Wednesday, February 26, 2025

Ahead Of The Spring Riot Season: "Taser Maker Axon Enterprise's Stock Soars on Strong Earnings, Outlook"

Although Axon specializes in less-than-lethal technology we will be keeping an eye on other members of the riot control/personal protection industry.

From Investopedia, February 26:

  • Axon Enterprise posted fourth-quarter earnings that topped analysts' estimates.
  • The Taser maker also offered a strong outlook on demand for its defense products.
  • Axon shares soared following the results and have nearly doubled in value over the last year. 

Axon Enterprise (AXON) shares soared Wednesday on the company's better-than-expected earnings and strong outlook on growing demand for its Taser 10 weapon, portable cameras, and premium subscriptions.

The defense products manufacturer posted adjusted fourth-quarter earnings per share (EPS) of $2.08, above analysts' estimates compiled by Visible Alpha. Revenue jumped 33.6% year-over-year to $575.1 million, also more than anticipated.1

Taser revenue was up 37.1% to $221.2 million, while revenue from Axon's Cloud & Services segment jumped 40.6% to $230.3 million, and Sensors & Other revenue grew 17.5% to $123.6 million.

For the full year, Axon said it anticipates adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $640 million to $670 million and sales of $2.55 billion to $2.65 billion. Analysts had been looking for adjusted EBITDA of $654 million and sales of $2.57 billion.

Shares of Axon Enterprise were up nearly 17% in Wednesday afternoon trading and have nearly doubled in value over the last year....

....MORE 

Previously:

November 2022: Elliot Management: "World ‘plunging towards societal collapse’ as era of cheap money ends"

*****
I'm not sure why Mr. Singer is talking about hyperinflation, that term has a specific meaning, 50%, or higher, per month price increases, that is the result of monetizing government deficit spending as it happens, i.e. printing money, and the major economies are at least 10 years from that.

On the other hand there is the probability that Central Banks will accept 4% CPI, declare victory and move on to other stuff. Thirdly, a decade of 10% annual inflation is a real possibility if the Central Banks decide their over-leveraged compadres in the private sector are worthy of being bailed out.

For the latter two scenarios the top-of-mind public riot-control equity names are Taser International (TASR) and Lamperd Less Lethal Inc. (LLLI).

Should the hyperinflation scenario actually occur you would probably want the old-line armaments purveyors, Northrup-Grumman (NOC), Ratheon [now RTX Corp.] (RTN RTX) or BAE Systems (BA:lon) come to mind.

And trench coats? Burberry from $2490.00.

Profit From The Global Riot Control Industry
This is a repost from May 2016 but it's probably evergreen.

2021: Today's Hot Tip From Investment Hulk

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