Included in the list of orders is an order for 300 TASER X26P Smart Weapons from the Cleveland Police Department. Other orders include an order for 129 X2s from the Florida Department of Law Enforcement, and an order for 126 X2s from the North Carolina Highway Patrol.
All of the orders were placed and are expected to ship in the third quarter.
Shares of TASER International recently gained due to interest in body-mounted cameras for police forces following the civil unrest in Ferguson, MO.
TheStreet Ratings team rates TASER INTERNATIONAL INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate TASER INTERNATIONAL INC (TASR) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
Highlights from the analysis by TheStreet Ratings Team goes as follows: