Napco Security Technologies, Inc. (NASDAQ:NSSC) Receives $46.43 Average Price Target from Brokerages

Napco Security Technologies, Inc. (NASDAQ:NSSC) has been given an average recommendation of “Moderate Buy” by the seven brokerages that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $46.43.

A number of research firms have weighed in on NSSC. DA Davidson dropped their target price on shares of Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Craig Hallum dropped their target price 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. StockNews.com raised Napco Security Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Lake Street Capital reduced their price objective on shares of 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. Finally, TD Cowen decreased their target price on Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th.

Napco Security Technologies Stock Performance

Shares of NSSC opened at $34.96 on Friday. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 25.71 and a beta of 1.65. Napco Security Technologies has a 52 week low of $31.77 and a 52 week high of $58.09. The stock has a fifty day moving average of $36.87 and a 200-day moving average of $42.54.

Napco Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.05). The company had revenue of $44.00 million during the quarter, compared to analyst estimates of $46.56 million. Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. Napco Security Technologies’s revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.28 earnings per share. As a group, equities analysts forecast that Napco Security Technologies will post 1.55 EPS for the current year.

Napco Security Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, December 12th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend was Thursday, December 12th. Napco Security Technologies’s payout ratio is 36.76%.

Institutional Investors Weigh In On Napco Security Technologies

A number of large investors have recently modified their holdings of the stock. AE Wealth Management LLC raised its position in Napco Security Technologies by 3.8% in the 2nd quarter. AE Wealth Management LLC now owns 5,189 shares of the industrial products company’s stock worth $270,000 after buying an additional 189 shares during the last quarter. Quarry LP grew its position in shares of Napco Security Technologies by 91.2% during the second quarter. Quarry LP now owns 654 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 312 shares in the last quarter. Allworth Financial LP lifted its stake in Napco Security Technologies by 18.9% in the 3rd quarter. Allworth Financial LP now owns 2,515 shares of the industrial products company’s stock worth $102,000 after purchasing an additional 400 shares in the last quarter. KBC Group NV grew its holdings in Napco Security Technologies by 61.4% during the 3rd quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock valued at $45,000 after buying an additional 424 shares in the last quarter. Finally, US Bancorp DE increased its stake in Napco Security Technologies by 9.1% during the third quarter. US Bancorp DE now owns 5,329 shares of the industrial products company’s stock worth $216,000 after acquiring an additional 443 shares during the last quarter. Institutional investors own 85.07% of the company’s stock.

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.