Should I buy or sell Byrna Technologies stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Byrna Technologies in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BYRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BYRN, but not buy additional shares or sell existing shares. View BYRN analyst ratings or view top-rated stocks .

What is Byrna Technologies' stock price target for 2024?

2 Wall Street research analysts have issued 12 month price objectives for Byrna Technologies' shares. Their BYRN share price targets range from $7.25 to $7.25. On average, they expect the company's share price to reach $7.25 in the next year. This suggests a possible upside of 39.2% from the stock's current price. View analysts price targets for BYRN or view top-rated stocks among Wall Street analysts .

How have BYRN shares performed in 2023?

Byrna Technologies' stock was trading at $7.84 at the start of the year. Since then, BYRN shares have decreased by 33.5% and is now trading at $5.21. View the best growth stocks for 2023 here .

When is Byrna Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024. View our BYRN earnings forecast .

How were Byrna Technologies' earnings last quarter?

Byrna Technologies Inc. (NASDAQ:BYRN) announced its earnings results on Thursday, October, 12th. The company reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by $0.12. The business had revenue of $7.09 million for the quarter, compared to analysts' expectations of $7 million. Byrna Technologies had a negative net margin of 17.43% and a negative trailing twelve-month return on equity of 16.39%.

What guidance has Byrna Technologies issued on next quarter's earnings?

Byrna Technologies issued an update on its third quarter 2023 earnings guidance on Tuesday, September, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $7.10 million-$7.10 million, compared to the consensus revenue estimate of $11.41 million.

Who are Byrna Technologies' major shareholders?

Byrna Technologies' stock is owned by many different retail and institutional investors. Top institutional investors include FNY Investment Advisers LLC (3.41%), Wealthspire Advisors LLC (2.56%), Federated Hermes Inc. (0.73%), Raymond James & Associates (0.00%), Invesco Ltd. (0.38%) and Raymond James Financial Services Advisors Inc. (0.26%). Insiders that own company stock include Bryan Ganz , David North, Luan Pham and Michael Wager . View institutional ownership trends .

How do I buy shares of Byrna Technologies?

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

Byrna Technologies (BYRN) Stock Price, News & Analysis

$5.21

-0.50 (-8.76%)

(As of 05:19 PM ET)

Compare

Today's Range: $5.16
▼
$5.70
50-Day Range: $2.25
▼
$6.05
52-Week Range: $2.19
▼
$10.38

Volume: 96,024 shs
Average Volume: 82,191 shs
Market Capitalization: $114.52 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.25

Byrna Technologies MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 39.2% Upside
$7.25 Price Target
Short Interest: Bearish
3.97% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.61
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$73,943 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.50) to ($0.46) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.89 out of 5 stars

Business Services Sector

201st out of 303 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

15th out of 26 stocks

3.0

Analyst's Opinion

Consensus Rating
Byrna Technologies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.25, Byrna Technologies has a forecasted upside of 39.2% from its current price of $5.21.
Amount of Analyst Coverage
Byrna Technologies has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.97% 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 9.2.
Change versus previous month
Short interest in Byrna Technologies has recently increased by 10.97%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Byrna Technologies does not currently pay a dividend.
Dividend Growth
Byrna Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BYRN.

3.1

News and Social Media Coverage

News Sentiment
Byrna Technologies has a news sentiment score of 0.61. 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 0.47 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Byrna Technologies this week, compared to 1 article on an average week.
Search Interest
2 people have searched for BYRN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Byrna Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Byrna Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $73,943.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 8.44% of the stock of Byrna Technologies is held by insiders.
Percentage Held by Institutions
Only 26.58% of the stock of Byrna Technologies is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Byrna Technologies are expected to grow in the coming year, from ($0.50) to ($0.46) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Byrna Technologies is -14.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Byrna Technologies is -14.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Byrna Technologies has a P/B Ratio of 2.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Byrna Technologies Stock (NASDAQ:BYRN)

Byrna Technologies Inc., a non-lethal defense technology company, provides non-lethal alternative solutions for law enforcement and private security. It 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. The company provides 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, it offers the products to 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. Further, the company operates in the United States, South Africa, Europe, South America, Asia, and Canada. Byrna Technologies Inc. was formerly known as Security Devices International, Inc. and changed its name to Byrna Technologies Inc. in March 2020. The company was incorporated in 2005 and is headquartered in Andover, Massachusetts.

BYRN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BYRN Stock News Headlines

December 8, 2023 | finance.yahoo.com

Renowned TV and Radio Personality, Former New York Prosecutor Judge Jeanine Pirro Partners with Byrna Technologies to Champion Its Non-Lethal Security Solutions

December 6, 2023 | seekingalpha.com

Byrna Is Expensive As Advertising Bans Continue To Bite (Rating Downgrade)

December 11, 2023 | Edge On The Street (Ad)

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December 6, 2023 | seekingalpha.com

Byrna Is Expensive As Advertising Bans Continue To Bite (Rating Downgrade)

November 29, 2023 | finance.yahoo.com

We're Interested To See How Byrna Technologies (NASDAQ:BYRN) Uses Its Cash Hoard To Grow

November 21, 2023 | seekingalpha.com

Why Byrna Technologies Is A Buy?

