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

Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) have been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $47.14.

Several equities analysts have recently commented on the company. Craig Hallum lowered their price objective on Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Lake Street Capital dropped their price target on Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. DA Davidson cut their price objective on shares of Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Needham & Company LLC boosted their target price on shares of Napco Security Technologies from $52.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, August 27th. Finally, TD Cowen dropped their target price on shares of Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th.

Insider Buying and Selling

In other news, Director Paul Stephen Beeber sold 708 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $37.12, for a total value of $26,280.96. Following the completion of the sale, the director now directly owns 2,681 shares of the company’s stock, valued at $99,518.72. This trade represents a 20.89 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.24% of the stock is currently owned by company insiders.

Institutional Trading of Napco Security Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC lifted its stake in Napco Security Technologies by 250.8% in the second quarter. SG Americas Securities LLC now owns 22,714 shares of the industrial products company’s stock worth $1,180,000 after purchasing an additional 16,239 shares during the last quarter. Natixis Advisors LLC purchased a new stake in shares of Napco Security Technologies in the second quarter worth approximately $6,141,000. Envestnet Asset Management Inc. lifted its stake in shares of Napco Security Technologies by 35.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 385,354 shares of the industrial products company’s stock worth $20,019,000 after acquiring an additional 101,182 shares during the last quarter. Copeland Capital Management LLC boosted its holdings in Napco Security Technologies by 108.6% during the 3rd quarter. Copeland Capital Management LLC now owns 1,038,128 shares of the industrial products company’s stock valued at $42,003,000 after acquiring an additional 540,436 shares during the period. Finally, Thrivent Financial for Lutherans bought a new position in Napco Security Technologies in the 3rd quarter valued at $2,644,000. Hedge funds and other institutional investors own 85.07% of the company’s stock.

Napco Security Technologies Trading Down 2.8 %

NASDAQ NSSC opened at $38.91 on Friday. Napco Security Technologies has a 12 month low of $29.18 and a 12 month high of $58.09. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 28.61 and a beta of 1.64. The company’s 50 day moving average is $39.06 and its two-hundred day moving average is $46.19.

Napco Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.05). Napco Security Technologies had a net margin of 26.43% and a return on equity of 29.56%. The firm had revenue of $44.00 million for the quarter, compared to the consensus estimate of $46.56 million. During the same quarter in the previous year, the business earned $0.28 earnings per share. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. Sell-side analysts forecast that Napco Security Technologies will post 1.49 EPS for the current year.

Napco Security Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, December 12th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, December 12th. Napco Security Technologies’s dividend payout ratio (DPR) is presently 36.76%.

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.