Napco Security Technologies Inc (NASDAQ:NSSC) to Post Q1 2020 Earnings of $0.12 Per Share, William Blair Forecasts


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Napco Security Technologies Inc (NASDAQ:NSSC) – Research analysts at William Blair lowered their Q1 2020 earnings per share estimates for shares of Napco Security Technologies in a research note issued to investors on Tuesday, September 3rd. William Blair analyst M. Pfau now anticipates that the industrial products company will earn $0.12 per share for the quarter, down from their previous estimate of $0.14. William Blair also issued estimates for Napco Security Technologies’ Q2 2020 earnings at $0.16 EPS, Q3 2020 earnings at $0.19 EPS, Q4 2020 earnings at $0.31 EPS, FY2020 earnings at $0.78 EPS and FY2021 earnings at $0.98 EPS.

Several other research firms also recently weighed in on NSSC. Lake Street Capital began coverage on shares of Napco Security Technologies in a research report on Tuesday, June 11th. They set a “buy” rating and a $35.00 target price on the stock. Imperial Capital began coverage on shares of Napco Security Technologies in a research report on Friday, June 21st. They set an “outperform” rating and a $36.00 target price on the stock. Canaccord Genuity boosted their target price on shares of Napco Security Technologies from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday. Zacks Investment Research raised shares of Napco Security Technologies from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a research report on Friday. Finally, BidaskClub downgraded shares of Napco Security Technologies from a “strong-buy” rating to a “buy” rating in a research report on Friday. Seven research analysts have rated the stock with a buy rating, Napco Security Technologies presently has an average rating of “Buy” and an average price target of $29.66.

NASDAQ:NSSC opened at $25.76 on Friday. The company has a market cap of $483.86 million, a PE ratio of 39.03 and a beta of 0.59. Napco Security Technologies has a twelve month low of $12.90 and a twelve month high of $34.91. The company’s 50 day moving average is $29.99 and its two-hundred day moving average is $26.11.

Napco Security Technologies (NASDAQ:NSSC) last released its earnings results on Tuesday, September 3rd. The industrial products company reported $0.26 earnings per share for the quarter, hitting the consensus estimate of $0.26. The company had revenue of $29.58 million for the quarter, compared to the consensus estimate of $29.47 million. Napco Security Technologies had a net margin of 11.88% and a return on equity of 18.83%. Napco Security Technologies’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 EPS.

Several hedge funds have recently added to or reduced their stakes in NSSC. Denali Advisors LLC boosted its holdings in shares of Napco Security Technologies by 581.5% in the 2nd quarter. Denali Advisors LLC now owns 1,070 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 913 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Napco Security Technologies by 249.5% in the 2nd quarter. Bank of Montreal Can now owns 1,552 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 1,108 shares during the last quarter. BNP Paribas Arbitrage SA boosted its holdings in shares of Napco Security Technologies by 62,175.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,491 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 2,487 shares during the last quarter. Advantage Investment Management LLC boosted its holdings in shares of Napco Security Technologies by 24.9% in the 2nd quarter. Advantage Investment Management LLC now owns 2,845 shares of the industrial products company’s stock valued at $84,000 after acquiring an additional 568 shares during the last quarter. Finally, Metropolitan Life Insurance Co NY purchased a new stake in shares of Napco Security Technologies in the 1st quarter valued at $84,000. 41.15% of the stock is currently owned by institutional investors and hedge funds.

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.

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Earnings History and Estimates for Napco Security Technologies (NASDAQ:NSSC)

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