MiX Telematics Limited (NYSE:MIXT) Projected EPS At $0.06 For Next Quarter


MiX Telematics Limited (NYSE:MIXT) has a mean price target of $7.50 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.06 a share for the very next quarter and $0.30 for this year.

Technical View

The technical study of MiX Telematics Limited American demonstrates that the 50-day moving average of MiX Telematics Limited (NYSE:MIXT) stock is $5.32, and is trading $0.18 points away or +3.39% from 50-day moving average of $5.32. It is trading $0.88 or +19.03% away 200-day moving average of $4.62.

The 52-week high of MiX Telematics Limited (NYSE:MIXT) was $6.00 while $3.33 is the low mark in the same period. It state MiX Telematics Limited American share price has to surge more than $-0.50 to hit 52-week high or drop +65.17% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of MiX Telematics Limited American, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. MiX Telematics Limited (NYSE:MIXT) ratio came in at 13.75, after dividing current equity price by yearly earnings. MiX Telematics Limited American stock recorded a close of $5.50 in last trading session, registering a market cap of $167.88M.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. MiX Telematics Limited (NYSE:MIXT) PEG ratio is at 1.07.

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