Contrasting PowerFleet (AIOT) & Its Peers

PowerFleet (NASDAQ:AIOT) is one of 954 publicly-traded companies in the “Software” industry, but how does it weigh in compared to its rivals? We will compare PowerFleet to similar businesses based on the strength of its analyst recommendations, valuation, risk, earnings, institutional ownership, dividends and profitability.

Valuation and Earnings

This table compares PowerFleet and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
PowerFleet	$450.45 million	-$20.55 million	-20.64
PowerFleet Competitors	$1.81 billion	$385.92 million	111.23

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.

Risk & Volatility

PowerFleet has a beta of 1.4, meaning that its stock price is 40% more volatile than the S&P 500. Comparatively, PowerFleet’s rivals have a beta of 1.34, meaning that their average stock price is 34% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings for PowerFleet and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
PowerFleet	1	2	3	0	2.33
PowerFleet Competitors	5715	21424	44682	1492	2.57

PowerFleet presently has a consensus price target of $7.40, suggesting a potential upside of 156.06%. As a group, “Software” companies have a potential upside of 27.67%. Given PowerFleet’s higher probable upside, analysts clearly believe PowerFleet is more favorable than its rivals.

Institutional and Insider Ownership

73.4% of PowerFleet shares are owned by institutional investors. Comparatively, 41.9% of shares of all “Software” companies are owned by institutional investors. 5.9% of PowerFleet shares are owned by insiders. Comparatively, 19.8% of shares of all “Software” companies are owned by 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	-612.30%	20.88%	-8.99%

Summary

PowerFleet rivals beat PowerFleet on 8 of the 13 factors compared.

PowerFleet Company Profile

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.