Byrna Technologies Stock Buy Hold or Sell Recommendation
| BYRN Stock | USD 27.04 3.65 11.89% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Byrna Technologies is 'Cautious Hold'. The recommendation algorithm takes into account all of Byrna Technologies' available fundamental, technical, and predictive indicators you will find on this site.
Check out Byrna Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide. In addition, we conduct extensive research on individual companies such as Byrna and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Byrna Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Byrna |
Execute Byrna Technologies Buy or Sell Advice
The Byrna recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Byrna Technologies. Macroaxis does not own or have any residual interests in Byrna Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Byrna Technologies' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Solid | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Byrna Technologies Trading Alerts and Improvement Suggestions
| Byrna Technologies is way too risky over 90 days horizon | |
| Byrna Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 42.64 M. Net Loss for the year was (8.19 M) with profit before overhead, payroll, taxes, and interest of 44.26 M. | |
| About 21.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Byrna Technologies Stock Hits All-Time High at 32.41 Amid Surge - Investing.com |
Byrna Technologies Returns Distribution Density
The distribution of Byrna Technologies' historical returns is an attempt to chart the uncertainty of Byrna Technologies' future price movements. The chart of the probability distribution of Byrna Technologies daily returns describes the distribution of returns around its average expected value. We use Byrna Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Byrna Technologies returns is essential to provide solid investment advice for Byrna Technologies.
| Mean Return | 0.97 | Value At Risk | -6.47 | Potential Upside | 8.05 | Standard Deviation | 4.96 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Byrna Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Byrna Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Byrna Technologies, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Byrna Technologies back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Manatuck Hill Partners Llc | 2024-09-30 | 150 K | Northern Trust Corp | 2024-09-30 | 140.1 K | Renaissance Technologies Corp | 2024-09-30 | 139.7 K | Bank Of New York Mellon Corp | 2024-09-30 | 135.5 K | M&t Bank Corp | 2024-09-30 | 113.6 K | Sound View Wealth Advisors, Llc | 2024-09-30 | 106.4 K | Raymond James & Associates | 2024-09-30 | 100.3 K | Deerfield Management Co | 2024-09-30 | 85 K | Aqr Capital Management Llc | 2024-09-30 | 81 K | Fmr Inc | 2024-09-30 | 1.7 M | Blackrock Inc | 2024-09-30 | 1.2 M |
Byrna Technologies Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 8.5M | 46.7M | (36.3M) | 430K | 494.5K | 469.8K | |
| Free Cash Flow | 1.0M | (6.3M) | (17.1M) | 3.0M | 2.7M | 2.8M | |
| Other Non Cash Items | 1.3M | 253K | 580K | 2.8M | 3.2M | 3.3M | |
| Capital Expenditures | 1.5M | 1.8M | 3.3M | 903K | 1.0M | 1.1M | |
| Net Income | (12.6M) | (3.3M) | (7.9M) | (8.2M) | (7.4M) | (7.0M) | |
| End Period Cash Flow | 9.7M | 56.4M | 20.1M | 20.5M | 23.6M | 24.8M | |
| Depreciation | 242.1K | 487K | 855K | 1.3M | 1.5M | 1.5M | |
| Change To Inventory | (4.5M) | (1.4M) | (9.2M) | 542K | 487.8K | 512.2K | |
| Change To Netincome | 713.1K | 8.3M | 3.2M | 5.8M | 6.7M | 7.1M | |
| Investments | (2.0M) | (5.9M) | (5.1M) | (3.0M) | (2.7M) | (2.8M) |
Byrna Technologies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Byrna Technologies or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Byrna Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Byrna stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.92 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 5.04 | |
Ir | Information ratio | 0.18 |
Byrna Technologies Volatility Alert
Byrna Technologies exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Byrna Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Byrna Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Byrna Technologies Fundamentals Vs Peers
Comparing Byrna Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Byrna Technologies' direct or indirect competition across all of the common fundamentals between Byrna Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Byrna Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Byrna Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Byrna Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Byrna Technologies to competition |
| Fundamentals | Byrna Technologies | Peer Average |
| Return On Equity | 0.0528 | -0.31 |
| Return On Asset | 0.0197 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 672.3 M | 16.62 B |
| Shares Outstanding | 22.48 M | 571.82 M |
| Shares Owned By Insiders | 20.83 % | 10.09 % |
| Shares Owned By Institutions | 49.91 % | 39.21 % |
| Number Of Shares Shorted | 2.45 M | 4.71 M |
| Price To Earning | (7.53) X | 28.72 X |
| Price To Book | 15.49 X | 9.51 X |
| Price To Sales | 8.28 X | 11.42 X |
| Revenue | 42.64 M | 9.43 B |
| Gross Profit | 44.26 M | 27.38 B |
| EBITDA | (6.53 M) | 3.9 B |
| Net Income | (8.19 M) | 570.98 M |
| Cash And Equivalents | 24.46 M | 2.7 B |
| Cash Per Share | 1.10 X | 5.01 X |
| Total Debt | 1.9 M | 5.32 B |
| Debt To Equity | 0.05 % | 48.70 % |
| Current Ratio | 5.22 X | 2.16 X |
| Book Value Per Share | 1.98 X | 1.93 K |
| Cash Flow From Operations | 3.89 M | 971.22 M |
| Short Ratio | 4.85 X | 4.00 X |
| Earnings Per Share | 0.11 X | 3.12 X |
| Target Price | 25.63 | |
| Number Of Employees | 106 | 18.84 K |
| Beta | 1.72 | -0.15 |
| Market Capitalization | 607.83 M | 19.03 B |
| Total Asset | 52.31 M | 29.47 B |
| Retained Earnings | (69.58 M) | 9.33 B |
| Working Capital | 29.55 M | 1.48 B |
| Current Asset | 2.04 M | 9.34 B |
Note: Disposition of 21918 shares by Rooney Emily of Byrna Technologies subject to Rule 16b-3 [view details]
Byrna Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Byrna . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Byrna Technologies Buy or Sell Advice
When is the right time to buy or sell Byrna Technologies? Buying financial instruments such as Byrna Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Byrna Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Byrna Technologies. If investors know Byrna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Byrna Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.11 | Revenue Per Share | Quarterly Revenue Growth 1.943 | Return On Assets | Return On Equity |
The market value of Byrna Technologies is measured differently than its book value, which is the value of Byrna that is recorded on the company's balance sheet. Investors also form their own opinion of Byrna Technologies' value that differs from its market value or its book value, called intrinsic value, which is Byrna Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Byrna Technologies' market value can be influenced by many factors that don't directly affect Byrna Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Byrna Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Byrna Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Byrna Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.