On Tuesday, Axon Enterprise Inc (NASDAQ: AXON) was -0.88% drop from the session before settling in for the closing price of $437.98. A 52-week range for AXON has been $199.29 – $440.89.
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Annual sales at Industrials sector company grew by 30.13% over the past five years. When this article was written, the company’s average yearly earnings per share was at 16.49%. With a float of $71.65 million, this company’s outstanding shares have now reached $75.30 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Axon Enterprise Inc stocks. The insider ownership of Axon Enterprise Inc is 5.20%, while institutional ownership is 80.55%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 16.49% 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
You can see what Axon Enterprise Inc (AXON) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 18.12. Likewise, its price to free cash flow for the trailing twelve months is 160.61.
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)
Axon Enterprise Inc (NASDAQ: AXON) saw its 5-day average volume 0.45 million, a negative change from its year-to-date volume of 0.52 million. As of the previous 9 days, the stock’s Stochastic %D was 90.51%. Additionally, its Average True Range was 8.96.
During the past 100 days, Axon Enterprise Inc’s (AXON) raw stochastic average was set at 95.96%, which indicates a significant increase from 87.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.25% in the past 14 days, which was lower than the 36.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $382.84, while its 200-day Moving Average is $313.66. Nevertheless, the first resistance level for the watch stands at $439.92 in the near term. At $445.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $453.40. If the price goes on to break the first support level at $426.44, it is likely to go to the next support level at $418.77. The third support level lies at $412.97 if the price breaches the second support level.
Axon Enterprise Inc (NASDAQ: AXON) Key Stats
There are 75,467K outstanding shares of the company, which has a market capitalization of 32.81 billion. As of now, sales total 1,563 M while income totals 174,230 K. Its latest quarter income was 504,100 K while its last quarter net income were 40,800 K.
