Is Byrna Technologies Stock a Good Investment?
Byrna Technologies Investment Advice | BYRN |
- Examine Byrna Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Byrna Technologies' leadership team and their track record. Good management can help Byrna Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Byrna Technologies' business and its evolving consumer preferences.
- Compare Byrna Technologies' performance and market position to its competitors. Analyze how Byrna Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Byrna Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Byrna Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Byrna Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Byrna Technologies is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Byrna Technologies Stock
Researching Byrna Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 21.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. Byrna Technologies had 1:10 split on the 27th of April 2021.
To determine if Byrna Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Byrna Technologies' research are outlined below:
| Byrna Technologies is way too risky over 90 days horizon | |
| Byrna Technologies appears to be risky and price may revert if volatility continues | |
| 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: Pre-announcement of Higher Revenue Lifted Byrna Technologies Inc. in Q3 |
Byrna Technologies Quarterly Cash And Short Term Investments |
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Byrna Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Byrna Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Byrna Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 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 |
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. Below are the table of largest EPS Surprises Byrna Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-10-09 | 2024-08-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2023-02-09 | 2022-11-30 | 0.07 | 0.06 | -0.01 | 14 | ||
2022-07-07 | 2022-05-31 | -0.04 | -0.05 | -0.01 | 25 | ||
2022-02-11 | 2021-11-30 | -0.05 | -0.06 | -0.01 | 20 | ||
2023-04-14 | 2023-02-28 | -0.04 | -0.02 | 0.02 | 50 | ||
2023-07-11 | 2023-05-31 | 0.01 | 0.04 | 0.03 | 300 | ||
2022-10-03 | 2022-08-31 | 0.02 | -0.01 | -0.03 | 150 | ||
2022-04-06 | 2022-02-28 | -0.1 | -0.07 | 0.03 | 30 |
Know Byrna Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Byrna Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Byrna Technologies backward and forwards among themselves. Byrna Technologies' institutional investor refers to the entity that pools money to purchase Byrna Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | M&t Bank Corp | 2024-06-30 | 169 K | Bank Of New York Mellon Corp | 2024-06-30 | 146.6 K | Northern Trust Corp | 2024-09-30 | 140.1 K | Renaissance Technologies Corp | 2024-09-30 | 139.7 K | Trexquant Investment Lp | 2024-06-30 | 136.7 K | Sound View Wealth Advisors, Llc | 2024-09-30 | 106.4 K | Raymond James & Associates | 2024-09-30 | 100.3 K | Qube Research & Technologies | 2024-06-30 | 91 K | Deerfield Management Co | 2024-09-30 | 85 K | Fmr Inc | 2024-09-30 | 1.7 M | Blackrock Inc | 2024-06-30 | 1.2 M |
Byrna Technologies' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 434.52 M.Market Cap |
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Byrna Technologies' profitablity analysis
| Last Reported | Projected 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) |
Determining Byrna Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Byrna Technologies is a good buy. For example, gross profit margin measures Byrna Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Byrna Technologies' profitability and make more informed investment decisions.
Byrna Technologies' Earnings Breakdown by Geography
Evaluate Byrna Technologies' management efficiency
Byrna Technologies has return on total asset (ROA) of 0.0197 % which means that it generated a profit of $0.0197 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0528 %, meaning that it created $0.0528 on every $100 dollars invested by stockholders. 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 1st of December 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' Other Assets are very stable compared to the past year. As of the 1st of December 2024, Asset Turnover is likely to grow to 0.77, while Intangible Assets are likely to drop about 2.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.74 | 1.82 | |
| Tangible Book Value Per Share | 1.50 | 1.57 | |
| Enterprise Value Over EBITDA | (19.31) | (20.28) | |
| Price Book Value Ratio | 2.73 | 2.86 | |
| Enterprise Value Multiple | (19.31) | (20.28) | |
| Price Fair Value | 2.73 | 2.86 | |
| Enterprise Value | 98.7 M | 103.6 M |
The strategic initiatives led by Byrna Technologies' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 1.719 |
Basic technical analysis of Byrna Stock
As of the 1st of December, Byrna Technologies shows the Downside Deviation of 5.31, risk adjusted performance of 0.1217, and Mean Deviation of 4.89. 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' 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 Corporate 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Byrna Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Byrna Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1217 | |||
| Market Risk Adjusted Performance | 1.65 | |||
| Mean Deviation | 4.89 | |||
| Semi Deviation | 4.81 | |||
| Downside Deviation | 5.31 | |||
| Coefficient Of Variation | 678.08 | |||
| Standard Deviation | 7.21 | |||
| Variance | 52.0 | |||
| Information Ratio | 0.1284 | |||
| Jensen Alpha | 0.9715 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.1744 | |||
| Treynor Ratio | 1.64 | |||
| Maximum Drawdown | 54.21 | |||
| Value At Risk | (7.25) | |||
| Potential Upside | 11.96 | |||
| Downside Variance | 28.19 | |||
| Semi Variance | 23.13 | |||
| Expected Short fall | (5.76) | |||
| Skewness | 2.0 | |||
| Kurtosis | 9.97 |
| Risk Adjusted Performance | 0.1217 | |||
| Market Risk Adjusted Performance | 1.65 | |||
| Mean Deviation | 4.89 | |||
| Semi Deviation | 4.81 | |||
| Downside Deviation | 5.31 | |||
| Coefficient Of Variation | 678.08 | |||
| Standard Deviation | 7.21 | |||
| Variance | 52.0 | |||
| Information Ratio | 0.1284 | |||
| Jensen Alpha | 0.9715 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.1744 | |||
| Treynor Ratio | 1.64 | |||
| Maximum Drawdown | 54.21 | |||
| Value At Risk | (7.25) | |||
| Potential Upside | 11.96 | |||
| Downside Variance | 28.19 | |||
| Semi Variance | 23.13 | |||
| Expected Short fall | (5.76) | |||
| Skewness | 2.0 | |||
| Kurtosis | 9.97 |
Consider Byrna Technologies' intraday 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.
| Accumulation Distribution | 0.0393 | |||
| Daily Balance Of Power | 0.359 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 19.47 | |||
| Day Typical Price | 19.42 | |||
| Market Facilitation Index | 0.78 | |||
| Period Momentum Indicator | 0.28 |
Byrna Technologies Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 19th of November 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 |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 12th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Byrna Stock media impact
Far too much social signal, news, headlines, and media speculation about Byrna Technologies that are available to investors today. That information is available publicly through Byrna media outlets and privately through word of mouth or via Byrna internal channels. However, regardless of the origin, that massive amount of Byrna data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Byrna Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Byrna Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Byrna Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Byrna Technologies alpha.
Byrna Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Byrna Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Byrna Technologies Corporate Management
| Lisa Wager | Chief Secretary | Profile | |
| Andy Pollack | Chief Officer | Profile | |
| David Schultz | Chief Officer | Profile | |
| Andre Buys | Chief Officer | Profile | |
| Chief Boatman | Chief Officer | Profile | |
| Sandra Driscoll | Chief Officer | Profile | |
| Laurilee Kearnes | Chief Officer | Profile |
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 0.11 | Revenue Per Share 3.281 | Quarterly Revenue Growth 1.943 | Return On Assets 0.0197 | Return On Equity 0.0528 |
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.
In summary, please note that there is a difference between Byrna Technologies' value and its price, as these two are different measures arrived at by various 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.