Axon Enterprise Inc (AXON) is gearing up for another turning point as it hit the volume of 0.79 million

Axon Enterprise Inc (NASDAQ: AXON) kicked off on Tuesday, up 1.46% from the previous trading day, before settling in for the closing price of $420.83. Over the past 52 weeks, AXON has traded in a range of $199.29-$425.23.

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During the last 5-year period, the sales growth of Industrials Sector giant was 30.13%. While this was happening, its average annual earnings per share was recorded 16.41%. With a float of $71.64 million, this company’s outstanding shares have now reached $75.30 million.

Let’s determine the extent of company efficiency that accounts for 3330 employees. In terms of profitability, gross margin is 59.81%, operating margin of 8.17%, and the pretax margin is 18.86%.

Axon Enterprise Inc (AXON) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Axon Enterprise Inc is 5.20%, while institutional ownership is 80.58%. The most recent insider transaction that took place on Oct 03 ’24, was worth 1,926,545. In this transaction CHIEF EXECUTIVE OFFICER of this company sold 4,767 shares at a rate of $404.14, taking the stock ownership to the 2,925,060 shares. Before that another transaction happened on Oct 02 ’24, when Company’s CHIEF EXECUTIVE OFFICER sold 112,940 for $402.99, making the entire transaction worth $45,513,920. This insider now owns 2,929,827 shares in total.

Axon Enterprise Inc (AXON) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 16.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.91% during the next five years compared to 35.57% growth over the previous five years of trading.

Axon Enterprise Inc (NASDAQ: AXON) Trading Performance Indicators

Take a look at Axon Enterprise Inc’s (AXON) current performance indicators. Last quarter, stock had a quick ratio of 2.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 17.82. Likewise, its price to free cash flow for the trailing twelve months is 157.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.79, a number that is poised to hit 1.19 in the next quarter and is forecasted to reach 5.93 in one year’s time.

Technical Analysis of Axon Enterprise Inc (AXON)

Looking closely at Axon Enterprise Inc (NASDAQ: AXON), its last 5-days average volume was 0.72 million, which is a jump from its year-to-date volume of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 90.71%. Additionally, its Average True Range was 8.79.

During the past 100 days, Axon Enterprise Inc’s (AXON) raw stochastic average was set at 95.94%, which indicates a significant increase from 87.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.78% in the past 14 days, which was lower than the 37.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $369.14, while its 200-day Moving Average is $309.28. However, in the short run, Axon Enterprise Inc’s stock first resistance to watch stands at $433.48. Second resistance stands at $439.98. The third major resistance level sits at $446.47. If the price goes on to break the first support level at $420.49, it is likely to go to the next support level at $414.00. Should the price break the second support level, the third support level stands at $407.50.

Axon Enterprise Inc (NASDAQ: AXON) Key Stats

The company with the Market Capitalisation of 32.27 billion has total of 75,467K Shares Outstanding. Its annual sales at the moment are 1,563 M in contrast with the sum of 174,230 K annual income. Company’s last quarter sales were recorded 504,100 K and last quarter income was 40,800 K.