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TASER International (TASR) in Focus: Stock Jumps 9.4%

TASER International Inc.TASR was a big mover last session, as the company saw its shares rise over 9% on the day. The upside came on its rating upgrade by Ladenburg Thalmann to "buy" from "neutral". This led to solid volume too with far more shares changing hands than in a normal session. Yesterday's rally reverses the recent trend for the company as the stock is now down 26% in the past one-month time frame.

In the last 30 days, the company witnessed four negative estimate revisions and the Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher can last.

TASER International currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

A better-ranked stock in the broader Aerospace/Defense Products & Services space is Leidos Holdings, Inc. LDOS , which sports a Zacks Rank #1 (Strong Buy).

Is TASR going up? Or down? Predict to see what others think: Up or Down

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LEIDOS HOLDINGS (LDOS): Free Stock Analysis Report

TASER INTL INC (TASR): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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