Byrna Technologies (BYRN) to Release Earnings on Tuesday

Byrna Technologies (NASDAQ:BYRN) will be releasing its earnings data before the market opens on Tuesday, July 9th. Analysts expect Byrna Technologies to post earnings of ($0.01) per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Byrna Technologies (NASDAQ:BYRN) last issued its earnings results on Friday, April 5th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.11) by $0.12. The company had revenue of $16.65 million during the quarter, compared to analyst estimates of $16.65 million. Byrna Technologies had a negative return on equity of 13.16% and a negative net margin of 11.83%. On average, analysts expect Byrna Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Byrna Technologies Trading Down 4.8 %

Shares of BYRN opened at $9.50 on Tuesday. The firm has a market cap of $216.03 million, a price-to-earnings ratio of -33.93 and a beta of 1.69. The stock has a 50 day moving average of $11.77 and a 200-day moving average of $10.62. Byrna Technologies has a 52 week low of $2.19 and a 52 week high of $15.34.

Insider Buying and Selling at Byrna Technologies

In other Byrna Technologies news, insider Lisa Wager sold 8,333 shares of Byrna Technologies stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $11.21, for a total transaction of $93,412.93. Following the sale, the insider now owns 257,887 shares of the company’s stock, valued at approximately $2,890,913.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Chairman Herbert Hughes sold 8,836 shares of the business’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $11.16, for a total value of $98,609.76. Following the sale, the chairman now owns 128,589 shares of the company’s stock, valued at approximately $1,435,053.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lisa Wager sold 8,333 shares of the business’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $11.21, for a total value of $93,412.93. Following the completion of the sale, the insider now directly owns 257,887 shares in the company, valued at approximately $2,890,913.27. The disclosure for this sale can be found here. Insiders have sold 25,502 shares of company stock valued at $292,019 in the last quarter. Corporate insiders own 8.44% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. TheStreet upgraded Byrna Technologies from a “d+” rating to a “c-” rating in a research report on Thursday, March 7th. B. Riley restated a “buy” rating and set a $17.00 price objective (up previously from $14.00) on shares of Byrna Technologies in a research report on Monday, April 8th. Finally, LADENBURG THALM/SH SH boosted their price objective on Byrna Technologies from $12.75 to $16.25 and gave the company a “buy” rating in a research report on Tuesday, April 9th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $13.50.

Byrna Technologies Company Profile

Byrna Technologies Inc, a non-lethal defense technology company, provides non-lethal alternative solutions for law enforcement and private security. The company offers handheld personal security devices and shoulder-fired launchers without the need for background check or firearm license; and projectiles including chemical irritant, kinetic, and inert rounds.