Added to YB: 2024-10-30
Pitch date: 2024-10-29
BYRN [bearish]
Byrna Technologies Inc.
-21.95%
current return
Author Info
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Company Info
Byrna Technologies Inc., a less-lethal self-defense technology company, develops, manufactures, and sells less-lethal personal security solutions in the United States, South Africa, Europe, South America, Asia, and Canada.
Market Cap
$392.7M
Pitch Price
$15.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
26.20
P/E
26.23
EV/Sales
3.48
Sector
Aerospace and Defense
Category
N/A
Byrna- $BYRN – Latest Idea (Short)
BYRN short: Non-lethal launcher co. Dealer network inflated, many inactive/low-quality. DTC growth stagnant per Amazon/Google trends. Increased competition at lower prices. Mgmt selling post-buyback/preannouncement. CFO turnover. Questionable sales/profit claims. DTC strategy contradicts focus on low-quality dealers.
Read full article (2 min)