MiX Telematics Limited (MIXT) to Issue Dividend of $0.01
MiX Telematics Limited (NYSE:MIXT) declared a dividend on Thursday, February 2nd. Stockholders of record on Friday, February 24th will be paid a dividend of 0.01 per share on Monday, February 27th. The ex-dividend date is Wednesday, February 22nd.
MiX Telematics Limited (NYSE:MIXT) opened at 7.35 on Friday. MiX Telematics Limited has a 12 month low of $3.38 and a 12 month high of $8.14. The stock has a market cap of $165.65 million, a PE ratio of 26.73 and a beta of 0.84. The stock’s 50 day moving average price is $7.08 and its 200-day moving average price is $6.20.
MiX Telematics Limited (NYSE:MIXT) last announced its earnings results on Thursday, February 2nd. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by $0.63. MiX Telematics Limited had a return on equity of 6.08% and a net margin of 6.83%. The firm earned $29.20 million during the quarter, compared to the consensus estimate of $372.07 million. Analysts anticipate that MiX Telematics Limited will post $0.01 EPS for the current fiscal year.
Several brokerages have recently issued reports on MIXT. Zacks Investment Research lowered MiX Telematics Limited from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 9th. Canaccord Genuity reissued a “buy” rating and issued a $10.50 target price on shares of MiX Telematics Limited in a research report on Thursday, February 2nd. CIBC reissued a “market perform” rating on shares of MiX Telematics Limited in a research report on Thursday, January 12th. Oppenheimer Holdings, Inc. reissued a “market perform” rating on shares of MiX Telematics Limited in a research report on Thursday, January 12th. Finally, TheStreet raised MiX Telematics Limited from a “hold” rating to a “buy” rating in a research report on Thursday, November 3rd. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. MiX Telematics Limited presently has a consensus rating of “Buy” and an average price target of $7.38.
This piece was first published by Daily Political and is the sole property of of Daily Political. If you are reading this piece on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark laws. The original version of this piece can be accessed at http://www.dailypolitical.com/2017/02/17/mix-telematics-limited-mixt-to-issue-dividend-of-0-01.html.
MiX Telematics Limited Company Profile
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.
Receive News & Ratings for MiX Telematics Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MiX Telematics Limited and related companies with MarketBeat.com's FREE daily email newsletter.