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NASDAQ:BYRN

Byrna Technologies (BYRN) Stock Price, News & Analysis

Byrna Technologies logo
$29.56 +1.11 (+3.90%)
(As of 12/20/2024 05:15 PM ET)

About Byrna Technologies Stock (NASDAQ:BYRN)

Key Stats

Today's Range
$27.25
$29.62
50-Day Range
$14.41
$29.56
52-Week Range
$5.36
$29.72
Volume
718,856 shs
Average Volume
346,242 shs
Market Capitalization
$672.73 million
P/E Ratio
328.48
Dividend Yield
N/A
Price Target
$17.75
Consensus Rating
Buy

Company Overview

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. It offers self-defense aerosol products under the Byran Bad Guy Repellent brand; and accessories and related safety products, which includes carbon dioxide canisters, sighting systems, and holster under the Byran Banshee and Byran Shield brand, as well as Byrna-branded apparel. In addition, the company provides the products to the consumer market through Byrna e-commerce store and Amazon storefront, and network of local, regional and national outdoor and sporting goods stores, either directly or through distributors; and professional security market through Train the Trainer program and de-escalation methods. It operates in the United States, South Africa, Europe, South America, Asia, and Canada. The company was formerly known as Security Devices International, Inc. and changed its name to Byrna Technologies Inc. in March 2020. Byrna Technologies Inc. was incorporated in 2005 and is headquartered in Andover, Massachusetts.

Byrna Technologies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
34th Percentile Overall Score

BYRN MarketRank™: 

Byrna Technologies scored higher than 34% of companies evaluated by MarketBeat, and ranked 248th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Byrna Technologies has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Byrna Technologies has only been the subject of 1 research reports in the past 90 days.

  • Read more about Byrna Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for Byrna Technologies are expected to grow by 21.05% in the coming year, from $0.19 to $0.23 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Byrna Technologies is 328.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.43.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Byrna Technologies is 328.48, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.29.

  • Price to Book Value per Share Ratio

    Byrna Technologies has a P/B Ratio of 15.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    16.34% of the float of Byrna Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    Byrna Technologies has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Byrna Technologies has recently increased by 3.65%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Byrna Technologies does not currently pay a dividend.

  • Dividend Growth

    Byrna Technologies does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    16.34% of the float of Byrna Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    Byrna Technologies has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Byrna Technologies has recently increased by 3.65%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Byrna Technologies has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Byrna Technologies this week, compared to 3 articles on an average week.
  • Search Interest

    17 people have searched for BYRN on MarketBeat in the last 30 days. This is an increase of 89% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Byrna Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Byrna Technologies insiders have bought 2.01% more of their company's stock than they have sold. Specifically, they have bought $46,680.00 in company stock and sold $45,761.00 in company stock.

  • Percentage Held by Insiders

    11.08% of the stock of Byrna Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 25.46% of the stock of Byrna Technologies is held by institutions.

  • Read more about Byrna Technologies' insider trading history.
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BYRN Stock News Headlines

⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
Byrna plans to increase launcher production to 24,000 units per month
See More Headlines

BYRN Stock Analysis - Frequently Asked Questions

Byrna Technologies' stock was trading at $6.39 at the start of the year. Since then, BYRN stock has increased by 362.6% and is now trading at $29.56.
View the best growth stocks for 2024 here
.

Byrna Technologies Inc. (NASDAQ:BYRN) released its quarterly earnings data on Wednesday, October, 9th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.05. The business earned $20.85 million during the quarter, compared to the consensus estimate of $20.82 million. Byrna Technologies had a trailing twelve-month return on equity of 5.58% and a net margin of 3.12%.

Top institutional shareholders of Byrna Technologies include FMR LLC (7.45%), ArrowMark Colorado Holdings LLC (4.93%), Geode Capital Management LLC (1.72%) and State Street Corp (1.38%). Insiders that own company stock include Bryan Ganz, Lisa Wager, Herbert Hughes, Michael Wager, David North, Luan Pham and Laurilee Kearnes.
View institutional ownership trends
.

Shares of BYRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Byrna Technologies investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and Advanced Micro Devices (AMD).

Company Calendar

Last Earnings
10/09/2024
Today
12/22/2024
Fiscal Year End
11/30/2025

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
Electrical Equipment
Current Symbol
NASDAQ:BYRN
Fax
N/A
Employees
150
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.75
High Stock Price Target
$20.00
Low Stock Price Target
$16.25
Potential Upside/Downside
-40.0%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$-8,190,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$73.42 million
Book Value
$1.93 per share

Miscellaneous

Free Float
20,236,000
Market Cap
$672.73 million
Optionable
Optionable
Beta
1.80

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This page (NASDAQ:BYRN) was last updated on 12/22/2024 by MarketBeat.com Staff
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