Roth Capital Issues Pessimistic Estimate for BYRN Earnings

Byrna Technologies Inc. (NASDAQ:BYRN) – Stock analysts at Roth Capital cut their Q1 2025 earnings per share (EPS) estimates for shares of Byrna Technologies in a report released on Monday, February 10th. Roth Capital analyst M. Koranda now expects that the company will post earnings per share of $0.01 for the quarter, down from their prior 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 research report on Wednesday, October 30th. Three equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Byrna Technologies has a consensus rating of “Buy” and an average target price of $17.75.

Byrna Technologies Trading Down 5.2 %

NASDAQ BYRN opened at $30.66 on Thursday. Byrna Technologies has a 12-month low of $7.79 and a 12-month high of $34.78. The company has a fifty day simple moving average of $27.93 and a two-hundred day simple moving average of $19.46. The stock has a market cap of $697.82 million, a P/E ratio of 340.70 and a beta of 1.65.

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

Institutional Investors Weigh In On Byrna Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. acquired a new position in shares of Byrna Technologies in the 4th quarter valued at about $29,000. Global Retirement Partners LLC acquired a new stake in Byrna Technologies during the fourth quarter worth about $30,000. nVerses Capital LLC purchased a new position in Byrna Technologies during the third quarter valued at approximately $34,000. NCP Inc. acquired a new position in Byrna Technologies in the fourth quarter valued at approximately $37,000. Finally, Quest Partners LLC purchased a new stake in Byrna Technologies in the 3rd quarter worth approximately $46,000. 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.