Napco Security Technologies, Inc. (NASDAQ:NSSC) Receives $35.50 Consensus Target Price from Analysts

Napco Security Technologies, Inc. (NASDAQ:NSSC) has been given a consensus rating of “Hold” by the seven analysts that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $35.50.

A number of research analysts recently issued reports on the stock. Cowen cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating 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 lowered their target price for the company from $46.00 to $27.00 in a report on Tuesday, February 4th. Lake Street Capital cut their price target on Napco Security Technologies from $30.00 to $28.00 and set a “buy” rating on the stock in a research note on Tuesday, March 25th. Needham & Company LLC dropped their target price on Napco Security Technologies from $40.00 to $37.00 and set a “buy” rating on the stock in a report on Friday, March 21st. Finally, Craig Hallum cut Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 target price on the stock. in a research note on Tuesday, February 4th.

Napco Security Technologies Stock Performance

Shares of NASDAQ:NSSC opened at $20.26 on Thursday. The firm has a market capitalization of $737.48 million, a P/E ratio of 15.58 and a beta of 1.51. The stock has a 50 day moving average price of $25.46 and a 200-day moving average price of $33.50. Napco Security Technologies has a 52-week low of $19.00 and a 52-week high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last posted 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). Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. The firm had revenue of $42.90 million during the quarter, compared to the consensus estimate of $49.93 million. During the same quarter last year, the company posted $0.34 EPS. Napco Security Technologies’s revenue for the quarter was down 9.3% compared to the same quarter last year. On average, equities analysts forecast that Napco Security Technologies will post 1.24 EPS for the current fiscal year.

Napco Security Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.47%. The ex-dividend date was Wednesday, March 12th. Napco Security Technologies’s dividend payout ratio is currently 38.46%.

Institutional Investors Weigh In On Napco Security Technologies

Several large investors have recently bought and sold shares of NSSC. New Age Alpha Advisors LLC bought a new position in Napco Security Technologies during the 4th quarter valued at about $32,000. Caption Management LLC bought a new position in Napco Security Technologies during the fourth quarter valued at approximately $33,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Napco Security Technologies in the fourth quarter worth approximately $53,000. Mpwm Advisory Solutions LLC bought a new stake in Napco Security Technologies in the 4th quarter worth approximately $54,000. Finally, Physician Wealth Advisors Inc. purchased a new stake in Napco Security Technologies during the 4th quarter valued at $63,000. 85.07% of the stock is currently owned by institutional investors.

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.