Byrna currently trades at $17.49 per share and has shown little upside over the past six months, posting a middling return of 3.1%. However, the stock is beating the S&P 500’s 4.1% decline during that period.

Is BYRN a buy right now? Or is this an overvalued company? Find out in our full research report, it’s free.

Why Are We Positive On BYRN?

Providing civilians with tools to disable, disarm, and deter would-be assailants, Byrna (NASDAQ: BYRN) is a provider of non-lethal weapons.

1. Skyrocketing Revenue Shows Strong Momentum

A company’s long-term performance is an indicator of its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Thankfully, Byrna’s 147% annualized revenue growth over the last five years was incredible. Its growth beat the average industrials company and shows its offerings resonate with customers.

2. Operating Margin Rising, Profits Up

Operating margin is one of the best measures of profitability because it tells us how much money a company takes home after procuring and manufacturing its products, marketing and selling those products, and most importantly, keeping them relevant through research and development.

Byrna’s operating margin rose by 30.4 percentage points over the last five years, as its sales growth gave it operating leverage. Its operating margin for the trailing 12 months was 7.8%.

3. Outstanding Long-Term EPS Growth

Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending on advertising and promotions.

Byrna’s full-year EPS flipped from negative to positive over the last five years. This is a good sign and shows it’s at an inflection point.

Final Judgment

These are just a few reasons Byrna is a rock-solid business worth owning, and with its recent outperformance amid a softer market environment, the stock trades at 60.9× forward price-to-earnings (or $17.49 per share). Is now the right time to buy? See for yourself in our full research report, it’s free.

Stocks We Like Even More Than Byrna

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