In today’s recent session, 0.54 million shares of the Byrna Technologies Inc (NASDAQ:BYRN) have been traded, and its beta is 1.77. Most recently the company’s share price was $20.81, and it changed around $1.75 or 9.16% from the last close, which brings the market valuation of the company to $467.68M. BYRN at last check was trading at a discount to its 52-week high of $19.48, offering almost 6.39% off that amount. The share price’s 52-week low was $5.09, which indicates that the recent value has risen by an impressive 75.54% since then. We note from Byrna Technologies Inc’s average daily trading volume that its 10-day average is 0.5 million shares, with the 3-month average coming to 530.38K.
Byrna Technologies Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended BYRN as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Byrna Technologies Inc is expected to report earnings per share of 0.04 for the current quarter.
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Byrna Technologies Inc (NASDAQ:BYRN) trade information
Instantly BYRN has been showing a green trend so far today with a performance of 9.16% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 21.00 on recent trading dayincreased the stock’s daily price by 0.9%. The company’s shares are currently up 225.59% year-to-date, but still up 13.19% over the last five days. On the other hand, Byrna Technologies Inc (NASDAQ:BYRN) is 28.58% up in the 30-day period. We can see from the shorts that 2.5 million shares have been sold at a short interest cover period of 4.0 day(s).
The consensus price target as assigned by Wall Street analysts is $18.12, which translates to bulls needing to decrease their stock price by -14.85% from its current value. Analyst projections state that BYRN is forecast to be at a low of $12 and a high of $25.
Byrna Technologies Inc (BYRN) estimates and forecasts
Byrna Technologies Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 86.26 percent over the past six months and at a 194.44% annual growth rate that is well above the industry average of 19.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 780.93% in revenue this quarter, and will report a decrease of -120.43% in the next quarter. The year-over-year growth rate is expected to be 92.56%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 24.33M in revenue for the current quarter. 1 analysts expect Byrna Technologies Inc to make 20.8M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 15.64M and 16.65M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 55.56%. Forecasts for the next quarter put sales growth at 24.89%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -10.39%.
BYRN Dividends
Byrna Technologies Inc’s next quarterly earnings report is expected to be released on 2025-Feb-12.
Byrna Technologies Inc (NASDAQ:BYRN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 20.94% of Byrna Technologies Inc shares, and 43.07% of them are in the hands of institutional investors. The stock currently has a share float of 54.48%. Byrna Technologies Inc stock is held by 141.0 institutions, with ARROWMARK COLORADO HOLDINGS LLC being the largest institutional investor. By 2024-06-30, it held 8.0188% of the shares, which is about 1.77 million shares worth $17.63 million.
BLACKROCK INC., with 5.2675% or 1.16 million shares worth $11.58 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
