|Bid||133.00 x 800|
|Ask||0.00 x 800|
|Day's Range||176.36 - 182.92|
|52 Week Range||120.77 - 184.88|
|Beta (5Y Monthly)||0.76|
|PE Ratio (TTM)||33.48|
|Earnings Date||May 05, 2021 - May 10, 2021|
|Forward Dividend & Yield||2.84 (1.56%)|
|Ex-Dividend Date||Mar. 12, 2021|
|1y Target Est||206.44|
Health services are a critical discipline, where every second counts and the control room is at the heart of their mission-critical operations. Teams require collaboration and flexibility to effectively manage emergency health situations as they arise. This has become especially apparent with the ongoing COVID-19 pandemic, where pressures on health services including medical communication centres, continue to rise.
Shares of Axon Enterprise (NASDAQ: AXON) were up 4.5% in afternoon trading Friday after the stun gun maker reported fourth-quarter earnings that handily beat analyst expectations. Axon has new competition in the connected law enforcement space after Motorola Systems (NYSE: MSI) introduced a suite of products it's billing as video as a service. Sales of the Taser 7, Axon's latest cloud-connected CEW, surged 61% in the quarter, driven in good part by a $20 million order placed by an international customer.
Axon Enterprise (NASDAQ: AXON) may finally have a competitor that can't be easily beat. Motorola Solutions (NYSE: MSI) is launching a new video-as-a-service (VaaS) platform with a suite of products and services that could eat into the Taser maker's dominating market share because it has some of the same attributes that enabled Axon to earn so many contract wins. Since Motorola is also a financially bigger and arguably stronger rival that is now targeting the heart of Axon's business, let's see how big of a threat the competition is to the Taser-maker's standing.