Byrna Technologies (US:BYRN) Benzingaยท2024-10-07 07:18Core Insights - Byrna Technologies Inc. is set to release its third-quarter earnings results on October 9, with analysts expecting earnings of 5 cents per share compared to a loss of 12 cents per share in the same quarter last year [1][2] - The company is projected to report revenue of $20.8 million for the quarter, exceeding previous estimates [2] - Byrna Technologies shares increased by 9.4%, closing at $18.95 on the preceding Friday [2] Analyst Ratings - Roth MKM analyst Matt Koranda initiated coverage with a Buy rating and a price target of $14 on August 28, achieving an accuracy rate of 65% [2] - Ladenburg Thalmann analyst Jon Hickman maintained a Buy rating and raised the price target from $12.75 to $16.25 on April 9, with an accuracy rate of 64% [2] - B. Riley Securities analyst Jeff Van Sinderen reiterated a Buy rating and increased the price target from $14 to $17 on April 8, holding an accuracy rate of 75% [2] - Raymond James analyst Brian Gesuale downgraded the stock from Strong Buy to Market Perform on September 27, with an accuracy rate of 73% [2] Consensus Price Target - The consensus price target for Byrna Technologies is $15.75 based on the ratings of five analysts, with the highest target being $17 from B. Riley Securities on April 8, 2024 [3]