Napco Security Technologies (NASDAQ:NSSC) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a report released on Thursday, Zacks.com reports. The firm presently has a $33.00 price objective on the industrial products company’s stock. Zacks Investment Research‘s price target would indicate a potential upside of 17.73% from the company’s current price.

According to Zacks, “NAPCO SECURITY SYSTEMS is engaged in the development, manufacture, distribution and sale of security alarm products and door security devices for commercial and residential installations. “

NSSC has been the topic of a number of other research reports. BidaskClub lowered Napco Security Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 2nd. Canaccord Genuity increased their price objective on Napco Security Technologies from $32.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Finally, ValuEngine lowered Napco Security Technologies from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. One analyst has rated the stock with a sell rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $30.46.

NSSC traded up $0.07 on Thursday, reaching $28.03. The company’s stock had a trading volume of 72,700 shares, compared to its average volume of 157,171. The company has a quick ratio of 2.50, a current ratio of 4.55 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $525.69 million, a price-to-earnings ratio of 42.47 and a beta of 0.58. Napco Security Technologies has a fifty-two week low of $13.77 and a fifty-two week high of $34.91. The stock has a 50 day moving average of $27.55 and a two-hundred day moving average of $28.04.

Napco Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. The business had revenue of $26.29 million for the quarter, compared to analyst estimates of $25.99 million. Napco Security Technologies had a return on equity of 20.17% and a net margin of 13.18%. The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.08 earnings per share. As a group, analysts anticipate that Napco Security Technologies will post 0.88 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NSSC. Columbus Circle Investors purchased a new position in Napco Security Technologies during the third quarter worth about $7,907,000. Summit Creek Advisors LLC purchased a new position in Napco Security Technologies during the third quarter worth about $6,649,000. Russell Investments Group Ltd. purchased a new position in Napco Security Technologies during the third quarter worth about $6,168,000. GW&K Investment Management LLC purchased a new position in Napco Security Technologies during the second quarter worth about $5,758,000. Finally, Tygh Capital Management Inc. purchased a new position in Napco Security Technologies during the third quarter worth about $3,928,000. Hedge funds and other institutional investors own 46.29% of the company’s stock.

Napco Security Technologies Company Profile

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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