logo
#

Latest news with #PowerFleet

PowerFleet, Inc. (NASDAQ:AIOT) is a favorite amongst institutional investors who own 81%
PowerFleet, Inc. (NASDAQ:AIOT) is a favorite amongst institutional investors who own 81%

Yahoo

time3 hours ago

  • Business
  • Yahoo

PowerFleet, Inc. (NASDAQ:AIOT) is a favorite amongst institutional investors who own 81%

Institutions' substantial holdings in PowerFleet implies that they have significant influence over the company's share price The top 15 shareholders own 50% of the company Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. A look at the shareholders of PowerFleet, Inc. (NASDAQ:AIOT) can tell us which group is most powerful. With 81% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk). Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's take a closer look to see what the different types of shareholders can tell us about PowerFleet. View our latest analysis for PowerFleet Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. PowerFleet already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of PowerFleet, (below). Of course, keep in mind that there are other factors to consider, too. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. We note that hedge funds don't have a meaningful investment in PowerFleet. Disciplined Growth Investors, Inc. is currently the company's largest shareholder with 6.1% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 6.0% of common stock, and Private Capital Management, LLC holds about 5.1% of the company stock. Additionally, the company's CEO Steve Towe directly holds 1.8% of the total shares outstanding. After doing some more digging, we found that the top 15 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. We can report that insiders do own shares in PowerFleet, Inc.. It has a market capitalization of just US$628m, and insiders have US$46m worth of shares, in their own names. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling. With a 12% ownership, the general public, mostly comprising of individual investors, have some degree of sway over PowerFleet. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Case in point: We've spotted 2 warning signs for PowerFleet you should be aware of, and 1 of them shouldn't be ignored. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

PowerFleet, Inc. (NASDAQ:AIOT) is a favorite amongst institutional investors who own 81%
PowerFleet, Inc. (NASDAQ:AIOT) is a favorite amongst institutional investors who own 81%

Yahoo

timea day ago

  • Business
  • Yahoo

PowerFleet, Inc. (NASDAQ:AIOT) is a favorite amongst institutional investors who own 81%

Institutions' substantial holdings in PowerFleet implies that they have significant influence over the company's share price The top 15 shareholders own 50% of the company Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. A look at the shareholders of PowerFleet, Inc. (NASDAQ:AIOT) can tell us which group is most powerful. With 81% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk). Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's take a closer look to see what the different types of shareholders can tell us about PowerFleet. View our latest analysis for PowerFleet Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. PowerFleet already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of PowerFleet, (below). Of course, keep in mind that there are other factors to consider, too. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. We note that hedge funds don't have a meaningful investment in PowerFleet. Disciplined Growth Investors, Inc. is currently the company's largest shareholder with 6.1% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 6.0% of common stock, and Private Capital Management, LLC holds about 5.1% of the company stock. Additionally, the company's CEO Steve Towe directly holds 1.8% of the total shares outstanding. After doing some more digging, we found that the top 15 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. We can report that insiders do own shares in PowerFleet, Inc.. It has a market capitalization of just US$628m, and insiders have US$46m worth of shares, in their own names. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling. With a 12% ownership, the general public, mostly comprising of individual investors, have some degree of sway over PowerFleet. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Case in point: We've spotted 2 warning signs for PowerFleet you should be aware of, and 1 of them shouldn't be ignored. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

PowerFleet's (NASDAQ:AIOT) investors will be pleased with their decent 67% return over the last three years
PowerFleet's (NASDAQ:AIOT) investors will be pleased with their decent 67% return over the last three years

Yahoo

time19-04-2025

  • Business
  • Yahoo

PowerFleet's (NASDAQ:AIOT) investors will be pleased with their decent 67% return over the last three years

While PowerFleet, Inc. (NASDAQ:AIOT) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 21% in the last quarter. But don't let that distract from the very nice return generated over three years. In the last three years the share price is up, 67%: better than the market. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. PowerFleet isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. PowerFleet's revenue trended up 23% each year over three years. That's much better than most loss-making companies. The share price rise of 19% per year throughout that time is nice to see, and given the revenue growth, that gain seems somewhat justified. So now might be the perfect time to put PowerFleet on your radar. If the company is trending towards profitability then it could be very interesting. The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. If you are thinking of buying or selling PowerFleet stock, you should check out this free report showing analyst profit forecasts. It's nice to see that PowerFleet shareholders have received a total shareholder return of 20% over the last year. That's better than the annualised return of 0.6% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. It's always interesting to track share price performance over the longer term. But to understand PowerFleet better, we need to consider many other factors. Case in point: We've spotted 3 warning signs for PowerFleet you should be aware of, and 1 of them is potentially serious. There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

