Napco Security Technologies Inc (NASDAQ:NSSC) has received an average recommendation of “Buy” from the seven brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $30.46.

Several equities research analysts recently commented on NSSC shares. ValuEngine raised Napco Security Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, November 21st. BidaskClub lowered shares of Napco Security Technologies from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Canaccord Genuity reaffirmed a “buy” rating and set a $33.00 price objective on shares of Napco Security Technologies in a research report on Sunday, November 24th. Finally, Zacks Investment Research upgraded shares of Napco Security Technologies from a “hold” rating to a “strong-buy” rating and set a $33.00 target price for the company in a research note on Thursday, November 7th.

NASDAQ NSSC traded up $0.09 on Tuesday, reaching $30.29. The stock had a trading volume of 100,340 shares, compared to its average volume of 106,704. The company has a current ratio of 4.55, a quick ratio of 2.49 and a debt-to-equity ratio of 0.10. Napco Security Technologies has a 1 year low of $13.77 and a 1 year high of $34.91. The business has a 50 day moving average price of $29.48 and a 200 day moving average price of $28.62. The company has a market capitalization of $558.03 million, a price-to-earnings ratio of 45.89 and a beta of 0.57.

Napco Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.03. The company had revenue of $26.29 million during the quarter, compared to the consensus estimate of $25.99 million. Napco Security Technologies had a return on equity of 20.17% and a net margin of 13.18%. The business’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period last year, the business earned $0.08 EPS. On average, analysts anticipate that Napco Security Technologies will post 0.86 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the stock. Advantage Investment Management LLC lifted its stake in shares of Napco Security Technologies by 24.9% in the second quarter. Advantage Investment Management LLC now owns 2,845 shares of the industrial products company’s stock worth $84,000 after buying an additional 568 shares during the last quarter. Strs Ohio boosted its holdings in shares of Napco Security Technologies by 7.6% during the 2nd quarter. Strs Ohio now owns 9,900 shares of the industrial products company’s stock worth $293,000 after buying an additional 700 shares during the period. Envestnet Asset Management Inc. raised its holdings in Napco Security Technologies by 9.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 9,696 shares of the industrial products company’s stock worth $247,000 after acquiring an additional 813 shares during the period. State Street Corp raised its holdings in Napco Security Technologies by 0.4% in the 3rd quarter. State Street Corp now owns 221,675 shares of the industrial products company’s stock worth $5,657,000 after acquiring an additional 847 shares during the period. Finally, Bank of Montreal Can raised its holdings in 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 worth $46,000 after acquiring an additional 1,108 shares during the period. Hedge funds and other institutional investors own 50.20% of the company’s stock.

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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