Company Performance - Byrna Technologies Inc. shares have increased by 33.9% over the past month and have gained 212.8% since the beginning of the year, outperforming the Zacks Business Services sector (26.1%) and the Zacks Technology Services industry (55.3%) [1] - The stock reached a new 52-week high of $22.12 in the previous session [1] Earnings and Revenue - Byrna Technologies reported EPS of $0.04 in its last earnings report on October 9, 2024, beating the consensus estimate of $-0.01 and exceeding the revenue estimate by 0.15% [2] - For the current fiscal year, the company is expected to post earnings of $0.17 per share on revenues of $81.91 million, reflecting a 194.44% change in EPS and a 92.08% change in revenues [3] - For the next fiscal year, earnings are projected to be $0.20 per share on revenues of $97.3 million, indicating year-over-year changes of 17.65% and 18.79%, respectively [3] Valuation Metrics - Byrna Technologies has a Value Score of D, a Growth Score of A, and a Momentum Score of B, resulting in a VGM Score of B [6] - The stock trades at 117.6X current fiscal year EPS estimates, which is a premium compared to the peer industry average of 27.1X [7] - On a trailing cash flow basis, the stock trades at 5X versus the peer group's average of 12.4X [7] Zacks Rank - Byrna Technologies holds a Zacks Rank of 2 (Buy) due to favorable earnings estimate revisions from analysts [8] - The company meets the criteria for investors looking for stocks with Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, indicating potential for future growth [9] Industry Comparison - The Technology Services industry is in the top 26% of all industries, suggesting favorable conditions for Byrna Technologies and its peers [12] - CoreCard Corporation, a peer in the industry, has also shown strong performance with a Zacks Rank of 2 (Buy) and a significant earnings beat of 76.47% in the last quarter [10][11]

Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting the need for strong fundamentals and positive earnings revisions to maintain momentum [1][2]. Group 1: Stock Performance - Byrna Technologies Inc. (BYRN) has shown a solid price increase of 59.4% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 20.7% in the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, BYRN is trading at 82.8% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - BYRN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The article suggests using the "Recent Price Strength" screen to identify stocks like BYRN that are on an uptrend supported by strong fundamentals [3][8]. - It also mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can help investors find winning stock picks [8].

Core Insights - Byrna Technologies Inc. (BYRN) is experiencing solid improvement in earnings estimates, which may lead to continued short-term price momentum [1][7] - The rising trend in estimate revisions reflects growing analyst optimism regarding the company's earnings prospects, which is expected to positively impact its stock price [2][3] Current-Quarter Estimate Revisions - For the current quarter, Byrna Technologies is expected to earn $0.04 per share, representing a 300% increase from the same period last year [4] - Over the last 30 days, the Zacks Consensus Estimate for the company has increased by 75%, with two estimates moving higher and no negative revisions [4] Current-Year Estimate Revisions - For the full year, the expected earnings per share is $0.17, indicating a year-over-year change of 194.44% [5] - The consensus estimate has risen by 61.9% over the past month, with one estimate moving up and no negative revisions [5] Zacks Rank - Byrna Technologies has achieved a Zacks Rank of 2 (Buy), indicating favorable estimate revisions that may help investors make informed decisions [6] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [6] Bottom Line - The stock has gained 10.6% over the past four weeks, driven by solid estimate revisions, suggesting potential for further earnings growth [7]

Byrna Technologies Inc. (BYRN) closed the last trading session at $15.94, gaining 10.6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $22.25 indicates a 39.6% upside potential.The average comprises three short-term price targets ranging from a low of $20 to a high of $25, with a standard deviation of $2.54. While the lowest estimate indicates an increase of 25.5% from the current ...

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Byrna Technologies Inc. (BYRN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Byrna Technologies Inc. is a member of the Business Services sector. This group includes 309 individual stocks and curre ...

SAN DIEGO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether The Baldwin Insurance Group, Inc. (NASDAQ: BWIN) (“Baldwin” or the “Company”) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. On October 30, 2024, Blue Orca issued a report questioning Baldwin’s financial reporting practices. The report states that “Baldwin engages in questionable ...

SAN DIEGO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Byrna Technologies Inc. (NASDAQ: BYRN) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. On October 29, 2024, Bonitas Research issued a report questioning Byrna's primary sales channels, sales growth, and profitability. The report states that "Byrna's earnings call highlighted the s ...

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Byrna Technologies Inc. (BYRN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Byrna Technologies Inc. is one of 312 companies in t ...

Byrna Technologies Inc. (BYRN) has seen a remarkable rise in its stock price, soaring 142.6% this year compared to the broader industry's 32.4% growth.This contrasts sharply with the performance of other smallcap service providers like FuelCell Energy (FCEL) , down 79.2%, and Ballard Power Systems (BLDP) , which saw a 55.6% decline during the same period. Zacks Investment Research Image Source: Key drivers behind Byrna's success include high-profile celebrity endorsements, expanded retail presence, and stra ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File No. 333-132456 Byrna Technologies Inc. (Exact name of registrant as specified in its charter) Delaware 71-1050654 (State or other ju ...