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

Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) have been given a consensus recommendation of “Hold” by the seven research firms that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $35.50.

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

Napco Security Technologies Stock Down 4.2 %

Shares of NASDAQ NSSC opened at $20.28 on Thursday. The stock’s 50-day simple moving average is $25.75 and its two-hundred day simple moving average is $33.69. Napco Security Technologies has a twelve month low of $19.63 and a twelve month high of $58.09. The firm has a market capitalization of $738.21 million, a P/E ratio of 15.60 and a beta of 1.59.

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 for the quarter, missing the consensus estimate 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 company 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 earnings per share. The firm’s revenue for the quarter was down 9.3% on a year-over-year basis. As a group, research analysts anticipate that Napco Security Technologies will post 1.24 EPS for the current fiscal year.

Napco Security Technologies Dividend Announcement

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

Institutional Trading of Napco Security Technologies

A number of institutional investors have recently modified their holdings of NSSC. New Age Alpha Advisors LLC bought a new position in Napco Security Technologies during the 4th quarter valued at approximately $32,000. Caption Management LLC bought a new position in shares of 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 $53,000. Mpwm Advisory Solutions LLC purchased a new stake in Napco Security Technologies in the fourth quarter worth $54,000. Finally, Physician Wealth Advisors Inc. bought a new stake in Napco Security Technologies in the fourth quarter valued at $63,000. 85.07% of the stock is currently owned by hedge funds and other 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.