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

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

Napco Security Technologies Stock Performance

Shares of NASDAQ:NSSC opened at $36.70 on Monday. The company 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 52-week low of $31.77 and a 52-week high of $58.09. The company has a 50-day simple moving average of $36.72 and a 200 day simple moving average of $41.37.

Wall Street Analysts Forecast Growth

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

Napco Security Technologies Company Profile

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.