News stories about Axon Enterprise (NASDAQ:AAXN) have been trending positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Axon Enterprise earned a coverage optimism score of 0.30 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.9521814538546 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Axon Enterprise (AAXN) Price Target Increased to $38.00 by Analysts at Imperial Capital (americanbankingnews.com)
- Axon Enterprise, Inc. (NASDAQ:AAXN) – An Eye on P/E Ratio of The Stock – Nasdaq Journal (nasdaqjournal.com)
- ARC Document Solutions (ARC) versus Axon Enterprise (AAXN) Financial Contrast (americanbankingnews.com)
- Axon Enterprise (AAXN) Rating Lowered to Neutral at CL King (americanbankingnews.com)
- Investors Recap on Axon Enterprise, Inc. (AAXN) – Wall Street Morning (wallstreetmorning.com)
AAXN stock opened at $38.36 on Wednesday. The company has a market capitalization of $2,013.71, a P/E ratio of 383.60, a PEG ratio of 3.96 and a beta of 0.88. Axon Enterprise has a 52-week low of $20.57 and a 52-week high of $40.49.
Axon Enterprise (NASDAQ:AAXN) last posted its earnings results on Tuesday, February 27th. The industrial products company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.21. The firm had revenue of $94.65 million during the quarter, compared to the consensus estimate of $87.88 million. Axon Enterprise had a return on equity of 8.17% and a net margin of 1.59%. equities analysts expect that Axon Enterprise will post 0.38 EPS for the current year.
A number of brokerages have issued reports on AAXN. Imperial Capital increased their price objective on shares of Axon Enterprise from $25.00 to $38.00 and gave the company a “line” rating in a report on Tuesday. CL King lowered shares of Axon Enterprise from a “buy” rating to a “neutral” rating in a report on Friday, March 16th. They noted that the move was a valuation call. BidaskClub lowered shares of Axon Enterprise from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 6th. Sidoti lowered shares of Axon Enterprise from a “buy” rating to a “neutral” rating and set a $40.00 price objective for the company. in a report on Monday, March 5th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised shares of Axon Enterprise from a “hold” rating to a “strong-buy” rating and set a $43.00 price objective for the company in a report on Friday, March 2nd. Four research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $38.00.
In related news, CRO Joshua Isner sold 9,301 shares of the firm’s stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $36.34, for a total value of $337,998.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Luke Larson sold 36,105 shares of the firm’s stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $36.62, for a total value of $1,322,165.10. The disclosure for this sale can be found here. 3.90% of the stock is currently owned by corporate insiders.
Axon Enterprise Company Profile
Axon Enterprise, Inc develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. The company operates through two segments, TASER Weapons, and Software and Sensors. It offers TASER X26P and TASER X2 smart weapons for law enforcement; consumer CEWs; and replacement cartridges and consumables, as well as performance power magazines.
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