Napco Security Technologies, Inc. (NASDAQ:NSSC) Receives Average Rating of “Moderate Buy” from Analysts

Napco Security Technologies, Inc. (NASDAQ:NSSC) has been assigned an average rating of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $38.17.

A number of equities analysts have weighed in on NSSC shares. Craig Hallum cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 price objective for the company. in a research report on Tuesday, February 4th. DA Davidson cut their price objective on Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. StockNews.com raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. TD Cowen cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating and lowered their target price for the stock from $46.00 to $27.00 in a research note on Tuesday, February 4th. Finally, Lake Street Capital lowered their target price on shares of Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th.

Hedge Funds Weigh In On Napco Security Technologies

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Napco Security Technologies by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 2,849,651 shares of the industrial products company’s stock valued at $101,334,000 after buying an additional 32,482 shares in the last quarter. FMR LLC boosted its stake in shares of Napco Security Technologies by 30.8% in the third quarter. FMR LLC now owns 2,102,688 shares of the industrial products company’s stock valued at $85,075,000 after purchasing an additional 494,988 shares during the period. Copeland Capital Management LLC boosted its stake in shares of Napco Security Technologies by 15.1% in the fourth quarter. Copeland Capital Management LLC now owns 1,194,623 shares of the industrial products company’s stock valued at $42,481,000 after purchasing an additional 156,495 shares during the period. Geode Capital Management LLC boosted its stake in shares of Napco Security Technologies by 14.3% in the third quarter. Geode Capital Management LLC now owns 959,035 shares of the industrial products company’s stock valued at $38,809,000 after purchasing an additional 120,304 shares during the period. Finally, State Street Corp boosted its stake in shares of Napco Security Technologies by 2.2% in the third quarter. State Street Corp now owns 783,327 shares of the industrial products company’s stock valued at $31,790,000 after purchasing an additional 16,931 shares during the period. Institutional investors and hedge funds own 85.07% of the company’s stock.

Napco Security Technologies Stock Performance

Shares of Napco Security Technologies stock opened at $25.84 on Wednesday. Napco Security Technologies has a fifty-two week low of $24.90 and a fifty-two week high of $58.09. The firm has a 50-day simple moving average of $34.84 and a two-hundred day simple moving average of $39.96. The company has a market cap of $947.81 million, a P/E ratio of 19.88 and a beta of 1.64.

Napco Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings results 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). The business had revenue of $42.90 million for 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 revenue for the quarter was down 9.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.34 EPS. Equities research analysts forecast that Napco Security Technologies will post 1.55 EPS for the current year.

Napco Security Technologies Announces Dividend

The company 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. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.93%. Napco Security Technologies’s dividend payout ratio (DPR) is 38.46%.

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.