Research Analysts Issue Forecasts for BYRN FY2025 Earnings

Byrna Technologies Inc. (NASDAQ:BYRN) – Roth Capital boosted their FY2025 earnings per share estimates for shares of Byrna Technologies in a note issued to investors on Thursday, March 6th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings of $0.36 per share for the year, up from their prior estimate of $0.32. The consensus estimate for Byrna Technologies’ current full-year earnings is $0.28 per share.

Byrna Technologies Price Performance

Shares of BYRN opened at $22.48 on Friday. The firm has a market cap of $509.10 million, a P/E ratio of 41.63 and a beta of 1.64. The stock has a 50 day simple moving average of $28.71 and a two-hundred day simple moving average of $21.44. Byrna Technologies has a 1 year low of $7.79 and a 1 year high of $34.78.

Byrna Technologies (NASDAQ:BYRN) last announced its quarterly earnings results on Friday, February 7th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.12. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%.

Insider Buying and Selling at Byrna Technologies

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

Institutional Investors Weigh In On Byrna Technologies

Institutional investors have recently modified their holdings of the business. Quarry LP purchased a new position in Byrna Technologies in the fourth quarter worth about $25,000. Russell Investments Group Ltd. purchased a new position in Byrna Technologies in the fourth quarter worth about $29,000. Global Retirement Partners LLC purchased a new position in Byrna Technologies in the fourth quarter worth about $30,000. NCP Inc. purchased a new position in Byrna Technologies in the fourth quarter worth about $37,000. Finally, Quest Partners LLC purchased a new position in Byrna Technologies in the third quarter worth about $46,000. 25.46% of the stock is owned by hedge funds and other institutional investors.

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.