Taser International Inc. (NASDAQ:TASR) was up 2.7% during trading on Thursday . The stock traded as high as $25.79 and last traded at $25.73, with a volume of 401,562 shares. The stock had previously closed at $25.05.

Several equities research analysts recently commented on TASR shares. Dougherty & Co reaffirmed a “buy” rating and set a $21.00 target price on shares of Taser International in a research note on Tuesday, March 29th. Ladenburg Thalmann reaffirmed a “buy” rating and set a $24.00 target price on shares of Taser International in a research note on Friday, May 6th. Vetr cut Taser International from a “strong-buy” rating to a “buy” rating and set a $22.01 target price for the company. in a research note on Wednesday, May 11th. Zacks Investment Research raised Taser International from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research note on Thursday, June 30th. Finally, CL King upgraded Taser International from a “neutral” rating to a “buy” rating and set a $32.00 price target on the stock in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $27.63.

The company has a market cap of $1.36 billion and a P/E ratio of 88.86. The firm’s 50-day moving average price is $22.94 and its 200-day moving average price is $19.02.

Taser International (NASDAQ:TASR) last released its earnings results on Wednesday, May 4th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. The company earned $55.50 million during the quarter, compared to the consensus estimate of $51.82 million. The company’s revenue was up 23.9% on a year-over-year basis. During the same period last year, the firm posted $0.13 EPS. Equities research analysts forecast that Taser International Inc. will post $0.28 EPS for the current fiscal year.

A number of hedge funds and institutional investors have made changes to their positions in TASR. New York State Common Retirement Fund increased its position in shares of Taser International by 1.1% in the fourth quarter. New York State Common Retirement Fund now owns 498,217 shares of the company’s stock worth $8,614,000 after buying an additional 5,500 shares in the last quarter. California State Teachers Retirement System increased its position in shares of Taser International by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 99,070 shares of the company’s stock worth $1,713,000 after buying an additional 1,551 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Taser International by 7.6% in the fourth quarter. Rhumbline Advisers now owns 70,888 shares of the company’s stock worth $1,226,000 after buying an additional 5,005 shares in the last quarter.

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).

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