Adversity is less terrifying than hope: PowerFleet Inc (PWFL)

With 0.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.97 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $4.75 whereas the lowest price it dropped to was $4.5. The 52-week range on PWFL shows that it touched its highest point at $5.67 and its lowest point at $1.64 during that stretch. It currently has a 1-year price target of $8.17. Beta for the stock currently stands at 1.72.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PWFL was down-trending over the past week, with a drop of -13.56%, but this was down by -7.46% over a month. Three-month performance surged to 53.51% while six-month performance rose 98.70%. The stock gained 41.23% in the past year, while it has gained 34.21% so far this year. EPS is expected to grow by 30.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -7.57%.

Float and Shares Shorts:

At present, 107.35 million PWFL shares are outstanding with a float of 99.79 million shares on hand for trading. On 2024-05-15, short shares totaled 1.23 million, which was 114.99999999999999 higher than short shares on 1713139200. In addition to Mr. Steve Towe as the firm’s CEO & Director, Mr. David Wilson serves as its CFO & Corporate Secretary.

Institutional Ownership:

Through their ownership of 0.42153 of PWFL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, PWFL reported revenue of $34652000.0 and operating income of -$4276000.0. The EBITDA in the recently reported quarter was -$1730000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PWFL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.