Axon Enterprise, Inc. (NASDAQ:AXON – Get Free Report) has earned an average rating of “Moderate Buy” from the eleven analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $312.64.
A number of analysts have recently issued reports on the stock. The Goldman Sachs Group lifted their price objective on shares of Axon Enterprise from $297.00 to $339.00 and gave the stock a “buy” rating in a report on Wednesday, February 28th. Argus assumed coverage on shares of Axon Enterprise in a report on Wednesday, March 13th. They set a “buy” rating and a $380.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on shares of Axon Enterprise from $330.00 to $365.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. TheStreet downgraded shares of Axon Enterprise from a “b” rating to a “c+” rating in a report on Tuesday, February 27th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $400.00 price objective on shares of Axon Enterprise in a report on Wednesday.
Read Our Latest Stock Analysis on Axon Enterprise
Hedge Funds Weigh In On Axon Enterprise
Axon Enterprise Stock Up 0.3 %
AXON opened at $302.41 on Thursday. The company has a fifty day moving average price of $302.15 and a 200-day moving average price of $260.29. The firm has a market capitalization of $22.82 billion, a P/E ratio of 131.48 and a beta of 0.93. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.00 and a quick ratio of 2.66. Axon Enterprise has a one year low of $175.37 and a one year high of $329.87.
Axon Enterprise (NASDAQ:AXON – Get Free Report) last released its quarterly earnings results on Tuesday, February 27th. The biotechnology company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.29. The firm had revenue of $432.14 million during the quarter, compared to analyst estimates of $418.97 million. Axon Enterprise had a net margin of 11.14% and a return on equity of 14.11%. Equities research analysts expect that Axon Enterprise will post 2.44 earnings per share for the current fiscal year.
About Axon Enterprise
Axon Enterprise, Inc develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, Software and Sensors, and TASER. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.
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