Byrna Technologies, Inc. (BYRN, Financial) has introduced its latest innovation, the Byrna Compact Launcher, a highly concealable and less-lethal option for personal defense. Starting April 24, customers can place orders for this new product, with deliveries scheduled to commence on May 1.
The Byrna Compact Launcher, weighing only 0.76 pounds and measuring 6.81 inches in length, is designed for ease of carrying. Despite its small size, it boasts the same energy impact as the company’s most advanced model, the Byrna LE. It features a sleek design that allows for quick unholstering and compatibility with red dot sights to improve targeting accuracy.
Priced with a base manufacturer's suggested retail price of $549.99, the compact device is poised to attract those seeking a discreet, everyday carry option. Customers can order directly from Byrna Technologies and through authorized dealers, ensuring convenient access to the new product ahead of its official shipment date on May 1.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Byrna Technologies Inc (BYRN, Financial) is $35.63 with a high estimate of $38.00 and a low estimate of $33.00. The average target implies an upside of 76.71% from the current price of $20.16. More detailed estimate data can be found on the Byrna Technologies Inc (BYRN) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Byrna Technologies Inc's (BYRN, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Byrna Technologies Inc (BYRN, Financial) in one year is $21.94, suggesting a upside of 8.83% from the current price of $20.16. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Byrna Technologies Inc (BYRN) Summary page.
