BUZZ-Napco Security soars after robust Q4 results

Shares of electronic security devices and fire alarm systems provider Napco Security Technologies rose 19.7% to $45.6 in premarket trading after the company posted robust fourth-quarter results.

The company reported adjusted earnings per share of 50 cents, beating analysts' estimates of 39 cents, according to LSEG data. It also reported fourth-quarter revenue of $55.8 million, above estimates of $52.5 million.

NSSC said recurring service revenue rose 12.9%, while equipment revenue increased 7.7% year over year.

All six brokerages covering the stock rate it "buy"; the median price target is $50, LSEG data showed.

As of the last close, the stock was down 8.7% year to date.