Napco Security Technologies, Inc. (NASDAQ:NSSC) Receives $36.33 Consensus PT from Analysts

Napco Security Technologies, Inc. (NASDAQ:NSSC) has received a consensus rating of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $36.33.

Several equities analysts have recently weighed in on NSSC shares. Lake Street Capital set a $30.00 price target on shares of Napco Security Technologies and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Cowen downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. StockNews.com raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Needham & Company LLC reduced their target price on shares of Napco Security Technologies from $52.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, February 4th. Finally, Craig Hallum downgraded shares of 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 Trading Up 0.1 %

NASDAQ:NSSC opened at $25.24 on Friday. The company’s 50-day moving average price is $30.08 and its 200-day moving average price is $36.06. The company has a market cap of $918.76 million, a P/E ratio of 19.42 and a beta of 1.59. Napco Security Technologies has a twelve month low of $23.00 and a twelve month high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings results on Monday, February 3rd. The industrial products company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.06). The business 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 quarterly revenue was down 9.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.34 earnings per share. On average, analysts expect that Napco Security Technologies will post 1.24 earnings per share for the current year.

Napco Security Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date is Wednesday, March 12th. Napco Security Technologies’s dividend payout ratio (DPR) is 38.46%.

Institutional Investors Weigh In On Napco Security Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC raised its stake in shares of Napco Security Technologies by 72,300.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 724 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 723 shares during the period. New Age Alpha Advisors LLC purchased a new stake in shares of Napco Security Technologies in the 4th quarter valued at approximately $32,000. Caption Management LLC purchased a new stake in shares of Napco Security Technologies in the 4th quarter valued at approximately $33,000. First Horizon Advisors Inc. raised its stake in shares of Napco Security Technologies by 109.7% in the 3rd 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. Finally, KBC Group NV raised its stake in shares of Napco Security Technologies by 61.4% in the 3rd 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. 85.07% of the stock is owned by hedge funds and other institutional investors.

About Napco Security Technologies

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.