Byrna Technologies (US:BYRN) ZACKSยท2024-12-12 15:15Company Performance - Byrna Technologies Inc. has seen a stock increase of 26.9% over the past month, reaching a new 52-week high of $25.49, and has gained 278.3% since the start of the year [1] - The company has consistently outperformed earnings expectations, reporting an EPS of $0.04 against a consensus estimate of $-0.01 in its last earnings report on October 9, 2024, and beating revenue estimates by 0.15% [2] Valuation Metrics - Byrna Technologies currently trades at a valuation of 112.4X current fiscal year EPS estimates, significantly higher than the peer industry average of 28X, while on a trailing cash flow basis, it trades at 5X compared to the peer group's average of 13.4X [6] - The stock has a Value Score of D, while its Growth and Momentum Scores are A and B respectively, resulting in a combined VGM Score of B [5] Zacks Rank - Byrna Technologies holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [7] - The recommendation for investors is to select stocks with Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, indicating that Byrna Technologies may have further upside potential in the near term [8] Industry Comparison - The Technology Services industry is performing well, ranking in the top 24% of all industries, suggesting positive market conditions for Byrna Technologies and its peers [11] - Outbrain Inc., a competitor, has a Zacks Rank of 1 (Strong Buy) and has shown strong earnings performance, beating consensus estimates by 450% [9][10]