Balance Sheet Breakdown: Axon Enterprise Inc (AXON)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $311.86 in the prior trading day, Axon Enterprise Inc (NASDAQ: AXON) closed at $309.09, down -0.89%. In other words, the price has decreased by -$0.89 from its previous closing price. On the day, 0.65 million shares were traded. AXON stock price reached its highest trading level at $313.6299 during the session, while it also had its lowest trading level at $307.8.


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 21.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 143.68. For the most recent quarter (mrq), Quick Ratio is recorded 2.55 and its Current Ratio is at 2.91. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.39.

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 this company, Needham on April 10, 2024, Reiterated its Buy rating but revised its target price to $400 from $315 previously.

On March 13, 2024, Argus started tracking the stock assigning a Buy rating and target price of $380.

On August 22, 2023, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $230.Morgan Stanley initiated its Equal-Weight rating on August 22, 2023, with a $230 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 ’24 when Isner Joshua sold 35,400 shares for $251.68 per share. The transaction valued at 8,909,327 led to the insider holds 309,564 shares of the business.

Kunins Jeffrey C sold 2,722 shares of AXON for $699,410 on Dec 19 ’23. The CPO & CTO now owns 226,083 shares after completing the transaction at $256.95 per share. On Dec 19 ’23, another insider, Isner Joshua, who serves as the PRESIDENT of the company, sold 2,562 shares for $257.13 each. As a result, the insider received 658,778 and left with 344,964 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 23548145664 and an Enterprise Value of 22982428672. As of this moment, Axon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 90.30, and their Forward P/E ratio for the next fiscal year is 53.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.87 while its Price-to-Book (P/B) ratio in mrq is 12.83. Its current Enterprise Value per Revenue stands at 13.671 whereas that against EBITDA is 118.299.

Stock Price History:

Over the past 52 weeks, AXON has reached a high of $329.87, while it has fallen to a 52-week low of $175.37. The 50-Day Moving Average of the stock is -0.53%, while the 200-Day Moving Average is calculated to be 25.30%.

Shares Statistics:

The stock has traded on average 523.55K shares per day over the past 3-months and 524850 shares per day over the last 10 days, according to various share statistics. A total of 75.30M shares are outstanding, with a floating share count of 71.36M. Insiders hold about 5.43% of the company’s shares, while institutions hold 79.43% stake in the company. Shares short for AXON as of 1713139200 were 2267209 with a Short Ratio of 4.33, compared to 1710460800 on 2462765. Therefore, it implies a Short% of Shares Outstanding of 2267209 and a Short% of Float of 4.099999700000001.

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