Napco Security Technologies Inc (NASDAQ:NSSC) has been assigned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.
Analysts have set a 1 year consensus target price of $20.00 for the company and are forecasting that the company will post $0.24 EPS for the current quarter, according to Zacks. Zacks has also assigned Napco Security Technologies an industry rank of 205 out of 256 based on the ratings given to related companies.
A number of analysts have recently issued reports on NSSC shares. BidaskClub cut Napco Security Technologies from a “buy” rating to a “hold” rating in a research report on Friday, January 25th. Zacks Investment Research upgraded shares of Napco Security Technologies from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Wednesday, March 13th. Finally, Canaccord Genuity lifted their price objective on shares of Napco Security Technologies from $19.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, February 5th.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. MetLife Investment Advisors LLC acquired a new position in Napco Security Technologies during the 1st quarter worth approximately $117,000. Metropolitan Life Insurance Co NY acquired a new position in Napco Security Technologies during the 1st quarter worth approximately $84,000. HighTower Advisors LLC grew its holdings in Napco Security Technologies by 9.5% during the 1st quarter. HighTower Advisors LLC now owns 63,496 shares of the industrial products company’s stock worth $1,317,000 after acquiring an additional 5,496 shares in the last quarter. Coastal Investment Advisors Inc. acquired a new position in Napco Security Technologies during the 1st quarter worth approximately $63,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in Napco Security Technologies during the 1st quarter worth approximately $78,000. Institutional investors own 36.13% of the company’s stock.
Shares of NSSC stock traded up $0.33 during trading hours on Tuesday, hitting $27.02. 1,322 shares of the company were exchanged, compared to its average volume of 113,722. The firm has a market cap of $493.10 million, a P/E ratio of 65.80 and a beta of 0.74. Napco Security Technologies has a 1 year low of $11.51 and a 1 year high of $29.01.
Napco Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings data on Monday, May 6th. The industrial products company reported $0.17 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.06. The business had revenue of $25.10 million for the quarter, compared to analyst estimates of $23.54 million. Napco Security Technologies had a net margin of 11.12% and a return on equity of 17.34%. The company’s revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.92 EPS. As a group, equities analysts expect that Napco Security Technologies will post 0.64 earnings per share for the current year.
About Napco Security Technologies
Napco Security Technologies, Inc manufactures and sells security products and software worldwide. The company offers access control systems, door security products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications.
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