Why TASER International, Inc. (NASDAQ:TASR) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $32.8000 on TASER International, Inc. (NASDAQ:TASR) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.2700 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of TASER International, Inc. (NASDAQ:TASR) stands at 117.3408.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For TASER International, Inc., the PEG ratio for coming 3-5 years is 3.5400.

Technical Analysis

The technical analysis highlights that TASER International, Inc. current is trading $2.3029 points away or +8.5191% from its 50-day moving average of $27.0323. Further it is trading $8.2676 or +39.2432% away its 200-day moving average of $21.0676.

The 52-week high of TASER International, Inc. (NASDAQ:TASR) was $30.1500 while lowest point recorded in 52-week was $13.5600. It implies if stock price makes a movement of over $-0.8148, it will record a new 52-week high. In the case of +116.3363% drop, it will touch a new 52-week low.

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