Napco Security Technologies, Inc. (NASDAQ:NSSC) Given Average Recommendation of “Hold” by Analysts

Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) have been given a consensus rating of “Hold” by the seven brokerages that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $35.50.

A number of research firms recently issued reports on NSSC. Cowen downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Lake Street Capital lowered their price objective on shares of Napco Security Technologies from $30.00 to $28.00 and set a “buy” rating for the company in a research report on Tuesday, March 25th. Craig Hallum downgraded 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. Needham & Company LLC lowered their price objective on shares of Napco Security Technologies from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, March 21st. Finally, TD Cowen cut 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 research note on Tuesday, February 4th.

Napco Security Technologies Trading Up 10.5 %

NASDAQ:NSSC opened at $21.90 on Thursday. The firm has a market cap of $797.18 million, a price-to-earnings ratio of 16.85 and a beta of 1.51. The company’s 50-day moving average is $24.21 and its two-hundred day moving average is $33.05. Napco Security Technologies has a 12-month low of $19.00 and a 12-month high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings data on Monday, February 3rd. The industrial products company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06). Napco Security Technologies had a net margin of 25.94% and a return on equity of 27.65%. The company had revenue of $42.90 million for the quarter, compared to analyst estimates of $49.93 million. During the same period in the prior year, the company earned $0.34 EPS. The company’s revenue was down 9.3% compared to the same quarter last year. On average, equities research analysts forecast that Napco Security Technologies will post 1.24 earnings per share for the current fiscal year.

Napco Security Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date was Wednesday, March 12th. Napco Security Technologies’s payout ratio is 38.46%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NSSC. New Age Alpha Advisors LLC acquired a new position in Napco Security Technologies during the fourth quarter worth about $32,000. Caption Management LLC acquired a new position in shares of Napco Security Technologies in the 4th quarter valued at $33,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Napco Security Technologies in the 4th quarter valued at $53,000. Mpwm Advisory Solutions LLC acquired a new stake in Napco Security Technologies during the 4th quarter worth about $54,000. Finally, Physician Wealth Advisors Inc. acquired a new stake in Napco Security Technologies during the 4th quarter worth about $63,000. 85.07% of the stock is owned by institutional investors and hedge funds.

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.