Napco Security Technologies, Inc. (NASDAQ:NSSC) Receives Consensus Rating of “Hold” from Analysts

Shares of Napco Security Technologies, Inc. (NASDAQ:NSSCGet Free Report) have earned an average recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $41.83.

NSSC has been the subject of several analyst reports. B. Riley upped their price objective on Napco Security Technologies from $36.00 to $45.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 7th. Imperial Capital cut Napco Security Technologies from an “outperform” rating to an “in-line” rating and set a $45.00 price target on the stock. in a report on Tuesday, February 6th. StockNews.com downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 13th. DA Davidson initiated coverage on shares of Napco Security Technologies in a research note on Friday, April 26th. They issued a “buy” rating and a $52.00 target price for the company. Finally, Needham & Company LLC lifted their price objective on Napco Security Technologies from $46.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, May 7th.

Check Out Our Latest Stock Report on NSSC

Napco Security Technologies Stock Down 0.5 %

NASDAQ NSSC opened at $44.40 on Monday. The firm has a market cap of $1.64 billion, a PE ratio of 35.24 and a beta of 1.51. Napco Security Technologies has a 52 week low of $17.76 and a 52 week high of $46.41. The business’s fifty day simple moving average is $41.00 and its 200-day simple moving average is $36.24.

Napco Security Technologies (NASDAQ:NSSCGet Free Report) last announced its earnings results on Monday, May 6th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.03. The company had revenue of $49.30 million for the quarter, compared to analyst estimates of $48.16 million. Napco Security Technologies had a return on equity of 30.50% and a net margin of 25.58%. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.29 earnings per share. Research analysts expect that Napco Security Technologies will post 1.33 EPS for the current year.

Napco Security Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 24th. Stockholders of record on Monday, June 3rd will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, June 3rd. This represents a $0.40 annualized dividend and a dividend yield of 0.90%. Napco Security Technologies’s payout ratio is 31.75%.

Insider Activity at Napco Security Technologies

In other Napco Security Technologies news, CEO Richard Soloway sold 50,000 shares of the firm’s stock in a transaction on Monday, April 8th. The stock was sold at an average price of $40.75, for a total value of $2,037,500.00. Following the sale, the chief executive officer now directly owns 1,656,010 shares in the company, valued at $67,482,407.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last ninety days, insiders have sold 328,000 shares of company stock valued at $14,350,860. Corporate insiders own 11.54% of the company’s stock.

Hedge Funds Weigh In On Napco Security Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Quadrant Capital Group LLC increased its holdings in shares of Napco Security Technologies by 332.9% in the fourth quarter. Quadrant Capital Group LLC now owns 736 shares of the industrial products company’s stock valued at $25,000 after buying an additional 566 shares in the last quarter. Hollencrest Capital Management acquired a new position in Napco Security Technologies in the 1st quarter valued at approximately $27,000. Whittier Trust Co. acquired a new stake in shares of Napco Security Technologies during the 1st quarter valued at $28,000. Arcadia Investment Management Corp MI grew its holdings in shares of Napco Security Technologies by 48.6% during the 4th quarter. Arcadia Investment Management Corp MI now owns 1,403 shares of the industrial products company’s stock valued at $48,000 after acquiring an additional 459 shares in the last quarter. Finally, RiverPark Advisors LLC raised its holdings in shares of Napco Security Technologies by 80.1% during the fourth quarter. RiverPark Advisors LLC now owns 1,671 shares of the industrial products company’s stock worth $57,000 after acquiring an additional 743 shares in the last quarter. Institutional investors own 85.07% of the company’s stock.

About Napco Security Technologies

(Get Free Report

Napco Security Technologies, Inc develops, manufactures, and sells electronic security products in the United States and internationally. The company offers access control systems, door-locking products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications.

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Analyst Recommendations for Napco Security Technologies (NASDAQ:NSSC)

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