NAPCO Security Technologies (NASDAQ:NSSC) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Key Points

• NAPCO reported Q‑results of $0.39 EPS, beating estimates by $0.04, with revenue up 11.8% year‑over‑year and strong profitability metrics (net margin 24.7% and ROE 27.45%).
• The stock trades near $46.72 with a market cap of $1.67 billion and a P/E of 35.13; analysts show a consensus "Moderate Buy" (six Buys, two Holds) with an average price target of $47.83.
• CEO Richard Soloway sold 129,682 shares for about $5.83 million (a 10.12% reduction in his position); insiders own 5.65% of the stock while institutional investors hold ~85.07%.

NAPCO Security Technologies (NASDAQ:NSSC - Get Free Report) posted its quarterly earnings results on Monday. The industrial products company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04, Briefing.com reports. NAPCO Security Technologies had a return on equity of 27.45% and a net margin of 24.70%.NAPCO Security Technologies's revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.28 EPS.

NAPCO Security Technologies Stock Performance

Shares of NASDAQ NSSC opened at $46.72 on Monday. The company has a market cap of $1.67 billion, a price-to-earnings ratio of 35.13 and a beta of 1.55. NAPCO Security Technologies has a 12 month low of $23.10 and a 12 month high of $48.12. The stock has a 50-day moving average price of $43.25 and a two-hundred day moving average price of $42.20.

Analysts Set New Price Targets

Several research firms have recently weighed in on NSSC. Needham & Company LLC restated a "buy" rating and set a $49.00 price objective (up from $47.00) on shares of NAPCO Security Technologies in a research note on Monday, February 2nd. Weiss Ratings reiterated a "hold (c+)" rating on shares of NAPCO Security Technologies in a research report on Monday, April 27th. Finally, DA Davidson reiterated a "buy" rating and issued a $50.00 price target on shares of NAPCO Security Technologies in a research report on Tuesday, February 3rd. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, NAPCO Security Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $47.83.

Insider Buying and Selling at NAPCO Security Technologies

In related news, CEO Richard Soloway sold 129,682 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $44.99, for a total value of $5,834,393.18. Following the completion of the transaction, the chief executive officer owned 1,152,276 shares of the company's stock, valued at $51,840,897.24. This represents a 10.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 5.65% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. IFP Advisors Inc boosted its holdings in shares of NAPCO Security Technologies by 193.3% during the 3rd quarter. IFP Advisors Inc now owns 572 shares of the industrial products company's stock valued at $25,000 after acquiring an additional 377 shares in the last quarter. Advisory Services Network LLC acquired a new position in NAPCO Security Technologies in the 3rd quarter worth about $41,000. Acadian Asset Management LLC bought a new position in NAPCO Security Technologies in the first quarter valued at about $91,000. Kemnay Advisory Services Inc. acquired a new stake in shares of NAPCO Security Technologies during the fourth quarter valued at about $107,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of NAPCO Security Technologies during the second quarter valued at about $130,000. 85.07% of the stock is currently owned by institutional investors and hedge funds.

NAPCO Security Technologies Company Profile

NAPCO Security Technologies, Inc NASDAQ: NSSC is a designer and manufacturer of electronic security solutions for commercial and residential applications. The company's product portfolio spans intrusion and fire alarm control panels, alarm communicators, access control locks and readers, as well as a broad range of peripheral modules and integrated security accessories. NAPCO's offerings are engineered to deliver scalable, networked security systems suitable for new installations and retrofit projects alike.

Key product lines include hybrid alarm control panels that support both wired and wireless peripherals, cellular and IP alarm communicators for reliable central station reporting, and the acclaimed “Alarm Lock” series of standalone and networked electronic door locks.

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