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

Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) have received an average rating of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $36.33.

Several analysts have recently commented on the stock. Lake Street Capital set a $30.00 price target on shares of Napco Security Technologies and gave the company a “buy” rating in a research note on Tuesday, February 4th. Needham & Company LLC decreased their price objective on Napco Security Technologies from $52.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, February 4th. TD Cowen lowered Napco Security Technologies from a “buy” rating to a “hold” rating and cut their price target for the company from $46.00 to $27.00 in a research note on Tuesday, February 4th. StockNews.com upgraded Napco Security Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd. Finally, Cowen lowered shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th.

Institutional Investors Weigh In On Napco Security Technologies

Hedge funds have recently bought and sold shares of the company. US Bancorp DE increased its position in shares of Napco Security Technologies by 9.1% in the 3rd quarter. US Bancorp DE now owns 5,329 shares of the industrial products company’s stock valued at $216,000 after buying an additional 443 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Napco Security Technologies by 72,300.0% during the third quarter. Farther Finance Advisors LLC now owns 724 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 723 shares during the period. Meritage Portfolio Management lifted its holdings in shares of Napco Security Technologies by 11.5% during the 3rd quarter. Meritage Portfolio Management now owns 7,694 shares of the industrial products company’s stock valued at $311,000 after purchasing an additional 795 shares in the last quarter. GSA Capital Partners LLP bought a new stake in Napco Security Technologies during the 3rd quarter worth approximately $863,000. Finally, KBC Group NV raised its holdings in Napco Security Technologies by 61.4% during the 3rd quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock worth $45,000 after buying an additional 424 shares during the period. 85.07% of the stock is currently owned by institutional investors and hedge funds.

Napco Security Technologies Price Performance

Shares of NSSC opened at $25.74 on Friday. The company has a market capitalization of $936.96 million, a P/E ratio of 19.80 and a beta of 1.59. Napco Security Technologies has a one year low of $23.00 and a one year high of $58.09. The business’s 50 day simple moving average is $30.28 and its 200-day simple moving average is $36.53.

Napco Security Technologies (NASDAQ:NSSC) last announced its earnings results on Monday, February 3rd. The industrial products company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.06). The business had revenue of $42.90 million for the quarter, compared to the consensus estimate of $49.93 million. Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. Napco Security Technologies’s revenue for the quarter was down 9.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.34 EPS. On average, sell-side analysts anticipate that Napco Security Technologies will post 1.24 EPS for the current fiscal year.

Napco Security Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Wednesday, March 12th. Napco Security Technologies’s dividend payout ratio is currently 38.46%.

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.