Shares of Taser International Inc. (NASDAQ:TASR) rose 2.3% during trading on Tuesday . The stock traded as high as $29.68 and last traded at $29.42, with a volume of 1,010,891 shares traded. The stock had previously closed at $28.76.

TASR has been the topic of several research reports. Zacks Investment Research raised shares of Taser International from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. CL King raised shares of Taser International from a “neutral” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Wednesday, July 6th. Ladenburg Thalmann reissued a “buy” rating and issued a $28.00 price target on shares of Taser International in a research report on Friday, July 1st. Oppenheimer Holdings Inc. reissued a “market perform” rating on shares of Taser International in a research report on Tuesday, July 12th. Finally, Dougherty & Co reissued a “buy” rating and issued a $23.00 price target 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 presently has a consensus rating of “Buy” and a consensus price target of $28.63.

The firm has a 50 day moving average price of $28.60 and a 200-day moving average price of $22.40. The stock has a market cap of $1.53 billion and a price-to-earnings ratio of 117.64.

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

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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