November 15, 2023 | finance.yahoo.com

Investing in Byrna Technologies (NASDAQ:BYRN) five years ago would have delivered you a 225% gain

November 9, 2023 | finance.yahoo.com

Byrna Technologies Secures Order from State of Hawaii Sherriff's Division, Expanding Its Law Enforcement Footprint

December 11, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

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October 29, 2023 | finance.yahoo.com

Byrna Technologies Inc. (NASDAQ:BYRN) surges 15%; retail investors who own 50% shares profited along with institutions

October 26, 2023 | finance.yahoo.com

Byrna Technologies Wins Record Law Enforcement Order in Argentina

October 24, 2023 | benzinga.com

Byrna Technologies And 2 Other Penny Stocks Insiders Are Buying

October 16, 2023 | finance.yahoo.com

Byrna Technologies Inc. (NASDAQ:BYRN) Q3 2023 Earnings Call Transcript

October 14, 2023 | seekingalpha.com

Company Calendar

Last Earnings: 10/12/2023
Today: 12/11/2023
Next Earnings (Estimated): 2/08/2024
Fiscal Year End: 11/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:BYRN
CUSIP: N/A
CIK: 1354866
Web: www.byrna.com
Phone: (978) 868-5011
Fax: N/A
Employees: 153
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.25
High Stock Price Target: $7.25
Low Stock Price Target: $7.25
Potential Upside/Downside: +39.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.35)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-7,890,000.00
Net Margins: -17.43%
Pretax Margin: -17.46%
Return on Equity: -16.39%
Return on Assets: -13.57%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.96
Quick Ratio: 3.11

Sales & Book Value

Annual Sales: $48.04 million
Price / Sales: 2.38
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.07 per share
Price / Book: 2.52

Miscellaneous

Outstanding Shares: 21,980,000
Free Float: 20,122,000
Market Cap: $114.52 million
Optionable: Not Optionable
Beta: 1.43

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Key Executives

Mr. Bryan Scott Ganz (Age 64)
CEO, President & Chairman
Comp: $675k
Mr. David R. North (Age 59)
Chief Financial Officer
Comp: $370k
Mr. Luan Pham (Age 51)
Chief Revenue & Marketing Officer
Comp: $412.5k
Mr. James Dunfey (Age 59)
Chief Accounting Officer
Mr. Andre J. Buys (Age 40)
Chief Technology Officer
Mr. Etienne Roux
Executive Vice President of International Sales & Marketing
Ms. Sandra Driscoll
Chief People Officer
Mr. Reilly Schueler
Chief Commercial Officer
Chief R. J. Boatman
Chief Governmental Affairs Officer
Mr. Andy Pollack
Chief Public Safety Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BYRN Stock Analysis - Frequently Asked Questions

Should I buy or sell Byrna Technologies stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Byrna Technologies in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BYRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BYRN, but not buy additional shares or sell existing shares.
View BYRN analyst ratings or view top-rated stocks.
What is Byrna Technologies' stock price target for 2024?: 2 Wall Street research analysts have issued 12 month price objectives for Byrna Technologies' shares. Their BYRN share price targets range from $7.25 to $7.25. On average, they expect the company's share price to reach $7.25 in the next year. This suggests a possible upside of 39.2% from the stock's current price.
View analysts price targets for BYRN or view top-rated stocks among Wall Street analysts.
How have BYRN shares performed in 2023?: Byrna Technologies' stock was trading at $7.84 at the start of the year. Since then, BYRN shares have decreased by 33.5% and is now trading at $5.21.
View the best growth stocks for 2023 here.
When is Byrna Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our BYRN earnings forecast.

How were Byrna Technologies' earnings last quarter?: Byrna Technologies Inc. (NASDAQ:BYRN) announced its earnings results on Thursday, October, 12th. The company reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by $0.12. The business had revenue of $7.09 million for the quarter, compared to analysts' expectations of $7 million. Byrna Technologies had a negative net margin of 17.43% and a negative trailing twelve-month return on equity of 16.39%.
What guidance has Byrna Technologies issued on next quarter's earnings?: Byrna Technologies issued an update on its third quarter 2023 earnings guidance on Tuesday, September, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $7.10 million-$7.10 million, compared to the consensus revenue estimate of $11.41 million.
Who are Byrna Technologies' major shareholders?: Byrna Technologies' stock is owned by many different retail and institutional investors. Top institutional investors include FNY Investment Advisers LLC (3.41%), Wealthspire Advisors LLC (2.56%), Federated Hermes Inc. (0.73%), Raymond James & Associates (0.00%), Invesco Ltd. (0.38%) and Raymond James Financial Services Advisors Inc. (0.26%). Insiders that own company stock include Bryan Ganz, David North, Luan Pham and Michael Wager.
View institutional ownership trends.
How do I buy shares of Byrna Technologies?: Shares of BYRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:BYRN) was last updated on 12/11/2023 by MarketBeat.com Staff

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