The company primarily targets building and construction, specialized site and field services, transportation, security, and product distribution industries. Recent expansion includes electric vehicle tracking solutions for monitoring EV battery use and range optimization. 2 analysts recommend buying the stock with a Strong Buy overall rating.
Cyborg Score Rationale
Quartix operates in the growing vehicle telematics market with established presence across multiple territories. The company benefits from recurring subscription revenue and is expanding into emerging categories like EV tracking. Analyst sentiment is positive with upside potential.
Top Insights
Two reportable segments: Insurance and Total Fleet operations
Dividend yield of 1.93%, demonstrating shareholder returns
12-month price target GBP360 with GBP400 high estimate and GBP330 low estimate
EV tracking solution represents growth into new market segment as electric vehicle adoption accelerates