TASER International (AAXN) Receiving Somewhat Positive News Coverage, Study Finds

Media headlines about TASER International (NASDAQ:AAXN) have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TASER International earned a news impact score of 0.01 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 45.5949348218176 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media stories that may have effected Accern’s scoring:

TASER International (NASDAQ AAXN) opened at 22.07 on Friday. The firm has a market capitalization of $1.16 billion, a P/E ratio of 68.97 and a beta of 0.96. TASER International has a 1-year low of $21.18 and a 1-year high of $29.68. The company has a 50-day moving average price of $24.50 and a 200 day moving average price of $24.45.

TASER International (NASDAQ:AAXN) last posted its quarterly earnings results on Tuesday, August 8th. The industrial products company reported $0.04 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.04. The firm had revenue of $79.64 million for the quarter, compared to the consensus estimate of $74.46 million. TASER International had a return on equity of 10.47% and a net margin of 5.45%. The company’s revenue for the quarter was up 35.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.07 earnings per share. Analysts expect that TASER International will post $0.25 earnings per share for the current fiscal year.

A number of research analysts have recently issued reports on AAXN shares. Zacks Investment Research lowered TASER International from a “hold” rating to a “sell” rating in a research report on Tuesday, May 2nd. Craig Hallum increased their target price on TASER International from $29.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, May 10th. Finally, ValuEngine lowered TASER International from a “hold” rating to a “sell” rating in a research report on Thursday, May 18th. Five analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $27.33.

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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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