Byrna Technologies Stock Target Price and Analyst Consensus

BYRN Stock  USD 19.05  0.97  4.85%   
The current analyst and expert consensus on Byrna Technologies is Strong Buy, with 3 strong buy opinions. The current projected Byrna Technologies target price consensus is 8.88 with 4 analyst opinions. Check out Macroaxis Advice on Byrna Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.
The most common way Byrna Technologies analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Byrna Technologies executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Byrna Technologies. We encourage you to use your own analysis of Byrna Technologies to validate this buy or sell advice. Byrna Technologies buy-or-sell recommendation module provides average expert sentiment on the projected Byrna Technologies target price to derive its highest and lowest estimates based on projected price volatility of 7.3063.
Lowest Forecast
8.08
Highest Forecast
9.86
Target Price
8.88
As of the 29th of November 2024, Gross Profit is likely to grow to about 28.6 M, while Pretax Profit Margin is likely to drop (0.18). At this time, Byrna Technologies' Cash And Short Term Investments are very stable compared to the past year. As of the 29th of November 2024, Common Stock Total Equity is likely to grow to about 51.1 K, while Short and Long Term Debt Total is likely to drop about 1.5 M.
  
It's important to approach Byrna Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Byrna Technologies price targets

Byrna Technologies' stock target price is an estimate of its future price, usually made by analysts. Using Byrna Technologies' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Byrna Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Byrna Technologies' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Byrna Technologies Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Byrna Technologies is a key component of Byrna Technologies valuation and have some predictive power on the future returns of a Byrna Technologies.
Hype
Prediction
LowEstimatedHigh
11.6118.9226.23
Details
Intrinsic
Valuation
LowRealHigh
6.2913.6020.91
Details
Naive
Forecast
LowNextHigh
10.6617.9725.27
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.040.05
Details

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When determining whether Byrna Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Byrna Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Byrna Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Byrna Technologies Stock:
Check out Macroaxis Advice on Byrna Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.