Napco Security Technologies Analysts Cut Their Forecasts After Downbeat Earnings

Benzinga

06 Nov 2024

Napco Security Technologies, Inc. (NASDAQ:NSSC) announced downbeat quarterly results on Monday.

NAPCO Security Techs reported quarterly earnings of 30 cents per share which missed the analyst consensus estimate of 35 cents per share. The company reported quarterly sales of $44.003 million which missed the analyst consensus estimate of $47.726 million.

Richard Soloway, Chairman and CEO, commented, “Fiscal 2025 began with record revenue and net income for any first quarter in the Company’s history and represents the sixteenth consecutive quarter of record sales for a quarterly reporting period. Our record quarterly net income of $11.2 million represents 25% of sales, and our Adjusted EBITDA was $12.3 million for Q1 and equates to a 28% EBITDA margin.”

NAPCO Security Techs shares gained 3.7% to trade at $35.79 on Tuesday.

These analysts made changes to their price targets on NAPCO Security following earnings announcement.

Craig-Hallum analyst Jeremy Hamblin maintained NAPCO Security Techs with a Buy and lowered the price target from $65 to $48.
TD Cowen analyst Lance Vitanza maintained the stock with a Buy and lowered the price target from $60 to $46.

Considering buying XPO stock? Here’s what analysts think:

Read More:

This eBay Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday

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(NASDAQ:NSSC) announced downbeat quarterly results on Monday.</p>\n<p>NAPCO Security Techs reported quarterly earnings of 30 cents per share which missed the analyst consensus estimate of 35 cents per share. The company reported quarterly sales of $44.003 million which missed the analyst consensus estimate of $47.726 million.</p>\n<p>Richard Soloway, Chairman and CEO, commented, “Fiscal 2025 began with record revenue and net income for any first quarter in the Company’s history and represents the sixteenth consecutive quarter of record sales for a quarterly reporting period. Our record quarterly net income of $11.2 million represents 25% of sales, and our Adjusted EBITDA was $12.3 million for Q1 and equates to a 28% EBITDA margin.”</p>\n<p>NAPCO Security Techs shares gained 3.7% to trade at $35.79 on Tuesday.</p>\n<p>These analysts made changes to their price targets on NAPCO Security following earnings announcement.</p>\n<ul>\n<li>Craig-Hallum analyst Jeremy Hamblin maintained NAPCO Security Techs with a Buy and lowered the price target from $65 to $48.</li>\n<li>TD Cowen analyst Lance Vitanza maintained the stock with a Buy and lowered the price target from $60 to $46.</li>\n</ul>\n<p><strong>Considering buying XPO stock? Here’s what analysts think: </strong></p>\n<figure><img decoding=\"async\" height=\"513\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05134924/image-36-1024x513.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05134924/image-36-1024x513.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05134924/image-36-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05134924/image-36-768x385.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05134924/image-36.png 1211w\" width=\"1024\"/></figure>\n<p><strong>Read More: </strong></p>\n<ul>\n<li><strong>This <a href=\"https://laohu8.com/S/EBAY\">eBay</a> Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday</strong></li>\n</ul></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Napco Security Technologies Analysts Cut Their Forecasts After Downbeat Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNapco Security Technologies Analysts Cut Their Forecasts After Downbeat Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2024-11-06 02:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Napco Security Technologies, Inc</strong>. (NASDAQ:NSSC) announced downbeat quarterly results on Monday.</p>\n<p>NAPCO Security Techs reported quarterly earnings of 30 cents per share which missed the analyst consensus estimate of 35 cents per share. The company reported quarterly sales of $44.003 million which missed the analyst consensus estimate of $47.726 million.</p>\n<p>Richard Soloway, Chairman and CEO, commented, “Fiscal 2025 began with record revenue and net income for any first quarter in the Company’s history and represents the sixteenth consecutive quarter of record sales for a quarterly reporting period. Our record quarterly net income of $11.2 million represents 25% of sales, and our Adjusted EBITDA was $12.3 million for Q1 and equates to a 28% EBITDA margin.”</p>\n<p>NAPCO Security Techs shares gained 3.7% to trade at $35.79 on Tuesday.</p>\n<p>These analysts made changes to their price targets on NAPCO Security following earnings announcement.</p>\n<ul>\n<li>Craig-Hallum analyst Jeremy Hamblin maintained NAPCO Security Techs with a Buy and lowered the price target from $65 to $48.</li>\n<li>TD Cowen analyst Lance Vitanza maintained the stock with a Buy and lowered the price target from $60 to $46.</li>\n</ul>\n<p><strong>Considering buying XPO stock? Here’s what analysts think: </strong></p>\n<figure><img decoding=\"async\" height=\"513\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05134924/image-36-1024x513.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05134924/image-36-1024x513.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05134924/image-36-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05134924/image-36-768x385.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05134924/image-36.png 1211w\" width=\"1024\"/></figure>\n<p><strong>Read More: </strong></p>\n<ul>\n<li><strong>This <a href=\"https://laohu8.com/S/EBAY\">eBay</a> Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday</strong></li>\n</ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NSSC","symbol_name":"NAPCO Security Technologies","start_time":0,"source_url":"https://www.benzinga.com/news/earnings/24/11/41754598/napco-security-technologies-analysts-cut-their-forecasts-after-downbeat-earnings","article_id":"2481634860","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481634860","pubTimestamp":1730832649,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NSSC":"NAPCO Security Technologies"},"translate_title":"Napco Security Technologies分析师在盈利悲观后下调了预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NSSC":0.9},"content_text":"Napco Security Technologies, Inc. (NASDAQ:NSSC) announced downbeat quarterly results on Monday.\nNAPCO Security Techs reported quarterly earnings of 30 cents per share which missed the analyst consensus estimate of 35 cents per share. The company reported quarterly sales of $44.003 million which missed the analyst consensus estimate of $47.726 million.\nRichard Soloway, Chairman and CEO, commented, “Fiscal 2025 began with record revenue and net income for any first quarter in the Company’s history and represents the sixteenth consecutive quarter of record sales for a quarterly reporting period. Our record quarterly net income of $11.2 million represents 25% of sales, and our Adjusted EBITDA was $12.3 million for Q1 and equates to a 28% EBITDA margin.”\nNAPCO Security Techs shares gained 3.7% to trade at $35.79 on Tuesday.\nThese analysts made changes to their price targets on NAPCO Security following earnings announcement.\n\nCraig-Hallum analyst Jeremy Hamblin maintained NAPCO Security Techs with a Buy and lowered the price target from $65 to $48.\nTD Cowen analyst Lance Vitanza maintained the stock with a Buy and lowered the price target from $60 to $46.\n\nConsidering buying XPO stock? Here’s what analysts think: \n\nRead More: \n\nThis eBay Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}