Napco Security Technologies Inc (NASDAQ:NSSC) Expected to Post Earnings of $0.19 Per Share

Posted by Logan Wallace on Nov 15th, 2019

Wall Street brokerages expect Napco Security Technologies Inc (NASDAQ:NSSC) to report earnings per share (EPS) of $0.19 for the current quarter, according to Zacks. Two analysts have made estimates for Napco Security Technologies’ earnings, with estimates ranging from $0.15 to $0.22. Napco Security Technologies reported earnings of $0.15 per share during the same quarter last year, which would suggest a positive year over year growth rate of 26.7%. The firm is scheduled to announce its next earnings results on Monday, February 3rd.

On average, analysts expect that Napco Security Technologies will report full year earnings of $0.88 per share for the current fiscal year, with EPS estimates ranging from $0.79 to $0.96. For the next financial year, analysts expect that the firm will report earnings of $1.17 per share, with EPS estimates ranging from $0.98 to $1.36. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that follow Napco Security Technologies.

Napco Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.03. The firm had revenue of $26.29 million for the quarter, compared to analyst estimates of $25.99 million. Napco Security Technologies had a net margin of 13.18% and a return on equity of 20.17%. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.08 earnings per share.

Several brokerages recently weighed in on NSSC. BidaskClub lowered shares of Napco Security Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 2nd. ValuEngine lowered shares of Napco Security Technologies from a “hold” rating to a “sell” rating in a research report on Friday, November 1st. Canaccord Genuity raised their price objective on shares of Napco Security Technologies from $32.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th. Finally, Zacks Investment Research raised shares of Napco Security Technologies from a “hold” rating to a “strong-buy” rating and set a $33.00 price objective on the stock in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, five have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $30.46.

Hedge funds have recently made changes to their positions in the business. Denali Advisors LLC grew its holdings in Napco Security Technologies by 581.5% during the second quarter. Denali Advisors LLC now owns 1,070 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 913 shares during the last quarter. Bank of Montreal Can grew its holdings in Napco Security Technologies by 249.5% during the second quarter. Bank of Montreal Can now owns 1,552 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 1,108 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Napco Security Technologies during the third quarter valued at approximately $71,000. Advantage Investment Management LLC grew its holdings in Napco Security Technologies by 24.9% during the second quarter. Advantage Investment Management LLC now owns 2,845 shares of the industrial products company’s stock valued at $84,000 after purchasing an additional 568 shares during the last quarter. Finally, Metropolitan Life Insurance Co NY acquired a new position in Napco Security Technologies during the first quarter valued at approximately $84,000. Institutional investors own 48.50% of the company’s stock.

NSSC traded up $0.44 during midday trading on Tuesday, hitting $29.70. 78,300 shares of the company’s stock traded hands, compared to its average volume of 155,468. The company has a market cap of $516.27 million, a PE ratio of 44.95 and a beta of 0.58. The stock’s fifty day simple moving average is $27.57 and its 200-day simple moving average is $28.16. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.55 and a quick ratio of 2.49. Napco Security Technologies has a one year low of $13.77 and a one year high of $34.91.

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.