TASER International’s (AAXN) “Hold” Rating Reaffirmed at Oppenheimer Holdings, Inc.
Several other equities analysts also recently weighed in on AAXN. Zacks Investment Research downgraded shares of TASER International from a buy rating to a hold rating in a report on Thursday, November 9th. ValuEngine upgraded shares of TASER International from a sell rating to a hold rating in a report on Friday, September 1st. Finally, Dougherty & Co cut their price target on shares of TASER International from $36.00 to $33.00 and set a buy rating on the stock in a report on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $28.50.
TASER International (NASDAQ AAXN) traded up $0.74 on Friday, hitting $23.13. 1,136,098 shares of the stock traded hands, compared to its average volume of 800,565. TASER International has a 12-month low of $20.57 and a 12-month high of $28.49. The firm has a market capitalization of $1,180.00, a P/E ratio of 89.17, a P/E/G ratio of 4.08 and a beta of 1.17.
TASER International (NASDAQ:AAXN) last posted its quarterly earnings data on Tuesday, November 7th. The industrial products company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). TASER International had a net margin of 4.32% and a return on equity of 7.91%. The company had revenue of $90.26 million for the quarter, compared to analyst estimates of $82.89 million. During the same quarter last year, the company earned $0.07 EPS. The business’s revenue was up 25.6% compared to the same quarter last year. sell-side analysts forecast that TASER International will post 0.21 earnings per share for the current fiscal year.
Several large investors have recently made changes to their positions in the company. FMR LLC purchased a new position in shares of TASER International during the 2nd quarter valued at approximately $198,826,000. BlackRock Inc. purchased a new position in shares of TASER International during the 2nd quarter valued at approximately $189,870,000. Vanguard Group Inc. purchased a new position in shares of TASER International during the 2nd quarter valued at approximately $92,258,000. Villere ST Denis J & Co. LLC purchased a new position in shares of TASER International during the 2nd quarter valued at approximately $87,861,000. Finally, Abdiel Capital Advisors LP purchased a new position in shares of TASER International during the 2nd quarter valued at approximately $73,860,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.
About TASER International
Axon Enterprise, Inc, formerly TASER International, Inc, is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. It is also engaged in development of connected wearable on-officer cameras.
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