Napco Security Technologies, Inc. (NASDAQ:NSSC) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $47.14.

NSSC has been the subject of a number of recent analyst reports. Needham & Company LLC upped their price objective on Napco Security Technologies from $52.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, August 27th. StockNews.com raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Craig Hallum dropped their target price on shares of Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. DA Davidson decreased their price target 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. Finally, Lake Street Capital decreased their target price on Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th.

Hedge Funds Weigh In On Napco Security Technologies

Several large investors have recently modified their holdings of NSSC. FMR LLC lifted its stake in 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 worth $85,075,000 after purchasing an additional 494,988 shares during the last quarter. Copeland Capital Management LLC boosted its holdings in shares of Napco Security Technologies by 108.6% in the third quarter. Copeland Capital Management LLC now owns 1,038,128 shares of the industrial products company’s stock valued at $42,003,000 after purchasing an additional 540,436 shares during the period. Geode Capital Management LLC grew its stake in 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 worth $38,809,000 after purchasing an additional 120,304 shares in the last quarter. State Street Corp increased its holdings in Napco Security Technologies by 2.2% during the 3rd quarter. State Street Corp now owns 783,327 shares of the industrial products company’s stock worth $31,790,000 after purchasing an additional 16,931 shares during the period. Finally, Emerald Advisers LLC raised its position in Napco Security Technologies by 4.0% during the 3rd quarter. Emerald Advisers LLC now owns 508,257 shares of the industrial products company’s stock valued at $20,564,000 after purchasing an additional 19,674 shares in the last quarter. Institutional investors own 85.07% of the company’s stock.

Napco Security Technologies Trading Down 1.5 %

Shares of NASDAQ:NSSC opened at $35.73 on Tuesday. The stock has a 50 day moving average of $38.52 and a 200 day moving average of $44.89. The company has a market cap of $1.31 billion, a PE ratio of 26.27 and a beta of 1.62. Napco Security Technologies has a 12-month low of $31.27 and a 12-month high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.05). Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. The firm had revenue of $44.00 million during the quarter, compared to the consensus estimate of $46.56 million. During the same quarter in the previous year, the company earned $0.28 earnings per share. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. Equities research analysts predict that Napco Security Technologies will post 1.49 earnings per share for the current fiscal year.

Napco Security Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 12th will be given a dividend of $0.125 per share. The ex-dividend date is Thursday, December 12th. This represents a $0.50 dividend on an annualized basis and a yield of 1.40%. Napco Security Technologies’s dividend payout ratio (DPR) is presently 36.76%.

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.