MiX Telematics Limited (MIXT) to Release Quarterly Earnings on Thursday

MiX Telematics Limited (NYSE:MIXT) will be issuing its quarterly earnings data before the market opens on Thursday, November 2nd. Analysts expect the company to announce earnings of $0.08 per share for the quarter.

MiX Telematics Limited (NYSE:MIXT) last posted its earnings results on Thursday, August 3rd. The technology company reported $0.10 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.10. The firm had revenue of $31.08 million for the quarter, compared to the consensus estimate of $31.22 million. MiX Telematics Limited had a net margin of 7.88% and a return on equity of 8.56%. On average, analysts expect MiX Telematics Limited to post $0.4 EPS for the current fiscal year and $0.49 EPS for the next fiscal year.

MiX Telematics Limited (NYSE:MIXT) opened at 10.18 on Wednesday. The stock has a market capitalization of $227.41 million, a P/E ratio of 27.15 and a beta of 0.81. The company has a 50 day moving average of $9.76 and a 200-day moving average of $8.22. MiX Telematics Limited has a 52-week low of $5.59 and a 52-week high of $10.29.

Several analysts recently issued reports on the stock. Zacks Investment Research raised shares of MiX Telematics Limited from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a report on Friday, October 20th. ValuEngine cut shares of MiX Telematics Limited from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. TheStreet raised shares of MiX Telematics Limited from a “c+” rating to a “b-” rating in a report on Tuesday, July 11th. Finally, Canaccord Genuity reiterated a “buy” rating and set a $12.00 target price on shares of MiX Telematics Limited in a research note on Thursday, August 3rd. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. MiX Telematics Limited has a consensus rating of “Hold” and an average target price of $11.50.

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About MiX Telematics Limited

MiX Telematics Limited is a South Africa-based provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS) to customers. The Company’s operating segments include Africa, Europe, Americas, Middle East and Australasia, Brazil and Central Services Organization. The Company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, risk management and security.

Earnings History for MiX Telematics Limited (NYSE:MIXT)

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