Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $601.06 in the prior trading day, Axon Enterprise Inc (NASDAQ: AXON) closed at $570.71, down -5.05%. In other words, the price has decreased by -$5.05 from its previous closing price. On the day, 1.61 million shares were traded. AXON stock price reached its highest trading level at $605.815 during the session, while it also had its lowest trading level at $543.475.
Ratios:
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 37.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 199.16. For the most recent quarter (mrq), Quick Ratio is recorded 2.63 and its Current Ratio is at 2.96. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on December 03, 2024, Upgraded its rating to Overweight and sets its target price to $700 from $500 previously.
On September 12, 2024, JMP Securities reiterated its Mkt Outperform rating and also lowered its target price recommendation from $375 to $430.
On July 17, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $385.Jefferies initiated its Buy rating on July 17, 2024, with a $385 target price.
Insider Transactions:
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 Jan 02 ’25 when Kalinowski Caitlin Elizabeth sold 450 shares for $604.07 per share. The transaction valued at 271,832 led to the insider holds 6,929 shares of the business.
CAITLIN KALINOWSKI bought 450 shares of AXON for $267,444 on Jan 02 ’25. On Dec 23 ’24, another insider, Kunins Jeffrey C, who serves as the CPO & CTO of the company, sold 1,035 shares for $624.47 each. As a result, the insider received 646,329 and left with 124,243 shares of the company.
Valuation Measures:
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 45833723904 and an Enterprise Value of 43092500480. As of this moment, Axon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 147.79, and their Forward P/E ratio for the next fiscal year is 90.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.59 while its Price-to-Book (P/B) ratio in mrq is 20.68. Its current Enterprise Value per Revenue stands at 22.207 whereas that against EBITDA is 235.195.
Stock Price History:
The Beta on a monthly basis for AXON is 1.04, which has changed by 1.4129264 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, AXON has reached a high of $698.67, while it has fallen to a 52-week low of $241.72. The 50-Day Moving Average of the stock is -2.55%, while the 200-Day Moving Average is calculated to be 43.87%.
Shares Statistics:
The stock has traded on average 874.27K shares per day over the past 3-months and 1226450 shares per day over the last 10 days, according to various share statistics. A total of 76.08M shares are outstanding, with a floating share count of 72.49M. Insiders hold about 4.94% of the company’s shares, while institutions hold 80.50% stake in the company. Shares short for AXON as of 1734048000 were 2241491 with a Short Ratio of 2.56, compared to 1731628800 on 2576351. Therefore, it implies a Short% of Shares Outstanding of 2241491 and a Short% of Float of 4.0.
