Napco Security Technologies Inc (NASDAQ:NSSC) has been assigned an average rating of “Buy” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $29.83.
A number of research analysts have recently weighed in on NSSC shares. ValuEngine lowered Napco Security Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Imperial Capital began coverage on Napco Security Technologies in a report on Friday, June 21st. They issued an “outperform” rating and a $36.00 target price on the stock. Zacks Investment Research lowered Napco Security Technologies from a “buy” rating to a “hold” rating in a report on Saturday, September 7th. BidaskClub lowered Napco Security Technologies from a “strong-buy” rating to a “buy” rating in a report on Friday, September 6th. Finally, Canaccord Genuity lifted their price target on Napco Security Technologies from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th.
Shares of NSSC stock traded up $0.81 during trading hours on Monday, reaching $27.48. The company had a trading volume of 112,854 shares, compared to its average volume of 161,642. Napco Security Technologies has a 12 month low of $13.52 and a 12 month high of $34.91. The business has a fifty day simple moving average of $27.56 and a 200-day simple moving average of $27.25. The company has a market cap of $489.48 million, a price-to-earnings ratio of 41.64 and a beta of 0.52.
Napco Security Technologies (NASDAQ:NSSC) last posted its earnings results on Tuesday, September 3rd. The industrial products company reported $0.26 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.26. Napco Security Technologies had a return on equity of 18.39% and a net margin of 11.88%. The company had revenue of $29.58 million for the quarter, compared to analyst estimates of $29.47 million. During the same quarter last year, the company earned $0.20 earnings per share. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. As a group, equities research analysts predict that Napco Security Technologies will post 0.86 earnings per share for the current year.
A number of institutional investors have recently modified their holdings of NSSC. Kennedy Capital Management Inc. lifted its holdings in Napco Security Technologies by 4.3% during the first quarter. Kennedy Capital Management Inc. now owns 81,872 shares of the industrial products company’s stock worth $1,698,000 after acquiring an additional 3,372 shares during the period. MetLife Investment Advisors LLC bought a new stake in Napco Security Technologies during the first quarter worth $117,000. Metropolitan Life Insurance Co NY bought a new stake in Napco Security Technologies during the first quarter worth $84,000. Denali Advisors LLC lifted its holdings in Napco Security Technologies by 581.5% during the second quarter. Denali Advisors LLC now owns 1,070 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 913 shares during the period. Finally, Handelsbanken Fonder AB bought a new stake in Napco Security Technologies during the second quarter worth $890,000. Institutional investors and hedge funds own 43.19% of the company’s stock.
Napco Security Technologies Company Profile
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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