NasdaqGS:AAXN

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Executive Summary

Axon Enterprise, Inc. develops, manufactures, and sells conducted energy weapons (CEWs) worldwide. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Axon Enterprise's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AAXN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: AAXN's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-1.7%

AAXN

-3.0%

US Aerospace & Defense

0.6%

US Market


1 Year Return

69.7%

AAXN

-23.5%

US Aerospace & Defense

22.7%

US Market

Return vs Industry: AAXN exceeded the US Aerospace & Defense industry which returned -24% over the past year.

Return vs Market: AAXN exceeded the US Market which returned 21% over the past year.


Shareholder returns

AAXNIndustryMarket
7 Day-1.7%-3.0%0.6%
30 Day26.7%17.2%13.1%
90 Day42.1%3.1%4.5%
1 Year69.7%69.7%-7.4%-23.5%25.5%22.7%
3 Year420.0%420.0%11.1%-11.4%49.0%39.1%
5 Year639.9%639.9%65.4%24.4%98.3%76.5%

Long-Term Price Volatility Vs. Market

How volatile is Axon Enterprise's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Axon Enterprise undervalued compared to its fair value and its price relative to the market?

8.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: AAXN ($125.26) is trading above our estimate of fair value ($87.62)

Significantly Below Fair Value: AAXN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AAXN is unprofitable, so we can't compare its PE Ratio to the US Aerospace & Defense industry average.

PE vs Market: AAXN is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AAXN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AAXN is overvalued based on its PB Ratio (8.9x) compared to the US Aerospace & Defense industry average (2.9x).


Next Steps

Future Growth

How is Axon Enterprise forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

119.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AAXN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: AAXN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AAXN's is expected to become profitable in the next 3 years.

Revenue vs Market: AAXN's revenue (15.6% per year) is forecast to grow faster than the US market (10.3% per year).

High Growth Revenue: AAXN's revenue (15.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AAXN's Return on Equity is forecast to be low in 3 years time (11.2%).


Next Steps

Past Performance

How has Axon Enterprise performed over the past 5 years?

-36.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AAXN is currently unprofitable.

Growing Profit Margin: AAXN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AAXN is unprofitable, and losses have increased over the past 5 years at a rate of 36% per year.

Accelerating Growth: Unable to compare AAXN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AAXN is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-1.9%).


Return on Equity

High ROE: AAXN has a negative Return on Equity (-4.46%), as it is currently unprofitable.


Next Steps

Financial Health

How is Axon Enterprise's financial position?


Financial Position Analysis

Short Term Liabilities: AAXN's short term assets ($875.9M) exceed its short term liabilities ($258.6M).

Long Term Liabilities: AAXN's short term assets ($875.9M) exceed its long term liabilities ($125.4M).


Debt to Equity History and Analysis

Debt Level: AAXN is debt free.

Reducing Debt: AAXN has no debt compared to 5 years ago when its debt to equity ratio was 0.08%.

Debt Coverage: AAXN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AAXN has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Axon Enterprise current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AAXN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AAXN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AAXN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AAXN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AAXN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Rick Smith (49 yo)

27.83yrs

Tenure

US$38,529

Compensation

Mr. Patrick W. Smith, also known as Rick, co-founded TASER International (now Axon Enterprise, Inc.) in September 1993. Mr. Smith is Chief Executive Officer and as a director of TASER since 1993. After gr...


CEO Compensation Analysis

Compensation vs Market: Rick's total compensation ($USD38.53K) is below average for companies of similar size in the US market ($USD6.90M).

Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Patrick Smith
Co-Founder27.83yrsUS$38.53k0.89%
$ 71.0m
Luke Larson
President5.58yrsUS$21.84m0.0015%
$ 123.8k
Jawad Ahsan
Chief Financial Officer3.58yrsUS$21.58m0.024%
$ 1.9m
Joshua Isner
Chief Revenue Officer2.83yrsUS$22.39mno data
Jeffrey Kunins
Chief Product Officer & Executive VP of Software1.17yrsUS$20.83m0.018%
$ 1.4m
Josh Goldman
Senior Vice President of Operations3.83yrsno datano data
Jenner Holden
Chief Information Security Officer2.83yrsno datano data
Andrea James
Vice President of Investor Relations & Corporate Strategy3.08yrsno datano data
Isaiah Fields
Corporate Secretary & General Counsel2.33yrsno datano data
Todd Basche
Executive Vice President of Worldwide Products4.08yrsno datano data
Jay Reitz
Senior Vice President of Softwareno datano datano data
Yasser Ibrahim
Senior Vice President of Artificial Intelligence0.67yrno datano data

3.1yrs

Average Tenure

41yo

Average Age

Experienced Management: AAXN's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Patrick Smith
Co-Founder27.83yrsUS$38.53k0.89%
$ 71.0m
Matthew McBrady
Independent Director4.08yrsUS$222.01k0.0043%
$ 347.5k
Michael Garnreiter
Independent Chairman of the Board8.75yrsUS$291.54k0.041%
$ 3.2m
Mark Kroll
Independent Director17.83yrsUS$307.84k0.022%
$ 1.8m
Hadi Partovi
Independent Director10.42yrsUS$223.01k0.45%
$ 36.1m
Arnette Heintze
Member of Senior Executive Advisory Boardno datano datano data
Terry Hillard
Member of The Senior Executive Advisory Boardno datano datano data
James Feigley
Member of Senior Executive Advisory Boardno datano datano data
Carroll Childers
Member of Senior Executive Advisory Boardno datano datano data
Don Cahill
Member of Senior Executive Advisory Boardno datano datano data
Gary Luck
Member of Senior Executive Advisory Boardno datano datano data
Richard Carmona
Independent Director13.67yrsUS$218.01k0.019%
$ 1.6m

12.0yrs

Average Tenure

68yo

Average Age

Experienced Board: AAXN's board of directors are seasoned and experienced ( 12 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AAXN insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.1%.


Top Shareholders

Company Information

Axon Enterprise, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Axon Enterprise, Inc.
  • Ticker: AAXN
  • Exchange: NasdaqGS
  • Founded: 1993
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: US$7.988b
  • Shares outstanding: 63.55m
  • Website: https://www.axon.com

Number of Employees


Location

  • Axon Enterprise, Inc.
  • 17800 North 85th Street
  • Scottsdale
  • Arizona
  • 85255
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AAXNNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 2001
TCSDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2001
0HKELSE (London Stock Exchange)YesCommon StockGBUSDJun 2001

Biography

Axon Enterprise, Inc. develops, manufactures, and sells conducted energy weapons (CEWs) worldwide. The company operates through two segments, TASER and Software and Sensors. It offers TASER X26P, TASER X2,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/01 23:05
End of Day Share Price2020/12/01 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.