FY2025 EPS Estimate for Byrna Technologies Raised by Analyst

Byrna Technologies Inc. (NASDAQ:BYRN) – Stock analysts at B. Riley lifted their FY2025 EPS estimates for shares of Byrna Technologies in a report issued on Tuesday, December 10th. B. Riley analyst J. Van. Sinderen now expects that the company will post earnings of $0.19 per share for the year, up from their prior estimate of $0.16. The consensus estimate for Byrna Technologies’ current full-year earnings is $0.19 per share. B. Riley also issued estimates for Byrna Technologies’ FY2026 earnings at $0.39 EPS.

Byrna Technologies (NASDAQ:BYRN) last posted its quarterly earnings results on Wednesday, October 9th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.05. The business had revenue of $20.85 million during the quarter, compared to analyst estimates of $20.82 million. Byrna Technologies had a net margin of 3.12% and a return on equity of 5.58%.

Several other analysts also recently weighed in on the company. Roth Capital upgraded Byrna Technologies to a “strong-buy” rating in a research report on Wednesday, August 28th. Roth Mkm reiterated a “buy” rating and set a $20.00 price target on shares of Byrna Technologies in a report on Wednesday, October 30th. Three equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $17.75.

Byrna Technologies Trading Down 0.6 %

NASDAQ BYRN opened at $24.67 on Thursday. The stock has a 50-day moving average of $17.74 and a 200-day moving average of $13.87. Byrna Technologies has a 1-year low of $5.36 and a 1-year high of $25.77. The firm has a market cap of $561.49 million, a PE ratio of 274.14 and a beta of 1.80.

Insider Activity at Byrna Technologies

In related news, insider Lisa Wager sold 2,450 shares of the stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $17.01, for a total value of $41,674.50. Following the completion of the transaction, the insider now directly owns 224,555 shares in the company, valued at $3,819,680.55. This trade represents a 1.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Laurilee Kearnes purchased 2,000 shares of the company’s stock in a transaction dated Thursday, October 10th. The stock was bought at an average cost of $14.04 per share, for a total transaction of $28,080.00. Following the completion of the transaction, the chief financial officer now owns 2,500 shares in the company, valued at approximately $35,100. This represents a 400.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 10,424 shares of company stock worth $183,104 in the last 90 days. Company insiders own 11.08% of the company’s stock.

Hedge Funds Weigh In On Byrna Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in Byrna Technologies by 1.9% in the first quarter. Vanguard Group Inc. now owns 800,051 shares of the company’s stock valued at $11,145,000 after acquiring an additional 14,755 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Byrna Technologies by 68.8% in the second quarter. Bank of New York Mellon Corp now owns 146,607 shares of the company’s stock worth $1,463,000 after acquiring an additional 59,738 shares during the period. Rhumbline Advisers bought a new stake in Byrna Technologies during the 2nd quarter valued at approximately $205,000. Dimensional Fund Advisors LP lifted its holdings in 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 purchasing an additional 2,976 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new position in Byrna Technologies in the 2nd quarter worth approximately $786,000. 25.46% of the stock is owned by institutional investors.

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.