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PowerFleet, Inc. (PWFL)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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6.17-0.20 (-3.14%)
As of 11:44AM EDT. Market open.
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Neutralpattern detected
Previous Close6.37
Open6.25
Bid6.23 x 800
Ask6.26 x 1800
Day's Range6.17 - 6.36
52 Week Range3.56 - 9.55
Volume98,110
Avg. Volume249,030
Market Cap222.029M
Beta (5Y Monthly)1.86
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateMay 05, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est11.25
  • White Oak Transport Selects PowerFleet to Improve Asset Visibility
    GlobeNewswire

    White Oak Transport Selects PowerFleet to Improve Asset Visibility

    Long Service Life and Low-Maintenance Solution Chosen to Help White Oak Deliver on Customer CommitmentsWOODCLIFF LAKE, N.J., May 12, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking and managing high-value enterprise assets, has been selected by White Oak Transportation, Inc., a leading provider of brokerage, dedicated contract carriage, and truckload carriage based in Decatur, Alabama, to supply its trailer tracking solution to their 875-trailer fleet. PowerFleet’s solar and supercap powered LV-500 combined with its cloud-based software application will provide White Oak Transportation better asset visibility for improved customer satisfaction and operational efficiencies. By leveraging PowerFleet’s LV-500, White Oak will be able to upgrade from 3G to 4G/LTE wireless service to ensure continuity of coverage and complete visibility over its fleet. Moreover, the trailer tracking solution will support White Oak Transportation’s commitments with contracted trailer pools at customer locations. With trailers moving to and from facilities and sometimes moved by foreign carrier’s drivers, it's easy to lose track or misplace trailers. Using PowerFleet’s reporting dashboards and analytics to run automated yard checks, White Oak can share trailer location and other key performance indicators (KPIs) with customers to provide them with peace of mind that they are meeting contracted pool requirements. “The level of data provided by the LV-500 ensures that we gain increased visibility into the fleet and can prioritize driver safety while delivering excellence in client service,” explained Ryan Waller, Vice President of White Oak Transportation. “As some of our contracted trailers stay at our customers’ sites for extended periods, access to accurate usage information is also critical in allowing us to improve preventative maintenance planning.” The PowerFleet LV-500 delivers frequent reporting on the status and location of trailers through PowerFleet’s cloud-based application and integration into White Cloud’s Transportation Management System. A self-contained device, the LV-500 is dual-powered using solar-powered supercapacitors and long-lasting primary batteries, and can be installed in 10 minutes or less. Its rugged design provides extended years of service and a lower total cost of ownership. The LV-500 solution will help lower costs associated with underutilized trailers by enabling White Oak to expeditiously re-allocate them and by reducing the time required for drivers and yard workers searching for available trailers. “With the 3G sunset around the corner, White Oak Transportation wanted to upgrade its old devices to a reliable LTE technology solution that will help them monitor and analyze their assets,” said Mark Stanton, GM of Supply Chain at PowerFleet. “Employing our patent pending LV-500 solution addresses the many challenges of having trailers offsite for long periods of time and is ideal for ongoing fleet maintenance and management.” To learn more about the latest PowerFleet solutions, visit www.powerfleet.com. About PowerFleetPowerFleet® Inc. (NASDAQ: PWFL; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. PowerFleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands PowerFleet, Pointer, and Cellocator. For more information, please visit www.powerfleet.com, the content of which does not form a part of this press release. About White Oak Transportation, Inc.White Oak Transportation is a privately held asset-based carrier that began operations in 1999. The company provides a wide range of transportation solutions that includes brokerage, dedicated contract carriage, and truckload carriage in various lengths of haul throughout the Southeastern, Midwestern and Mid-Atlantic United States. For more information, visit www.whiteoaktrans.com. PowerFleet Company ContactNed Mavrommatis, CFO NMavrommatis@powerfleet.com(201) 996-9000 PowerFleet Investor Contact Matt GloverGateway Investor RelationsPWFL@gatewayir.com(949) 574-3860 PowerFleet Media ContactSasha Dookhoopowerfleet@n6a.com

  • The Israel Police Select Pointer by PowerFleet for Managing Their Fleet of 7,500 Vehicles
    GlobeNewswire

    The Israel Police Select Pointer by PowerFleet for Managing Their Fleet of 7,500 Vehicles

    The Israel Police Is the Third Rescue Force, following in the Steps of Magen David Adom and The Fire and Rescue Services, to Choose Pointer to Provide Command-and-Control SolutionWOODCLIFF LAKE, N.J., May 10, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), announced that its operating subsidiary, Pointer Telocation Ltd. (Pointer), is set to provide a range of technological services for more than 7,500 police vehicles of the Israel Police fleet for the next four years. The fleet is comprised of 61 different vehicle types including two-wheelers. The Israel Police has the option to extend the tender for an additional four years. Included in the services to be provided, Pointer will implement a fleet management and driver identification solution to identify the police officer or other authorized official who is driving the vehicle and approve the journey. The solution will provide travel logs, using geo-tracking, to record all vehicle events including, engine on/off status, location, vehicle movement, route, speed, time spent parked, battery status etc. The solution also includes real-time alerts for leaving a pre-defined area or geofence and speeding as well as a dedicated in-car driver interface in some of the vehicles for documenting private travel. The police will become one of the largest organizations in Israel to manage a fleet of vehicles from a systemic and tactical point of view. The police will be able to send select forces to deal with specific incidents in real-time, utilizing key data for improved command and control as well as cost-efficiencies. The fleet management solution will serve as an efficient investigative tool and can reconstruct response situations to implement future improvements. The solution the Israel Police are installing on its entire vehicle fleet will be operated using advanced 4G/LTE technology and will rely on the vast amount of knowledge accumulated by Pointer on fleet management, and web-based interfaces. Multiple authorized users can access critical information online as data is collected from a smart GPS telecommunications unit and analyzed using Pointer Diagnostic, which can process vast amounts of data in real-time. “This is an important achievement through which Pointer will leverage our unique technological capabilities accumulated over many years,” said Ilan Goldstein, CEO of Pointer. “The selected solution will enable the Israel Police to integrate existing technology investments, thereby enabling them to handle the many dynamic challenges that occur as part of their complex incidents and assignments. The Israel Police is the third rescue force, following Magen David Adom and the Fire and Rescue Services, who have chosen us to provide comprehensive command-and-control solutions. This is due to our highly reliable hardware and software capabilities as well as our unique engineering competences and excellent customer service. We are proud to provide a solution that will help facilitate the holistic coordination of different rescue forces utilizing the same fleet management system to deal with combined incidents.” About Pointer by PowerFleetPointer is part of the global Industrial Internet of Things company PowerFleet ® Inc (NASDAQ: PWFL; TASE: PWFL). PowerFleet is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. PowerFleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands PowerFleet, Pointer, and Cellocator. For more information, please visit www.powerfleet.com, the content of which does not form a part of this press release. PowerFleet Company ContactNed Mavrommatis, CFO NMavrommatis@powerfleet.com(201) 996-9000 PowerFleet Investor Contact Matt GloverGateway Investor RelationsPWFL@gatewayir.com(949) 574-3860 PowerFleet Media ContactSasha Dookhoopowerfleet@n6a.com

  • PowerFleet (PWFL) Reports Break-Even Earnings for Q1
    Zacks

    PowerFleet (PWFL) Reports Break-Even Earnings for Q1

    PowerFleet (PWFL) delivered earnings and revenue surprises of -100.00% and -3.02%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?