Byrna Technologies Stock Net Income
| BYRN Stock | USD 21.31 1.00 4.92% |
Byrna Technologies fundamentals help investors to digest information that contributes to Byrna Technologies' financial success or failures. It also enables traders to predict the movement of Byrna Stock. The fundamental analysis module provides a way to measure Byrna Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Byrna Technologies stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -7.4 M | -7 M | |
| Net Loss | -7.4 M | -7.7 M | |
| Net Loss | -7.1 M | -7.5 M | |
| Net Loss | (0.34) | (0.35) | |
| Net Income Per E B T | 1.17 | 1.19 |
Byrna | Net Income |
Byrna Technologies Company Net Income Analysis
Byrna Technologies' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Byrna Technologies Net Income | (8.19 M) |
Most of Byrna Technologies' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Byrna Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Byrna Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Byrna Technologies is extremely important. It helps to project a fair market value of Byrna Stock properly, considering its historical fundamentals such as Net Income. Since Byrna Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Byrna Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Byrna Technologies' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Byrna Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Byrna Technologies reported net income of (8.19 Million). This is 103.16% lower than that of the Machinery sector and 100.74% lower than that of the Industrials industry. The net income for all United States stocks is 101.43% higher than that of the company.
Byrna Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Byrna Technologies' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Byrna Technologies could also be used in its relative valuation, which is a method of valuing Byrna Technologies by comparing valuation metrics of similar companies.Byrna Technologies is currently under evaluation in net income category among its peers.
Byrna Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Byrna Technologies from analyzing Byrna Technologies' financial statements. These drivers represent accounts that assess Byrna Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Byrna Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 178.8M | 288.7M | 193.7M | 128.2M | 115.4M | 121.2M | |
| Enterprise Value | 176.9M | 233.4M | 176.2M | 109.6M | 98.7M | 103.6M |
Byrna Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Byrna Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Byrna Technologies' managers, analysts, and investors.Environmental | Governance | Social |
Byrna Technologies Institutional Holders
Institutional Holdings refers to the ownership stake in Byrna Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Byrna Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Byrna Technologies' value.| Shares | M&t Bank Corp | 2024-06-30 | 169 K | Bank Of New York Mellon Corp | 2024-06-30 | 146.6 K | Northern Trust Corp | 2024-09-30 | 140.1 K | Renaissance Technologies Corp | 2024-09-30 | 139.7 K | Trexquant Investment Lp | 2024-06-30 | 136.7 K | Sound View Wealth Advisors, Llc | 2024-09-30 | 106.4 K | Raymond James & Associates | 2024-09-30 | 100.3 K | Qube Research & Technologies | 2024-06-30 | 91 K | Deerfield Management Co | 2024-09-30 | 85 K | Fmr Inc | 2024-09-30 | 1.7 M | Blackrock Inc | 2024-06-30 | 1.2 M |
Byrna Fundamentals
| Return On Equity | 0.0528 | ||||
| Return On Asset | 0.0197 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 461.45 M | ||||
| Shares Outstanding | 22.48 M | ||||
| Shares Owned By Insiders | 20.83 % | ||||
| Shares Owned By Institutions | 43.07 % | ||||
| Number Of Shares Shorted | 2.5 M | ||||
| Price To Earning | (7.53) X | ||||
| Price To Book | 10.76 X | ||||
| Price To Sales | 6.52 X | ||||
| Revenue | 42.64 M | ||||
| Gross Profit | 26.28 M | ||||
| EBITDA | (6.53 M) | ||||
| Net Income | (8.19 M) | ||||
| Cash And Equivalents | 24.46 M | ||||
| Cash Per Share | 1.10 X | ||||
| Total Debt | 1.9 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 5.22 X | ||||
| Book Value Per Share | 1.98 X | ||||
| Cash Flow From Operations | 3.89 M | ||||
| Short Ratio | 4.00 X | ||||
| Earnings Per Share | 0.11 X | ||||
| Target Price | 22.69 | ||||
| Number Of Employees | 106 | ||||
| Beta | 1.72 | ||||
| Market Capitalization | 479.03 M | ||||
| Total Asset | 52.31 M | ||||
| Retained Earnings | (69.58 M) | ||||
| Working Capital | 29.55 M | ||||
| Current Asset | 2.04 M | ||||
| Current Liabilities | 2.89 M | ||||
| Net Asset | 52.31 M |
About Byrna Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Byrna Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Byrna Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Byrna Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Byrna Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Byrna Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Byrna Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Byrna Stock
| 0.77 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.65 | EVTL | Vertical Aerospace Trending | PairCorr |
| 0.57 | HII | Huntington Ingalls | PairCorr |
| 0.42 | HXL | Hexcel Fiscal Year End 22nd of January 2025 | PairCorr |
The ability to find closely correlated positions to Byrna Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Byrna Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Byrna Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Byrna Technologies to buy it.
The correlation of Byrna Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Byrna Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Byrna Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Byrna Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Byrna Technologies Piotroski F Score and Byrna Technologies Altman Z Score analysis. To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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 3.281 | Quarterly Revenue Growth 1.943 | Return On Assets 0.0197 | Return On Equity 0.0528 |
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.