BidaskClub downgraded shares of TASER International (NASDAQ:AAXN) from a buy rating to a hold rating in a research report sent to investors on Tuesday.

AAXN has been the subject of a number of other research reports. Zacks Investment Research downgraded shares of TASER International from a hold rating to a sell rating in a report on Wednesday, November 15th. Dougherty & Co cut their price objective on shares of TASER International from $36.00 to $33.00 and set a buy rating for the company in a report on Wednesday, November 8th. ValuEngine raised shares of TASER International from a sell rating to a hold rating in a report on Friday, September 1st. Finally, Oppenheimer reaffirmed a hold rating on shares of TASER International in a report on Friday, November 17th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. TASER International presently has a consensus rating of Hold and a consensus price target of $28.50.

Shares of TASER International (AAXN) opened at $24.09 on Tuesday. The company has a market cap of $1,275.20, a PE ratio of 100.42, a P/E/G ratio of 5.67 and a beta of 1.19. TASER International has a twelve month low of $20.57 and a twelve month high of $28.44.

TASER International (NASDAQ:AAXN) last announced its earnings results on Tuesday, November 7th. The industrial products company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). The company had revenue of $90.26 million for the quarter, compared to the consensus estimate of $82.89 million. TASER International had a return on equity of 7.91% and a net margin of 4.32%. The business’s quarterly revenue was up 25.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.07 EPS. equities analysts predict that TASER International will post 0.17 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the stock. FMR LLC acquired a new position in TASER International in the 2nd quarter valued at approximately $198,826,000. BlackRock Inc. acquired a new position in TASER International in the 2nd quarter valued at approximately $189,870,000. Vanguard Group Inc. acquired a new position in TASER International in the 2nd quarter valued at approximately $92,258,000. Abdiel Capital Advisors LP acquired a new position in TASER International in the 2nd quarter valued at approximately $73,860,000. Finally, State Street Corp acquired a new position in TASER International in the 2nd quarter valued at approximately $57,884,000. Institutional investors and hedge funds own 95.76% of the company’s stock.

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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.

Analyst Recommendations for TASER International (NASDAQ:AAXN)

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