Napco Security Technologies (NSSC) Upgraded to Buy by BidaskClub

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BidaskClub upgraded shares of Napco Security Technologies (NASDAQ:NSSC) from a hold rating to a buy rating in a report published on Wednesday morning.

Separately, ValuEngine upgraded Napco Security Technologies from a hold rating to a buy rating in a research report on Monday, June 18th.

Shares of NSSC opened at $15.40 on Wednesday. The stock has a market cap of $282.62 million, a PE ratio of 38.72 and a beta of 0.35. The company has a quick ratio of 2.77, a current ratio of 5.76 and a debt-to-equity ratio of 0.03. Napco Security Technologies has a 12-month low of $7.90 and a 12-month high of $17.45.

Napco Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings results on Tuesday, September 4th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.21 by ($0.01). The business had revenue of $27.26 million for the quarter. Napco Security Technologies had a net margin of 7.96% and a return on equity of 12.30%. During the same period in the previous year, the business posted $0.17 EPS.

A number of large investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its position in Napco Security Technologies by 0.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 946,785 shares of the industrial products company’s stock worth $13,870,000 after buying an additional 5,314 shares during the last quarter. Teton Advisors Inc. lifted its position in Napco Security Technologies by 2.1% in the 1st quarter. Teton Advisors Inc. now owns 276,551 shares of the industrial products company’s stock worth $3,236,000 after buying an additional 5,794 shares during the last quarter. Renaissance Technologies LLC lifted its position in Napco Security Technologies by 3.5% in the 2nd quarter. Renaissance Technologies LLC now owns 263,500 shares of the industrial products company’s stock worth $3,860,000 after buying an additional 8,800 shares during the last quarter. Rhumbline Advisers bought a new stake in Napco Security Technologies in the 2nd quarter worth approximately $149,000. Finally, Raymond James Financial Services Advisors Inc. bought a new stake in Napco Security Technologies in the 2nd quarter worth approximately $212,000. Institutional investors own 32.69% of the company’s stock.

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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