How Does TASER International, Inc. (TASR) Stack Up Right Now?

TASER International, Inc. (NASDAQ:TASR) is an interesting player in the Industrial Goods space, with a focus on Aerospace/Defense Products & Services. The stock has been active on the tape, currently trading at $25.23, up from yesterday’s close by 3.91%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Money managers are always interested in a company that can find the right recipe of fundamental data because it reflects something important going on underneath the surface. TASER International, Inc. (TASR) currently trades with a market capitalization of $1.32B. That value represents a market adjusting for revenues that have been growing by 42.70% on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For TASR, the company currently has $96.22M of cash on the books, which is offset by $2.74M current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $43.90M over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of 0.11 on a per share basis this quarter. Perhaps, that suggests something about why 79.10% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, TASER International, Inc. recorded a 52-week high of 30.15. It is now trading 5.87 off that level. The stock is trading 25.32 its 50-day moving average by 1.04. The stock carved out a 52-week low down at 13.56.

In recent action, TASER International, Inc. (TASR) has made a move of +4.26% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 53.09, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 51.21M with 22.94% sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of TASR.

Previous articleChecking the Overall Picture for Air Products and Chemicals, Inc. (APD)
Next articleTaking a Fresh Look at Gigamon Inc. (GIMO)