Napco Security Technologies (NASDAQ:NSSC) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Napco Security Technologies (NASDAQ:NSSC) released its quarterly earnings results on Monday. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06), Zacks reports. Napco Security Technologies had a net margin of 26.43% and a return on equity of 29.56%.

Napco Security Technologies Stock Performance

NASDAQ NSSC opened at $36.70 on Monday. The firm has a market capitalization of $1.35 billion, a P/E ratio of 26.99 and a beta of 1.64. Napco Security Technologies has a fifty-two week low of $31.77 and a fifty-two week high of $58.09. The stock’s fifty day moving average is $36.72 and its two-hundred day moving average is $41.37.

Analyst Ratings Changes

A number of research firms have weighed in on NSSC. Needham & Company LLC restated a “buy” rating and issued a $52.00 price target on shares of Napco Security Technologies in a research note on Thursday, January 16th. DA Davidson cut their target price on Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Craig Hallum cut their target price on Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. TD Cowen reduced their price objective on Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Finally, Lake Street Capital reduced their target price on Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Napco Security Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.43.

About Napco Security Technologies

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.