NAPCO Security Technologies, Inc. (NASDAQ:NSSC) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 12 month consensus price target of $12.00 for the company, according to Zacks. Zacks has also assigned NAPCO Security Technologies an industry rank of 56 out of 265 based on the ratings given to related companies.
Separately, Canaccord Genuity started coverage on shares of NAPCO Security Technologies in a report on Wednesday, May 24th. They issued a “buy” rating and a $12.00 target price on the stock.
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Shares of NAPCO Security Technologies (NSSC) opened at 9.95 on Monday. The firm has a 50-day moving average of $9.48 and a 200 day moving average of $9.52. The stock has a market capitalization of $187.50 million, a price-to-earnings ratio of 32.20 and a beta of 0.53. NAPCO Security Technologies has a 12-month low of $6.39 and a 12-month high of $10.95.
NAPCO Security Technologies (NASDAQ:NSSC) last issued its earnings results on Monday, May 8th. The industrial products company reported $0.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by $0.02. The firm had revenue of $20.80 million during the quarter, compared to analysts’ expectations of $21.50 million. NAPCO Security Technologies had a net margin of 6.78% and a return on equity of 11.09%. The firm’s revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.02 EPS. Equities analysts forecast that NAPCO Security Technologies will post $0.32 earnings per share for the current fiscal year.
In related news, Director Paul Stephen Beeber sold 2,886 shares of the business’s stock in a transaction dated Friday, June 23rd. The shares were sold at an average price of $9.20, for a total transaction of $26,551.20. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 37.81% of the stock is currently owned by insiders.
Hedge funds have recently added to or reduced their stakes in the company. KCG Holdings Inc. bought a new stake in NAPCO Security Technologies during the first quarter worth approximately $143,000. O Shaughnessy Asset Management LLC increased its stake in NAPCO Security Technologies by 65.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 18,395 shares of the industrial products company’s stock worth $188,000 after buying an additional 7,250 shares in the last quarter. Taylor Wealth Management Partners bought a new stake in NAPCO Security Technologies during the first quarter worth approximately $391,000. Algert Global LLC increased its stake in NAPCO Security Technologies by 19.5% in the first quarter. Algert Global LLC now owns 47,191 shares of the industrial products company’s stock worth $481,000 after buying an additional 7,716 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new stake in NAPCO Security Technologies during the first quarter worth approximately $496,000. 23.49% of the stock is currently owned by hedge funds and other institutional investors.
NAPCO Security Technologies Company Profile
NAPCO Security Technologies, Inc is a manufacturer of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold across the world principally to independent distributors, dealers and installers of security equipment.
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