Roth Capital Has Bullish Outlook for BYRN FY2025 Earnings

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - Stock analysts at Roth Capital boosted their FY2025 earnings per share (EPS) estimates for Byrna Technologies in a research report issued on Thursday, April 10th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings per share of $0.38 for the year, up from their prior estimate of $0.36. The consensus estimate for Byrna Technologies' current full-year earnings is $0.28 per share. Roth Capital also issued estimates for Byrna Technologies' Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.11 EPS, Q3 2026 earnings at $0.09 EPS and Q4 2026 earnings at $0.23 EPS.

Separately, Roth Mkm reissued a "buy" rating and set a $33.00 price target on shares of Byrna Technologies in a research note on Thursday, March 20th.

Byrna Technologies Stock Performance

Byrna Technologies stock traded down $0.12 during midday trading on Monday, reaching $20.31. 649,006 shares of the company were exchanged, compared to its average volume of 472,370. Byrna Technologies has a 1 year low of $7.79 and a 1 year high of $34.78. The company has a market capitalization of $460.37 million, a price-to-earnings ratio of 37.61 and a beta of 2.19. The firm's 50-day simple moving average is $22.34 and its 200-day simple moving average is $22.28.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last posted its earnings results on Thursday, April 10th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.05. The company had revenue of $26.19 million for the quarter, compared to analyst estimates of $23.26 million. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%.

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Insider Activity at Byrna Technologies

In other news, insider Luan Pham sold 33,483 shares of the business's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $30.19, for a total value of $1,010,851.77. Following the completion of the sale, the insider now owns 19,148 shares of the company's stock, valued at approximately $578,078.12. The trade was a 63.62 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lisa Wager sold 12,500 shares of the business's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $29.38, for a total transaction of $367,250.00. Following the sale, the insider now directly owns 212,055 shares of the company's stock, valued at approximately $6,230,175.90. This represents a 5.57 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 11.08% of the company's stock.

Hedge Funds Weigh In On Byrna Technologies

A number of hedge funds have recently modified their holdings of BYRN. Capital Research Global Investors acquired a new position in shares of Byrna Technologies in the 4th quarter valued at about $47,203,000. Driehaus Capital Management LLC acquired a new position in shares of Byrna Technologies in the fourth quarter worth $9,304,000. Invesco Ltd. grew its stake in shares of Byrna Technologies by 72.4% in the 4th quarter. Invesco Ltd. now owns 697,655 shares of the company's stock valued at $20,099,000 after buying an additional 293,049 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in Byrna Technologies by 1,039.5% during the fourth quarter. Nuveen Asset Management LLC now owns 266,239 shares of the company's stock valued at $7,670,000 after buying an additional 242,875 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Byrna Technologies in the fourth quarter valued at approximately $2,741,000. 25.46% of the stock is currently owned by institutional investors and hedge funds.

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.