PowerFleet (AIOT) Enhances AI-Powered Warehouse Safety With TELUS
PowerFleet (AIOT) Enhances AI-Powered Warehouse Safety With TELUS

Yahoo

time16-03-2025

  • Business
  • Yahoo

PowerFleet (AIOT) Enhances AI-Powered Warehouse Safety With TELUS

We recently published a list of . In this article, we are going to take a look at where PowerFleet, Inc. (NASDAQ:AIOT) stands against other AI news Investors should not miss this week. Artificial Intelligence (AI) is known to increase productivity, decrease human error, and expedite the development of human resources. The market is being inundated with new AI capabilities to solve pressing business issues, such as employee expectations. By comprehending the unique needs, desires, and preferences of each employee, AI-powered solutions assist in creating individualized employee experiences that promote engagement. Likewise, automation of the labor market has inched a notch higher as China takes the fight to the US on game-changing artificial intelligence innovations. That's evident with the launch of Manus, the world's first AI agent, which operates autonomously without human intervention. Just weeks after China threatened US AI dominance by launching cost-effective AI models through DeepSeek, it moved to avert the need for human intervention on AI agents. Manus is the new AI sensation that promises to coordinate the work of specialized assistants in the race to automate recruitment and website development tasks. In addition to managing the work of numerous expert assistants, it can execute complex, multi-step activities. It works in the background, finishing all tasks on its own and only releasing data when the outcomes are ready. Additionally, Manus stands out for its ability to act independently and without guidance, unlike conventional chatbots like ChatGPT, Gemini, or Grok, which wait for commands. Manus heralds a new era of automation driven by AI, in which machines would help people and assume leadership and decision-making responsibilities. HR, tech development, logistics, and customer service are just a few of the areas that this change might greatly impact. While it may result in more efficiency, it may also raise issues with unemployment and the morality of AI autonomy. The global artificial intelligence in the human resource market was valued at $7.01 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 15.94%. Due to AI integration in the various HR processes, the market is expected to reach $30.77 billion by 2034, according to a study by Precedence Research. The development of sophisticated AI solutions like Manus to assist businesses and companies in effectively managing personnel acquisition, employee engagement, and retention should accelerate growth. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds in Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up of a hand reaching out to touch a virtual animation, demonstrating the power of the company's IoT technology. Number of Hedge Fund Holders: 26 PowerFleet, Inc. (NASDAQ:AIOT) is a software infrastructure company and a leader in the Artificial Intelligence of Things (AIoT) software-as-a-service (SaaS) mobile asset industry. It offers SaaS cloud-based applications data from IoT devices and ecosystem of third-party and partner applications to present actionable information for customers to increase efficiencies. The company moved to enhance workforce retention, operational efficiency, and safety on March 10, by launching advanced Unity in-warehouse solutions. PowerFleet, Inc. (NASDAQ:AIOT) combined its AI-driven safety technology with TELUS's extensive network infrastructure to enable real-time analytics and reliable connectivity with the new solution. The TELUS partnership should expand market reach across North America without requiring Powerfleet to build a specialized sales force. In return, the company should gain accelerated market access through its Unity AI-driven warehouse solutions. 'With TELUS's expansive market presence and commitment to digital transformation, we can accelerate the adoption of Unity's AI-driven safety, sustainability, compliance, and efficiency solutions across a broad range of industries. By combining TELUS's vast customer base with our cutting-edge AIoT technology, this collaboration strengthens our abilities to drive scalable revenue growth and furthers Powerfleet as a force in AIoT-driven digital transformation,' said Steve Towe, CEO of Powerfleet. Overall, AIOT ranks 1st on our list of AI news Investors should not miss this week. While we acknowledge the potential of AIOT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AIOT but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

3 US Stocks Estimated To Be Up To 48.5% Undervalued Offering A 15.9% Discount Opportunity
3 US Stocks Estimated To Be Up To 48.5% Undervalued Offering A 15.9% Discount Opportunity

