Axon Enterprise (AXON) Outperforms Broader Market: What You Need to Know

Company Performance - Axon Enterprise (AXON) closed at $795.48, with a +2.7% increase from the previous day, outperforming the S&P 500's daily gain of 0.83% [1] - The stock has decreased by 0.7% over the past month, underperforming compared to the Aerospace sector's gain of 2.79% and the S&P 500's gain of 4.99% [1] Earnings Projections - The upcoming EPS for Axon Enterprise is projected at $1.54, reflecting a 28.33% increase year-over-year [2] - Revenue is anticipated to be $641.21 million, indicating a 27.2% increase compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $6.34 per share and revenue at $2.65 billion, showing increases of +6.73% and +27.17% respectively from the previous year [3] Analyst Sentiment - Recent revisions in analyst estimates are crucial as they reflect near-term business trends, with positive revisions indicating confidence in business performance [3][4] Valuation Metrics - Axon Enterprise has a Forward P/E ratio of 122.2, significantly higher than the industry average of 38.84 [6] - The company has a PEG ratio of 4.3, compared to the Aerospace - Defense Equipment industry's average PEG ratio of 2.92 [7] Industry Context - The Aerospace - Defense Equipment industry is ranked 75 in the Zacks Industry Rank, placing it in the top 31% of over 250 industries [8]