Latest news with #BYRN
Yahoo
9 hours ago
- Business
- Yahoo
Why Byrna Technologies (BYRN) Could Beat Earnings Estimates Again
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Byrna Technologies Inc. (BYRN). This company, which is in the Zacks Technology Services industry, shows potential for another earnings beat. This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 245%. For the most recent quarter, Byrna Technologies was expected to post earnings of $0.02 per share, but it reported $0.07 per share instead, representing a surprise of 250%. For the previous quarter, the consensus estimate was $0.05 per share, while it actually produced $0.17 per share, a surprise of 240%. With this earnings history in mind, recent estimates have been moving higher for Byrna Technologies. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Byrna Technologies has an Earnings ESP of +55.56% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner. With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss. Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Byrna Technologies Inc. (BYRN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
10 hours ago
- Business
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Are You Looking for a Top Momentum Pick? Why Byrna Technologies Inc. (BYRN) is a Great Choice
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Byrna Technologies Inc. (BYRN), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Byrna Technologies Inc. Currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if BYRN is a promising momentum pick, let's examine some Momentum Style elements to see if this company holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For BYRN, shares are up 17.59% over the past week while the Zacks Technology Services industry is up 2.06% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 45.88% compares favorably with the industry's 1.39% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Shares of Byrna Technologies Inc. Have increased 50.36% over the past quarter, and have gained 183.45% in the last year. In comparison, the S&P 500 has only moved 4.9% and 13.46%, respectively. Investors should also take note of BYRN's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, BYRN is averaging 414,834 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with BYRN. Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost BYRN's consensus estimate, increasing from $0.31 to $0.35 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that BYRN is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Byrna Technologies Inc. On your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Byrna Technologies Inc. (BYRN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
28-05-2025
- Business
- Yahoo
QFIN Vs BYRN: Which Niche Tech Stock Belongs in Your Portfolio?
Both Qifu Technology, Inc. QFIN and Byrna Technologies Inc. BYRN are lesser-known tech companies. While QFIN is a Chinese AI-driven consumer finance company, BYRN operates in the non-lethal self-defense technology sector, offering innovations and high growth potential. Despite their obscurity, these companies cater to a significantly tech-savvy user base. The comparative analysis of these two companies could benefit investors interested in low-profile tech stocks. QFIN relies on technological advancements to power its risk management practices. The company's AI + Finance strategy is changing the whole dynamic of credit services. In the first quarter of 2025, QFIN reported 15.8% year-over-year growth in loan origination, and its registered user base increased 11.1%. This improvement is led by the company's industry-first Intelligent Agent for Core Credit Business — a system of smart modules that streamline operations, improve risk management and create bespoke financial services. The company utilizes AI models to evaluate vast datasets to identify creditworthy individuals and small and medium enterprises, expanding its customer base while reducing defaults. Qifu Technology has improved its risk metrics by upgrading application and collection scorecards with AI, including LLMs, for real-time user communication data analysis and refinement of partner management. AI and big data are huge parts of QFIN's user acquisition strategy. The company's AI-led marketing strategy has improved its user profiling accuracy across channels, with a conversion rate of new credit line users to new borrowers growing 33% from the year-ago quarter in the first quarter of 2025. Finally, Qifu Technologyutilizes intelligent credit engine technology to operate a light capital model, contributing to its profitability and scalability. BYRN's technological advancements contribute to enhancing its product performance and appeal. The company's patented 'first-shot, pull-pierce' technology ensures that the Byrna launcher is ready to use all the time, addressing major drawbacks of other CO2-led devices. Reliability as such is a massive selling point for personal safety, making the product more appealing to customers and law enforcement, improving brand trust. Byrna Technologies' blunt impact projectile, a patented energy absorption system, is less lethal yet efficient, which is crucial for the company's target markets and sets it apart from competitors. The company employs technology to create designs that are miniature and user-friendly, thereby expanding the market for its products. This strategy enhances accessibility and convenience for a diverse range of users, including those who are uneasy with traditional ammunition. Furthermore, the company is boosting production and is preparing the initiation of its Compact Launcher in mid-2025. Byrna Technologies has augmented launcher production by 33% in the first quarter of 2025, touching 24,000 units per month to meet the increasing market demand and fuel operational expansion. Shifting ammunition production domestically is improving its supply chain and is anticipated to enhance product margins. These technological investments and market initiatives are estimated to drive growth throughout 2025 and in the future, positioning the company for prolonged success. The Zacks Consensus Estimate for Byrna Technologies' fiscal 2025 sales is pegged at $111.7 million, suggesting 30.2% year-over-year growth. The consensus estimate for earnings is pegged at 35 cents, indicating a 12.9% rise from the preceding year's actual. Two estimates for fiscal 2025 have moved north in the past 60 days versus no southward revisions. