Axon Enterprise (AXON) Competitors

$301.56
+7.76 (+2.64%)
(As of 04/23/2024 ET)

AXON vs. TS, DOV, HUBB, IEX, AVY, PKG, CNHI, NDSN, GGG, and ZBRA

Should you be buying Axon Enterprise stock or one of its competitors? The main competitors of Axon Enterprise include Tenaris (TS), Dover (DOV), Hubbell (HUBB), IDEX (IEX), Avery Dennison (AVY), Packaging Co. of America (PKG), CNH Industrial (CNHI), Nordson (NDSN), Graco (GGG), and Zebra Technologies (ZBRA). These companies are all part of the "industrial products" sector.

Axon Enterprise vs.

Tenaris (NYSE:TS) and Axon Enterprise (NASDAQ:AXON) are both large-cap industrial products companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, dividends, community ranking, earnings, media sentiment and risk.

10.5% of Tenaris shares are owned by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are owned by institutional investors. 0.2% of Tenaris shares are owned by company insiders. Comparatively, 5.7% of Axon Enterprise shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Tenaris has a beta of 1.47, indicating that its stock price is 47% more volatile than the S&P 500. Comparatively, Axon Enterprise has a beta of 0.93, indicating that its stock price is 7% less volatile than the S&P 500.

In the previous week, Axon Enterprise had 4 more articles in the media than Tenaris. MarketBeat recorded 10 mentions for Axon Enterprise and 6 mentions for Tenaris. Tenaris' average media sentiment score of 1.17 beat Axon Enterprise's score of -0.32 indicating that Axon Enterprise is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tenaris
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Axon Enterprise
4 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Axon Enterprise received 18 more outperform votes than Tenaris when rated by MarketBeat users. Likewise, 63.83% of users gave Axon Enterprise an outperform vote while only 61.88% of users gave Tenaris an outperform vote.

CompanyUnderperformOutperform
TenarisOutperform Votes
409
61.88%
Underperform Votes
252
38.12%
Axon EnterpriseOutperform Votes
427
63.83%
Underperform Votes
242
36.17%

Tenaris presently has a consensus target price of $41.93, indicating a potential upside of 11.70%. Axon Enterprise has a consensus target price of $312.64, indicating a potential upside of 4.52%. Given Axon Enterprise's higher probable upside, equities analysts clearly believe Tenaris is more favorable than Axon Enterprise.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tenaris
1 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.67
Axon Enterprise
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.90

Tenaris has higher revenue and earnings than Axon Enterprise. Tenaris is trading at a lower price-to-earnings ratio than Axon Enterprise, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tenaris$14.87B1.49$3.92B$6.645.66
Axon Enterprise$1.56B14.50$174.23M$2.30130.57

Tenaris has a net margin of 26.35% compared to Tenaris' net margin of 11.14%. Axon Enterprise's return on equity of 24.33% beat Tenaris' return on equity.

Company Net Margins Return on Equity Return on Assets
Tenaris26.35% 24.33% 19.88%
Axon Enterprise 11.14%14.11%6.61%

Summary

Axon Enterprise beats Tenaris on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding AXON and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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AXON vs. The Competition

MetricAxon EnterpriseOrdnance & accessories, except vehicles & guided missiles IndustryIndustrial SectorNASDAQ Exchange
Market Cap$22.66B$3.03B$9.30B$7.47B
Dividend YieldN/A2.01%2.08%3.97%
P/E Ratio130.5721.5517.7816.65
Price / Sales14.504.228.9282.50
Price / Cash94.4823.5915.1827.23
Price / Book13.963.343.724.30
Net Income$174.23M$32.76M$467.27M$213.07M
7 Day PerformanceN/A4.04%1.57%0.67%
1 Month Performance-5.06%0.24%-2.89%-4.11%
1 Year Performance33.46%19.74%11.05%6.09%

Axon Enterprise Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TS
Tenaris
1.2537 of 5 stars
$38.05
-0.4%
$41.27
+8.5%
+32.0%$22.46B$14.87B5.7329,134Upcoming Earnings
DOV
Dover
4.4375 of 5 stars
$171.13
+0.3%
$173.88
+1.6%
+15.3%$23.51B$8.44B22.7625,000Upcoming Earnings
Analyst Revision
HUBB
Hubbell
2.8095 of 5 stars
$396.38
-1.5%
$383.57
-3.2%
+69.4%$21.26B$5.37B28.2118,317Upcoming Earnings
IEX
IDEX
4.3877 of 5 stars
$229.12
-0.6%
$238.00
+3.9%
+5.6%$17.34B$3.27B29.228,800Earnings Report
News Coverage
AVY
Avery Dennison
3.833 of 5 stars
$211.11
-0.1%
$221.00
+4.7%
+18.9%$17.00B$8.36B34.0035,000Upcoming Earnings
Analyst Upgrade
News Coverage
PKG
Packaging Co. of America
3.9011 of 5 stars
$179.53
-0.5%
$171.29
-4.6%
+25.2%$16.11B$7.80B21.1714,900Earnings Report
News Coverage
Gap Down
CNHI
CNH Industrial
3.5315 of 5 stars
$12.55
-1.2%
$15.20
+21.2%
-19.5%$15.76B$24.69B7.1740,220Analyst Report
News Coverage
NDSN
Nordson
3.7817 of 5 stars
$262.66
-0.2%
$278.00
+5.8%
+19.0%$15.02B$2.63B30.727,900Positive News
GGG
Graco
3.6781 of 5 stars
$89.03
-0.3%
$84.80
-4.8%
+24.3%$15.00B$2.20B30.284,000Upcoming Earnings
ZBRA
Zebra Technologies
3.0603 of 5 stars
$280.42
-0.9%
$278.64
-0.6%
-5.7%$14.41B$4.58B49.119,750Upcoming Earnings

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This page (NASDAQ:AXON) was last updated on 4/23/2024 by MarketBeat.com Staff

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