According to several reports, the research investment analysts working at Needham & Company have already started covering the shares of NSSC. This report further states that a rating of buy has been set up on the stock, along with a price target of $35. The price target set by Needham indicates a positive increase in the annual growth rate of the company by 28.91%.
The Quarterly Earnings of NSSC
There are quite a few research equities that have commented on the stocks of NSSC. ValuEngine has decreased the rating of the company from a rating of buy to a rating of hold in a 5th January research report. B. Riley has decreed that the company will be given a rating of buy, along with a $40 price target on the company. BidaskClub has also increased the rating of the company from buy to strong-buy in a research note that was published on the 7th of January. Zacks Investment Research has increased the rating of the company from a rating of sell to a rating of hold in a 5th January research report. In the end, Lake Street Capital went ahead and increased the price target on the company from $24 to $29 with a rating of buy on the company.
Two of the investment analysts have already given the stocks a rating of hold, while five of them gave it a rating of buy. Currently, the rating on NSSC is buy, along with a price target of $30.50.
The stocks of NSSC traded at $27.15 last Tuesday. The debt-to-equity ratio of the company is 0.04, with a quick ratio of around 3.11. The market cap of the firm is $498.12 million, with a PE ratio of 64.64, and a beta of 1.41. The moving average of the company over 50 days is $28.03, along with a moving average for 200-days of $25.52.
