Byrna Technologies (BYRN) to Release Quarterly Earnings on Wednesday

Byrna Technologies (NASDAQ:BYRN) is set to issue its quarterly earnings data before the market opens on Wednesday, October 9th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Byrna Technologies (NASDAQ:BYRN) last issued its quarterly earnings data on Tuesday, July 9th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.10. Byrna Technologies had a negative return on equity of 6.34% and a negative net margin of 4.74%. The business had revenue of $20.27 million during the quarter, compared to analysts’ expectations of $20.29 million. On average, analysts expect Byrna Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Byrna Technologies Trading Down 7.2 %

Shares of NASDAQ BYRN opened at $17.59 on Tuesday. Byrna Technologies has a twelve month low of $2.52 and a twelve month high of $19.42. The stock has a fifty day simple moving average of $13.03 and a 200-day simple moving average of $12.29. The stock has a market capitalization of $400.65 million, a PE ratio of -138.21 and a beta of 1.69.

Insiders Place Their Bets

In other Byrna Technologies news, CEO Bryan Ganz sold 17,442 shares of Byrna Technologies stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $15.40, for a total transaction of $268,606.80. Following the completion of the sale, the chief executive officer now directly owns 460,617 shares of the company’s stock, valued at $7,093,501.80. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Byrna Technologies news, CEO Bryan Ganz sold 17,442 shares of Byrna Technologies stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $15.40, for a total transaction of $268,606.80. Following the completion of the sale, the chief executive officer now directly owns 460,617 shares of the company’s stock, valued at $7,093,501.80. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Lisa Wager sold 2,450 shares of Byrna Technologies stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $17.01, for a total value of $41,674.50. Following the sale, the insider now directly owns 224,555 shares of the company’s stock, valued at $3,819,680.55. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 54,416 shares of company stock valued at $820,581 in the last ninety days. Insiders own 8.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on BYRN shares. Roth Capital upgraded Byrna Technologies to a “strong-buy” rating in a report on Wednesday, August 28th. Roth Mkm started coverage on Byrna Technologies in a report on Wednesday, August 28th. They issued a “buy” rating and a $14.00 target price for the company. Three research analysts have rated the stock with a buy rating and one has issued 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 $15.75.

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.