Powerfleet, Inc. (NASDAQ:AIOT – Free Report) – Roth Capital dropped their Q1 2026 earnings estimates for shares of Powerfleet in a report released on Tuesday, February 11th. Roth Capital analyst S. Searle now expects that the company will post earnings of $0.01 per share for the quarter, down from their previous estimate of $0.06. The consensus estimate for Powerfleet’s current full-year earnings is ($0.14) per share. Roth Capital also issued estimates for Powerfleet’s Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.06 EPS and Q4 2026 earnings at $0.07 EPS.
Several other analysts have also recently weighed in on the stock. Northland Securities lifted their price objective on shares of Powerfleet from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Tuesday. Lake Street Capital lifted their price target on shares of Powerfleet from $7.00 to $11.00 and gave the company a “buy” rating in a research report on Tuesday. William Blair reissued an “outperform” rating on shares of Powerfleet in a research report on Thursday, November 21st. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $15.00 price objective on shares of Powerfleet in a report on Thursday.
Powerfleet Stock Performance
AIOT stock opened at $7.88 on Thursday. The business’s fifty day moving average price is $6.45 and its two-hundred day moving average price is $5.67. Powerfleet has a fifty-two week low of $2.85 and a fifty-two week high of $8.71. The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 0.25.
Powerfleet (NASDAQ:AIOT – Get Free Report) last announced its earnings results on Monday, February 10th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.13).
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Signaturefd LLC bought a new stake in shares of Powerfleet during the 4th quarter valued at approximately $25,000. Financial Management Professionals Inc. acquired a new position in shares of Powerfleet during the fourth quarter worth $50,000. Spire Wealth Management acquired a new position in shares of Powerfleet during the fourth quarter worth $55,000. Private Advisor Group LLC bought a new position in shares of Powerfleet in the 4th quarter valued at $68,000. Finally, HighTower Advisors LLC acquired a new stake in shares of Powerfleet during the 4th quarter valued at $84,000. Institutional investors and hedge funds own 73.40% of the company’s stock.
Insider Buying and Selling
In other news, insider Catherine J. Lewis sold 82,010 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $7.05, for a total transaction of $578,170.50. Following the completion of the transaction, the insider now owns 240,962 shares of the company’s stock, valued at approximately $1,698,782.10. The trade was a 25.39 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 7.79% of the stock is currently owned by company insiders.
Powerfleet Company Profile
PowerFleet, Inc engages in the provision of fleet management solutions for logistics, industrial, and vehicles. It offers wireless Internet of Things and machine to machine solutions for securing, controlling, tracking, and managing enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicle and truck fleets.
Featured Stories
- Five stocks we like better than Powerfleet
- Expert Stock Trading Psychology Tips
- CVS Health: Earnings Beat Ignites Stock Rally
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Honeywell’s Breakup: Is HON Stock a Sweet Deal for Investors?
- 3 Fintech Stocks With Good 2021 Prospects
- PayPal: Time to Strike With Shares Down Double Digits?
Receive News & Ratings for Powerfleet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Powerfleet and related companies with MarketBeat.com's FREE daily email newsletter.