Take a Closer Look at Established Security Solutions Provider Axon Enterprise, and Consider Investing!
February 14, 2023
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Axon Enterprise ($NASDAQ:AXON), Inc., formerly known as TASER International, Inc., is an established provider of security solutions that deals in the manufacture and sale of conducted electrical weapons and other related products. The company has been at the forefront of developing technology to help law enforcement agencies around the world improve their effectiveness and safety. Axon Enterprise has recently seen a surge in its stock prices, making this an ideal time for potential investors to take a closer look. Axon Enterprise offers a wide range of products, including body cameras, drones, software, and cloud-based systems. In addition to their hardware, Axon Enterprise also provides training programs and support services to help law enforcement agencies better utilize their technology. Axon Enterprise has a long history of success in the security solutions industry. They have had numerous contracts with governments and law enforcement agencies around the world, and their stock has been steadily increasing for the past few years.
Additionally, Axon Enterprise has recently partnered with Microsoft Corporation to offer cloud-based software systems for law enforcement agencies that use their technology. This could lead to even more growth for the company as cloud computing continues to become more popular. For potential investors looking for an established security solutions provider, Axon Enterprise could be an excellent choice. The company has a proven history of success, a wide range of products, and strong partnerships with other tech giants. The recent surge in the company’s stock prices also suggests investing now could be a wise decision.
Stock Price
On Thursday, AXON ENTERPRISE stock opened at $187.0 and closed at $183.8, down by 0.6% from prior closing price of 185.0. This slight dip could present an opportunity for savvy investors to get in on the ground floor with this established player in the security solutions industry. Axon Enterprise, Inc. provides a number of safety solutions ranging from body cameras to evidence management software. Their products are designed to protect the public by providing police departments and other law enforcement agencies with the tools they need to increase accountability and transparency. They also offer consulting services such as training and policy guidance.
This comprehensive suite of solutions establishes AXON ENTERPRISE as a major player in the security solutions industry and provides customers with a single source for their security needs. The established track record of AXON ENTERPRISE and its comprehensive offering of security solutions make it an attractive option for potential investors. As the industry continues to grow, AXON ENTERPRISE could be a great investment opportunity. With their wide range of products and services, they are well-positioned to capitalize on any growth in the industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Axon Enterprise. More…
| Total Revenues | Net Income | Net Margin |
| 1.07k | 104.46 | 9.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Axon Enterprise. More…
| Operations | Investing | Financing |
| 117.17 | -142.86 | -99.74 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Axon Enterprise. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.01k | 779.12 | 17.31 |
Key Ratios Snapshot
Some of the financial key ratios for Axon Enterprise are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.3% | 63.5% | 4.1% |
| FCF Margin | ROE | ROA |
| 5.5% | 2.2% | 1.4% |
Analysis
GoodWhale’s analysis of AXON ENTERPRISE‘s financials reveals a high health score of 9/10 in both cashflows and debt, suggesting the company is well-positioned to sustain its operations in the event of a crisis. The company is particularly strong in asset and growth, as well as profitability, but weak in dividend. Classified as a ‘gorilla’, AXON ENTERPRISE stands out as a high performer due to its strong competitive advantage, providing it with stable and high revenue or earning growth. This type of company is likely to attract investors who are looking for reliable returns on their investments and those who are willing to take the long-term approach. Investors focused on dividends may not be as interested in this particular company. The company’s performance and reputation also make it an attractive choice for larger investors looking for a secure asset to add to their portfolio. With its high health score and established reputation, AXON ENTERPRISE is likely to remain a viable investment for many years to come. More…
Peers
Its competitors include Shi Corp, Ultra Electronics Holdings PLC, and Shenzhen TVT Digital Technology Co Ltd.
– Shi Corp ($OTCPK:SHCC)
Shi Corp is a publicly traded company with a market capitalization of 1.39k as of 2022. The company has a Return on Equity of -0.64%. Shi Corp is engaged in the business of providing technology solutions and services. The company’s products and services include enterprise software, cloud computing, big data, and analytics.
– Ultra Electronics Holdings PLC ($SZSE:002835)
Shenzhen TVT Digital Technology Co Ltd has a market cap of 2.64B as of 2022, a Return on Equity of 8.41%. The company operates in the field of digital technology, providing products and services related to digital television, set-top boxes, and other digital products and services. It is headquartered in Shenzhen, China.
Summary
Axon Enterprise Inc. is a leading provider of safety, security, and connected technologies, such as body-worn cameras, incident reporting software, and evidence management systems. The company has an established market presence and a long track record of success in the industry. Its products are widely used by law enforcement, the military, and other organizations to promote safety and security. Analyzing the company’s potential as an investment opportunity reveals a strong financial portfolio with healthy profits, a growing customer base, and innovative products that are well-positioned to capitalize on an expanding industry.
The company also offers shareholders a competitive dividend yield and has a history of consistent growth. With its solid financials, compelling products, and impressive customer list, Axon Enterprise is an attractive investment opportunity for savvy investors.
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