Research Analysts Offer Predictions for Byrna Technologies Inc.’s Q4 2021 Earnings (OTCMKTS:BYRN)

Byrna Technologies Inc. (OTCMKTS:BYRN) – Stock analysts at B. Riley dropped their Q4 2021 earnings per share estimates for shares of Byrna Technologies in a research report issued on Monday, October 11th. B. Riley analyst J. Van. Sinderen now forecasts that the company will post earnings per share of ($0.08) for the quarter, down from their prior forecast of ($0.02). B. Riley currently has a “Buy” rating and a $36.00 price objective on the stock. B. Riley also issued estimates for Byrna Technologies’ FY2022 earnings at $0.18 EPS.

Several other equities research analysts also recently commented on BYRN. Raymond James decreased their target price on shares of Byrna Technologies from $36.00 to $34.00 and set a “strong-buy” rating for the company in a research report on Monday. Zacks Investment Research upgraded shares of Byrna Technologies from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research note on Tuesday. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $31.00.

BYRN opened at $18.83 on Thursday. Byrna Technologies has a 1-year low of $10.84 and a 1-year high of $30.55. The company has a fifty day moving average price of $24.98 and a two-hundred day moving average price of $23.01.

Byrna Technologies (OTCMKTS:BYRN) last released its earnings results on Thursday, October 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.03). Byrna Technologies had a negative net margin of 4.09% and a positive return on equity of 0.66%.

In other Byrna Technologies news, insider Lisa Wager bought 3,572 shares of Byrna Technologies stock in a transaction that occurred on Tuesday, July 20th. The shares were bought at an average price of $21.00 per share, with a total value of $75,012.00. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO David North purchased 2,381 shares of the company’s stock in a transaction on Tuesday, July 20th. The shares were purchased at an average cost of $21.00 per share, with a total value of $50,001.00. The disclosure for this purchase can be found here. Insiders bought a total of 18,334 shares of company stock worth $385,014 in the last three months. Insiders own 14.81% of the company’s stock.

About Byrna Technologies

Byrna Technologies, Inc engages in the development and manufacturing of less lethal equipment and munitions. The firm’s products include Byrna and SDI. It offers non-lethal weapons for military and law enforcement personnel. The company was founded on March 1, 2005 and is headquartered in Andover, MA.

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