FY2020 EPS Estimates for Napco Security Technologies Inc Boosted by Analyst (NASDAQ:NSSC) – TechNewsObserver


Napco Security Technologies Inc (NASDAQ:NSSC) – Equities research analysts at William Blair increased their FY2020 earnings per share estimates for shares of Napco Security Technologies in a research note issued on Monday, November 4th, according to Zacks Investment Research. William Blair analyst M. Pfau now forecasts that the industrial products company will post earnings of $0.79 per share for the year, up from their previous forecast of $0.78. William Blair also issued estimates for Napco Security Technologies’ Q1 2021 earnings at $0.19 EPS.

A number of other equities analysts have also recently commented on the company. Canaccord Genuity reiterated a “buy” rating and set a $33.00 price target on shares of Napco Security Technologies in a report on Sunday, November 24th. ValuEngine upgraded Napco Security Technologies from a “sell” rating to a “hold” rating in a report on Thursday, November 21st. BidaskClub upgraded Napco Security Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 23rd. Finally, Zacks Investment Research upgraded Napco Security Technologies from a “hold” rating to a “strong-buy” rating and set a $33.00 price objective for the company in a report on Thursday, November 7th. One research analyst has rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. Napco Security Technologies has a consensus rating of “Buy” and a consensus target price of $30.46.

Shares of NASDAQ:NSSC traded down $0.08 during midday trading on Wednesday, reaching $31.25. The company had a trading volume of 27,872 shares, compared to its average volume of 154,401. Napco Security Technologies has a 1-year low of $13.77 and a 1-year high of $34.91. The company has a quick ratio of 2.49, a current ratio of 4.55 and a debt-to-equity ratio of 0.10. The stock has a market cap of $576.14 million, a PE ratio of 47.35 and a beta of 0.58. The business’s 50 day moving average price is $28.84 and its 200 day moving average price is $28.49.

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

Large investors have recently made changes to their positions in the company. Denali Advisors LLC increased its holdings in shares of 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 worth $32,000 after buying an additional 913 shares in the last quarter. Bank of Montreal Can increased its holdings in shares of 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 worth $46,000 after buying an additional 1,108 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Napco Security Technologies during the third quarter worth $71,000. Advantage Investment Management LLC increased its holdings in shares of 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 worth $84,000 after buying an additional 568 shares in the last quarter. Finally, Advisor Group Inc. increased its holdings in shares of Napco Security Technologies by 427.8% during the second quarter. Advisor Group Inc. now owns 3,167 shares of the industrial products company’s stock worth $94,000 after buying an additional 2,567 shares in the last quarter. Institutional investors own 50.20% of the company’s stock.

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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.

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

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