Headlines about Axon Enterprise (NASDAQ:AAXN) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Axon Enterprise earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 45.1585690732566 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have effected Accern’s analysis:

Shares of Axon Enterprise opened at $67.65 on Friday, Marketbeat.com reports. Axon Enterprise has a 1-year low of $20.57 and a 1-year high of $71.00. The company has a current ratio of 2.01, a quick ratio of 1.68 and a debt-to-equity ratio of 0.01. The firm has a market cap of $3.58 billion, a PE ratio of 250.56, a price-to-earnings-growth ratio of 4.92 and a beta of 0.88.

Axon Enterprise (NASDAQ:AAXN) last issued its quarterly earnings results on Tuesday, May 8th. The industrial products company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.20. Axon Enterprise had a return on equity of 13.07% and a net margin of 3.88%. The business had revenue of $101.20 million for the quarter, compared to the consensus estimate of $91.28 million. During the same quarter in the previous year, the company posted $0.07 earnings per share. Axon Enterprise’s revenue for the quarter was up 27.8% compared to the same quarter last year. equities research analysts anticipate that Axon Enterprise will post 0.55 EPS for the current year.

A number of equities analysts recently issued reports on the company. BidaskClub cut Axon Enterprise from a “strong-buy” rating to a “buy” rating in a report on Monday, June 18th. JPMorgan Chase & Co. cut Axon Enterprise from an “overweight” rating to a “neutral” rating and set a $66.00 target price on the stock. in a report on Thursday, June 7th. William Blair assumed coverage on Axon Enterprise in a report on Tuesday, May 29th. They issued an “outperform” rating on the stock. TheStreet upgraded Axon Enterprise from a “c” rating to a “b-” rating in a report on Tuesday, May 8th. Finally, Imperial Capital set a $50.00 target price on Axon Enterprise and gave the stock an “in-line” rating in a report on Wednesday, May 9th. Five equities research analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $49.14.

In other news, CEO Patrick W. Smith sold 300,000 shares of Axon Enterprise stock in a transaction on Wednesday, May 16th. The stock was sold at an average price of $53.00, for a total transaction of $15,900,000.00. Following the transaction, the chief executive officer now owns 862,684 shares in the company, valued at $45,722,252. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.90% of the company’s stock.

Axon Enterprise Company Profile

Axon Enterprise, Inc develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. The company operates through two segments, TASER Weapons, and Software and Sensors. It offers TASER X26P and TASER X2 smart weapons for law enforcement; consumer CEWs; and replacement cartridges and consumables, as well as performance power magazines.

Insider Buying and Selling by Quarter for Axon Enterprise (NASDAQ:AAXN)

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