Byrna Technologies (BYRN) to Release Earnings on Tuesday

Byrna Technologies (NASDAQ:BYRN) will release its earnings data before the market opens on Tuesday, July 9th. Analysts expect Byrna Technologies to post earnings of ($0.01) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Byrna Technologies (NASDAQ:BYRN) last posted its quarterly earnings data on Friday, April 5th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.11) by $0.12. The company had revenue of $16.65 million during the quarter, compared to analyst estimates of $16.65 million. Byrna Technologies had a negative net margin of 11.83% and a negative return on equity of 13.16%. On average, analysts expect Byrna Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Byrna Technologies Stock Down 4.8 %

NASDAQ BYRN opened at $9.50 on Tuesday. The company has a fifty day moving average of $11.77 and a two-hundred day moving average of $10.62. The firm has a market capitalization of $216.03 million, a price-to-earnings ratio of -33.93 and a beta of 1.69. Byrna Technologies has a 52 week low of $2.19 and a 52 week high of $15.34.

Insider Activity

In other news, insider Lisa Wager sold 8,333 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $11.21, for a total transaction of $93,412.93. Following the transaction, the insider now owns 257,887 shares in the company, valued at $2,890,913.27. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, Chairman Herbert Hughes sold 8,836 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $11.16, for a total value of $98,609.76. Following the transaction, the chairman now owns 128,589 shares in the company, valued at approximately $1,435,053.24. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Lisa Wager sold 8,333 shares of the stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $11.21, for a total transaction of $93,412.93. Following the completion of the transaction, the insider now owns 257,887 shares in the company, valued at approximately $2,890,913.27. The disclosure for this sale can be found here. Insiders have sold a total of 25,502 shares of company stock worth $292,019 over the last 90 days. 8.44% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. B. Riley reissued a “buy” rating and set a $17.00 target price (up from $14.00) on shares of Byrna Technologies in a research note on Monday, April 8th. LADENBURG THALM/SH SH boosted their target price on shares of Byrna Technologies from $12.75 to $16.25 and gave the company a “buy” rating in a research note on Tuesday, April 9th. Finally, TheStreet raised shares of Byrna Technologies from a “d+” rating to a “c-” rating in a research note on Thursday, March 7th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $13.50.

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.