Byrna Technologies Inc. Forecasted to Post FY2025 Earnings of $0.14 Per Share (NASDAQ:BYRN)

Byrna Technologies Inc. (NASDAQ:BYRN) – B. Riley raised their FY2025 EPS estimates for shares of Byrna Technologies in a research report issued on Wednesday, September 4th. B. Riley analyst J. Van. Sinderen now forecasts that the company will post earnings of $0.14 per share for the year, up from their previous estimate of $0.09. The consensus estimate for Byrna Technologies’ current full-year earnings is $0.05 per share. B. Riley also issued estimates for Byrna Technologies’ FY2026 earnings at $0.32 EPS.

A number of other equities analysts have also recently commented on BYRN. Roth Mkm initiated coverage on shares of Byrna Technologies in a report on Wednesday, August 28th. They issued a “buy” rating and a $14.00 target price on the stock. Roth Capital raised shares of Byrna Technologies to a “strong-buy” rating in a research note on Wednesday, August 28th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $15.75.

Byrna Technologies Price Performance

Shares of Byrna Technologies stock opened at $14.35 on Friday. The firm’s fifty day simple moving average is $10.36 and its 200-day simple moving average is $11.66. The stock has a market capitalization of $326.85 million, a price-to-earnings ratio of -102.50 and a beta of 1.67. Byrna Technologies has a 12 month low of $2.19 and a 12 month high of $15.49.

Byrna Technologies (NASDAQ:BYRN) last issued its quarterly earnings data on Tuesday, July 9th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.10. The business had revenue of $20.27 million during the quarter, compared to the consensus estimate of $20.29 million. Byrna Technologies had a negative net margin of 4.74% and a negative return on equity of 6.34%.

Insider Buying and Selling at Byrna Technologies

In other news, CEO Bryan Ganz sold 17,442 shares of the company’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $15.40, for a total transaction of $268,606.80. Following the transaction, the chief executive officer now directly owns 460,617 shares of the company’s stock, valued at approximately $7,093,501.80. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, insider Lisa Wager sold 20,000 shares of the company’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $13.50, for a total transaction of $270,000.00. Following the transaction, the insider now directly owns 229,555 shares of the company’s stock, valued at approximately $3,098,992.50. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Bryan Ganz sold 17,442 shares of the company’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $15.40, for a total transaction of $268,606.80. Following the transaction, the chief executive officer now directly owns 460,617 shares in the company, valued at $7,093,501.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 43,942 shares of company stock valued at $636,627. 8.44% of the stock is owned by company insiders.

Hedge Funds Weigh In On Byrna Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. Spartan Fund Management Inc. acquired a new position in shares of Byrna Technologies during the 4th quarter worth $32,000. Hamilton Wealth LLC purchased a new stake in shares of Byrna Technologies in the 1st quarter worth about $146,000. Algert Global LLC purchased a new stake in shares of Byrna Technologies in the 2nd quarter worth about $131,000. Dimensional Fund Advisors LP boosted its position in shares of Byrna Technologies by 17.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 20,016 shares of the company’s stock worth $200,000 after buying an additional 2,976 shares in the last quarter. Finally, Rhumbline Advisers purchased a new stake in shares of Byrna Technologies in the 2nd quarter worth about $205,000. 25.46% of the stock is owned by institutional investors and hedge funds.

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.