Equities research analysts expect Napco Security Technologies Inc (NASDAQ:NSSC) to announce $0.25 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Napco Security Technologies’ earnings. The highest EPS estimate is $0.26 and the lowest is $0.24. Napco Security Technologies posted earnings of $0.20 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 25%. The company is expected to announce its next quarterly earnings results on Tuesday, September 3rd.
According to Zacks, analysts expect that Napco Security Technologies will report full year earnings of $0.66 per share for the current fiscal year, with EPS estimates ranging from $0.64 to $0.67. For the next financial year, analysts expect that the company will post earnings of $0.86 per share, with EPS estimates ranging from $0.76 to $0.95. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Napco Security Technologies.
NSSC has been the subject of a number of recent research reports. BidaskClub raised Napco Security Technologies from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 30th. ValuEngine downgraded Napco Security Technologies from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 1st. Canaccord Genuity reaffirmed a “buy” rating and issued a $32.00 target price (up from $24.00) on shares of Napco Security Technologies in a research note on Tuesday, May 7th. Lake Street Capital initiated coverage on Napco Security Technologies in a research note on Tuesday, June 11th. They issued a “buy” rating and a $35.00 target price for the company. Finally, Zacks Investment Research downgraded Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 10th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Napco Security Technologies presently has a consensus rating of “Buy” and an average price target of $29.86.
Several large investors have recently added to or reduced their stakes in NSSC. Denali Advisors LLC boosted its stake in shares of Napco Security Technologies by 581.5% in the second quarter. Denali Advisors LLC now owns 1,070 shares of the industrial products company’s stock valued at $32,000 after buying an additional 913 shares in the last quarter. Bank of Montreal Can boosted its position in 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 purchasing an additional 1,108 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in Napco Security Technologies by 62,175.0% during the first quarter. BNP Paribas Arbitrage SA now owns 2,491 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 2,487 shares in the last quarter. Advantage Investment Management LLC boosted its position in 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 purchasing an additional 568 shares in the last quarter. Finally, Metropolitan Life Insurance Co NY purchased a new stake in Napco Security Technologies during the first quarter worth $84,000. 39.85% of the stock is currently owned by institutional investors and hedge funds.
About Napco Security Technologies
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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