TASER International, Inc. (NASDAQ:TASR):
Northern Territory Police Deploys 820 Axon Body Cameras on Evidence.com in Australia.
The company is up since yesterday’s close of $28.3.
The stock last traded at $28.41 which is marginally over $27.66, the stock’s 50 day moving average and just a bit higher than the 200 day moving average of $23.56. The 50 day moving average was up by +2.70% and the 200 day average went up by +20.59%.
The company currently has a P/E ratio of 113.64 and the market value is 1.48B. As of the last earnings report the EPS was $0.25 and is expected to be $0.27 for the current year with 52,193,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $0.08 and the next full year EPS is projected to be $0.44.
Investors are more bullish of late at least if you consider the fall in short interest. The firm recorded a fall in short interest of -0.01% as of the latest report on September 15, 2016. Short interest fell 118,183 over that period. Days to cover increased 2.0 to 11.7 and the short interest percentage is 0.17% as of September 15.
Several brokerage analysts have issued ratings on the stock of late. On July 6 the company was upgraded to “Buy” from “Neutral” in a report issued by CL King. On January 6, 2016 JP Morgan maintained a price objective of $25.00 but upgraded the company from Neutral to Overweight.
On January 6 the stock rating was upgraded from “Neutral” to “Overweight” and a price target of $25.00 was set by JP Morgan. On November 18 the company was upgraded to “Buy” from “Neutral” with a current price target of $24.00 by analysts at Ladenburg Thalmann.
On September 24, 2015 Sidoti & Co. added the stock to its research portfolio with an initial rating of “Buy” and establishing a price target of $35.00. Equity analyst CL King starting coverage on the stock setting a rating of “Neutral”.