What's the long-term outlook for NSSC's EPS growth?

**Napco Security Technologies (NSSC) exhibits positive long-term prospects for EPS growth**, as evidenced by the following points:

1. **Consistent Financial Performance**: NSSC has demonstrated strong financial performance, with a focus on access control systems, door-locking products, intrusion and fire alarm systems, and video surveillance systems. This diverse product portfolio caters to various sectors, ensuring consistent revenue streams.
2. **Recurring Revenue Growth**: The company has seen recurring revenue increase by 15%, reaching $21.2 million, indicating a stable and growing revenue base. This is a positive indicator for future EPS growth, as recurring revenue provides a predictable income stream.
3. **Gross Margin Improvement**: NSSC has improved its gross margin to 57%, with a gross margin of 91% for its recurring revenue. This suggests efficient cost management and profitability, which are crucial for EPS growth.
4. **Investor Confidence and Institutional Support**: Institutional investments, such as those by Truist Financial Corp and Los Angeles Capital Management LLC, reflect confidence in NSSC's growth potential. Institutional support often precedes or confirms strong future earnings growth.
5. **Analyst Ratings and Market Sentiment**: The Buy rating from Needham analyst James Ricchiuti indicates positive market sentiment and expectations for future growth. Analysts typically provide ratings based on their assessment of a company's financial health and growth prospects.
6. **Strategic Acquisitions**: NSSC's strategic acquisitions, such as the one by Linden Thomas Advisory Services LLC, contribute to building investor confidence and enhancing the company's market position. These acquisitions often lead to increased market share and revenue, supporting EPS growth.

In conclusion, NSSC's diversified revenue model, strategic acquisitions, and positive financial metrics suggest a favorable long-term outlook for EPS growth.