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The closing price of Axon Enterprise Inc (NASDAQ: AXON) was $689.78 for the day, up 0.35% from the previous closing price of $687.39. In other words, the price has increased by $0.35 from its previous closing price. On the day, 0.73 million shares were traded. AXON stock price reached its highest trading level at $695.94 during the session, while it also had its lowest trading level at $677.4.
Ratios:
Our analysis of AXON’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 45.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 238.88. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 04 ’24 when Cullivan Julie A sold 1,261 shares for $682.06 per share. The transaction valued at 860,077 led to the insider holds 2,392 shares of the business.
Kunins Jeffrey C sold 2,304 shares of AXON for $1,508,628 on Dec 03 ’24. The CPO & CTO now owns 128,542 shares after completing the transaction at $654.79 per share. On Dec 04 ’24, another insider, Kunins Jeffrey C, who serves as the CPO & CTO of the company, sold 333 shares for $667.09 each. As a result, the insider received 222,141 and left with 128,209 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 52599037952 and an Enterprise Value of 52172156928. As of this moment, Axon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 178.63, and their Forward P/E ratio for the next fiscal year is 109.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 27.10 while its Price-to-Book (P/B) ratio in mrq is 24.99. Its current Enterprise Value per Revenue stands at 26.887 whereas that against EBITDA is 284.751.
Stock Price History:
Over the past 52 weeks, AXON has reached a high of $689.39, while it has fallen to a 52-week low of $229.02. The 50-Day Moving Average of the stock is 36.44%, while the 200-Day Moving Average is calculated to be 89.19%.
Shares Statistics:
AXON traded an average of 687.11K shares per day over the past three months and 835380 shares per day over the past ten days. A total of 76.08M shares are outstanding, with a floating share count of 72.39M. Insiders hold about 5.07% of the company’s shares, while institutions hold 80.49% stake in the company. Shares short for AXON as of 1731628800 were 2576351 with a Short Ratio of 3.75, compared to 1728950400 on 2461126. Therefore, it implies a Short% of Shares Outstanding of 2576351 and a Short% of Float of 4.6.
