Q2 EPS Estimate for Byrna Technologies Lifted by Analyst

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - Analysts at Roth Capital raised their Q2 2025 earnings estimates for shares of Byrna Technologies in a research report issued to clients and investors on Friday, June 6th. Roth Capital analyst M. Koranda now forecasts that the company will post earnings of $0.07 per share for the quarter, up from their previous estimate of $0.06. The consensus estimate for Byrna Technologies' current full-year earnings is $0.28 per share. Roth Capital also issued estimates for Byrna Technologies' FY2025 earnings at $0.39 EPS.

A number of other research firms also recently issued reports on BYRN. Roth Mkm restated a "buy" rating and set a $33.00 target price on shares of Byrna Technologies in a research report on Thursday, March 20th. Wolfe Research raised Byrna Technologies to a "strong-buy" rating in a research note on Friday. Finally, B. Riley reaffirmed a "buy" rating and issued a $39.00 price target (up previously from $38.00) on shares of Byrna Technologies in a research note on Friday.

Byrna Technologies Trading Up 18.0%

Shares of BYRN stock opened at $31.35 on Monday. The firm's 50 day moving average is $22.26 and its 200-day moving average is $24.27. Byrna Technologies has a 1 year low of $7.79 and a 1 year high of $34.78. The firm has a market capitalization of $710.61 million, a price-to-earnings ratio of 58.06 and a beta of 2.11.

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

Institutional Investors Weigh In On Byrna Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new stake in Byrna Technologies during the fourth quarter worth $134,000. New York State Common Retirement Fund increased its position in Byrna Technologies by 2,200.0% during the fourth quarter. New York State Common Retirement Fund now owns 6,900 shares of the company's stock worth $199,000 after acquiring an additional 6,600 shares during the period. Global Retirement Partners LLC bought a new position in shares of Byrna Technologies during the fourth quarter worth approximately $30,000. Bank of New York Mellon Corp increased its holdings in shares of Byrna Technologies by 2.1% during the fourth quarter. Bank of New York Mellon Corp now owns 138,445 shares of the company's stock worth $3,989,000 after purchasing an additional 2,899 shares during the period. Finally, NCP Inc. bought a new position in shares of Byrna Technologies during the fourth quarter worth approximately $37,000. Institutional investors own 25.46% of the company's stock.

Insider Buying and Selling at Byrna Technologies

In other Byrna Technologies news, Director Emily Rooney purchased 2,500 shares of the business's stock in a transaction on Tuesday, April 22nd. The shares were purchased at an average cost of $20.50 per share, with a total value of $51,250.00. Following the transaction, the director now directly owns 37,564 shares of the company's stock, valued at $770,062. This represents a 7.13% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 11.08% of the company's stock.

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.

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