NEW YORK (TheStreet) -- Shares of TASER International (TASR) were gaining 1.2% to $26.38 Tuesday after the defense products company announces a new sale of body cameras to the Pasco County Sheriff's Office in Florida.
TASER announced that the Floridian sheriff's office purchased 415 AXON Flex body cameras, as well as a five-year subscription to EVIDENCE.com. The company received the order in the fourth quarter, and plans to ship the body cameras in the same quarter.
Along with the order TASER announced its new "Unlimited Plan" for EVIDENCE.com. The new plan includes access to the online service that can store data and images from the company's body cameras, as well as automatics upgrades for AXON cameras ever two and a half years, and full hardware equipment warranties.
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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 multiple strengths, 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, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value."