Yahoo

time12-02-2025

  • Business
  • Yahoo

3 US Stocks Estimated To Be Up To 48.5% Undervalued Offering A 15.9% Discount Opportunity

As the U.S. stock market navigates a mixed landscape with the Dow rising and Nasdaq slipping amid tariff discussions and Federal Reserve Chair Jerome Powell's testimony, investors are keenly observing potential opportunities in undervalued stocks. In this environment, identifying stocks that offer significant discounts relative to their intrinsic value can be a strategic move for those looking to capitalize on current market conditions. Name Current Price Fair Value (Est) Discount (Est) Gilead Sciences (NasdaqGS:GILD) $96.14 $191.74 49.9% Smurfit Westrock (NYSE:SW) $53.64 $107.04 49.9% Bridgewater Bancshares (NasdaqCM:BWB) $15.21 $30.04 49.4% DiDi Global (OTCPK:DIDI.Y) $4.92 $9.56 48.5% Array Technologies (NasdaqGM:ARRY) $6.87 $13.66 49.7% Datadog (NasdaqGS:DDOG) $145.42 $286.09 49.2% Constellium (NYSE:CSTM) $9.46 $18.42 48.7% Marcus & Millichap (NYSE:MMI) $37.51 $74.07 49.4% PowerFleet (NasdaqGM:AIOT) $8.51 $16.52 48.5% SolarEdge Technologies (NasdaqGS:SEDG) $13.37 $26.39 49.3% Click here to see the full list of 169 stocks from our Undervalued US Stocks Based On Cash Flows screener. Here we highlight a subset of our preferred stocks from the screener. Overview: PowerFleet, Inc. offers Internet-of-Things solutions across the United States, Israel, and internationally, with a market cap of $1.03 billion. Operations: The company generates revenue from its Wireless IoT Asset Management segment, which amounts to $221.07 million. Estimated Discount To Fair Value: 48.5% PowerFleet, Inc. is trading at US$8.51, significantly below its estimated fair value of US$16.52, indicating potential undervaluation based on discounted cash flow analysis. Despite recent insider selling and shareholder dilution, the company raised its 2025 revenue guidance to exceed US$362.5 million due to strong financial performance and synergies from Fleet Complete's accounting transition to U.S. GAAP standards, highlighting robust growth prospects amid ongoing net losses. Our earnings growth report unveils the potential for significant increases in PowerFleet's future results. Take a closer look at PowerFleet's balance sheet health here in our report. Overview: Howmet Aerospace Inc. offers advanced engineered solutions for the aerospace and transportation sectors across various countries, with a market cap of approximately $52.08 billion. Operations: The company's revenue segments consist of Engine Products at $3.62 billion, Fastening Systems at $1.54 billion, Forged Wheels at $1.09 billion, and Engineered Structures at $1.04 billion. Estimated Discount To Fair Value: 15.9% Howmet Aerospace, with a trading price of US$129.32, is undervalued compared to its estimated fair value of US$153.69 based on discounted cash flow analysis. The company's earnings grew by 68.5% last year and are forecasted to grow at 16.36% annually, surpassing the US market's growth rate. Despite high debt levels, Howmet maintains robust financial health and recently declared dividends on both preferred and common stock, reflecting confidence in its cash flow stability. Our growth report here indicates Howmet Aerospace may be poised for an improving outlook. Dive into the specifics of Howmet Aerospace here with our thorough financial health report. Overview: International Paper Company produces and sells renewable fiber-based packaging and pulp products across North America, Latin America, Europe, and North Africa with a market cap of approximately $28.90 billion. Operations: The company's revenue segments include Industrial Packaging at $15.53 billion and Global Cellulose Fibers at $2.79 billion. Estimated Discount To Fair Value: 42.3% International Paper, trading at US$55.64, is significantly undervalued with an estimated fair value of US$96.43 based on discounted cash flow analysis. Despite high debt levels and a dividend not fully covered by earnings or free cash flows, the company's earnings grew substantially last year and are expected to grow at 22.73% annually over the next three years, outpacing the broader market's growth rate. Recent strategic acquisitions enhance its position in sustainable packaging solutions. Insights from our recent growth report point to a promising forecast for International Paper's business outlook. Unlock comprehensive insights into our analysis of International Paper stock in this financial health report. Unlock our comprehensive list of 169 Undervalued US Stocks Based On Cash Flows by clicking here. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGM:AIOT NYSE:HWM and NYSE:IP. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store