Axon Enterprise Inc. (AAXN): Spotlighting on The Keys fundamentals


Axon Enterprise Inc. (NASDAQ:AAXN) changes shares on Wednesday trading session, with a change of 3.50% or $3.13 shares. The trading starts at $90.00 and closed at $89.51 throughout the day. The trading session low price was $89.41 and day high was $93.12 on Wednesday, August 05. After the session, the Industrials sector daily volume shifted to 0.78 million while its average volume is 1.18M. In other hand, the AAXN market cap reached to $5.96B. While, its current target price is $95.89.

On April 22, 2020, Taser maker Axon fends off body camera patent case. According to the news reported on Reuters, Taser maker Axon Enterprise Inc (formerly Taser International Inc) on Wednesday prevailed in a patent infringement case relating to body camera technology brought by smaller rival Digital Ally Inc.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 9.13% and down -3.56% for month. Its quarterly performance was 40.09% above, while its half year performance is up 13.24%. AAXN yearly performance stood at positive 41.74% and rise 26.42% for year-to-date. Current recommendation for Axon Enterprise Inc. is 2.10.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AAXN EPS (TTM) for 12-month is -0.03. EPS for this year is -97.10%, while for the next year its value is 1.38. Its EPS Q/Q reached -37.20%. It has an EPS of -47.40% down for past five years and for the next five years will be up 30.00%.

Let’s take a look on the analyst recommendations on AAXN for the current month and previous month. For the current month, 7 of 13 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 5 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $71.00 – $120.00. Average target price for AAXN was reached at $99.10.

Blackrock Inc., Vanguard Group, Inc. (The) and Baillie Gifford and Company are the top three holders in Axon Enterprise Inc. (AAXN) stock. On Mar 30, 2020, Blackrock Inc. has 7.38 million shares which valued 522.12 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 5.65 million shares which valued at 399.64 million. On Mar 30, 2020, Baillie Gifford and Company has a total of 4.18 million shares which valued at 295.75 million. In the end, Baillie Gifford and Company have 6.99% shares outstanding of Axon Enterprise Inc. (AAXN) on Mar 30, 2020. The insider ownership moved to 1.90% and institutional holding shifted to 84.00%.

The company posted an EPS (TTM) of -0.03. According to the most recent quarter report on (Jun 2020), 11 analysts estimated an average EPS of 0.16, while 0.14 EPS posted a year ago period. Analyst Estimated EPS for AAXN published in the report was $0.09 – $0.23 during the same period. Comparing with last year, the average estimated EPS was 0.14 which is lower than 0.4 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AAXN rise 21.21% for period of 200 days. SMA for 50 days was 1.11% which is showing green signal, while SMA-20 was 3.10%. The moving average value for Axon Enterprise Inc. (AAXN) is 4.53M and 5.65% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AAXN stock. On Aug 03, GARNREITER MICHAEL, Director, sold 500 trading shares at the cost of $85.00, which valued at 42500.0. On Jul 21, Cullivan Julie A, Director, sold 840 shares at the cost of $93.13, with total shares of 8,418. On Jul 01, GARNREITER MICHAEL, Director, sold 500 shares at the cost of 98.64. After this transaction, GARNREITER MICHAEL total shares reached to 32,650 which valued at 49320.0.