PowerFleet Inc. (PWFL): Check on its recent ratings

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PowerFleet Inc. (NASDAQ:PWFL) changes shares on Tuesday trading session, with a change of 0.79% or $0.04 shares. The trading starts at $5.10 and closed at $5.08 throughout the day. The trading session low price was $4.90 and day high was $5.21 on Tuesday, June 16. After the session, the Technology sector daily volume shifted to 0.13 million while its average volume is 153.12K. In other hand, the PWFL market cap reached to $147.20M. While, its current target price is $5.12 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -1.35% and up 24.88% for month. Its quarterly performance was 65.16% above, while its half year performance is down -15.65%. PWFL yearly performance stood at negative -6.91% and fall -21.35% for year-to-date. Current recommendation for PowerFleet Inc. is 1.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. PWFL EPS (TTM) for 12-month is -0.60. EPS for this year is -74.40%, while for the next year its value is 0.24. Its EPS Q/Q reached -25.80%. It has an EPS of 9.30% up for past five years and for the next five years will be up 30.00%.

Let’s take a look on the analyst recommendations on PWFL for the current month and previous month. For the current month, 5 of 6 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 6 analysts participate in stock recommendation. Out of 6, 0 rated it sell, 6 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $4.00-$11.00. Average target price for PWFL was reached at $7.17.

Cannell Capital LLC, Phoenix Holdings Ltd. and North Run Capital LP are the top three holders in PowerFleet Inc. (PWFL) stock. On Mar 30, 2020, Cannell Capital LLC has 2.78 million shares which valued 9.61 million. On Mar 30, 2020, Phoenix Holdings Ltd. owned 1.74 million shares which valued at 6.02 million. On Mar 30, 2020, North Run Capital LP has a total of 1.35 million shares which valued at 4.67 million. In the end, North Run Capital LP have 4.52% shares outstanding of PowerFleet Inc. (PWFL) on Mar 30, 2020. The insider ownership moved to 1.80% and institutional holding shifted to 51.40%.

The company posted an EPS (TTM) of -0.60. According to the most recent quarter report on (Jun 2020), 4 analysts estimated an average EPS of -0.06, while -0.02 EPS posted a year ago period. Analyst Estimated EPS for PWFL published in the report was -0.09–0.02 during the same period. Comparing with last year, the average estimated EPS was -0.02 which is higher than -0.03 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for PWFL fall -10.59% for period of 200 days. SMA for 50 days was 10.17% which is showing green signal, while SMA-20 was 3.90%. The moving average value for PowerFleet Inc. (PWFL) is 5.67 and 4.77 for 200 and 50 days respectively.