Roth Capital Issues Optimistic Outlook for BYRN Earnings

Byrna Technologies Inc. (NASDAQ:BYRN) – Roth Capital upped their Q2 2025 earnings per share (EPS) estimates for shares of Byrna Technologies in a research report issued to clients and investors on Friday, June 6th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings of $0.07 per share for the quarter, up from their previous forecast of $0.06. The consensus estimate for Byrna Technologies’ current full-year earnings is $0.28 per share. Roth Capital also issued estimates for Byrna Technologies’ FY2025 earnings at $0.39 EPS.

Byrna Technologies (NASDAQ:BYRN) last released its quarterly earnings data on Thursday, April 10th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.05. Byrna Technologies had a net margin of 14.92% and a return on equity of 15.39%. The company had revenue of $26.19 million during the quarter, compared to analyst estimates of $23.26 million.

BYRN has been the subject of several other research reports. B. Riley reissued a “buy” rating and issued a $39.00 price objective (up previously from $38.00) on shares of Byrna Technologies in a research report on Friday. Roth Mkm reissued a “buy” rating and issued a $33.00 price objective on shares of Byrna Technologies in a research report on Thursday, March 20th. Finally, Wolfe Research raised shares of Byrna Technologies to a “strong-buy” rating in a research report on Friday.

Byrna Technologies Stock Down 2.8%

Byrna Technologies stock opened at $28.79 on Monday. Byrna Technologies has a 52-week low of $7.79 and a 52-week high of $34.78. The firm has a fifty day moving average of $22.77 and a 200-day moving average of $24.36. The firm has a market capitalization of $652.58 million, a P/E ratio of 53.32 and a beta of 2.11.

Institutional Investors Weigh In On Byrna Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of BYRN. Capital Research Global Investors purchased a new stake in Byrna Technologies during the 4th quarter worth approximately $47,203,000. Driehaus Capital Management LLC bought a new position in Byrna Technologies during the 4th quarter valued at $9,304,000. Invesco Ltd. boosted its stake in Byrna Technologies by 72.4% during the 4th quarter. Invesco Ltd. now owns 697,655 shares of the company’s stock valued at $20,099,000 after acquiring an additional 293,049 shares during the last quarter. Nuveen Asset Management LLC boosted its stake in Byrna Technologies by 1,039.5% during the 4th quarter. Nuveen Asset Management LLC now owns 266,239 shares of the company’s stock valued at $7,670,000 after acquiring an additional 242,875 shares during the last quarter. Finally, Millennium Management LLC boosted its stake in Byrna Technologies by 247.9% during the 1st quarter. Millennium Management LLC now owns 326,670 shares of the company’s stock valued at $5,501,000 after acquiring an additional 232,770 shares during the last quarter. 25.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Byrna Technologies news, Director Emily Rooney acquired 2,500 shares of the company’s stock in a transaction on Tuesday, April 22nd. The shares were bought at an average cost of $20.50 per share, for a total transaction of $51,250.00. Following the acquisition, the director now directly owns 37,564 shares of the company’s stock, valued at $770,062. This trade represents a 7.13% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 11.08% of the company’s stock.

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.