PowerFleet, Inc provides wireless Internet-of-Things asset management solutions in the United States, Israel, and internationally.
infoPowerFleet is a micro cap stock with a total market cap of 72.89M.
infoThey trade on the NASDAQ and had their IPO 24 years and 1 month ago.
infoPowerFleet currently employs 795 people.
infoAs of Wednesday, Aug 23 2023, PowerFleet’s share price is $1.95.
News Relating to PowerFleet
GlobeNewsWire
Powerfleet Sets Second Quarter 2023 Conference Call for Tuesday, August 8, 2023 at 8:30 a.m. ET
Monday Jul 31 2023 at 08:00
WOODCLIFF LAKE, N.J., July 31, 2023 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: PWFL), will hold a conference call on Tuesday, August 8, 2023 at 8:30 a.m. Eastern (5:30 a.m. Pacific) to discuss results for the second quarter ended June 30, 2023. Financial results will be issued in a press release prior.
Zacks Investment Research
Despite Fast-paced Momentum, PowerFleet (PWFL) Is Still a Bargain Stock
Thursday Jun 22 2023 at 10:21
PowerFleet (PWFL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our ‘Fast-Paced Momentum at a Bargain’ screen.
Zacks Investment Research
PowerFleet (PWFL) Is Attractively Priced Despite Fast-paced Momentum
Monday Jun 05 2023 at 09:55
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, PowerFleet (PWFL) could be a great choice. It is one of the several stocks that passed through our ‘Fast-Paced Momentum at a Bargain’ screen.
Seeking Alpha
PowerFleet, Inc. (PWFL) Q1 2023 Earnings Call Transcript
Sunday May 14 2023 at 02:36
PowerFleet, Inc. (NASDAQ:PWFL ) Q1 2023 Earnings Conference Call May 9, 2023 8:30 AM ET Company Participants Steve Towe – CEO David Wilson – CFO Conference Call Participants Daniel Park – Canaccord Genuity Max Michaelis – Lake Street Capital Markets Scott Searle – ROTH MKM Gary Prestopino – Barrington Research Operator Good morning, and welcome to PowerFleet’s First Quarter 2023 Conference Call. Joining us for today’s presentation is the company’s CEO, Steve Towe; and CFO, David Wilson.
GlobeNewsWire
Powerfleet Sets Fourth Quarter and Full Year 2022 Conference Call for Thursday, March 9, 2023 at 8:30 a.m. ET
Friday Feb 17 2023 at 08:00
WOODCLIFF LAKE, N.J., Feb. 17, 2023 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: PWFL) will hold a conference call on Thursday, March 9, 2023 at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the fourth quarter and full year ended December 31, 2022. Financial results will be issued in a press release prior to the call.
Seeking Alpha
PowerFleet: The Best Kept Secret In IoT
Monday Jan 16 2023 at 22:35
The company experienced headwinds and rationalization efforts in 2022, but things are already improving. Re-accelerating revenue growth is not a given but is possible on the new platform and modules.
Seeking Alpha
PowerFleet, Inc. (PWFL) Q3 2022 Earnings Call Transcript
Saturday Nov 12 2022 at 10:53
PowerFleet, Inc. (NASDAQ:PWFL ) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET Company Participants Steve Towe – Chief Executive Officer Joaquin Fong – Principal Financial Officer Conference Call Participants Scott Searle – ROTH Capital Partners Michael Walkley – Canaccord Genuity Maxwell Michaelis – Lake Street Capital Markets Gary Prestopino – Barrington Research Operator Good morning. Welcome to PowerFleet’s Third Quarter 2022 Conference Call.
GlobeNewsWire
Powerfleet Sets Third Quarter 2022 Conference Call for Tuesday, November 8, 2022 at 8:30 a.m. ET
Tuesday Oct 04 2022 at 08:00
WOODCLIFF LAKE, N.J., Oct. 04, 2022 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: PWFL), a global leader of Internet of Things (IoT) software-as-a-service (SaaS) solutions that optimize the performance of mobile assets and resources to unify business operations, will hold a conference call on Tuesday, November 8, 2022 at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the third quarter ended September 30, 2022. Financial results will be issued in a press release prior to the call.
Zacks Investment Research
PowerFleet (PWFL) Q2 Earnings and Revenues Beat Estimates
Monday Aug 08 2022 at 12:03
PowerFleet (PWFL) delivered earnings and revenue surprises of 225% and 0.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
PowerFleet Sets Second Quarter 2022 Conference Call for Wednesday, August 3, 2022 at 8:30 a.m. ET
Wednesday Jul 13 2022 at 08:00
WOODCLIFF LAKE, N.J., July 13, 2022 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader of Internet-of-Things (IoT) solutions that manage enterprise assets for seamless business operations, will hold a conference call on Wednesday, August 3, 2022 at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the second quarter ended June 30, 2022. Financial results will be issued in a press release prior to the call.
