PowerFleet (NASDAQ:AIOT – Get Free Report) is one of 953 public companies in the “Software” industry, but how does it compare to its rivals? We will compare PowerFleet to related companies based on the strength of its earnings, dividends, analyst recommendations, profitability, risk, valuation and institutional ownership.
Earnings and Valuation
This table compares PowerFleet and its rivals top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| PowerFleet | $443.78 million | -$20.55 million | -19.21 |
| PowerFleet Competitors | $1.79 billion | $385.91 million | 106.60 |
PowerFleet’s rivals have higher revenue and earnings than PowerFleet. PowerFleet is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Volatility & Risk
PowerFleet has a beta of 1.42, suggesting that its share price is 42% more volatile than the S&P 500. Comparatively, PowerFleet’s rivals have a beta of 1.34, suggesting that their average share price is 34% more volatile than the S&P 500.
Insider & Institutional Ownership
73.4% of PowerFleet shares are owned by institutional investors. Comparatively, 41.8% of shares of all “Software” companies are owned by institutional investors. 5.9% of PowerFleet shares are owned by company insiders. Comparatively, 19.9% of shares of all “Software” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Profitability
This table compares PowerFleet and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| PowerFleet | -4.16% | 0.48% | 0.24% |
| PowerFleet Competitors | -612.64% | 20.88% | -8.99% |
Analyst Recommendations
This is a summary of current ratings and recommmendations for PowerFleet and its rivals, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| PowerFleet | 1 | 2 | 3 | 0 | 2.33 |
| PowerFleet Competitors | 5746 | 21522 | 44878 | 1496 | 2.57 |
PowerFleet presently has a consensus price target of $7.40, suggesting a potential upside of 175.09%. As a group, “Software” companies have a potential upside of 28.84%. Given PowerFleet’s higher possible upside, analysts plainly believe PowerFleet is more favorable than its rivals.
Summary
PowerFleet rivals beat PowerFleet on 8 of the 13 factors compared.
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. It operates through the following geographical segments: United States, Israel, and Other. The company was founded in 1993 and is headquartered in Woodcliff Lake, NJ.
Receive News & Ratings for PowerFleet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerFleet and related companies with MarketBeat.com's FREE daily email newsletter.
