Napco Security Technologies (NSSC) Scheduled to Post Quarterly Earnings on Monday

Napco Security Technologies (NASDAQ:NSSC) is scheduled to be announcing its earnings results before the market opens on Monday, May 6th. Analysts expect the company to announce earnings of $0.34 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Napco Security Technologies (NASDAQ:NSSC) last announced its earnings results on Monday, February 5th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.08. The business had revenue of $47.50 million for the quarter, compared to analysts’ expectations of $43.92 million. Napco Security Technologies had a return on equity of 30.81% and a net margin of 25.08%. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.23 EPS. On average, analysts expect Napco Security Technologies to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Napco Security Technologies Trading Up 1.7 %

Shares of NASDAQ NSSC opened at $42.47 on Friday. The stock has a market capitalization of $1.56 billion, a PE ratio of 35.69 and a beta of 1.51. The stock’s fifty day simple moving average is $40.99 and its two-hundred day simple moving average is $35.16. Napco Security Technologies has a 12-month low of $17.76 and a 12-month high of $46.26.

Insider Buying and Selling at Napco Security Technologies

In other Napco Security Technologies news, SVP Michael Carrieri sold 5,200 shares of Napco Security Technologies stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $45.92, for a total transaction of $238,784.00. Following the completion of the transaction, the senior vice president now owns 14,232 shares in the company, valued at approximately $653,533.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Richard Soloway sold 50,000 shares of the stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $40.75, for a total transaction of $2,037,500.00. Following the transaction, the chief executive officer now owns 1,656,010 shares in the company, valued at approximately $67,482,407.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Michael Carrieri sold 5,200 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $45.92, for a total value of $238,784.00. Following the transaction, the senior vice president now owns 14,232 shares in the company, valued at approximately $653,533.44. The disclosure for this sale can be found here. In the last quarter, insiders sold 93,200 shares of company stock worth $3,987,644. Insiders own 11.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on NSSC shares. Imperial Capital cut Napco Security Technologies from an “outperform” rating to an “in-line” rating and set a $45.00 target price on the stock. in a research report on Tuesday, February 6th. DA Davidson began coverage on Napco Security Technologies in a research note on Friday, April 26th. They issued a “buy” rating and a $52.00 target price for the company. StockNews.com lowered Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 13th. Finally, Needham & Company LLC restated a “buy” rating and issued a $46.00 target price on shares of Napco Security Technologies in a research note on Friday, April 12th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Napco Security Technologies presently has an average rating of “Hold” and an average target price of $36.67.

Napco Security Technologies Company Profile

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.