Trader’s Buzz: Taser Int’l (TASR), Zebra Technologies (ZBRA), Geron Corporation (GERN), Cliffs Natural Resources (CLF)

Taser International Inc. (TASR) lost more than 7 percent in mid-day trading. The weakness is being attributed to a report earlier this morning that suggested Seattle police may cancel plans for body cameras over costly record requests.

The SPD was to begin a body camera pilot program in the coming weeks.

Taser Int’l is currently printing a higher than average trading volume with the issue trading 4.6M shares, compared to the average volume of 2.86M. The stock began trading this morning at $20.90 to currently trade 7.49% lower from the prior days close of $20.57. On an intraday basis it gotten as low as $18.93 and as high as $21.00.

On valuation measures, TASR shares are currently priced at 52.07x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 11.79x earnings multiple. The company’s current year and next year EPS growth estimates stand at 2.70% and 23.70% compared to the industry growth rates of 34.70% and 24.00%, respectively. TASR has a t-12 price/sales ratio of 6.85. EPS for the same period registers at $0.37.

TASR’s shares have advanced 37.32% in the last 4 weeks and 30.94% in the past three months. Over the past 5 trading sessions the stock has gained 4.74%.

The Scottsdale, Arizona-based company, which is currently valued at $1.01B, has a median Wall Street price target of $22.00 with a high target of $24.00. TASR is up 22.37% year-over-year and 29.53% year-to-date.

In a report published Friday, JPMorgan (JPM) analysts upgraded their rating on Zebra Technologies Corp. (ZBRA) from ‘Neutral’ to ‘Overweight’, and raised the name’s price target from $75.00 to $87.00 citing a favorable risk/reward despite near-term integration risk from the Motorola enterprise business acquisition.

Zebra Technologies Corp., currently valued at $3.70B, has a median Wall Street price target of $77.00 with a high target of $84.00. Approximately 380K shares have already changed hands, compared to the stock’s average daily volume of 499.45K.

In the past 12 months, shares of the manufacturer of printers and related products have traded between a low of $50.03 and a high of $87.53 with the 50-day MA and 200-day MA located at $69.28 and $75.15 levels, respectively. Additionally, shares of ZBRA trade at a P/E ratio of 1.52 and have a Relative Strength Index (RSI) and MACD indicator of 55.90 and 0.87, respectively.

ZBRA currently prints a one year-over-year return of about 40%, compared with an 13.74% gain in the S&P 500.

Zebra Technologies traded recently at $72.72, up $2.88, or 4.12 percent.

Geron Corporation (GERN) shares are up close to 12% to about $3.65 in mid-day trading Friday. Not seeing any news to account for the move. Approximately 12.8M shares have already changed hands, compared to the stock’s average daily volume of 3.44M.

During today’s trading session, GERN gapped open higher and climbed for the majority of the morning, before settling into an intraday range of $3.62 to $3.72 with its 52-week range being $1.31 to $6.54.

Fundamentally, Geron shows the following financial data:
· $126,40 million cash most recent Q
· $67,057 million total current assets
· $1.28 million t-12 gross profit
· ($38,379) net income

On valuation measures, Geron Corporation shares have a PEG and t-12 price/sales ratio of (-4.97) and 425.78, respectively. EPS is ($0.25). Geron has a market cap of $575.39M and a median Wall Street price target of $4.63.

Shares of clinical stage biopharmaceutical firm are down 29.81% year-over-year and 23% year-to-date.

Cliffs Natural Resources Inc (CLF) saw a big move Friday, as the company’s shares surged by over 12% on the day. The upside came after China’s central bank cut its interest rates for the first time in more than two years, giving a boost to metals/mining stocks.

Cliffs Natural Resources Inc., currently valued at $1.50B, has a median Wall Street price target of $10.00 with a high target of $15.00. Approximately 12.33M shares have already changed hands, compared to the stock’s average daily volume of 11.66M.

In the past 52 weeks, shares of Cleveland, Ohio-based mining company have traded between a low of $7.00 and a high of $27.13 with the 50-day MA and 200-day MA located at $9.62 and $13.92 levels, respectively. Additionally, shares of CLF trade at a P/E ratio of 4.17 and have a Relative Strength Index (RSI) and MACD indicator of 46.90 and -1.47, respectively.

CLF currently prints a one year loss of about 66.56% and a year-to-date loss of around 65.27%.

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