Napco Security Technologies (NASDAQ:NSSC) was upgraded by equities researchers at ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday, November 21st, ValuEngine reports.
Several other analysts have also recently weighed in on the company. BidaskClub cut Napco Security Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 2nd. Zacks Investment Research raised shares of Napco Security Technologies from a “hold” rating to a “strong-buy” rating and set a $33.00 price objective on the stock in a research note on Thursday, November 7th. Finally, Canaccord Genuity lifted their price objective on Napco Security Technologies from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Napco Security Technologies currently has an average rating of “Buy” and a consensus target price of $30.46.
NASDAQ:NSSC opened at $30.29 on Thursday. The firm has a 50-day moving average price of $29.48 and a 200 day moving average price of $28.62. Napco Security Technologies has a 12-month low of $13.77 and a 12-month high of $34.91. The firm has a market capitalization of $559.70 million, a PE ratio of 45.89 and a beta of 0.57. The company has a quick ratio of 2.49, a current ratio of 4.55 and a debt-to-equity ratio of 0.10.
Napco Security Technologies (NASDAQ:NSSC) last released its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.17 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.03. The business had revenue of $26.29 million for the quarter, compared to analyst estimates of $25.99 million. Napco Security Technologies had a return on equity of 20.17% and a net margin of 13.18%. Napco Security Technologies’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.08 EPS. On average, research analysts expect that Napco Security Technologies will post 0.86 EPS for the current year.
Several large investors have recently bought and sold shares of NSSC. Columbus Circle Investors bought a new position in Napco Security Technologies in the third quarter valued at $7,907,000. Summit Creek Advisors LLC bought a new stake in shares of Napco Security Technologies during the 3rd quarter worth approximately $6,649,000. Russell Investments Group Ltd. acquired a new stake in shares of Napco Security Technologies in the 3rd quarter valued at approximately $6,168,000. GW&K Investment Management LLC bought a new position in shares of Napco Security Technologies in the second quarter valued at $5,758,000. Finally, Tygh Capital Management Inc. acquired a new position in shares of Napco Security Technologies during the 3rd quarter worth about $3,928,000. Institutional investors and hedge funds own 50.20% of the company’s stock.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Napco Security Technologies Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Napco Security Technologies and related companies with MarketBeat.com’s FREE daily email newsletter.