Research Analysts Offer Predictions for BYRN FY2025 Earnings

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - B. Riley increased their FY2025 earnings per share estimates for Byrna Technologies in a report released on Tuesday, December 10th. B. Riley analyst J. Van. Sinderen now anticipates that the company will post earnings per share of $0.19 for the year, up from their prior estimate of $0.16. The consensus estimate for Byrna Technologies' current full-year earnings is $0.17 per share. B. Riley also issued estimates for Byrna Technologies' FY2026 earnings at $0.39 EPS.

BYRN has been the topic of several other reports. Roth Mkm reissued a "buy" rating and set a $20.00 price target on shares of Byrna Technologies in a research report on Wednesday, October 30th. Roth Capital raised Byrna Technologies to a "strong-buy" rating in a research report on Wednesday, August 28th. Three analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $17.75.

Byrna Technologies Price Performance

Byrna Technologies stock traded up $0.64 during midday trading on Thursday, hitting $24.81. 504,142 shares of the company were exchanged, compared to its average volume of 338,359. The company's fifty day moving average price is $17.48 and its 200-day moving average price is $13.71. The company has a market cap of $564.63 million, a PE ratio of 268.56 and a beta of 1.80. Byrna Technologies has a fifty-two week low of $5.12 and a fifty-two week high of $25.49.

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

Insider Buying and Selling at Byrna Technologies

In other news, CFO Laurilee Kearnes purchased 2,000 shares of the stock in a transaction dated Thursday, October 10th. The stock was acquired at an average cost of $14.04 per share, for a total transaction of $28,080.00. Following the acquisition, the chief financial officer now owns 2,500 shares of the company's stock, valued at $35,100. The trade was a 400.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Lisa Wager sold 2,450 shares of the business's stock in a transaction that occurred on 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 sale, the insider now owns 224,555 shares of the company's stock, valued at $3,819,680.55. This trade represents a 1.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,424 shares of company stock valued at $183,104 in the last three months. Corporate insiders own 11.08% of the company's stock.

Institutional Investors Weigh In On Byrna Technologies

A number of institutional investors have recently made changes to their positions in the company. Walleye Capital LLC increased its holdings in shares of Byrna Technologies by 1.3% in the 3rd quarter. Walleye Capital LLC now owns 52,379 shares of the company's stock valued at $889,000 after acquiring an additional 665 shares during the last quarter. nVerses Capital LLC bought a new stake in shares of Byrna Technologies in the 3rd quarter valued at approximately $34,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Byrna Technologies by 4.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 50,958 shares of the company's stock valued at $865,000 after acquiring an additional 2,021 shares during the last quarter. Quest Partners LLC bought a new stake in shares of Byrna Technologies in the 3rd quarter valued at approximately $46,000. Finally, Dimensional Fund Advisors LP grew its stake in Byrna Technologies by 17.5% during 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 during the last quarter. 25.46% of the stock is currently 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.