The shares sold off after disappointing hardware sales in Q2, but the worries seem very overdone to us. The company’s biggest distributor is running down inventory, as it’s in the process of being acquired. This will reverse in the quarters to come. Meanwhile, the rapid rise in recurring revenue continues unabated, as does the associated […]
Entries Tagged as 'NSSC'
February 7th, 2020 · Comments Off on The Sell-Off In Napco Security Technologies Is Overdone
September 13th, 2019 · Comments Off on Napco Security Technologies Selloff Offers An Opportunity
The shares sold off big-time after Q4 results which looks more like profit taking than anything really disappointing. The company’s new products provide even more opportunities to boost its high-margin, fast growing recurring revenues. School security is an another obvious growth driver. The company benefits from operational leverage and we see no objections to higher […]
June 27th, 2018 · Comments Off on NAPCO Has Considerable Upside
The shares of NAPCO were range-bound for quite some time but they have suddenly taken off after a stellar third quarter. The company is driven forward by increasing recurring revenue, brisk demand for school safety products and operational improvements. The future is looking bright as the company will likely benefit from both gross and operational […]