TASER International, Inc. (AAXN) Releases Quarterly Earnings Results, Meets Estimates

TASER International, Inc. (NASDAQ:AAXN) posted its quarterly earnings results on Tuesday, August 8th. The industrial products company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04, Briefing.com reports. TASER International had a net margin of 5.45% and a return on equity of 10.47%. The business had revenue of $79.64 million during the quarter, compared to the consensus estimate of $74.46 million. During the same quarter last year, the firm posted $0.07 EPS. TASER International’s revenue was up 35.5% compared to the same quarter last year.

TASER International (AAXN) traded up 2.75% during trading on Friday, reaching $22.07. 1,041,968 shares of the company’s stock were exchanged. TASER International has a 12 month low of $21.18 and a 12 month high of $29.68. The stock has a market cap of $1.16 billion, a PE ratio of 68.97 and a beta of 0.96. The firm has a 50 day moving average of $24.50 and a 200-day moving average of $24.45.

Several analysts recently issued reports on the stock. ValuEngine raised shares of TASER International from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research downgraded shares of TASER International from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Finally, Craig Hallum lifted their price target on shares of TASER International from $29.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, May 10th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $27.33.

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TASER International Company Profile

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.

Earnings History for TASER International (NASDAQ:AAXN)

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