Napco Security Technologies (NSSC) Scheduled to Post Quarterly Earnings on Monday

Napco Security Technologies (NASDAQ:NSSC) will be posting its quarterly earnings results before the market opens on Monday, May 6th. Analysts expect Napco Security Technologies to post earnings of $0.34 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Napco Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings data on Monday, February 5th. The industrial products company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.08. Napco Security Technologies had a net margin of 25.08% and a return on equity of 30.81%. The firm had revenue of $47.50 million for the quarter, compared to analyst estimates of $43.92 million. During the same quarter in the prior year, the business earned $0.23 earnings per share. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. On average, analysts expect Napco Security Technologies to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Napco Security Technologies Price Performance

Shares of Napco Security Technologies stock opened at $42.47 on Friday. The business has a 50-day simple moving average of $40.99 and a 200 day simple moving average of $35.16. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 35.69 and a beta of 1.51. Napco Security Technologies has a one year low of $17.76 and a one year high of $46.26.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. DA Davidson began coverage on shares of Napco Security Technologies in a research note on Friday, April 26th. They issued a “buy” rating and a $52.00 price objective on the stock. Imperial Capital cut shares of Napco Security Technologies from an “outperform” rating to an “in-line” rating and set a $45.00 price target on the stock. in a research report on Tuesday, February 6th. StockNews.com cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, February 13th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $46.00 price target on shares of Napco Security Technologies in a research report on Friday, April 12th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Napco Security Technologies currently has an average rating of “Hold” and an average price target of $36.67.

Insiders Place Their Bets

In other Napco Security Technologies news, CEO Richard Soloway sold 50,000 shares of Napco Security Technologies stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $40.75, for a total transaction of $2,037,500.00. Following the completion of the transaction, the chief executive officer now owns 1,656,010 shares of the company’s stock, valued at approximately $67,482,407.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Napco Security Technologies news, CFO Kevin S. Buchel sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $44.80, for a total value of $448,000.00. Following the sale, the chief financial officer now owns 112,739 shares of the company’s stock, valued at approximately $5,050,707.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Richard Soloway sold 50,000 shares of Napco Security Technologies stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $40.75, for a total value of $2,037,500.00. Following the sale, the chief executive officer now owns 1,656,010 shares of the company’s stock, valued at approximately $67,482,407.50. The disclosure for this sale can be found here. Insiders have sold a total of 93,200 shares of company stock worth $3,987,644 over the last 90 days. Corporate insiders own 11.54% of the company’s stock.

About Napco Security Technologies

Napco Security Technologies, Inc develops, manufactures, and sells electronic security products in the United States and internationally. The company offers access control systems, door-locking products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications.