Byrna Technologies Inc [NASDAQ: BYRN] surged by $1.55 during the normal trading session on Thursday and reaching a high of $33.44 during the day while it closed the day at $33.18.
Byrna Technologies Inc stock has also gained 7.27% of its value over the past 7 days. However, BYRN stock has inclined by 93.47% in the 3 months of the year. Over the past six months meanwhile, it has gained 9.72% and gained 249.26% year-on date.
The market cap for BYRN stock reached $752.47 million, with 22.67 million shares outstanding and 17.64 million shares in the current float. Compared to the average trading volume of 521.87K shares, BYRN reached a trading volume of 360098 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Byrna Technologies Inc [BYRN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BYRN shares is $35.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BYRN stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
ROTH MKM have made an estimate for Byrna Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 28, 2024. While these analysts kept the previous recommendation, Dawson James raised their target price to Buy. The new note on the price target was released on April 26, 2022, representing the official price target for Byrna Technologies Inc stock. Previously, the target price had yet another raise to $36, while Raymond James analysts kept a Strong Buy rating on BYRN stock.
The Price to Book ratio for the last quarter was 13.23, with the Price to Cash per share for the same quarter was set at 0.85.
BYRN stock trade performance evaluation
Byrna Technologies Inc [BYRN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.27. With this latest performance, BYRN shares gained by 25.16% in over the last four-week period, additionally plugging by 9.72% over the last 6 months – not to mention a rise of 15.17% in the past year of trading.
Byrna Technologies Inc [BYRN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Byrna Technologies Inc [BYRN] shares currently have an operating margin of 9.47% and a Gross Margin at 61.98%. Byrna Technologies Inc’s Net Margin is presently recorded at 15.15%.
Return on Equity for this stock inclined to 23.33%, with Return on Assets sitting at 23.33%.
Earnings per share (EPS) analysis for Byrna Technologies Inc [BYRN] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BYRN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Byrna Technologies Inc go to 16.07%.
Byrna Technologies Inc [BYRN]: Institutional Ownership
There are presently around $59.37%, or 75.09% of BYRN stock, in the hands of institutional investors. The top three institutional holders of BYRN stocks are: ARROWMARK COLORADO HOLDINGS LLC with ownership of 1.77 million shares, which is approximately 7.7742%. BLACKROCK INC., holding 1.16 million shares of the stock with an approximate value of $$11.58 million in BYRN stocks shares; and BLACKROCK INC., currently with $$11.44 million in BYRN stock with ownership which is approximately 5.0419%.