Seeking Alpha
PowerFleet, Inc. (PWFL) CEO Steve Towe on Q1 2022 Results – Earnings Call Transcript
Saturday May 14 2022 at 13:36
PowerFleet, Inc. (NASDAQ:PWFL ) Q1 2022 Results Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Steve Towe – Chief Executive Officer Ned Mavrommatis – Chief Financial Officer & Treasurer Conference Call Participants Mike Walkley – Canaccord Genuity Jaeson Schmidt – Lake Street Scott Searle – ROTH Capital Operator Good morning. Welcome to PowerFleet’s First Quarter 2022 Conference Call.
Zacks Investment Research
PowerFleet (PWFL) Reports Q1 Loss, Tops Revenue Estimates
Tuesday May 10 2022 at 09:47
PowerFleet (PWFL) delivered earnings and revenue surprises of -200% and 3.79%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
PowerFleet Sets First Quarter 2022 Conference Call for Tuesday, May 10, 2022 at 8:30 a.m. ET
Tuesday Apr 26 2022 at 08:00
WOODCLIFF LAKE, N.J., April 26, 2022 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader of SaaS-based data insight solutions that manage enterprise assets for seamless business operations, will hold a conference call on Tuesday, May 10, 2022 at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the first quarter ended March 31, 2022. Financial results will be issued in a press release prior to the call.
Seeking Alpha
PowerFleet, Inc. (PWFL) CEO Steve Towe on Q4 2021 Results – Earnings Call Transcript
Wednesday Mar 09 2022 at 14:05
PowerFleet, Inc. (PWFL) CEO Steve Towe on Q4 2021 Results – Earnings Call Transcript
Zacks Investment Research
PowerFleet (PWFL) Reports Q4 Loss, Tops Revenue Estimates
Wednesday Mar 09 2022 at 09:47
PowerFleet (PWFL) delivered earnings and revenue surprises of 66.67% and 9.47%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Seeking Alpha
PowerFleet, Inc. (PWFL) CEO Chris Wolfe on Q3 2021 Results – Earnings Call Transcript
Saturday Nov 06 2021 at 09:14
PowerFleet, Inc. (PWFL) CEO Chris Wolfe on Q3 2021 Results – Earnings Call Transcript
Zacks Investment Research
PowerFleet (PWFL) Reports Q3 Loss, Lags Revenue Estimates
Thursday Nov 04 2021 at 11:28
PowerFleet (PWFL) delivered earnings and revenue surprises of -120.00% and -12.03%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
PowerFleet Sets Third Quarter 2021 Conference Call for Thursday, November 4, 2021 at 8:00 a.m. ET
Friday Oct 22 2021 at 08:30
WOODCLIFF LAKE, N.J., Oct. 22, 2021 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, will hold a conference call on Thursday, November 4, 2021 at 8:00 a.m. Eastern time (5:00 a.m. Pacific time) to discuss results for the third quarter ended September 30, 2021. Financial results will be issued in a press release prior to the call.
Seeking Alpha
PowerFleet, Inc. (PWFL) CEO Chris Wolfe on Q2 2021 Results – Earnings Call Transcript
Saturday Aug 07 2021 at 21:39
PowerFleet, Inc. (PWFL) CEO Chris Wolfe on Q2 2021 Results – Earnings Call Transcript
GlobeNewsWire
PowerFleet Receives 2021 IoT Evolution Asset Tracking Award
Friday Aug 06 2021 at 08:00
PowerFleet LV-500 and LV-710 Honored for Excellent Innovation in Burgeoning Internet of Things Market Segment PowerFleet LV-500 and LV-710 Honored for Excellent Innovation in Burgeoning Internet of Things Market Segment
GlobeNewsWire
PowerFleet Sets Second Quarter 2021 Conference Call for Thursday, August 5, 2021 at 8:30 a.m. ET
Wednesday Jul 21 2021 at 16:05
WOODCLIFF LAKE, N.J., July 21, 2021 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, will hold a conference call on Thursday, August 5, 2021 at 8:30 a.m. Eastern time to discuss results for the second quarter ended June 30, 2021. Financial results will be issued in a press release the same day, before the call.
