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

Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) have earned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $36.33.

A number of research analysts recently commented on NSSC shares. Craig Hallum cut Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 price target on the stock. in a research report on Tuesday, February 4th. Cowen lowered Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Lake Street Capital set a $30.00 price objective on Napco Security Technologies and gave the company a “buy” rating in a research note on Tuesday, February 4th. StockNews.com raised Napco Security Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Finally, TD Cowen lowered Napco Security Technologies from a “buy” rating to a “hold” rating and reduced their price objective for the company from $46.00 to $27.00 in a research note on Tuesday, February 4th.

Napco Security Technologies Price Performance

NSSC stock opened at $25.19 on Friday. The stock has a market capitalization of $916.94 million, a price-to-earnings ratio of 19.38 and a beta of 1.59. The business’s fifty day moving average price is $29.25 and its two-hundred day moving average price is $35.46. Napco Security Technologies has a fifty-two week low of $23.00 and a fifty-two week 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 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $42.90 million for the quarter, compared to the consensus estimate of $49.93 million. During the same quarter in the previous year, the business earned $0.34 EPS. The firm’s quarterly revenue was down 9.3% on a year-over-year basis. Research analysts expect that Napco Security Technologies will post 1.24 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 dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend is Wednesday, March 12th. Napco Security Technologies’s payout ratio is 38.46%.

Hedge Funds Weigh In On Napco Security Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in NSSC. Farther Finance Advisors LLC lifted its stake 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 worth $29,000 after acquiring an additional 723 shares during the period. New Age Alpha Advisors LLC acquired a new position in shares of Napco Security Technologies in the fourth quarter worth approximately $32,000. Caption Management LLC acquired a new position in shares of Napco Security Technologies in the fourth quarter worth approximately $33,000. First Horizon Advisors Inc. lifted its stake in shares of Napco Security Technologies by 109.7% in the third quarter. First Horizon Advisors Inc. now owns 1,107 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 579 shares during the period. Finally, KBC Group NV lifted its stake in shares of Napco Security Technologies by 61.4% in the third quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 424 shares during the period. 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.