Shares of Taser International Inc. (NASDAQ:TASR) reached a new 52-week high on Monday . The company traded as high as $29.58 and last traded at $29.09, with a volume of 452,097 shares traded. The stock had previously closed at $28.96.

A number of analysts recently weighed in on TASR shares. Vetr upgraded shares of Taser International from a “buy” rating to a “strong-buy” rating and set a $21.24 target price on the stock in a research note on Monday, April 18th. Zacks Investment Research lowered shares of Taser International from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th. Dougherty & Co upped their target price on shares of Taser International from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Thursday, May 5th. Ladenburg Thalmann restated a “buy” rating and set a $24.00 target price on shares of Taser International in a research note on Friday, May 6th. Finally, Oppenheimer Holdings Inc. restated a “market perform” rating on shares of Taser International in a research note on Monday, May 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the stock. Taser International currently has an average rating of “Buy” and a consensus target price of $27.63.

The stock has a market capitalization of $1.53 billion and a price-to-earnings ratio of 100.48. The firm’s 50 day moving average is $25.66 and its 200-day moving average is $20.28.

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

Several institutional investors have recently added to or reduced their stakes in TASR. New York State Common Retirement Fund raised its position in 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 valued at $8,614,000 after buying an additional 5,500 shares in the last quarter. Rhumbline Advisers raised its position in Taser International by 7.6% in the fourth quarter. Rhumbline Advisers now owns 70,888 shares of the company’s stock valued at $1,226,000 after buying an additional 5,005 shares during the period. Finally, California State Teachers Retirement System raised its position in Taser International by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 99,070 shares of the company’s stock valued at $1,713,000 after buying an additional 1,551 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).

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