GlobeNewsWire
PowerFleet CEO Chris Wolfe Named EY Entrepreneur Of The Year® 2021 New Jersey Award Finalist
Wednesday Jun 09 2021 at 08:00
Wolfe Recognized as Part of the 35th Class of Unstoppable Entrepreneurs Who Transform New Jersey and Beyond Wolfe Recognized as Part of the 35th Class of Unstoppable Entrepreneurs Who Transform New Jersey and Beyond
GlobeNewsWire
Mitsubishi Logisnext Americas Launches Advanced PowerFleet® Telematics Solution For North American Market
Tuesday Jun 01 2021 at 16:15
WOODCLIFF LAKE, N.J., June 01, 2021 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking and managing high-value enterprise assets, announced today it has entered into a reseller agreement with Mitsubishi Logisnext Americas group ( Logisnext ), a leading North American provider and manufacturer of material handling and innovative automation and fleet solutions. Together, PowerFleet and Logisnext have teamed-up to introduce the new PowerFleet® Enterprise Telematic Solution to customers across North America.
GlobeNewsWire
The Israel Police Select Pointer by PowerFleet for Managing Their Fleet of 7,500 Vehicles
Monday May 10 2021 at 07:00
The Israel Police Is the Third Rescue Force, following in the Steps of Magen David Adom and The Fire and Rescue Services, to Choose Pointer to Provide Command-and-Control Solution The Israel Police Is the Third Rescue Force, following in the Steps of Magen David Adom and The Fire and Rescue Services, to Choose Pointer to Provide Command-and-Control Solution
Seeking Alpha
PowerFleet, Inc. (PWFL) CEO Chris Wolfe on Q1 2021 Results – Earnings Call Transcript
Saturday May 08 2021 at 19:54
PowerFleet, Inc. (PWFL) CEO Chris Wolfe on Q1 2021 Results – Earnings Call Transcript
Benzinga
Recap: PowerFleet Q1 Earnings
Wednesday May 05 2021 at 07:32
Shares of PowerFleet (NASDAQ:PWFL) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share increased 100.00% year over year to ($0.00), which beat the estimate of ($0.07).
GlobeNewsWire
PowerFleet Reports First Quarter 2021 Financial Results
Wednesday May 05 2021 at 07:00
WOODCLIFF LAKE, N.J. , May 05, 2021 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, reported results for the first quarter ended March 31, 2021.
GlobeNewsWire
Comasco Selects Cellocator by PowerFleet IoT Solution for Global Crane Parts Visibility
Monday Apr 26 2021 at 07:00
Solution Delivers Real-time Tracing and Inventory Management for Increased Optimization and Cost Savings Solution Delivers Real-time Tracing and Inventory Management for Increased Optimization and Cost Savings
GlobeNewsWire
PowerFleet Sets First Quarter 2021 Conference Call for Wednesday, May 5, 2021 at 8:00 a.m. ET
Monday Apr 19 2021 at 16:05
WOODCLIFF LAKE, N.J., April 19, 2021 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, will hold a conference call on Wednesday, May 5, 2021 at 8:00 a.m. Eastern time to discuss results for the first quarter ended March 31, 2021. Financial results will be issued in a press release the same day, before the call.
Seeking Alpha
PowerFleet, Inc. (PWFL) CEO Chris Wolfe on Q4 2020 Results – Earnings Call Transcript
Friday Feb 26 2021 at 01:50
PowerFleet, Inc. (PWFL) CEO Chris Wolfe on Q4 2020 Results – Earnings Call Transcript
PowerFleet Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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PowerFleet’s Altman Z-score is 0.31 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
PowerFleet Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, there has been no insider trading in PowerFleet.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Cannot compute a percentage difference when there are zeros in the calculation
Cannot compute a percentage difference when there are zeros in the calculation
Cannot compute a percentage difference when there are zeros in the calculation
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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PowerFleet’s Current Ratio of 1.86 is in line with its Industry Group of 1.92 (-3.1% lower)
PowerFleet’s Current Ratio of 1.86 is lower than its Major Industry Group of 2.37 (-21.5% lower)
PowerFleet’s Current Ratio of 1.86 is lower than its Sector of 2.6 (-28.5% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Cannot compare a negative PE Ratio (-0.02 & -0.56)
Cannot compare a negative PE Ratio (-0.02 & -0.02)
Cannot compare a negative PE Ratio (-0.02 & -0.4)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Cannot compute a percentage difference when there are zeros in the calculation
Cannot compute a percentage difference when there are zeros in the calculation
Cannot compute a percentage difference when there are zeros in the calculation
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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PowerFleet’s ROE of -0.03 is greater than its Industry Group of -0.05 (40.0% greater)
PowerFleet’s ROE of -0.03 is lower than its Major Industry Group of -0.01 (-200.0% lower)
PowerFleet’s ROE of -0.03 is in line with its Sector of -0.03
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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PowerFleet’s ROCE of -0.02 is in line with its Industry Group of -0.02
Cannot compute a percentage difference when there are zeros in the calculation
PowerFleet’s ROCE of -0.02 is greater than its Sector of -0.04 (50.0% greater)
Derived from SEC.GOV filing dataopen_in_new