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

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

Shares of TASER International (NASDAQ:AAXN) traded up 2.75% during trading on Friday, hitting $22.07. The company had a trading volume of 1,041,968 shares. TASER International has a 52 week low of $21.18 and a 52 week high of $29.68. The company has a market capitalization of $1.16 billion, a P/E ratio of 68.97 and a beta of 0.96. The stock’s 50-day moving average price is $24.50 and its 200 day moving average price is $24.45.

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Several analysts have issued reports on AAXN shares. Zacks Investment Research raised TASER International from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. ValuEngine upgraded TASER International from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Craig Hallum boosted their price objective on TASER International from $29.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, May 10th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $27.33.

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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