After finishing at $192.81 in the prior trading day, Axon Enterprise Inc. (NASDAQ: AXON) closed at $193.96, up 0.60%. In other words, the price has increased by $+1.15 from its previous closing price. On the day, 809570 shares were traded. AXON stock price reached its highest trading level at $194.52 during the session, while it also had its lowest trading level at $189.63.
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Our goal is to gain a better understanding of AXON by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 167.80. For the most recent quarter (mrq), Quick Ratio is recorded 3.00 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.48.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 25 when Partovi Hadi bought 10,000 shares for $190.75 per share. The transaction valued at 1,907,471 led to the insider holds 388,817 shares of the business.
Cullivan Julie A sold 2,013 shares of AXON for $397,729 on May 22. The Director now owns 7,062 shares after completing the transaction at $197.58 per share. On May 17, another insider, Partovi Hadi, who serves as the Director of the company, bought 10,000 shares for $200.02 each. As a result, the insider paid 2,000,198 and bolstered with 378,817 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AXON now has a Market Capitalization of 14.89B and an Enterprise Value of 14.50B. As of this moment, Axon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 103.01, and their Forward P/E ratio for the next fiscal year is 51.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.50 while its Price-to-Book (P/B) ratio in mrq is 10.04. Its current Enterprise Value per Revenue stands at 11.36 whereas that against EBITDA is 122.94.
Stock Price History:
Over the past 52 weeks, AXON has reached a high of $229.95, while it has fallen to a 52-week low of $83.01. The 50-Day Moving Average of the stock is 215.04, while the 200-Day Moving Average is calculated to be 174.59.
The stock has traded on average 1.16M shares per day over the past 3-months and 845.63k shares per day over the last 10 days, according to various share statistics. A total of 72.64M shares are outstanding, with a floating share count of 67.42M. Insiders hold about 1.20% of the company’s shares, while institutions hold 79.20% stake in the company. Shares short for AXON as of Apr 27, 2023 were 1.79M with a Short Ratio of 1.93M, compared to 2.18M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.42% and a Short% of Float of 2.89%.
Its stock is currently analyzed by 12 different market analysts. On average, analysts expect EPS of $0.63 for the current quarter, with a high estimate of $0.75 and a low estimate of $0.37, while EPS last year was $0.44. The consensus estimate for the next quarter is $0.75, with high estimates of $0.93 and low estimates of $0.48.
Analysts are recommending an EPS of between $3.41 and $2.97 for the fiscal current year, implying an average EPS of $3.14. EPS for the following year is $3.74, with 12 analysts recommending between $4.09 and $3.2.
11 analysts predict $350.53M in revenue for the current quarter. It ranges from a high estimate of $364.06M to a low estimate of $336.56M. As of the current estimate, Axon Enterprise Inc.’s year-ago sales were $285.61M, an estimated increase of 22.70% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $373.23M, an increase of 19.70% less than the figure of $22.70% in the same quarter last year. There is a high estimate of $387.17M for the next quarter, whereas the lowest estimate is $361.94M.
A total of 12 analysts have provided revenue estimates for AXON’s current fiscal year. The highest revenue estimate was $1.49B, while the lowest revenue estimate was $1.45B, resulting in an average revenue estimate of $1.46B. In the same quarter a year ago, actual revenue was $1.19B, up 22.70% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $1.74B in the next fiscal year. The high estimate is $1.8B and the low estimate is $1.7B. The average revenue growth estimate for next year is up 19.40% from the average revenue estimate for this year.