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

Napco Security Technologies, Inc. (NASDAQ:NSSCGet Rating) has earned a consensus rating of “Buy” from the eight ratings firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $28.20.

A number of equities research analysts have recently commented on NSSC shares. TheStreet cut Napco Security Technologies from a “b” rating to a “c+” rating in a research note on Wednesday, April 6th. StockNews.com assumed coverage on shares of Napco Security Technologies in a research note on Thursday, March 31st. They set a “hold” rating for the company.

Shares of NSSC opened at $19.46 on Monday. Napco Security Technologies has a fifty-two week low of $15.39 and a fifty-two week high of $26.00. The firm’s 50-day simple moving average is $18.47 and its two-hundred day simple moving average is $22.90. The stock has a market cap of $714.84 million, a PE ratio of 42.77 and a beta of 1.40.

Napco Security Technologies (NASDAQ:NSSCGet Rating) last posted its quarterly earnings results on Monday, May 9th. The industrial products company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.04. Napco Security Technologies had a return on equity of 13.51% and a net margin of 12.29%. The company had revenue of $35.91 million for the quarter, compared to the consensus estimate of $34.39 million. During the same quarter in the prior year, the business posted $0.12 EPS. On average, sell-side analysts forecast that Napco Security Technologies will post 0.43 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its stake in Napco Security Technologies by 99.7% during the 1st quarter. BlackRock Inc. now owns 1,854,790 shares of the industrial products company’s stock valued at $38,059,000 after acquiring an additional 925,876 shares during the period. Vanguard Group Inc. lifted its position in Napco Security Technologies by 104.9% during the first quarter. Vanguard Group Inc. now owns 1,635,449 shares of the industrial products company’s stock valued at $33,559,000 after purchasing an additional 837,472 shares during the period. Wasatch Advisors Inc. boosted its holdings in Napco Security Technologies by 80.4% in the first quarter. Wasatch Advisors Inc. now owns 1,619,409 shares of the industrial products company’s stock worth $33,230,000 after purchasing an additional 721,575 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Napco Security Technologies by 100.5% in the first quarter. Dimensional Fund Advisors LP now owns 1,273,636 shares of the industrial products company’s stock worth $26,136,000 after purchasing an additional 638,478 shares during the last quarter. Finally, GW&K Investment Management LLC grew its position in Napco Security Technologies by 97.8% in the 1st quarter. GW&K Investment Management LLC now owns 1,042,584 shares of the industrial products company’s stock worth $21,394,000 after purchasing an additional 515,415 shares during the period. Institutional investors own 32.54% of the company’s stock.

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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