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.
A number of analysts gave price targets for TASR. The most optimistic analyst gave a price target of 36, implying potential capital gains of 60 percent. The lowest price target was 25, implying potential capital losses of 11.11 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates downwards for this quarter, by about -38.89 percent on average, compared to last month. That number becomes -70.14 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -12.44 percent. If we look at the last 90 days instead, we find a net average change of -17.75 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
TASR has an estimated earnings growth rate of 20.82 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. TASR has a PEG ratio of 3.34.
TASR has traded between a high of 30.15 and a low of 17.18 over the past year. Currently the stock is 30.97 percent higher than its low, and 25.37 percent below the high. TASR has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.