Taser Manufacturer Axon Enterprises Is STRONG BUY For ValuEngine


For today’s bulletin, we take a look at Axon Enterprises $AAXN and provide a link to download a copy of our latest stock report on the banking giant.

VALUATION WATCH: Overvalued stocks now make up 37.7% of our stocks assigned a valuation and 14.4% of those equities are calculated to be overvalued by 20% or more. Six sectors are calculated to be overvalued.

 

 

Axon Enterprise, Inc. (AAXN) engages in the development, manufacture and sale of conducted electrical weapons for the law enforcement, federal, military, corrections, private security and personal defense markets. Its operating segment consists of TASER Weapons and Axon segments. TASER Weapons segment involves in the sale of conducted electrical weapons, accessories and other products and services. Axon segment focuses on devices, wearables, applications, cloud and mobile products. Axon Enterprise Inc., formerly known as TASER International Inc., is headquartered in Scottsdale, AZ.

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VALUENGINE RECOMMENDATION: ValuEngine continues its STRONG BUY recommendation on AXON ENTERPRISE for 2018-10-30. Based on the information we have gathered and our resulting research, we feel that AXON ENTERPRISE has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Sharpe Ratio.

You can download a free copy of our summary report on Axon Enterprise, Inc. (AAXN) from the link below.

ValuEngine Forecast
Target
Price*
Expected
Return
1-Month 58.66 1.23%
3-Month 59.63 2.90%
6-Month 61.81 6.66%
1-Year 66.55 14.83%
2-Year 68.82 18.75%
3-Year 69.33 19.64%
Valuation & Rankings
Valuation 60.05% overvalued Valuation Rank(?) 4
1-M Forecast Return 1.23% 1-M Forecast Return Rank 100
12-M Return 153.39% Momentum Rank(?) 99
Sharpe Ratio 0.66 Sharpe Ratio Rank(?) 84
5-Y Avg Annual Return 30.52% 5-Y Avg Annual Rtn Rank 96
Volatility 46.56% Volatility Rank(?) 35
Expected EPS Growth -5.26% EPS Growth Rank(?) 16
Market Cap (billions) 3.04 Size Rank 76
Trailing P/E Ratio 101.67 Trailing P/E Rank(?) 32
Forward P/E Ratio 107.32 Forward P/E Ratio Rank 3
PEG Ratio n/a PEG Ratio Rank n/a
Price/Sales 7.90 Price/Sales Rank(?) 13
Market/Book 7.54 Market/Book Rank(?) 18
Beta 1.01 Beta Rank 35
Alpha 0.96 Alpha Rank 98

 

DOWNLOAD A FREE SAMPLE OF OUR AXON ENTERPRISES (AAXN) REPORT BY CLICKING HERE

 

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Steve Hach
Senior Editor
ValuEngine.Com