NASDAQ:AAXNAxon Enterprise Stock Price, Forecast & News

$75.80

+1.69 (+2.28 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

$74.79

Now: $75.80▼

$76.79

50-Day Range

$61.51

MA: $74.08▼

$86.13

52-Week Range

$49.80

Now: $75.80▼

$90.10

Volume503,743 shs

Average Volume805,363 shs

Market Capitalization$4.53 billion

P/E RatioN/A

Dividend YieldN/A

Beta0.73

Axon Enterprise, Inc. develops, manufactures, and sells conducted energy weapons (CEWs) worldwide. The company operates through two segments, TASER and Software and Sensors. It offers TASER X26P, TASER X2, TASER 7, and TASER Pulse and Bolt CEWs; and related cartridges. The company also provides on-officer body cameras and Axon Fleet in-car video systems; and Axon Evidence connected software network; Axon Records cloud-based records management system; Axon Signal enabled devices; and computer-aided dispatch software, as well as Axon docks, cartridges, and batteries. In addition, it offers Evidence.com, a cloud-based digital evidence management system; and provides hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence. Axon Enterprise, Inc. sells its products through its direct sales force, distribution partners, online store, and third-party resellers. The company was formerly known as TASER International, Inc. and changed its name to Axon Enterprise, Inc. in April 2017. Axon Enterprise, Inc. was founded in 1993 and is headquartered in Scottsdale, Arizona.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Axon Enterprise has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $83.83, Axon Enterprise has a potential upside of 10.6% from its current price of $75.80.
Amount of Analyst Coverage
Axon Enterprise has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Axon Enterprise has received 546 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Axon Enterprise has received 464 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Axon Enterprise has received 54.06% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Axon Enterprise and other stocks. Vote “Outperform” if you believe AAXN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AAXN will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Axon Enterprise does not currently pay a dividend.
Dividend Growth
Axon Enterprise does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Axon Enterprise insiders have sold 819.20% more of their company's stock than they have bought. Specifically, they have bought $1,109,400.00 in company stock and sold $10,197,595.00 in company stock.
Percentage Held by Insiders
Only 1.90% of the stock of Axon Enterprise is held by insiders.
Percentage Held by Institutions
86.15% of the stock of Axon Enterprise is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Axon Enterprise are expected to grow in the coming year, from ($0.02) to $0.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Axon Enterprise is -2,526.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Axon Enterprise is -2,526.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Axon Enterprise has a P/B Ratio of 8.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.52 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Ordnance & accessories, except vehicles & guided missiles

Sub-IndustryAerospace & Defense

SectorIndustrial Products

Current SymbolNASDAQ:AAXN

Previous Symbol

CUSIP87651B10

CIK1069183

Webwww.axon.com

Phone480-991-0797

Debt

Debt-to-Equity RatioN/A

Current Ratio3.17

Quick Ratio2.93

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$530.86 million

Price / Sales8.54

Cash Flow$0.21 per share

Price / Cash Flow359.21

Book Value$9.16 per share

Price / Book8.28

Profitability

EPS (Most Recent Fiscal Year)$0.01

Net Income$880,000.00

Net Margins-0.26%

Return on Equity-0.28%

Return on Assets-0.18%

Miscellaneous

Employees1,916

Outstanding Shares59,825,000

Market Cap$4.53 billion

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Axon Enterprise (NASDAQ:AAXN) Frequently Asked Questions

How has Axon Enterprise's stock been impacted by COVID-19 (Coronavirus)?

Axon Enterprise's stock was trading at $60.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AAXN stock has increased by 25.4% and is now trading at $75.80. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Axon Enterprise?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axon Enterprise in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Axon Enterprise.

When is Axon Enterprise's next earnings date?

Axon Enterprise is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Axon Enterprise.

How were Axon Enterprise's earnings last quarter?

Axon Enterprise Inc (NASDAQ:AAXN) posted its earnings results on Thursday, May, 7th. The industrial products company reported $0.40 EPS for the quarter, beating the consensus estimate of ($0.11) by $0.51. The industrial products company earned $147.16 million during the quarter, compared to analyst estimates of $131.92 million. Axon Enterprise had a negative return on equity of 0.28% and a negative net margin of 0.26%. Axon Enterprise's quarterly revenue was up 27.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.21 EPS. View Axon Enterprise's earnings history.

What guidance has Axon Enterprise issued on next quarter's earnings?

Axon Enterprise updated its FY 2020 After-Hours earnings guidance on Thursday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $615-625 million, compared to the consensus revenue estimate of $588.06 million.

What price target have analysts set for AAXN?

8 equities research analysts have issued 12-month price targets for Axon Enterprise's stock. Their forecasts range from $57.00 to $102.00. On average, they expect Axon Enterprise's share price to reach $83.83 in the next year. This suggests a possible upside of 10.6% from the stock's current price. View analysts' price targets for Axon Enterprise.

