Head to Head Analysis: Axon Enterprise (AXON) versus Its Rivals

Axon Enterprise (NASDAQ:AXON – Get Free Report) is one of 229 publicly-traded companies in the “Aerospace & Defense” industry, but how does it weigh in compared to its competitors? We will compare Axon Enterprise to similar companies based on the strength of its earnings, risk, valuation, dividends, profitability, institutional ownership and analyst recommendations.

Institutional & Insider Ownership

79.1% of Axon Enterprise shares are owned by institutional investors. Comparatively, 49.5% of shares of all “Aerospace & Defense” companies are owned by institutional investors. 4.2% of Axon Enterprise shares are owned by company insiders. Comparatively, 11.9% of shares of all “Aerospace & Defense” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Volatility and Risk

Axon Enterprise has a beta of 1.44, suggesting that its stock price is 44% more volatile than the S&P 500. Comparatively, Axon Enterprise’s competitors have a beta of 1.45, suggesting that their average stock price is 45% more volatile than the S&P 500.

Valuation & Earnings

This table compares Axon Enterprise and its competitors top-line revenue, earnings per share and valuation.

Axon Enterprise’s competitors have higher revenue and earnings than Axon Enterprise. Axon Enterprise is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Axon Enterprise and its competitors’ net margins, return on equity and return on assets.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Axon Enterprise and its competitors, as reported by MarketBeat.com.

Axon Enterprise currently has a consensus price target of $688.38, indicating a potential upside of 61.61%. As a group, “Aerospace & Defense” companies have a potential upside of 27.44%. Given Axon Enterprise’s stronger consensus rating and higher probable upside, equities analysts clearly believe Axon Enterprise is more favorable than its competitors.

Summary

Axon Enterprise beats its competitors on 9 of the 13 factors compared.

About Axon Enterprise

(Get Free Report)

Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, Software and Sensors, and TASER. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence. Its products include axon officer safety plan; taser 10, taser7, taser X26P, taser X2, taser 7 CQ, and civilian series; cameras, such as axon body, axon flex, axon fleet, axon air, axon signal sidearm, axon signal vehicle, axon interview, and axon interview portable kit; software, including axon records, evidence, standards, commander, performance, auto-transcribe, justice, investigate, respond, and justice, my90, and redaction assistant; mobile applications, and training services, as well as hardware extended warranties; and Axon docks, cartridges, and batteries. The company sells its products through its direct sales, distribution partners, online store, and third-party resellers. Axon Enterprise, Inc. has a strategic partnership with Fusus, Inc. to expand bility to aggregate live video, data, and sensor feeds. It serves law enforcement, federal, correction, fire, EMS, campus, justice healthcare, retail, private security, and personal safety industries. The company was formerly known as TASER International, Inc. and changed its name to Axon Enterprise, Inc. in April 2017. Axon Enterprise, Inc. was incorporated in 1993 and is headquartered in Scottsdale, Arizona.

Receive News & Ratings for Axon Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axon Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.