Q1 EPS Estimate for Byrna Technologies Decreased by Analyst

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - Stock analysts at Roth Capital dropped their Q1 2025 earnings estimates for shares of Byrna Technologies in a research report issued on Monday, February 10th. Roth Capital analyst M. Koranda now anticipates that the company will earn $0.01 per share for the quarter, down from their previous forecast of $0.02. The consensus estimate for Byrna Technologies' current full-year earnings is $0.19 per share. Roth Capital also issued estimates for Byrna Technologies' FY2025 earnings at $0.32 EPS.

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

Byrna Technologies Trading Down 0.1 %

Byrna Technologies stock traded down $0.04 during midday trading on Thursday, hitting $32.80. The stock had a trading volume of 488,743 shares, compared to its average volume of 410,345. The firm's fifty day moving average is $28.48 and its two-hundred day moving average is $19.86. The company has a market capitalization of $742.82 million, a PE ratio of 364.48 and a beta of 1.65. Byrna Technologies has a 52-week low of $7.79 and a 52-week high of $34.78.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last released its quarterly earnings results on Friday, February 7th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.05 by $0.12. Byrna Technologies had a net margin of 3.12% and a return on equity of 5.58%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. McCollum Christoferson Group LLC bought a new position in shares of Byrna Technologies during the 3rd quarter valued at approximately $739,000. nVerses Capital LLC bought a new position in shares of Byrna Technologies during the 3rd quarter valued at approximately $34,000. GSA Capital Partners LLP boosted its position in shares of Byrna Technologies by 86.6% during the 3rd quarter. GSA Capital Partners LLP now owns 59,608 shares of the company's stock valued at $1,012,000 after acquiring an additional 27,662 shares during the last quarter. Quest Partners LLC bought a new position in shares of Byrna Technologies during the 3rd quarter valued at approximately $46,000. Finally, Charles Schwab Investment Management Inc. lifted its position in Byrna Technologies by 4.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 50,958 shares of the company's stock worth $865,000 after buying an additional 2,021 shares during the last quarter. 25.46% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Byrna Technologies news, insider Luan Pham sold 33,483 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $30.19, for a total value of $1,010,851.77. Following the completion of the transaction, the insider now directly owns 19,148 shares in the company, valued at $578,078.12. This represents a 63.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 11.08% of the stock is currently owned by corporate insiders.

About Byrna Technologies

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.