Has Axon Enterprise been receiving favorable news coverage?

Press coverage about AAXN stock has trended very positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Axon Enterprise earned a coverage optimism score of 3.7 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutAxon Enterprise.

Are investors shorting Axon Enterprise?

Axon Enterprise saw a increase in short interest in May. As of May 15th, there was short interest totaling 5,310,000 shares, an increase of 12.7% from the April 30th total of 4,710,000 shares. Based on an average daily trading volume, of 834,000 shares, the days-to-cover ratio is currently 6.4 days. Approximately 9.1% of the company's stock are short sold. View Axon Enterprise's Current Options Chain.

Who are some of Axon Enterprise's key competitors?

Some companies that are related to Axon Enterprise include Lockheed Martin (LMT), Honeywell International (HON), Boeing (BA), Northrop Grumman (NOC), United Technologies (UTX), General Dynamics (GD), TransDigm Group (TDG), Teledyne Technologies (TDY), Heico (HEI), Huntington Ingalls Industries (HII), Textron (TXT), Curtiss-Wright (CW), Aerojet Rocketdyne (AJRD), Hexcel (HXL) and Spirit AeroSystems (SPR). View all competitors.

What other stocks do shareholders of Axon Enterprise own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Axon Enterprise investors own include NVIDIA (NVDA), Alibaba Group (BABA), Ollie's Bargain Outlet (OLLI), Micron Technology (MU), Square (SQ), Paypal (PYPL), Walt Disney (DIS), Twilio (TWLO), salesforce.com (CRM) and Cisco Systems (CSCO).

Who are Axon Enterprise's key executives?

Axon Enterprise's management team includes the following people:

Mr. Patrick W. Smith, Co-Founder, CEO & Director (Age 48)
Mr. Luke S. Larson, Pres (Age 38)
Mr. Jawad A. Ahsan, Chief Financial Officer (Age 40)
Mr. Douglas E. Klint, Corp. Sec. (Age 68)
Mr. Joshua M. Isner, Chief Revenue Officer (Age 33)

What is Axon Enterprise's stock symbol?

Axon Enterprise trades on the NASDAQ under the ticker symbol "AAXN."

Who are Axon Enterprise's major shareholders?

Axon Enterprise's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.33%), Baillie Gifford & Co. (6.99%), Wellington Management Group LLP (5.78%), State Street Corp (4.76%), Alliancebernstein L.P. (3.41%) and Janus Henderson Group PLC (2.35%). Company insiders that own Axon Enterprise stock include Douglas E Klint, Hadi Partovi, Jawad A Ahsan, Jeffrey C Kunins, Joshua Isner, Julie A Cullivan, Luke Larson, Mark W Kroll, Matthew R Mcbrady, Michael Garnreiter, Patrick W Smith and Richard H Carmona. View institutional ownership trends for Axon Enterprise.

Which major investors are selling Axon Enterprise stock?

AAXN stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Janus Henderson Group PLC, Alliancebernstein L.P., BlackRock Inc., Ranger Investment Management L.P., UBS Group AG, Wells Fargo & Company MN, and Villere ST Denis J & Co. LLC. Company insiders that have sold Axon Enterprise company stock in the last year include Jawad A Ahsan, Jeffrey C Kunins, Joshua Isner, Julie A Cullivan, Luke Larson, Mark W Kroll, Matthew R Mcbrady, Michael Garnreiter, Patrick W Smith, and Richard H Carmona. View insider buying and selling activity for Axon Enterprise.

Which major investors are buying Axon Enterprise stock?

AAXN stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Granahan Investment Management Inc. MA, JPMorgan Chase & Co., Deutsche Bank AG, Polar Asset Management Partners Inc., Driehaus Capital Management LLC, and Geode Capital Management LLC. Company insiders that have bought Axon Enterprise stock in the last two years include Hadi Partovi, and Jawad A Ahsan. View insider buying and selling activity for Axon Enterprise.

How do I buy shares of Axon Enterprise?

Shares of AAXN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Axon Enterprise's stock price today?

One share of AAXN stock can currently be purchased for approximately $75.80.

How big of a company is Axon Enterprise?

Axon Enterprise has a market capitalization of $4.53 billion and generates $530.86 million in revenue each year. The industrial products company earns $880,000.00 in net income (profit) each year or $0.01 on an earnings per share basis. Axon Enterprise employs 1,916 workers across the globe.

What is Axon Enterprise's official website?

The official website for Axon Enterprise is www.axon.com.

How can I contact Axon Enterprise?

Axon Enterprise's mailing address is 17800 NORTH 85TH STREET, SCOTTSDALE AZ, 85255. The industrial products company can be reached via phone at 480-991-0797 or via email at [email protected]

This page was last updated on 5/26/2020 by MarketBeat.com Staff