Taser International Inc. (NASDAQ:TASR) has been given an average rating of “Buy” by the nine analysts that are covering the stock. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $27.00.

A number of analysts have recently issued reports on the company. Ladenburg Thalmann reiterated a “buy” rating and set a $31.00 price target (up previously from $28.00) on shares of Taser International in a research report on Friday, August 5th. JPMorgan Chase & Co. set a $31.00 price target on Taser International and gave the company a “buy” rating in a research report on Friday, August 5th. Zacks Investment Research upgraded Taser International from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. Oppenheimer Holdings Inc. restated a “market perform” rating on shares of Taser International in a research report on Tuesday, July 12th. Finally, CL King upgraded Taser International from a “neutral” rating to a “buy” rating and set a $32.00 target price for the company in a research report on Wednesday, July 6th.

A number of hedge funds have recently made changes to their positions in TASR. Teachers Advisors Inc. increased its stake in shares of Taser International by 4.8% in the second quarter. Teachers Advisors Inc. now owns 83,442 shares of the company’s stock valued at $2,076,000 after buying an additional 3,786 shares during the last quarter. United Services Automobile Association increased its stake in shares of Taser International by 11.8% in the second quarter. United Services Automobile Association now owns 32,663 shares of the company’s stock valued at $813,000 after buying an additional 3,448 shares during the last quarter. Cortina Asset Management LLC bought a new stake in shares of Taser International during the second quarter valued at $6,813,000. HighPoint Advisor Group LLC increased its stake in shares of Taser International by 7.8% in the second quarter. HighPoint Advisor Group LLC now owns 10,668 shares of the company’s stock valued at $306,000 after buying an additional 768 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Taser International by 24.1% in the second quarter. Ameriprise Financial Inc. now owns 312,964 shares of the company’s stock valued at $7,787,000 after buying an additional 60,845 shares during the last quarter. Hedge funds and other institutional investors own 71.54% of the company’s stock.

Shares of Taser International (NASDAQ:TASR) traded down 1.81% during mid-day trading on Tuesday, hitting $23.85. 1,860,826 shares of the stock traded hands. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 95.40 and a beta of 0.33. The firm’s 50-day moving average is $27.51 and its 200-day moving average is $23.88. Taser International has a 52 week low of $13.56 and a 52 week high of $30.15.

Taser International (NASDAQ:TASR) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.03. The firm earned $58.80 million during the quarter, compared to the consensus estimate of $54.25 million. Taser International had a return on equity of 9.25% and a net margin of 6.22%. The company’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same quarter last year, the company posted $0.11 EPS. On average, analysts forecast that Taser International will post $0.27 earnings per share for the current year.

Taser International Company Profile

TASER International, Inc is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) designed for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. The Company is also engaged in development of connected wearable on-officer cameras, which utilize its cloud-based digital evidence management solution (Axon solution).

5 Day Chart for NASDAQ:TASR

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