Napco Security Technologies (NSSC) Upgraded at BidaskClub

Napco Security Technologies (NASDAQ:NSSC) was upgraded by investment analysts at BidaskClub from a “hold” rating to a “buy” rating in a report issued on Friday.

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

Shares of Napco Security Technologies stock opened at $14.80 on Friday. The firm has a market cap of $278.16 million, a PE ratio of 35.36 and a beta of 0.35. 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 announced its quarterly earnings results on Tuesday, September 4th. The industrial products company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). The firm had revenue of $27.26 million for the quarter. Napco Security Technologies had a net margin of 8.34% and a return on equity of 12.75%. During the same quarter in the prior year, the company posted $0.17 EPS.

Several institutional investors have recently made changes to their positions in NSSC. Cambridge Investment Research Advisors Inc. purchased a new position in shares of Napco Security Technologies during the first quarter valued at $240,000. Dimensional Fund Advisors LP increased its stake in shares of Napco Security Technologies by 1.6% during the first quarter. Dimensional Fund Advisors LP now owns 941,471 shares of the industrial products company’s stock valued at $11,015,000 after buying an additional 14,415 shares during the period. North Star Investment Management Corp. purchased a new position in shares of Napco Security Technologies during the second quarter valued at $1,279,000. Raymond James Financial Services Advisors Inc. purchased a new position in shares of Napco Security Technologies during the second quarter valued at $212,000. Finally, Wasatch Advisors Inc. boosted its position in Napco Security Technologies by 3.1% during the second quarter. Wasatch Advisors Inc. now owns 726,659 shares of the industrial products company’s stock valued at $10,646,000 after purchasing an additional 21,950 shares in the last quarter. Hedge funds and other institutional investors own 32.65% 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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