NAPCO Security Technologies, Inc. (NSSC) Given $12.00 Consensus Target Price by Analysts

NAPCO Security Technologies, Inc. (NASDAQ:NSSC) has received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.

Brokers have set a 12 month consensus price target of $12.00 for the company, according to Zacks. Zacks has also assigned NAPCO Security Technologies an industry rank of 175 out of 265 based on the ratings given to its competitors.

Separately, Canaccord Genuity restated a “buy” rating and issued a $12.00 price objective on shares of NAPCO Security Technologies in a research report on Tuesday, September 5th.

Several hedge funds have recently added to or reduced their stakes in NSSC. Citigroup Inc. purchased a new position in shares of NAPCO Security Technologies during the second quarter valued at about $100,000. South State Corp purchased a new position in shares of NAPCO Security Technologies during the second quarter valued at about $103,000. Rhumbline Advisers purchased a new position in shares of NAPCO Security Technologies during the second quarter valued at about $103,000. New York State Common Retirement Fund purchased a new position in shares of NAPCO Security Technologies during the second quarter valued at about $119,000. Finally, KCG Holdings Inc. purchased a new position in shares of NAPCO Security Technologies during the first quarter valued at about $143,000. Hedge funds and other institutional investors own 29.97% of the company’s stock.

NAPCO Security Technologies (NASDAQ NSSC) traded up $0.20 during trading on Thursday, reaching $10.00. 14,765 shares of the company’s stock traded hands, compared to its average volume of 40,577. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.89 and a quick ratio of 2.77. The company has a market capitalization of $181.89, a P/E ratio of 30.16 and a beta of 0.58. NAPCO Security Technologies has a 1-year low of $7.40 and a 1-year high of $10.95.

NAPCO Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings results on Monday, November 6th. The industrial products company reported $0.05 earnings per share for the quarter, hitting the consensus estimate of $0.05. NAPCO Security Technologies had a net margin of 6.70% and a return on equity of 10.70%. The business had revenue of $21.17 million during the quarter, compared to the consensus estimate of $21.56 million. During the same period in the previous year, the firm posted $0.03 earnings per share. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis.

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About NAPCO Security Technologies

NAPCO Security Technologies, Inc is a manufacturer of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold across the world principally to independent distributors, dealers and installers of security equipment.

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