As of Wednesday close, Napco Security Technologies Inc.’s (NASDAQ:NSSC) stock was up $0.3, moving up 1.22 percent to $24.80. The average number of shares traded per day over the past five days has been 1,115,220 shares. 3 times new highs have been achieved over the past 5 days, with a $1.25 gain in that time frame. In the last twenty days, the average volume was 1,500,675, while in the previous 50 days, it was 787,508.
Since last month, NSSC stock retreated -33.58%. Shares of the company fell to $20.02 on 08/21/23, the lowest level in the past month. A 52-week high of $41.25 was reached on 06/13/23 after having rallying from a 52-week low of $20.02. Since the beginning of this year, NSSC’s stock price has dropped by -9.75% or -$2.68, and marked a new high 13 times. However, the stock has declined by -39.88% since its 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
NSSC stock investors should be aware that Napco Security Technologies Inc. (NSSC) stock had its last reported insider trading activity 197 days ago on Feb 15. SOLOWAY RICHARD, the President, CEO and Secretary of the company, disposed of 287,500 shares for $31.50 on Feb 15. It resulted in a $9,056,250 divestment by the insider. BUCHEL KEVIN S sold 12,500 shares at an average price of $31.50 on Feb 15. The insider now owns 99,829 shares following the transaction. On Feb 13, President, CEO and Secretary SOLOWAY RICHARD sold 2,012,500 shares at $31.50 apiece. The transaction was valued at $63,393,750.
Valuation Metrics
Right now, Napco Security Technologies Inc. (NSSC) has a P/E ratio of about 27.62. The stock’s beta is 1.16. Besides these, the trailing price-to-sales (P/S) ratio of 5.41, the price-to-book (PB) ratio of 6.49, and the price-to-cash flow ratio of 95.94 may also be considered.
The latest dividend of $0.08 per share was paid out, which is 28.0% more than last year’s $0.0625. On Friday August 18 2023, a $0.0175 dividend increase was announced.
Financial Health
In the three months ended June 29, Napco Security Technologies Inc.’s quick ratio stood at 4.70, while its current ratio was 7.30, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 47.20% percent. In the year ended June 29, EBITDA margin amounted to 13.93%, whereas operating margins totaled 21.80%. Based on annual data, NSSC earned $59.16 million in gross profit and brought in $143.59 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 17.50%. Return on equity (ROE) for the past 12 months was 26.30%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. NSSC’s revenue rose 17.51% to $42.31 million during the quarter, while net income inched up to $43.53 million. While analysts expected Napco Security Technologies Inc. to report $0.27 quarterly earnings, the actual figure was $0.28 per share, beating the consensus estimate by 3.70%. During the quarter, the company generated $12.4 million in EBITDA. The liabilities of Napco Security Technologies Inc. were 24.59 million at the end of its most recent quarter ended June 29, and its total debt was $5.69 million. The value of shareholders’ equity is $36.77 million.
Technical Picture
This quick technical analysis looks at Napco Security Technologies Inc.’s (NSSC) price momentum. With a historical volatility rate of 312.32%, the RSI 9-day stood at 32.06% on 30 August.
With respect to its five-day moving average, the current Napco Security Technologies Inc. price is up by +5.31% percent or $1.25. At present, NSSC shares trade -32.04% below its 20-day simple moving average and -26.39% percent below its 100-day simple moving average. However, the stock is currently trading approximately -32.97% below its SMA50 and -11.24% below its SMA200.
Stochastic coefficient K was 21.10% and Stochastic coefficient D was 17.56%, while ATR was 2.20. Given the Stochastic reading of 25.17% for the 14-day period, the RSI (14) reading has been calculated as 31.78%. As of today, the MACD Oscillator reading stands at -0.84, while the 14-day reading stands at -5.63.
Analyst Ratings
Needham reiterated its a Buy rating on Napco Security Technologies Inc. (NASDAQ: NSSC) in a note to investors. The analysts firm has however raised their price target to $32, representing a possible 17.33% increase in the stock price. Napco Security Technologies Inc. (NSSC) has been rated Overweight by analysts. According to 0 brokerage firms, NSSC is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Napco Security Technologies Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $30.00, the current consensus forecast for the stock is $24.00 – $43.00. Based on these forecasts, analysts predict Napco Security Technologies Inc. (NSSC) will achieve an average price target of $31.20.
