In a report released today, Chad Bennett from Craig-Hallum maintained a Buy rating on Napco Security Technologies (NSSC – Research Report). The company’s shares closed last Friday at $18.80.
According to TipRanks, Bennett is a 2-star analyst with an average return of -0.4% and a 45.50% success rate. Bennett covers the Technology sector, focusing on stocks such as Evolv Technologies Holdings, Backblaze, and PROS Holdings.
Currently, the analyst consensus on Napco Security Technologies is a Moderate Buy with an average price target of $25.67.
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Based on Napco Security Technologies’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $44.66 million and a net profit of $1.44 million. In comparison, last year the company earned a revenue of $43.23 million and had a net profit of $7.54 million
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Napco Security Technologies (NSSC) Company Description:
Napco Security Technologies, Inc. engages in the development, manufacture, and distribution of security products. It operates though Domestic and Foreign geographical segments. Its products include access control systems,door security products, intrusion and fire alarm systems, video surveillance products, and cellular communications services. The company was founded in 1969 and is headquartered in Amityville, NY.
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