Axon Enterprise (AXON) Laps the Stock Market: Here's Why

Stock Performance - Axon Enterprise ended the recent trading session at $250 69, showing a +0 46% increase from the previous day's closing price [1] - The stock outperformed the S&P 500's daily gain of 0 08%, while the Dow declined by 0 31% and the Nasdaq appreciated by 0 02% [1] - Over the past month, Axon Enterprise shares depreciated by 1 41%, underperforming the Industrial Products sector's gain of 4 54% and the S&P 500's gain of 3 52% [1] Financial Expectations - The company is expected to report EPS of$ 0 86, up 22 86% from the prior-year quarter [1] - Quarterly revenue is anticipated to be $418 97 million, up 24 64% from the year-ago period [1] Analyst Estimates - Positive estimate revisions are considered a sign of optimism about the company's business outlook [2] - The Zacks Consensus EPS estimate has moved 0 4% lower over the past month [2] - Axon Enterprise currently has a Zacks Rank of 3 (Hold) [2] Valuation Metrics - Axon Enterprise is trading with a Forward P/E ratio of 60 25, which is a premium compared to the industry's average Forward P/E of 21 4 [3] - The Security and Safety Services industry, part of the Industrial Products sector, has a Zacks Industry Rank of 91, placing it within the top 37% of over 250 industries [3]