Napco Security Technologies, Inc. (NASDAQ:NSSC) Given Average Rating of “Buy” by Analysts

Shares of Napco Security Technologies, Inc. (NASDAQ:NSSCGet Rating) have received an average recommendation of “Buy” from the nine analysts that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $26.50.

A number of research analysts recently weighed in on NSSC shares. TheStreet downgraded Napco Security Technologies from a “b” rating to a “c+” rating in a research note on Wednesday, April 6th. StockNews.com started coverage on Napco Security Technologies in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Needham & Company LLC dropped their price target on Napco Security Technologies from $27.00 to $24.00 and set a “buy” rating on the stock in a research note on Tuesday, February 8th. Finally, Zacks Investment Research raised Napco Security Technologies from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a report on Thursday, May 12th.

Shares of NSSC stock opened at $17.09 on Thursday. The stock’s fifty day simple moving average is $19.10 and its 200 day simple moving average is $23.49. Napco Security Technologies has a twelve month low of $15.39 and a twelve month high of $26.00. The firm has a market capitalization of $627.75 million, a P/E ratio of 37.56 and a beta of 1.40.

Napco Security Technologies (NASDAQ:NSSCGet Rating) last announced its quarterly earnings data on Monday, May 9th. The industrial products company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. Napco Security Technologies had a return on equity of 13.71% and a net margin of 12.29%. During the same period in the prior year, the business posted $0.12 EPS. On average, sell-side analysts anticipate that Napco Security Technologies will post 0.43 earnings per share for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the company. Dorsey Wright & Associates bought a new position in shares of Napco Security Technologies in the fourth quarter valued at approximately $60,000. Great West Life Assurance Co. Can grew its holdings in shares of Napco Security Technologies by 100.0% in the first quarter. Great West Life Assurance Co. Can now owns 1,628 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 814 shares in the last quarter. Citigroup Inc. grew its holdings in shares of Napco Security Technologies by 100.9% in the third quarter. Citigroup Inc. now owns 1,927 shares of the industrial products company’s stock valued at $83,000 after acquiring an additional 968 shares in the last quarter. Advisor Group Holdings Inc. grew its holdings in shares of Napco Security Technologies by 33.8% in the third quarter. Advisor Group Holdings Inc. now owns 1,947 shares of the industrial products company’s stock valued at $84,000 after acquiring an additional 492 shares in the last quarter. Finally, Orion Capital Management LLC grew its holdings in shares of Napco Security Technologies by 100.0% in the first quarter. Orion Capital Management LLC now owns 2,000 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 1,000 shares in the last quarter. 32.54% of the stock is owned by institutional investors.

About Napco Security Technologies (Get Rating)

Napco Security Technologies, Inc develops, manufactures, and sells electronic security products in the United States and internationally. The company offers access control systems, door-locking products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications.

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