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Qifu Technology's 2025 sales is pegged at $2.6 billion, implying 7.6% year-over-year growth. The consensus estimate for earnings is pegged at $6.94 per share, indicating 22.6% year-over-year growth. One estimate for 2025 has moved north in the past 60 days versus no southward revisions. Image Source: Zacks Investment Research QFIN's forward earnings multiple is 61.74X, lower than its 12-month median of 92.59X. BYRN's 5.83X is slightly lower than its median of 5.84X. Image Source: Zacks Investment Research Qifu Technology and Byrna Technologies are impressive tech stocks. While QFIN leverages technology by providing credit access to customers, BYRN utilizes technical advancements to design and manufacture less-lethal personal security solutions. BYRN appears to be a more compelling investment option since the personal security device market holds untapped potential, mainly compared with the fintech market, which is competitive and more mature. Furthermore, BYRN, a fundamentally strong stock, is significantly cheaper than QFIN, making it a more compelling opportunity for growth-focused investors today. Byrna Technologies and Qifu Technology both have a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Qifu Technology, Inc. (QFIN) : Free Stock Analysis Report Byrna Technologies Inc. (BYRN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
22-05-2025
- Business
- Yahoo
3 Reasons We Love Byrna (BYRN)
Byrna currently trades at $23.50 and has been a dream stock for shareholders. It's returned 460% since May 2020, blowing past the S&P 500's 97.3% gain. The company has also beaten the index over the past six months as its stock price is up 10.3% thanks to its solid quarterly results. Is now still a good time to buy BYRN? Or is this a case of a company fueled by heightened investor enthusiasm? Find out in our full research report, it's free. Providing civilians with tools to disable, disarm, and deter would-be assailants, Byrna (NASDAQ:BYRN) is a provider of non-lethal weapons. Examining a company's long-term performance can provide clues about its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Thankfully, Byrna's 146% annualized revenue growth over the last five years was incredible. Its growth surpassed the average industrials company and shows its offerings resonate with customers. Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending on advertising and promotions. Byrna's full-year EPS flipped from negative to positive over the last five years. This is a good sign and shows it's at an inflection point. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. As you can see below, Byrna's margin expanded by 14.3 percentage points over the last five years. Byrna's free cash flow margin for the trailing 12 months was breakeven. These are just a few reasons why we think Byrna is a great business, and with its shares outperforming the market lately, the stock trades at 37.3× forward EV-to-EBITDA (or $23.50 per share). Is now the time to initiate a position? See for yourself in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-03-2025
- Business
- Yahoo
What Does Byrna Technologies Inc.'s (NASDAQ:BYRN) Share Price Indicate?
While Byrna Technologies Inc. (NASDAQ:BYRN) might not have the largest market cap around , it received a lot of attention from a substantial price movement on the NASDAQCM over the last few months, increasing to US$34.19 at one point, and dropping to the lows of US$18.19. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Byrna Technologies' current trading price of US$18.21 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Byrna Technologies's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. The share price seems sensible at the moment according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Byrna Technologies's ratio of 32.24x is trading slightly below its industry peers' ratio of 32.24x, which means if you buy Byrna Technologies today, you'd be paying a decent price for it. And if you believe Byrna Technologies should be trading in this range, then there isn't much room for the share price to grow beyond the levels of other industry peers over the long-term. So, is there another chance to buy low in the future? Given that Byrna Technologies's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us an opportunity to buy later on. This is based on its high beta, which is a good indicator for share price volatility. See our latest analysis for Byrna Technologies Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Byrna Technologies' earnings over the next few years are expected to increase by 54%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? It seems like the market has already priced in BYRN's positive outlook, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at BYRN? Will you have enough confidence to invest in the company should the price drop below the industry PE ratio? Are you a potential investor? If you've been keeping an eye on BYRN, now may not be the most optimal time to buy, given it is trading around industry price multiples. However, the positive outlook is encouraging for BYRN, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. If you'd like to know more about Byrna Technologies as a business, it's important to be aware of any risks it's facing. Case in point: We've spotted 2 warning signs for Byrna Technologies you should be aware of. If you are no longer interested in Byrna Technologies, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
