Analyst Ratings for TASER International, Inc. (TASR)Updated: 2017-04-03
Analysts covering TASER International, Inc. (NASDAQ:TASR) have given it a consensus rating of Overweight. About 30 days ago, TASR was issued an average rating of Overweight.
Of the 9 analysts covering the stock, 5 gave it a buy rating, 1 issued an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for TASR by the analysts covering the stock. The most optimistic price target was 36, which equates to a potential upside of 60 percent. The most pessimistic price target was 25, which equates to a potential downside of 11.11 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -38.89 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -70.14 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -12.44 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -17.75 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of TASR's earnings is estimated by analysts to be 20.82 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of TASR is 3.34.
TASR has a 52-week high of 30.15 and a 52-week low of 17.18. Today's price is 30.97 percent above the 52-week low, and 25.37 percent below the high. TASR has a P/E ratio of 69.53. Investors typically compare the P/E ratio to a company's peers in the industry. The TASR value stock report compares TASR to some of its peers using value stock charts. The stock has a market capitalization of $1.16 billion. TASR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.