Somewhat Favorable News Coverage Somewhat Unlikely to Affect NAPCO Security Technologies (NASDAQ:NSSC) Stock Price
Headlines about NAPCO Security Technologies (NASDAQ:NSSC) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. NAPCO Security Technologies earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 46.7448320369328 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, Canaccord Genuity initiated coverage on shares of NAPCO Security Technologies in a report on Wednesday, May 24th. They set a “buy” rating and a $12.00 target price on the stock.
Shares of NAPCO Security Technologies (NSSC) traded up 2.19% on Tuesday, reaching $9.35. 3,605 shares of the company were exchanged. The firm has a 50 day moving average price of $9.38 and a 200-day moving average price of $9.58. NAPCO Security Technologies has a 12-month low of $6.39 and a 12-month high of $10.95. The stock has a market capitalization of $176.19 million, a PE ratio of 30.26 and a beta of 0.52.
NAPCO Security Technologies (NASDAQ:NSSC) last released its earnings results on Monday, May 8th. The industrial products company reported $0.05 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by $0.02. The business had revenue of $20.80 million for the quarter, compared to the consensus estimate of $21.50 million. NAPCO Security Technologies had a net margin of 6.78% and a return on equity of 11.09%. NAPCO Security Technologies’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.02 EPS. On average, analysts predict that NAPCO Security Technologies will post $0.32 EPS for the current fiscal year.
In other NAPCO Security Technologies news, Director Paul Stephen Beeber sold 2,886 shares of the stock in a transaction on Friday, June 23rd. The shares were sold at an average price of $9.20, for a total transaction of $26,551.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 37.81% of the company’s stock.
About NAPCO Security Technologies
NAPCO Security Technologies, Inc is a manufacturer of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold across the world principally to independent distributors, dealers and installers of security equipment.
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