How Byrna Technologies Inc (NASDAQ: BYRN) Could Be A Loss Maker Since It Is Up 13.85% YTD?

During the last session, Byrna Technologies Inc (NASDAQ:BYRN)’s traded shares were 0.49 million, with the beta value of the company hitting 1.61. At the end of the trading day, the stock’s price was $32.80, reflecting an intraday loss of -0.12% or -$0.04. The 52-week high for the BYRN share is $34.78, that puts it down -6.04 from that peak though still a striking 76.25% gain since the share price plummeted to a 52-week low of $7.79. The company’s market capitalization is $742.82M, and the average intraday trading volume over the past 10 days was 0.8 million shares, and the average trade volume was 557.93K shares over the past three months.

Byrna Technologies Inc (BYRN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. BYRN has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.01.

Byrna Technologies Inc (NASDAQ:BYRN) trade information

Byrna Technologies Inc (BYRN) registered a -0.12% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.12% in intraday trading to $32.80, hitting a weekly high. The stock’s 5-day price performance is 10.66%, and it has moved by 18.93% in 30 days. Based on these gigs, the overall price performance for the year is 232.32%. The short interest in Byrna Technologies Inc (NASDAQ:BYRN) is 2.42 million shares and it means that shorts have 5.73 day(s) to cover.

The consensus price target of analysts on Wall Street is $23, which implies a decrease of -42.61% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $16.25 and $25 respectively. As a result, BYRN is trading at a premium of 23.78% off the target high and 50.46% off the low.

Byrna Technologies Inc (BYRN) estimates and forecasts

In the rating firms’ projections, revenue will increase 26.37% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 22.38M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 24.93M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 16.65M and 20.27M respectively. In this case, analysts expect current quarter sales to grow by 34.40% and then jump by 22.97% in the coming quarter.

While earnings are projected to return -25.45% in 2025.

BYRN Dividends

Byrna Technologies Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Byrna Technologies Inc (NASDAQ:BYRN)’s Major holders

Byrna Technologies Inc insiders own 21.36% of total outstanding shares while institutional holders control 54.61%, with the float percentage being 69.45%. ARROWMARK COLORADO HOLDINGS LLC is the largest shareholder of the company, while 163.0 institutions own stock in it. As of 2024-06-30, the company held over 1.77 million shares (or 7.7742% of all shares), a total value of $17.63 million in shares.

The next largest institutional holding, with 1.16 million shares, is of BLACKROCK INC.’s that is approximately 5.2675% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $11.58 million.

Also, the Mutual Funds coming in first place with the largest holdings of Byrna Technologies Inc (BYRN) shares are Fidelity Advisor Multi-Asset Income Fund and Vanguard Total Stock Market Index Fund . Data provided on Dec 31, 2024 indicates that Fidelity Advisor Multi-Asset Income Fund owns about 655.8 shares. This amounts to just over 0.44 percent of the company’s overall shares, with a $21.51 million market value. The same data shows that the other fund manager holds slightly less at 503.35, or about 0.34% of the stock, which is worth about $16.51 million.