Napco Security Technologies, Inc. (NASDAQ:NSSC) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) have received a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $38.17.

A number of analysts have recently issued reports on the stock. Needham & Company LLC reduced their price objective on shares of Napco Security Technologies from $52.00 to $40.00 and set a “buy” rating for the company in a research note on Tuesday, February 4th. StockNews.com upgraded shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd. Craig Hallum lowered shares of Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 target price for the company. in a research report on Tuesday, February 4th. TD Cowen lowered shares of Napco Security Technologies from a “buy” rating to a “hold” rating and dropped their target price for the stock from $46.00 to $27.00 in a research report on Tuesday, February 4th. Finally, Lake Street Capital dropped their target price on shares of Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th.

Hedge Funds Weigh In On Napco Security Technologies

Institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its position in Napco Security Technologies by 72,300.0% during the third quarter. Farther Finance Advisors LLC now owns 724 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 723 shares during the last quarter. New Age Alpha Advisors LLC bought a new position in Napco Security Technologies during the fourth quarter valued at $32,000. Caption Management LLC bought a new position in Napco Security Technologies during the fourth quarter valued at $33,000. KBC Group NV raised its stake in shares of Napco Security Technologies by 61.4% in the third quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 424 shares during the period. Finally, First Horizon Advisors Inc. raised its stake in shares of Napco Security Technologies by 109.7% in the third quarter. First Horizon Advisors Inc. now owns 1,107 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 579 shares during the period. Institutional investors own 85.07% of the company’s stock.

Napco Security Technologies Price Performance

Shares of NASDAQ NSSC opened at $25.30 on Wednesday. The firm has a fifty day moving average price of $33.70 and a 200-day moving average price of $39.14. The stock has a market cap of $928.11 million, a PE ratio of 19.46 and a beta of 1.64. Napco Security Technologies has a 1 year low of $24.90 and a 1 year high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings data on Monday, February 3rd. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06). The firm had revenue of $42.90 million during the quarter, compared to analysts’ expectations of $49.93 million. Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. The business’s revenue for the quarter was down 9.3% on a year-over-year basis. During the same period last year, the company earned $0.34 earnings per share. On average, research analysts expect that Napco Security Technologies will post 1.55 EPS for the current year.

Napco Security Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.50 annualized dividend and a yield of 1.98%. Napco Security Technologies’s dividend payout ratio (DPR) is currently 38.46%.

Napco Security Technologies Company Profile

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.