Shareholders have to focus on NAPCO Security Technologies, Inc. (NASDAQ: NSSC) earning review

NAPCO Security Technologies, Inc. (NASDAQ: NSSC) stock identified change of 109.73% away from 52-week low price and recently located move of -17.27% off 52-week high price. It has market worth of $568.65M. NSSC stock has been recorded 3.63% away from 50 day moving average and 13.28% away from 200 day moving average. Moving closer, we can see that shares have been trading 2.78% off 20-day moving average.

NAPCO Security Technologies, Inc. (NASDAQ: NSSC), recently reported financial results for its fourth quarter and fiscal year ended June 30, 2019.

Net sales for the three months ended June 30, 2019 increased 9% to a record fourth quarter revenue of $29.6M, as contrast to $27.3M for the same period one year ago. Net sales for the fiscal year ended June 30, 2019 increased 12% to $102.9M, as contrast to $91.7M for the same period one year ago. Research and development costs for the quarter increased 8% to $1.9M or 6.3% of sales as contrast to $1.7M or 6.3% of sales last year. Research and development costs for fiscal year 2019 increased 9% to $7.2M or 7% of sales as contrast to $6.6M or 7.2% of sales last year. Selling, general and administrative expenses for the quarter increased 3% to $6.3M, or 21.3% of sales, as contrast to $6.1M, or 22.5% of sales for the same period last year. Selling, general and administrative expenses for the fiscal year ended June 30, 2019 increased 1% to $23.2M, or 22.6% of sales, as contrast to $23.0M, or 25.0% of sales for the same period last year.

Operating income for the three months ended June 30, 2019 increased 11% to $4.8M as contrast to $4.3M for the same period a year ago, Operating income for the fiscal year ended June 30, 2019 increased 60% to $13.5M, as contrast to $8.4M for the same period a year ago.

Net income for the three months ended June 30, 2019 increased 28% to a fourth quarter record of $4.7M, or $0.26 per diluted share, as contrast to $3.7M, or $0.20 per share, for the same quarter last year. Net income for the fiscal year ended June 30, 2019 increased 60% to a record $12.2M, or $0.66 per diluted share, as contrast to $7.6M, or $0.41 per share, for the same period last year.

Adjusted EBITDA for the three months ended June 30, 2019 increased 10% to $5.2M, or $0.28 per diluted share, as contrast to $4.7M, or $0.25 per diluted share for the same period last year. Adjusted EBITDA for the fiscal year ended June 30, 2019 increased 51% to  $15.0M, or $0.81 per diluted share, as contrast to $10.0M, or $0.53 per diluted share for the same period last year.

Balance Sheet Summary

At June 30, 2019, the Company had $8.0M in cash and cash equivalents as contrast to $5.3M as of June 30, 2018. NAPCO had working capital (defined as current assets less current liabilities) of $51.1M at June 30, 2019 as contrast with working capital of $44.3M at June 30, 2018.

The Services sector company, Napco Security Technologies, Inc. noticed change of 1.37% to $28.88 along volume of 305334 shares in recent session compared to an average volume of 180.78K. The stock observed return of -5.44% in 5 days trading activity. The stock was at 9.94% over one month performance. NSSC’s shares are at -0.07% for the quarter and driving a 100.28% return over the course of the past year and is now at 83.37% since this point in 2018.   The average volatility for the week at 4.97% and for month was at 4.07%. There are 19.69M shares outstanding and 11.52M shares are floated in market. Right now the stock beta is 0.57.

2021's Most Anticipated Growth & Wealth-Building Opportunity

Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together

Amy Jimenez

Amy Jimenez– Services My name is Amy Jimenez, and I am the main writer behind the" allthetopnews.com" for the ground-breaking and most fragile bits of knowledge into the most recent news in the services sector. I began my voyage of work as an autonomous investment advisor. I had around 4 years of involvement in this field. I am a free soul so; my energy for investigating the world has taken me to the countries over the globe and allowed me to report for a part of the best news affiliations. At present, I am a full-time manager as experienced in the account and began to utilize my capacities.

2021's Most Anticipated Growth & Wealth-Building Opportunity

Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together