Napco Security Technologies, Inc. (NASDAQ:NSSC) Receives $35.50 Average PT from Analysts

Napco Security Technologies, Inc. (NASDAQ:NSSC - Get Free Report) has been assigned an average rating of "Hold" from the seven research firms that are presently covering the stock, MarketBeat.com 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 target among brokerages that have issued a report on the stock in the last year is $35.50.

A number of research firms recently weighed in on NSSC. Craig Hallum lowered shares of Napco Security Technologies from a "buy" rating to a "hold" rating and set a $28.00 price target for the company. in a report on Tuesday, February 4th. Cowen lowered Napco Security Technologies from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. TD Cowen downgraded Napco Security Technologies from a "buy" rating to a "hold" rating and reduced their price target for the company from $46.00 to $27.00 in a report on Tuesday, February 4th. Lake Street Capital cut their target price on Napco Security Technologies from $30.00 to $28.00 and set a "buy" rating on the stock in a research report on Tuesday, March 25th. