| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
AXON Overview
Axon Enterprise, Inc. develops, manufactures, and sells conducted energy weapons (CEWs) under the TASER brand in the United States and internationally.
Axon Enterprise Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$179.80 |
| 52 Week High | US$96.66 |
| 52 Week Low | US$212.37 |
| Beta | 0.49 |
| 1 Month Change | 0.028% |
| 3 Month Change | -0.41% |
| 1 Year Change | 76.40% |
| 3 Year Change | 221.65% |
| 5 Year Change | 703.40% |
| Change since IPO | 31,397.83% |
Recent News & Updates
Axon: Buy The Rich Valuation For Tomorrow
Axon is a pure play on the attractive secular trend of police reform. Axon has opportunities in new products, new markets, and its new businesses are more favorable. Axon will likely grow its addressable market with new products / use cases for existing products. Valuation is rich and presents an opportunity for the long-term growth investor that is tolerant of drawdowns.
Shareholder Returns
| AXON | US Aerospace & Defense | US Market | |
|---|---|---|---|
| 7D | -1.0% | 1.6% | 1.9% |
| 1Y | 76.4% | 33.4% | 33.4% |
Return vs Industry: AXON exceeded the US Aerospace & Defense industry which returned 31% over the past year.
Return vs Market: AXON exceeded the US Market which returned 30.3% over the past year.
Price Volatility
| AXON volatility | |
|---|---|
| AXON Beta | 0.49 |
| Industry Beta | 1.03 |
| Market Beta | 1 |
Stable Share Price: AXON is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: AXON's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 1,710 | Rick Smith | https://www.axon.com |
Axon Enterprise, Inc. develops, manufactures, and sells conducted energy weapons (CEWs) under the TASER brand in the United States and internationally. It operates through two segments, TASER and Software and Sensors. The company offers TASER X26P, TASER X2, TASER 7, and TASER Pulse CEWs; and related cartridges.
Axon Enterprise Fundamentals Summary
| AXON fundamental statistics | |
|---|---|
| Market Cap | US$11.81b |
| Earnings (TTM) | -US$70.07m |
| Revenue (TTM) | US$806.40m |
14.6x
P/S Ratio-168.5x
P/E RatioIs AXON overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AXON income statement (TTM) | |
|---|---|
| Revenue | US$806.40m |
| Cost of Revenue | US$305.57m |
| Gross Profit | US$500.83m |
| Expenses | US$570.90m |
| Earnings | -US$70.07m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.07 |
| Gross Margin | 62.11% |
| Net Profit Margin | -8.69% |
| Debt/Equity Ratio | 0% |
How did AXON perform over the long term?
See historical performance and comparisonValuation
Is Axon Enterprise undervalued compared to its fair value and its price relative to the market?
10.76x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: AXON ($179.8) is trading above our estimate of fair value ($62.37)
Significantly Below Fair Value: AXON is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AXON is unprofitable, so we can't compare its PE Ratio to the US Aerospace & Defense industry average.
PE vs Market: AXON 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 AXON's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AXON is overvalued based on its PB Ratio (10.8x) compared to the US Aerospace & Defense industry average (3.1x).
Future Growth
How is Axon Enterprise forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
132.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AXON is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: AXON is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AXON's is expected to become profitable in the next 3 years.
Revenue vs Market: AXON's revenue (13.5% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: AXON's revenue (13.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AXON's Return on Equity is forecast to be low in 3 years time (11.7%).
Past Performance
How has Axon Enterprise performed over the past 5 years?
-59.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXON is currently unprofitable.
Growing Profit Margin: AXON is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AXON is unprofitable, and losses have increased over the past 5 years at a rate of 59.8% per year.
Accelerating Growth: Unable to compare AXON's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AXON is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (1.8%).
Return on Equity
High ROE: AXON has a negative Return on Equity (-6.38%), as it is currently unprofitable.
Financial Health
How is Axon Enterprise's financial position?
Financial Position Analysis
Short Term Liabilities: AXON's short term assets ($1.1B) exceed its short term liabilities ($272.9M).
Long Term Liabilities: AXON's short term assets ($1.1B) exceed its long term liabilities ($156.3M).
Debt to Equity History and Analysis
Debt Level: AXON is debt free.
Reducing Debt: AXON has no debt compared to 5 years ago when its debt to equity ratio was 1.1%.
Debt Coverage: AXON has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AXON has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Axon Enterprise current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AXON'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 AXON's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXON'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 AXON'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?
3.8yrs
Average management tenure
CEO
Rick Smith (50 yo)
28.75yrs
Tenure
US$2,559,392
Compensation
Mr. Patrick W. Smith, also known as Rick, co-founded Axon Enterprise, Inc. (formerly TASER International) in September 1993 and has been its Chief Executive Officer since 1993. He served as Director at Axo...
CEO Compensation Analysis
Compensation vs Market: Rick's total compensation ($USD2.56M) is below average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Rick's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: AXON's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: AXON's board of directors are seasoned and experienced ( 10.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AXON 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 3.5%.
Top Shareholders
Company Information
Axon Enterprise, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Axon Enterprise, Inc.
- Ticker: AXON
- Exchange: NasdaqGS
- Founded: 1993
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$11.808b
- Shares outstanding: 65.68m
- Website: https://www.axon.com
Number of Employees
Location
- Axon Enterprise, Inc.
- 17800 North 85th Street
- Scottsdale
- Arizona
- 85255
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 23:16 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.