FY2025 EPS Estimates for Powerfleet Reduced by Roth Capital

Powerfleet, Inc. (NASDAQ:AIOT) – Roth Capital cut their FY2025 earnings per share estimates for Powerfleet in a report issued on Tuesday, February 11th. Roth Capital analyst S. Searle now forecasts that the company will post earnings of ($0.33) per share for the year, down from their prior forecast of ($0.12). The consensus estimate for Powerfleet’s current full-year earnings is ($0.14) per share. Roth Capital also issued estimates for Powerfleet’s Q4 2025 earnings at ($0.01) EPS and FY2026 earnings at $0.18 EPS.

Other equities analysts have also recently issued reports about the company. Barrington Research reaffirmed an “outperform” rating and set a $15.00 price objective on shares of Powerfleet in a report on Thursday. Lake Street Capital lifted their price objective on Powerfleet from $7.00 to $11.00 and gave the stock a “buy” rating in a report on Tuesday. William Blair reaffirmed an “outperform” rating on shares of Powerfleet in a report on Thursday, November 21st. Finally, Northland Securities boosted their price target on Powerfleet from $10.00 to $11.00 and gave the stock an “outperform” rating in a report on Tuesday.

Powerfleet Stock Up 0.4 %

Shares of AIOT stock opened at $8.10 on Friday. The stock has a fifty day moving average price of $6.50 and a 200 day moving average price of $5.70. Powerfleet has a 1 year low of $2.85 and a 1 year high of $8.71. The company has a quick ratio of 1.51, a current ratio of 1.71 and a debt-to-equity ratio of 0.25.

Powerfleet (NASDAQ:AIOT) last issued its quarterly earnings data on Monday, February 10th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.13).

Institutional Investors Weigh In On Powerfleet

A number of hedge funds and other institutional investors have recently made changes to their positions in AIOT. Kopion Asset Management LLC purchased a new stake in shares of Powerfleet in the fourth quarter valued at $7,361,000. Yarbrough Capital LLC purchased a new stake in shares of Powerfleet in the fourth quarter valued at $372,000. Financial Management Professionals Inc. purchased a new stake in shares of Powerfleet in the fourth quarter valued at $50,000. SG Americas Securities LLC purchased a new stake in shares of Powerfleet in the fourth quarter valued at $228,000. Finally, Inspire Investing LLC purchased a new stake in shares of Powerfleet in the fourth quarter valued at $398,000. Hedge funds and other institutional investors own 73.40% of the company’s stock.

Insider Transactions at Powerfleet

In other news, insider Catherine J. Lewis sold 82,010 shares of Powerfleet stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $7.05, for a total value of $578,170.50. Following the completion of the sale, the insider now owns 240,962 shares of the company’s stock, valued at $1,698,782.10. The trade was a 25.39 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 7.79% of the company’s stock.

About Powerfleet

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.