TASER International (TASR) was Reiterated by Imperial Capital to “In-line” while Lowering the Price Target of the company shares to $ 25 from a previous price target of $27 . Imperial Capital advised their Clients and Investors in a research report released on Mar 3, 2017.
Based on several research reports , Shares were Reiterated by Imperial Capital on Mar 3, 2017 to “In-line” and Lowered the Price Target to $ 25 from a previous price target of $27 .Shares were Reiterated by Imperial Capital on Mar 3, 2017 to “In-line” and Lowered the Price Target to $ 25 from a previous price target of $27 .
On the company’s financial health, TASER International reported $0.12 EPS for the quarter, based on the information available during the earnings call on Feb 28, 2017. Analyst had a consensus estimate of $0.12. The company had revenue of $82.10 million for the quarter, compared to analysts expectations of $71.46 million. The company’s revenue was up 46.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 EPS.
Several company insiders have filed Insider transactions , on Nov 18, 2016, Joshua Isner (EVP Global Sales) sold 2,914 shares at $27.76 per share price. According to the SEC, on Nov 18, 2016, Luke Larson (President) sold 8,367 shares at $27.68 per share price. On Nov 18, 2016, Daniel Marc Behrendt (Chief Financial Officer) sold 9,118 shares at $27.76 per share price, according to the Form-4 filing with the securities and exchange commission.
TASER International opened for trading at $25.67 and hit $26.23 on the upside on Monday, eventually ending the session at $26.08, with a gain of 1.78% or 0.455 points. The heightened volatility saw the trading volume jump to 10,97,630 shares. Company has a market cap of $1,364 M.
TASER International Inc. is engaged in development manufacture and sale of conducted electrical weapons (CEW) designed for use in law enforcement military corrections private security and personal defense. The Company is engaged in developing devices with technology to incapacitate dangerous combative or high-risk subjects who pose a risk to law enforcement officers innocent citizens or themselves in a manner that is generally recognized as a safer alternative to other uses of force. The Company operates through two segments: the sale of CEWs accessories and other products and services and the video business. The CEWs Products segment makes CEWs that use it Neuro Muscular Incapacitation (NMI) effects for two main types of market segments: the law enforcement military corrections and professional security markets; and the consumer market. The Video business includes the TASER Cam AXON Video products and EVIDENCE.com.