$0.11 EPS Expected for MiX Telematics Limited (MIXT)

January 3, 2018 – By Winifred Garcia

Analysts expect MiX Telematics Limited (NYSE:MIXT) to report $0.11 EPS on February, 1.They anticipate $0.01 EPS change or 8.33 % from last quarter’s $0.12 EPS. MIXT’s profit would be $2.46 million giving it 28.48 P/E if the $0.11 EPS is correct. After having $0.09 EPS previously, MiX Telematics Limited’s analysts see 22.22 % EPS growth. The stock decreased 1.80% or $0.23 during the last trading session, reaching $12.53. About 67,713 shares traded or 7.62% up from the average. MiX Telematics Limited (NYSE:MIXT) has risen 32.51% since January 3, 2017 and is uptrending. It has outperformed by 15.81% the S&P500.

MiX Telematics Limited (NYSE:MIXT) Ratings Coverage

Among 5 analysts covering MiX Telematics Ltd (NYSE:MIXT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. MiX Telematics Ltd had 9 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, August 12 by Canaccord Genuity. As per Monday, May 29, the company rating was downgraded by ValuEngine. The stock has “Buy” rating by William Blair on Thursday, May 25. The firm earned “Overweight” rating on Friday, May 27 by First Analysis. On Thursday, January 12 the stock rating was downgraded by Oppenheimer to “Perform”. The stock has “Buy” rating by Canaccord Genuity on Thursday, August 3. Canaccord Genuity maintained MiX Telematics Limited (NYSE:MIXT) rating on Wednesday, December 6. Canaccord Genuity has “Buy” rating and $17.0 target.

MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service delivery model worldwide. The company has market cap of $280.02 million. The firm offers fleet solutions, including MiX Fleet Manager Premium that provides access to secure information about drivers and vehicles; and MiX Fleet Manager Essential for monitoring drivers and vehicles. It has a 29.48 P/E ratio. It also provides consumer solutions, including Matrix that provides vehicle tracking, telematics, and personal safety services; and Beame, a wireless device, which offers mobile asset tracking and recovery services.

More important recent MiX Telematics Limited (NYSE:MIXT) news were published by: Benzinga.com which released: “The Challenges Of Conducting Business In Africa: ‘We Are Facing Global …” on March 05, 2017, also Benzinga.com published article titled: “Why Most African Companies Are Not Listed On The NYSE Or Nasdaq: It’s All …”, Marketwatch.com published: “MiX Telematics Ltd. ADR” on September 05, 2013. More interesting news about MiX Telematics Limited (NYSE:MIXT) was released by: Seekingalpha.com and their article: “Mix Telematics Has Been A Great Ride” with publication date: January 13, 2017.