Roth Capital Expects Reduced Earnings for Byrna Technologies

Byrna Technologies Inc. (NASDAQ:BYRN) – Equities research analysts at Roth Capital dropped their Q1 2025 earnings per share (EPS) estimates for Byrna Technologies in a research note issued on Monday, February 10th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings of $0.01 per share for the quarter, down from their prior estimate 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 restated a “buy” rating and issued a $20.00 price target 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 issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $17.75.

Byrna Technologies Stock Up 7.1 %

Shares of BYRN stock opened at $32.84 on Thursday. The stock has a market capitalization of $747.44 million, a PE ratio of 364.93 and a beta of 1.65. Byrna Technologies has a 52-week low of $7.79 and a 52-week high of $34.78. The stock’s 50-day moving average price is $28.21 and its 200 day moving average price is $19.55.

Byrna Technologies (NASDAQ:BYRN) last posted its earnings results on Friday, February 7th. The company reported $0.17 EPS for the quarter, topping 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%.

Hedge Funds Weigh In On Byrna Technologies

Several institutional investors have recently added to or reduced their stakes in BYRN. McCollum Christoferson Group LLC acquired a new position in Byrna Technologies in the 3rd quarter valued at about $739,000. nVerses Capital LLC acquired a new position in Byrna Technologies during the 3rd quarter worth approximately $34,000. GSA Capital Partners LLP increased its position in Byrna Technologies by 86.6% during the 3rd quarter. GSA Capital Partners LLP now owns 59,608 shares of the company’s stock worth $1,012,000 after purchasing an additional 27,662 shares during the period. Quest Partners LLC acquired a new position in Byrna Technologies during the 3rd quarter worth approximately $46,000. Finally, Charles Schwab Investment Management Inc. increased its position in Byrna Technologies by 4.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 50,958 shares of the company’s stock worth $865,000 after purchasing an additional 2,021 shares during the period. Institutional investors and hedge funds own 25.46% 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.