Napco Security Technologies Inc (NASDAQ:NSSC) – Equities researchers at Imperial Capital lifted their Q2 2020 earnings per share (EPS) estimates for shares of Napco Security Technologies in a report issued on Thursday, September 5th, according to Zacks Investment Research. Imperial Capital analyst J. Kessler now expects that the industrial products company will earn $0.22 per share for the quarter, up from their prior forecast of $0.21. Imperial Capital currently has a “Outperform” rating and a $36.00 price objective on the stock. Imperial Capital also issued estimates for Napco Security Technologies’ Q3 2020 earnings at $0.26 EPS, Q4 2020 earnings at $0.31 EPS, FY2020 earnings at $0.93 EPS, Q2 2021 earnings at $0.30 EPS, Q3 2021 earnings at $0.34 EPS and Q4 2021 earnings at $0.40 EPS.
Napco Security Technologies (NASDAQ:NSSC) last announced its earnings results on Tuesday, September 3rd. The industrial products company reported $0.26 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.26. The business had revenue of $29.58 million during the quarter, compared to analyst estimates of $29.47 million. Napco Security Technologies had a net margin of 11.88% and a return on equity of 18.83%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.20 EPS.
Several other equities research analysts have also commented on NSSC. Zacks Investment Research lowered Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, September 7th. Lake Street Capital began coverage on Napco Security Technologies in a research note on Tuesday, June 11th. They issued a “buy” rating and a $35.00 price objective for the company. BidaskClub lowered Napco Security Technologies from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 6th. ValuEngine lowered Napco Security Technologies from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 1st. Finally, Canaccord Genuity upped 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 analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $29.66.
Shares of NSSC opened at $27.56 on Monday. The firm has a market cap of $509.54 million, a PE ratio of 41.76 and a beta of 0.59. The firm has a fifty day simple moving average of $29.95 and a two-hundred day simple moving average of $26.26. Napco Security Technologies has a 1-year low of $12.93 and a 1-year high of $34.91.
A number of hedge funds have recently modified their holdings of the business. Morgan Stanley increased its stake in Napco Security Technologies by 308.0% in the 2nd quarter. Morgan Stanley now owns 18,753 shares of the industrial products company’s stock worth $557,000 after buying an additional 14,157 shares in the last quarter. AQR Capital Management LLC purchased a new stake in Napco Security Technologies in the 2nd quarter worth $219,000. Vanguard Group Inc. increased its stake in Napco Security Technologies by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 569,876 shares of the industrial products company’s stock worth $16,913,000 after buying an additional 13,812 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in Napco Security Technologies by 255.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 55,258 shares of the industrial products company’s stock worth $1,640,000 after buying an additional 39,721 shares in the last quarter. Finally, Bogle Investment Management L P DE purchased a new stake in Napco Security Technologies in the 2nd quarter worth $590,000. Institutional investors and hedge funds own 43.30% of the company’s stock.
Napco Security Technologies Company Profile
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.
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