Taser International Inc. (NASDAQ:TASR) shares traded down 3% during trading on Tuesday . The stock traded as low as $26.39 and last traded at $26.84, with a volume of 1,390,866 shares changing hands. The stock had previously closed at $27.66.

Several research analysts have commented on the stock. Oppenheimer Holdings Inc. reissued a “market perform” rating on shares of Taser International in a report on Tuesday. CL King raised shares of Taser International from a “neutral” rating to a “buy” rating and set a $32.00 price objective for the company in a report on Wednesday, July 6th. Zacks Investment Research downgraded shares of Taser International from a “buy” rating to a “hold” rating in a report on Saturday, July 2nd. Ladenburg Thalmann reaffirmed a “buy” rating and set a $28.00 price objective on shares of Taser International in a report on Friday, July 1st. Finally, Dougherty & Co reaffirmed a “buy” rating and set a $23.00 price objective on shares of Taser International in a report on Thursday, June 23rd. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $27.63.

The firm has a 50 day moving average of $23.76 and a 200-day moving average of $19.34. The firm has a market capitalization of $1.44 billion and a price-to-earnings ratio of 94.21.

Taser International (NASDAQ:TASR) last announced its earnings results on Wednesday, May 4th. The company reported $0.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.03. The business had revenue of $55.50 million for the quarter, compared to analysts’ expectations of $51.82 million. During the same period in the prior year, the company posted $0.13 earnings per share. The firm’s quarterly revenue was up 23.9% on a year-over-year basis. On average, analysts anticipate that Taser International Inc. will post $0.28 EPS for the current fiscal year.

Several hedge funds have recently made changes to their positions in TASR. California State Teachers Retirement System boosted its stake 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 during the period. Rhumbline Advisers boosted its stake 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 during the period. Finally, New York State Common Retirement Fund boosted its stake 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 during the period.

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).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.