Roth Capital Issues Optimistic Estimate for BYRN Earnings

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - Research analysts at Roth Capital boosted their Q1 2025 earnings per share estimates for shares of Byrna Technologies in a research report issued to clients and investors on Tuesday, December 10th. Roth Capital analyst M. Koranda now expects that the company will post earnings per share of $0.02 for the quarter, up from their prior estimate of ($0.01). Roth Capital has a "Strong-Buy" rating on the stock. The consensus estimate for Byrna Technologies' current full-year earnings is $0.19 per share. Roth Capital also issued estimates for Byrna Technologies' Q4 2025 earnings at $0.10 EPS and FY2025 earnings at $0.27 EPS.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $20.85 million during the quarter, compared to the consensus estimate of $20.82 million. Byrna Technologies had a return on equity of 5.58% and a net margin of 3.12%.

Separately, Roth Mkm restated a "buy" rating and issued a $20.00 price objective on shares of Byrna Technologies in a research report on Wednesday, October 30th. Three research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $17.75.

Byrna Technologies Price Performance

Shares of BYRN stock traded down $0.04 during mid-day trading on Friday, hitting $24.77. The stock had a trading volume of 251,826 shares, compared to its average volume of 338,301. Byrna Technologies has a fifty-two week low of $5.36 and a fifty-two week high of $25.77. The company's 50-day simple moving average is $17.63 and its 200-day simple moving average is $13.79. The firm has a market cap of $563.77 million, a PE ratio of 275.70 and a beta of 1.80.

Insiders Place Their Bets

In other Byrna Technologies news, CEO Bryan Ganz sold 5,495 shares of the company's stock in a transaction on Friday, September 20th. The stock was sold at an average price of $17.41, for a total value of $95,667.95. Following the sale, the chief executive officer now owns 432,564 shares of the company's stock, valued at approximately $7,530,939.24. This represents a 1.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lisa Wager sold 2,450 shares of Byrna Technologies stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $17.01, for a total value of $41,674.50. Following the transaction, the insider now directly owns 224,555 shares of the company's stock, valued at $3,819,680.55. This trade represents a 1.08 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,424 shares of company stock worth $183,104. Corporate insiders own 11.08% of the company's stock.

Institutional Investors Weigh In On Byrna Technologies

Large investors have recently added to or reduced their stakes in the business. FMR LLC increased its position in Byrna Technologies by 47.9% during the third quarter. FMR LLC now owns 1,694,610 shares of the company's stock worth $28,758,000 after buying an additional 548,670 shares in the last quarter. Divisadero Street Capital Management LP purchased a new stake in Byrna Technologies during the 2nd quarter worth about $2,693,000. Millennium Management LLC raised its stake in Byrna Technologies by 53.5% in the 2nd quarter. Millennium Management LLC now owns 321,915 shares of the company's stock valued at $3,213,000 after purchasing an additional 112,262 shares during the last quarter. State Street Corp lifted its holdings in Byrna Technologies by 36.9% in the 3rd quarter. State Street Corp now owns 314,315 shares of the company's stock valued at $5,334,000 after purchasing an additional 84,723 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of Byrna Technologies during the 2nd quarter worth about $786,000. 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.