Napco Security Technologies Inc. (NASDAQ:NSSC) saw an upside of 10.09% to close Tuesday at $23.24 after adding $2.13 on the day. The 5-day average trading volume is 4,233,020 shares of the company’s common stock. It has gained $39.01 in the past week and touched a new high 2 times within the past 5 days. An average of 1,219,955 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 706,606.
NSSC’s 1-month performance is -35.28% or -$13.23 on its low of $20.02 reached on 08/21/23. The company’s shares have touched a 52-week low of $20.02 and high of $41.25, with the stock’s rally to the 52-week high happening on 06/13/23. YTD, NSSC has lost -15.43% or -$4.24 and has reached a new high 13 times. However, the current price is down -43.66% from the 52-week high price.
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Insider Transactions
NSSC stock investors last saw insider trading activity on Feb 15.SOLOWAY RICHARD (President, CEO and Secretary) most recently sold 287,500 shares at $31.50 per share on Feb 15. This transaction cost the insider $9,056,250. Executive Vice President, BUCHEL KEVIN S, sold 12,500 shares at a price of $31.50 on Feb 15. Then, on Feb 13, President, CEO and Secretary SOLOWAY RICHARD sold 2,012,500 shares at a price of $31.50 per share. This transaction amounted to $63,393,750.
Valuation Metrics
NSSC stock has a beta of 1.22. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 5.04 while the price-to-book (PB) in the most recent quarter is 6.08, with the price to cash flow ratio at 89.46.
Napco Security Technologies Inc.’s quick ratio for the period ended March 30 was 4.70, with the current ratio over the same period at 7.30.. In terms of profitability, the gross margin trailing 12 months is 47.20%. The trailing 12-month EBITDA margin is 13.93% while for the period ending March 30, Napco Security Technologies Inc.’s operating margin was 21.80%. The firm’s gross profit as reported stood at $59.16 million against revenue of $143.59 million.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 69.83% to $10.84 million, while revenue of $8.45 million was 22.05% off the previous quarter. Analysts expected NSSC to announce $0.19 per share in earnings in its latest quarter, but it posted $0.29, representing a 52.60% surprise. EBITDA for the quarter stood at more than $12.4 million. NSSC stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 24.59 million, with total debt at $5.88 million. Shareholders hold equity totaling $36.77 million.
Let’s look briefly at Napco Security Technologies Inc. (NSSC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 19.72% to suggest the stock is trending oversold, with historical volatility in this time period at 308.78%.
The stock’s 5-day moving average is $31.87, reflecting a -39.24% or -$15.01 change from its current price. NSSC is currently trading -36.14% above its 20-day SMA, -37.41% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -38.79% and SMA200 by-13.64%.
Stochastic %K and %D was 35.57% and 59.08% and the average true range (ATR) pointed at 3.12. The RSI (14) points at 23.23%, while the 14-day stochastic is at 16.96% with the period’s ATR at 2.50. The stock’s 9-day MACD Oscillator is pointing at -6.97 and -7.60 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Napco Security Technologies Inc. (NASDAQ: NSSC), Needham reiterated its a Buy rating for the company but lifted their price target by $39 to $30. Analysts offering their rating for NSSC stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate NSSC as a “sell,”, while 3 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 3 have offered a “buy” rating.
What is NSSC’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $24.00 and a high of $43.00, with their median price target at $30.00. Looking at these predictions, the average price target given by analysts is for Napco Security Technologies Inc. (NSSC) stock is $33.40.
