StockStory Warns on Byrna, RXO, S&T Bancorp Over Stretched Valuations

On May 29, 2026, StockStory flagged small-cap stocks Byrna (NASDAQ:BYRN), RXO (NYSE:RXO), and S&T Bancorp (NASDAQ:STBA) as names investors should approach with caution, citing elevated valuation multiples. Byrna, a provider of non-lethal weapons with a $148.6 million market cap, trades at 25.7 times forward EV-to-EBITDA. RXO, a freight brokerage firm valued at $4.27 billion, carries a forward price-to-earnings ratio of 183.7. S&T Bancorp, a Pennsylvania-based regional bank with a $1.62 billion market cap, changes hands at 1.1 times forward price-to-book. The research firm highlighted these ratios as warning signs in the high-risk small-cap segment, where reliable analyst coverage is thin. All three companies lack the fundamental momentum to justify their current premiums, according to the report.