Byrna Technologies Inc. (BYRN) Soars to 52-Week High, Time to Cash Out?

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]