More about Axon Enterprise, Inc.
Regulatory Filings for Axon Enterprise, Inc.
Fundamentals for Axon Enterprise, Inc.
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Fundamentals for Axon Enterprise, Inc.
Business Operations:
Sector: IndustrialsIndustry: Aerospace & Defense
Axon Enterprise, Inc. provides public safety technology solutions in the United States and internationally. The company operates in two segments, Software and Services, and Connected Devices. The Software and Services segment develops, manufactures, and sells cloud-based software-as-a-service solutions to capture, store, manage, share, and analyze video and other digital evidence. This segment also offers Axon Evidence, Draft One, Axon Records, Axon Standards, Axon Fusus, Axon Assistant, and others. The Connected Devices segment engages in the development, manufacture, and sale of integrated hardware solutions, such as conducted energy devices under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, accessories, extended warranties, and related hardware products, as well as virtual reality training hardware. The company serves first responders across international, federal, state, and local governments, international governmental entities, commercial enterprises, and consumers through direct sales, distribution partners, and third-party resellers. 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.
Revenue projections:
Axon Enterprise, Inc. is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
| currentRatio | 2.52600 |
|---|---|
| forwardPE | 37.89845 |
| debtToEquity | 59.10700 |
| earningsGrowth | -0.98000 |
| revenueGrowth | 0.38500 |
| grossMargins | 0.59823 |
| operatingMargins | -0.03063 |
| trailingEps | 1.52000 |
| forwardEps | 10.56877 |
AXON's current ratio being 2.526 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
Axon Enterprise, Inc.'s low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
AXON's negative gross and operating margins suggest that the company is currently unprofitable, both in terms of production and overall operations. This could reflect rising costs or declining revenues, posing challenges for future profitability.
Axon Enterprise, Inc.'s forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in Axon Enterprise, Inc.'s earnings potential, with forecasts indicating better financial performance than in the prior year.
Price projections:
The current valuation of AXON, concerning its projections, presents no apparent risks or opportunities. This neutral outlook may lead investors to adopt a cautious approach as they await further insights into the company's performance.
Insider Transactions:
36 separate sales of AXON shares were executed, with the market price hovering at 661.3916642930773.1 transactions to buy AXON took place, with market price at 765.52001953125 per share.Insider activity within the company doesn't point to any consistent trend, making it difficult to forecast the firm's direction based on these transactions.
Recommendation changes over time:
Analysts' recent buy bias toward AXON suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see AXON as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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