Why did Axon Enterprise stock fall 10% on Tuesday?
· Axon's drop today merely illustrates the volatility that comes with stocks. Consider that Axon's stock is still up over 40% in 2021, and there's not a real satisfying explanation for that much of a...
Why is axon's stock still up 40% in 2021?
· Shares of Axon Enterprise ( AXON -3.33%) tumbled in early trading Friday after the company on Thursday evening reported a sales beat but an earnings miss for the second quarter. Analysts had...
Did axon really earn $0 per share in earnings?
· So what. Revenue for the quarter was up 13.2% to $112.4 million, and net income fell from $8.5 million a year ago to $738,000, or $0.01 per share. The problem is, analysts were expecting $115 ...
How did axon's Q2 results maintain its GAAP loss?
· O n Tuesday, shares of biopharmaceutical company Axovant Sciences Ltd. AXON have crashed, and the stock is currently down over 70% to $6.72 per share in late-morning …
Is Axon stock a good buy?
Axon Enterprise has received a consensus rating of Buy. The company's average rating score is 3.11, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Will Axon stock go up?
The 10 analysts offering 12-month price forecasts for Axon Enterprise Inc have a median target of 151.50, with a high estimate of 223.00 and a low estimate of 120.00. The median estimate represents a +54.28% increase from the last price of 98.20.
Is Axon publicly traded?
Axon Enterprise, Inc's common stock is traded on the NASDAQ Global Market.
What is Axon Inc?
Axon Enterprise, Inc. is an American Scottsdale, Arizona-based company which develops technology and weapons products for military, law enforcement and civilians. Its initial product and former namesake is the Taser, a line of electroshock weapons.
Will Etsy stock go up?
Stock Price Forecast The 17 analysts offering 12-month price forecasts for ETSY Inc have a median target of 150.00, with a high estimate of 268.00 and a low estimate of 95.00. The median estimate represents a +71.53% increase from the last price of 87.45.
Is axon a good company?
Is Axon a good company to work for? Axon has an overall rating of 3.9 out of 5, based on over 392 reviews left anonymously by employees. 74% of employees would recommend working at Axon to a friend and 77% have a positive outlook for the business. This rating has improved by 3% over the last 12 months.
Who bought axon?
EVSEVS has bought the broadcast and media network infrastructure specialist Axon in a deal worth $11.5 million that includes 80 staff and its development centers in the Netherlands and the UK.
Who are axon's competitors?
Axon's top competitors include MSA Safety, CentralSquare, Digital Ally, Mark43, Getac Video Solutions and WatchGuard. Axon (formerly known as TASER International) is a company providing public safety products and software.
The Taser company missed on earnings in the second quarter -- and could miss again in the third
What happened
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
Now what
Shares of Axon Enterprise ( NASDAQ:AXON) tumbled in early trading Friday after the company on Thursday evening reported a sales beat but an earnings miss for the second quarter. Analysts had expected the maker of Taser stun guns and body cameras for police to report non-GAAP (i.e. pro forma) earnings of $0.16 per share on sales of $133.4 million.
What happened
Looking ahead, Axon noted that "total company quarterly bookings in Q2 2020 on contracts of five years or fewer," indicative of future revenue growth, were flat year over year. Management still expects to achieve 15% sales growth in Q3, slightly below analysts' previous consensus prediction.
So what
Shares of body camera and Taser company Axon Enterprise (NASDAQ: AAXN) fell as much as 18% in trading Friday after the company reported second-quarter 2019 results. At 3 p.m. EDT, shares were still down 12.4% on the day.
Now what
Revenue for the quarter was up 13.2% to $112.4 million, and net income fell from $8.5 million a year ago to $738,000, or $0.01 per share. The problem is, analysts were expecting $115 million of revenue and earnings of $0.16 per share, so you can see why the initial reaction was disappointment.
What is the NASDAQ symbol for Axon?
There are going to be hiccups with new products, and the ramp-up of Taser 7 isn't going as smoothly as investors might like. But the underlying demand is still strong, and with the Axon Body 3 camera and Axon Records on the horizon, there's no reason to think the steady growth will stop.
What is the official website of Axon?
Axon Enterprise trades on the NASDAQ under the ticker symbol "AXON."
What is Axon Enterprise's 2021 earnings?
The official website for Axon Enterprise is www.axovant.com.
What is Axon Enterprise?
Axon Enterprise updated its FY 2021 earnings guidance on Thursday, May, 27th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $780 million-$820 million, compared to the consensus revenue estimate of $760.61 million.
What is the P/E ratio of Axon?
Axon Enterprise, Inc. engages in the development, manufacturing, and sale of conducted electrical weapons for personal defense. It operates through the TASER Weapons and Software and Sensors segments. The TASER Weapons segment sells conducted electrical weapons, accessories, and other related products and services. The Software and Sensors segment includes devices, wearables, applications, cloud, and mobile products. The company was founded by Patrick W. Smith and Thomas P. Smith on September 7, 1993 and is headquartered in Scottsdale, AZ.
Is Axon Enterprise a buy?
The P/E ratio of Axon Enterprise is -442.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Does Axon pay dividends?
Axon Enterprise has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
What Happened to the Axon Stock Price Today?
Axon Enterprise does not currently pay a dividend.
Does It Matter?
Shares of law enforcement technology solutions provider Axon (NASDAQ: AXON) popped after the company reported blockbuster first-quarter numbers that breezed past expectations, and included above-consensus 2021 and 2022 guides. AXON stock was up more than 5% on the news.
