TASER International (AAXN) Getting Somewhat Favorable Press Coverage, Report Finds
News articles about TASER International (NASDAQ:AAXN) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. TASER International earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 45.9224496574638 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- $88.90 Million in Sales Expected for TASER International, Inc. (AAXN) This Quarter (americanbankingnews.com)
- Digital Ally (DGLY) Says Federal Court Rejected Request of Axon Enterprise (AAXN) to Maintain Say of Patent Lawsuit … – StreetInsider.com (streetinsider.com)
- In time for holidays, TASER Self-Defense launches subscription box (finance.yahoo.com)
- Axon Enterprise, Inc. breached its 50 day moving average in a Bullish Manner : AAXN-US : November 20, 2017 (finance.yahoo.com)
- TASER International, Inc. (AAXN) Receives “Hold” Rating from Oppenheimer Holdings, Inc. (americanbankingnews.com)
AAXN has been the topic of several recent analyst reports. Zacks Investment Research lowered TASER International from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Dougherty & Co dropped their price target on TASER International from $36.00 to $33.00 and set a “buy” rating on the stock in a research report on Wednesday, November 8th. ValuEngine raised TASER International from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of TASER International in a research report on Friday, November 17th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $28.50.
Shares of TASER International (NASDAQ:AAXN) traded down $0.08 during mid-day trading on Wednesday, reaching $23.77. The company’s stock had a trading volume of 664,871 shares, compared to its average volume of 802,852. TASER International has a 12 month low of $20.57 and a 12 month high of $28.49. The firm has a market cap of $1,250.00, a price-to-earnings ratio of 98.38, a P/E/G ratio of 5.56 and a beta of 1.17.
TASER International (NASDAQ:AAXN) last issued its earnings results on Tuesday, November 7th. The industrial products company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). TASER International had a return on equity of 7.91% and a net margin of 4.32%. The firm had revenue of $90.26 million during the quarter, compared to analyst estimates of $82.89 million. During the same period in the previous year, the company earned $0.07 earnings per share. The business’s revenue for the quarter was up 25.6% on a year-over-year basis. sell-side analysts forecast that TASER International will post 0.17 earnings per share for the current year.
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.
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