Napco Security Technologies (NASDAQ:NSSC) Releases Earnings Results, Beats Estimates By $0.02 EPS

Napco Security Technologies (NASDAQ:NSSC) released its earnings results on Sunday. The industrial products company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02, MarketWatch Earnings reports. Napco Security Technologies had a net margin of 7.85% and a return on equity of 11.92%.

Shares of NSSC stock traded up $0.74 on Tuesday, hitting $44.80. 666 shares of the stock traded hands, compared to its average volume of 65,516. The firm’s 50-day moving average price is $36.10 and its two-hundred day moving average price is $34.88. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.71 and a current ratio of 5.45. The stock has a market capitalization of $822.12 million, a PE ratio of 100.14 and a beta of 1.37. Napco Security Technologies has a twelve month low of $22.28 and a twelve month high of $44.12.

A number of analysts recently commented on the stock. Lake Street Capital lifted their target price on shares of Napco Security Technologies from $41.00 to $48.00 and gave the stock a “buy” rating in a research note on Tuesday. Zacks Investment Research cut shares of Napco Security Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, September 9th. Needham & Company LLC lifted their price objective on shares of Napco Security Technologies from $39.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, B. Riley boosted their target price on shares of Napco Security Technologies from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $43.00.

An institutional investor recently raised its position in Napco Security Technologies stock. Morgan Stanley lifted its holdings in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) by 237.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,036 shares of the industrial products company’s stock after purchasing an additional 21,140 shares during the quarter. Morgan Stanley owned about 0.16% of Napco Security Technologies worth $1,093,000 as of its most recent filing with the SEC. 67.38% of the stock is owned by institutional investors.

Napco Security Technologies Company Profile

Napco Security Technologies, Inc engages in the development, manufacture, and distribution of security products. It operates though Domestic and Foreign geographical segments. Its products include access control systems, door security products, intrusion and fire alarm systems, video surveillance products, and cellular communications services.

Further Reading: How dollar cost averaging works

Earnings History for Napco Security Technologies (NASDAQ:NSSC)

Receive News & Ratings for Napco Security Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Napco Security Technologies and related companies with MarketBeat.com's FREE daily email newsletter.