The stock of TASER International, Inc. (NASDAQ:TASR) is a huge mover today! About 8.05M shares traded hands or 804.60% up from the average. TASER International, Inc. (NASDAQ:TASR) has risen 47.63% since February 29, 2016 and is uptrending. It has outperformed by 35.41% the S&P500.
The move comes after 9 months negative chart setup for the $1.25B company. It was reported on Oct, 4 by Barchart.com. We have $22.71 PT which if reached, will make NASDAQ:TASR worth $87.50 million less.
Analysts await TASER International, Inc. (NASDAQ:TASR) to report earnings on November, 1. They expect $0.04 EPS, up 33.33% or $0.01 from last year’s $0.03 per share. TASR’s profit will be $2.05 million for 152.63 P/E if the $0.04 EPS becomes a reality. After $0.07 actual EPS reported by TASER International, Inc. for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.
TASER International, Inc. (NASDAQ:TASR) Ratings Coverage
Out of 4 analysts covering TASER International (NASDAQ:TASR), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. TASER International has been the topic of 6 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating given on Wednesday, August 5 by Zacks. On Wednesday, January 6 the stock rating was upgraded by JP Morgan to “Overweight”. The stock has “Buy” rating given by CL King on Wednesday, July 6. Sidoti initiated the shares of TASR in a report on Thursday, September 24 with “Buy” rating. The company was upgraded on Wednesday, November 18 by Ladenburg Thalmann.
According to Zacks Investment Research, “Taser International, Inc. develops, assembles and markets less-lethal, conducted energy weapons primarily for use in the law enforcement and corrections market. Its advanced Taser weapon offers improved performance over other less-lethal force options used by law enforcement agencies. It can temporarily incapacitate virtually any individual regardless of pain tolerance, drug use, or body size – factors that cause other less-lethal options to have decreased effectiveness. The advanced Taser also has a comparable or lower injury rate than other less-lethal weapons.”
Insitutional Activity: The institutional sentiment decreased to 0.97 in 2016 Q2. Its down 0.01, from 0.98 in 2016Q1. The ratio fall, as 24 funds sold all TASER International, Inc. shares owned while 52 reduced positions. 24 funds bought stakes while 50 increased positions. They now own 37.15 million shares or 0.18% more from 37.09 million shares in 2016Q1.
Moreover, Bessemer Grp Incorporated has 0% invested in TASER International, Inc. (NASDAQ:TASR) for 48 shares. Winslow Evans And Crocker owns 2,000 shares or 0% of their US portfolio. Fincl Architects owns 300 shares or 0% of their US portfolio. Jnba Financial accumulated 250 shares or 0% of the stock. Arrowpoint Asset Lc reported 137,493 shares or 0.07% of all its holdings. Creative Planning accumulated 0% or 8,788 shares. Cordasco Network holds 700 shares or 0.02% of its portfolio. Texas Permanent School Fund has invested 0.01% of its portfolio in TASER International, Inc. (NASDAQ:TASR). Cetera Advisor Netwr Ltd Company last reported 12,564 shares in the company. Pinebridge Limited Partnership holds 0.01% or 6,561 shares in its portfolio. Moreover, Oppenheimer And Inc has 0.02% invested in TASER International, Inc. (NASDAQ:TASR) for 21,265 shares. Bnp Paribas Arbitrage Sa has invested 0% of its portfolio in TASER International, Inc. (NASDAQ:TASR). The New York-based Renaissance Techs has invested 0% in TASER International, Inc. (NASDAQ:TASR). Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in the company for 1,259 shares. Parallax Volatility Advisers Limited Partnership last reported 43 shares in the company.
More notable recent TASER International, Inc. (NASDAQ:TASR) news were published by: Fool.com which released: “Why Shares of TASER International, Inc. Plunged 13% Today” on October 03, 2016, also Schaeffersresearch.com with their article: “Analyst Downgrades: Fitbit Inc, Gilead Sciences, Inc., and TASER International …” published on October 03, 2016, Fool.com published: “TASER International, Inc.’s Biggest Win in 2016 So Far” on September 21, 2016. More interesting news about TASER International, Inc. (NASDAQ:TASR) were released by: Fool.com and their article: “TASER International Inc. in 3 Charts” published on September 14, 2016 as well as Fool.com‘s news article titled: “TASER International, Inc.’s Worst Moves in 2016 So Far” with publication date: September 02, 2016.
TASR Company Profile
TASER International, Inc., incorporated on January, 5, 2001, is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) designed for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. The Firm is also engaged in development of connected wearable on-officer cameras, which utilize its cloud digital evidence management solution (Axon solution). The Firm operates through two divisions: the sale of CEWs, accessories, and other services and products (the TASER Weapons segment), and the Axon business, focused on wearables, cloud and mobile products, including Axon video products, TASER Cam and Evidence.com (the Axon segment).
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