TASER International (TASER): Stock Falls by 6.9% – Tale of the Tape

Zacks

TASER International Inc. (TASR) saw a big move last session, as the company’s shares fell by nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for TASR, as the stock is now down nearly 16% since Jun 10.

The conducted electrical weapons developer has seen a flat track record when it comes to current year estimate revisions over the past 30 days, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

TASR currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the Protection Safety industry may consider better-ranked stocks like Net 1 Ueps Technologies Inc. (UEPS) and Brady Corp. (BRC). While Net 1 Ueps holds a Zacks Rank #1 (Strong Buy), Brady carries a Zacks Rank #2 (Buy). Another better-placed stock in the broader Defense Equipment sector is Curtiss-Wright Corporation (CW). The stock carries a Zacks Rank #2.

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