Napco Security Technologies (NASDAQ:NSSC) Hits New 52-Week Low – What’s Next?

Napco Security Technologies, Inc. (NASDAQ:NSSC)’s share price reached a new 52-week low on Friday . The stock traded as low as $24.86 and last traded at $24.80, with a volume of 125491 shares changing hands. The stock had previously closed at $25.11.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on NSSC shares. 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 report on Tuesday, November 5th. Craig Hallum cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 target price on the stock. in a report on Tuesday, February 4th. 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 report on Tuesday, February 4th. Needham & Company LLC lowered their target price on shares of Napco Security Technologies from $52.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, February 4th. Finally, StockNews.com raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $38.17.

Napco Security Technologies Price Performance

The stock has a market cap of $900.72 million, a price-to-earnings ratio of 19.03 and a beta of 1.64. The business’s 50-day simple moving average is $32.92 and its two-hundred day simple moving average is $38.76.

Napco Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings results 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 return on equity of 27.65% and a net margin of 25.94%. The business had revenue of $42.90 million for the quarter, compared to analyst estimates of $49.93 million. During the same quarter last year, the firm posted $0.34 EPS. Napco Security Technologies’s revenue for the quarter was down 9.3% on a year-over-year basis. Equities research analysts forecast that Napco Security Technologies, Inc. will post 1.24 earnings per share for the current year.

Napco Security Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend is Wednesday, March 12th. Napco Security Technologies’s dividend payout ratio (DPR) is currently 38.46%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its position in shares of Napco Security Technologies by 72,300.0% in the third quarter. Farther Finance Advisors LLC now owns 724 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 723 shares during the period. New Age Alpha Advisors LLC bought a new position in shares of Napco Security Technologies in the 4th quarter worth $32,000. Caption Management LLC purchased a new stake in shares of Napco Security Technologies in the 4th quarter valued at $33,000. KBC Group NV boosted its stake in shares of Napco Security Technologies by 61.4% in the 3rd quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 424 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its position in Napco Security Technologies by 109.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,107 shares of the industrial products company’s stock valued at $45,000 after buying an additional 579 shares during the period. 85.07% of the stock is currently owned by hedge funds and other institutional investors.

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.