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

Napco Security Technologies (NASDAQ:NSSC) is scheduled to release its earnings data before the market opens on Monday, May 6th. Analysts expect the company to announce earnings of $0.34 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Napco Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings data on Monday, February 5th. The industrial products company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08. The business had revenue of $47.50 million during the quarter, compared to analysts’ expectations of $43.92 million. Napco Security Technologies had a net margin of 25.08% and a return on equity of 30.81%. The business’s revenue was up 12.3% on a year-over-year basis. During the same period last year, the company posted $0.23 EPS. 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 Trading Up 1.7 %

Shares of NASDAQ NSSC opened at $42.47 on Friday. Napco Security Technologies has a 12-month low of $17.76 and a 12-month high of $46.26. The firm’s 50-day moving average price is $40.99 and its 200-day moving average price is $35.26. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 35.69 and a beta of 1.51.

Insider Transactions at Napco Security Technologies

In related news, 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 transaction of $2,037,500.00. Following the completion of the sale, the chief executive officer now owns 1,656,010 shares in the company, valued at approximately $67,482,407.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CFO Kevin S. Buchel sold 10,000 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $44.80, for a total transaction of $448,000.00. Following the transaction, 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 filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Richard Soloway sold 50,000 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer now owns 1,656,010 shares in the company, valued at approximately $67,482,407.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 93,200 shares of company stock worth $3,987,644. Insiders own 11.54% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. StockNews.com lowered Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 13th. Needham & Company LLC restated a “buy” rating and issued a $46.00 price target on shares of Napco Security Technologies in a research report on Friday, April 12th. DA Davidson began coverage on shares of Napco Security Technologies in a research report on Friday, April 26th. They set a “buy” rating and a $52.00 price objective on the stock. Finally, Imperial Capital lowered shares of Napco Security Technologies from an “outperform” rating to an “in-line” rating and set a $45.00 target price for the company. in a report on Tuesday, February 6th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $36.67.

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.