Byrna Technologies Stock Analysis

BYRN Stock  USD 10.45  0.42  4.19%   
Byrna Technologies is overvalued with Real Value of 9.09 and Target Price of 8.88. The main objective of Byrna Technologies stock analysis is to determine its intrinsic value, which is an estimate of what Byrna Technologies is worth, separate from its market price. There are two main types of Byrna Technologies' stock analysis: fundamental analysis and technical analysis.
The Byrna Technologies stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Byrna Technologies is usually not traded on Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day. Byrna Stock trading window is adjusted to America/New York timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Byrna Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.

Byrna Stock Analysis Notes

About 21.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.13. Byrna Technologies had not issued any dividends in recent years. The entity had 1:10 split on the 27th of April 2021. Byrna Technologies Inc., a less-lethal defense technology company, develops and manufactures less-lethal munitions. Byrna Technologies Inc. was incorporated in 2005 and is headquartered in Andover, Massachusetts. Byrna Technologies operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 151 people. For more info on Byrna Technologies please contact Bryan Ganz at 978 868 5011 or go to https://www.byrna.com.

Byrna Technologies Investment Alerts

Byrna Technologies generated a negative expected return over the last 90 days
Byrna Technologies has high historical volatility and very poor performance
The company reported the previous year's revenue of 42.64 M. Net Loss for the year was (8.19 M) with profit before overhead, payroll, taxes, and interest of 26.28 M.
About 21.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: Byrna Technologies Inc. Beat Analyst Profit Forecasts, And Analysts Have New Estimates

Byrna Technologies Upcoming and Recent Events

Earnings reports are used by Byrna Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
8th of February 2024
Upcoming Quarterly Report
View
12th of April 2024
Next Financial Report
View
30th of November 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
31st of August 2023
Last Quarter Report
View
30th of November 2022
Last Financial Announcement
View

Byrna Largest EPS Surprises

Earnings surprises can significantly impact Byrna Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-02-09
2022-11-300.070.06-0.0114 
2022-07-07
2022-05-31-0.04-0.05-0.0125 
2022-02-11
2021-11-30-0.05-0.06-0.0120 
View All Earnings Estimates

Byrna Technologies Environmental, Social, and Governance (ESG) Scores

Byrna Technologies' ESG score is a quantitative measure that evaluates Byrna Technologies' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Byrna Technologies' operations that may have significant financial implications and affect Byrna Technologies' stock price as well as guide investors towards more socially responsible investments.

Byrna Stock Institutional Investors

Shares
M&t Bank Corp2024-03-31
151.7 K
Goldman Sachs Group Inc2024-03-31
116 K
Qube Research & Technologies2024-03-31
112.3 K
Raymond James & Associates2024-03-31
109.5 K
Eam Investors, Llc2024-03-31
91.8 K
Bank Of New York Mellon Corp2024-03-31
86.9 K
Marshall Wace Asset Management Ltd2024-03-31
76.8 K
State Street Corporation2024-03-31
67.8 K
Bridgeway Capital Management, Llc2024-03-31
61.8 K
Arrowmark Colorado Holdings, Llc (arrowmark Partners)2024-03-31
1.8 M
Vanguard Group Inc2024-03-31
800.1 K
Note, although Byrna Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Byrna Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 228.45 M.

Byrna Profitablity

The company has Profit Margin (PM) of (0.05) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.09 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.09.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.16)(0.17)
Return On Capital Employed(0.16)(0.15)
Return On Assets(0.14)(0.15)
Return On Equity(0.22)(0.21)

Management Efficiency

Byrna Technologies has return on total asset (ROA) of (0.0344) % which means that it has lost $0.0344 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.063) %, meaning that it created substantial loss on money invested by shareholders. Byrna Technologies' management efficiency ratios could be used to measure how well Byrna Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of the 16th of July 2024, Return On Tangible Assets is likely to drop to -0.17. In addition to that, Return On Capital Employed is likely to grow to -0.15. At this time, Byrna Technologies' Asset Turnover is very stable compared to the past year.
Last ReportedProjected for Next Year
Book Value Per Share 1.74  1.82 
Tangible Book Value Per Share 1.50  1.57 
Enterprise Value Over EBITDA(21.51)(22.58)
Price Book Value Ratio 2.73  2.86 
Enterprise Value Multiple(21.51)(22.58)
Price Fair Value 2.73  2.86 
Enterprise Value98.7 M103.6 M
The analysis of Byrna Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Byrna Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Byrna Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Operating Margin
0.0944
Profit Margin
(0.05)
Beta
1.686
Return On Assets
(0.03)
Return On Equity
(0.06)

Technical Drivers

As of the 16th of July 2024, Byrna Technologies shows the Standard Deviation of 3.65, mean deviation of 2.86, and Risk Adjusted Performance of (0.08). Byrna Technologies technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Byrna Technologies Price Movement Analysis

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Byrna Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Byrna Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Byrna Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Byrna Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Byrna Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Byrna Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Byrna Technologies Outstanding Bonds

Byrna Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Byrna Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Byrna bonds can be classified according to their maturity, which is the date when Byrna Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Byrna Technologies Predictive Daily Indicators

Byrna Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Byrna Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Byrna Technologies Corporate Filings

10Q
9th of July 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
24th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
5th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
28th of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
21st of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
20th of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F3
9th of May 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
8K
30th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Byrna Technologies Forecast Models

Byrna Technologies' time-series forecasting models are one of many Byrna Technologies' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Byrna Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Byrna Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Byrna Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Byrna shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Byrna Technologies. By using and applying Byrna Stock analysis, traders can create a robust methodology for identifying Byrna entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.17)(0.18)
Operating Profit Margin(0.16)(0.17)
Net Loss(0.17)(0.18)
Gross Profit Margin 0.50  0.31 

Current Byrna Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Byrna analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Byrna analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
8.88Strong Buy2Odds
Byrna Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Byrna analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Byrna stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Byrna Technologies, talking to its executives and customers, or listening to Byrna conference calls.
Byrna Analyst Advice Details

Byrna Stock Analysis Indicators

Byrna Technologies stock analysis indicators help investors evaluate how Byrna Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Byrna Technologies shares will generate the highest return on investment. By understating and applying Byrna Technologies stock analysis, traders can identify Byrna Technologies position entry and exit signals to maximize returns.
Begin Period Cash Flow20.1 M
Common Stock Shares Outstanding21.9 M
Total Stockholder Equity42.3 M
Tax Provision165 K
Property Plant And Equipment Net6.8 M
Cash And Short Term Investments20.5 M
Cash20.5 M
Accounts Payable2.6 M
Net Debt-18.6 M
50 Day M A11.3526
Total Current Liabilities8.6 M
Other Operating Expenses50.4 M
Non Current Assets Total14.1 M
Forward Price Earnings24.7525
Non Currrent Assets Other28 K
Stock Based Compensation5.4 M

Additional Information and Resources on Investing in Byrna Stock

When determining whether Byrna Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Byrna Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Byrna Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Byrna Technologies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Byrna Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Byrna Technologies. If investors know Byrna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Byrna Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.13)
Revenue Per Share
2.689
Quarterly Revenue Growth
0.761
Return On Assets
(0.03)
Return On Equity
(0.06)
The market value of Byrna Technologies is measured differently than its book value, which is the value of Byrna that is recorded on the company's balance sheet. Investors also form their own opinion of Byrna Technologies' value that differs from its market value or its book value, called intrinsic value, which is Byrna Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Byrna Technologies' market value can be influenced by many factors that don't directly affect Byrna Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Byrna Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Byrna Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Byrna Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.