TASER International, Inc. (NASDAQ:AAXN) had its price objective decreased by Dougherty & Co from $36.00 to $33.00 in a report published on Wednesday morning. Dougherty & Co currently has a buy rating on the industrial products company’s stock.

A number of other research firms have also recently commented on AAXN. Zacks Investment Research upgraded TASER International from a hold rating to a buy rating and set a $26.00 price objective for the company in a research report on Tuesday, October 31st. ValuEngine upgraded TASER International from a sell rating to a hold rating in a research report on Friday, September 1st. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $28.50.

Shares of TASER International (AAXN) traded down $0.37 during mid-day trading on Wednesday, hitting $21.16. The stock had a trading volume of 623,500 shares, compared to its average volume of 977,874. TASER International has a twelve month low of $20.57 and a twelve month high of $28.49. The stock has a market capitalization of $1,119.64, a PE ratio of 88.17, a P/E/G ratio of 3.56 and a beta of 1.17.

TASER International (NASDAQ:AAXN) last announced its quarterly earnings results on Tuesday, November 7th. The industrial products company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). TASER International had a net margin of 4.32% and a return on equity of 7.91%. The firm had revenue of $90.26 million during the quarter, compared to analysts’ expectations of $82.89 million. During the same quarter in the prior year, the business earned $0.07 EPS. The company’s quarterly revenue was up 25.6% compared to the same quarter last year. equities analysts expect that TASER International will post 0.24 earnings per share for the current fiscal year.

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A number of institutional investors have recently bought and sold shares of AAXN. PNC Financial Services Group Inc. purchased a new stake in TASER International during the 2nd quarter worth about $102,000. Parallel Advisors LLC increased its position in TASER International by 13.5% during the 2nd quarter. Parallel Advisors LLC now owns 4,200 shares of the industrial products company’s stock worth $103,000 after purchasing an additional 500 shares in the last quarter. Ameritas Investment Partners Inc. acquired a new stake in TASER International in the 2nd quarter worth about $113,000. SG Americas Securities LLC acquired a new stake in TASER International in the 2nd quarter worth about $118,000. Finally, FNY Partners Fund LP boosted its stake in TASER International by 25.0% in the 2nd quarter. FNY Partners Fund LP now owns 5,000 shares of the industrial products company’s stock worth $125,000 after buying an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 96.24% of the company’s stock.

TASER International Company Profile

Axon Enterprise, Inc, formerly TASER International, Inc, is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. It is also engaged in development of connected wearable on-officer cameras.

Analyst Recommendations for TASER International (NASDAQ:AAXN)

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