Shares of Taser International Inc. (NASDAQ:TASR) were down 1.9% during trading on Monday . The company traded as low as $28.63 and last traded at $28.69, with a volume of 785,919 shares. The stock had previously closed at $29.26.

A number of analysts have recently commented on TASR shares. Zacks Investment Research upgraded Taser International from a “sell” rating to a “hold” rating in a research report on Thursday. CL King upgraded Taser International from a “neutral” rating to a “buy” rating and set a $32.00 target price on the stock in a research report on Wednesday, July 6th. Ladenburg Thalmann reiterated a “buy” rating and set a $28.00 target price on shares of Taser International in a research report on Friday, July 1st. Oppenheimer Holdings Inc. reiterated a “market perform” rating on shares of Taser International in a research report on Tuesday, July 12th. Finally, Dougherty & Co reiterated a “buy” rating and set a $23.00 target price on shares of Taser International in a research report on Thursday, June 23rd. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $28.63.

The company has a market cap of $1.51 billion and a PE ratio of 114.96. The stock has a 50-day moving average price of $26.72 and a 200-day moving average price of $20.92.

Taser International (NASDAQ:TASR) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.03. The firm earned $58.80 million during the quarter, compared to analysts’ expectations of $54.25 million. During the same period in the previous year, the company earned $0.11 earnings per share. The business’s quarterly revenue was up 25.9% on a year-over-year basis. On average, equities research analysts expect that Taser International Inc. will post $0.27 EPS for the current year.

A number of institutional investors have recently bought and sold shares of TASR. New York State Common Retirement Fund boosted 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 worth $8,614,000 after buying an additional 5,500 shares during the last quarter. Rhumbline Advisers boosted its position in 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 last quarter. Finally, California State Teachers Retirement System boosted 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 worth $1,713,000 after buying an additional 1,551 shares during 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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