Shares of Napco Security Technologies Inc (NASDAQ:NSSC) have been given a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.

Analysts have set a twelve-month consensus target price of $20.00 for the company and are forecasting that the company will post $0.24 EPS for the current quarter, according to Zacks. Zacks has also assigned Napco Security Technologies an industry rank of 211 out of 256 based on the ratings given to related companies.

A number of equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of Napco Security Technologies from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a research report on Thursday, May 9th. BidaskClub raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, April 13th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $32.00 price target (up previously from $24.00) on shares of Napco Security Technologies in a report on Tuesday, May 7th.

In other news, SVP Jorge Hevia sold 7,823 shares of the company’s stock in a transaction dated Monday, February 25th. The shares were sold at an average price of $20.90, for a total value of $163,500.70. Following the sale, the senior vice president now owns 164,820 shares of the company’s stock, valued at approximately $3,444,738. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 38.10% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of NSSC. Meeder Asset Management Inc. lifted its position in Napco Security Technologies by 176.8% during the 4th quarter. Meeder Asset Management Inc. now owns 2,594 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 1,657 shares during the period. Advantage Investment Management LLC acquired a new position in Napco Security Technologies during the 1st quarter valued at about $47,000. BNP Paribas Arbitrage SA lifted its position in Napco Security Technologies by 62,175.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 2,491 shares of the industrial products company’s stock valued at $52,000 after purchasing an additional 2,487 shares during the period. Coastal Investment Advisors Inc. acquired a new position in Napco Security Technologies during the 1st quarter valued at about $63,000. Finally, Citigroup Inc. lifted its position in Napco Security Technologies by 28.3% during the 1st quarter. Citigroup Inc. now owns 3,165 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 698 shares during the period. 37.73% of the stock is currently owned by institutional investors and hedge funds.

Shares of NSSC stock opened at $27.24 on Tuesday. Napco Security Technologies has a 1 year low of $11.51 and a 1 year high of $29.01. The firm has a market cap of $499.74 million, a P/E ratio of 66.44 and a beta of 0.74.

Napco Security Technologies (NASDAQ:NSSC) last announced its earnings results on Monday, May 6th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.06. Napco Security Technologies had a net margin of 11.12% and a return on equity of 17.34%. The business had revenue of $25.10 million for the quarter, compared to analyst estimates of $23.54 million. During the same quarter in the previous year, the firm posted $0.92 earnings per share. Napco Security Technologies’s revenue was up 13.1% compared to the same quarter last year. On average, analysts expect that Napco Security Technologies will post 0.64 EPS for the current fiscal year.

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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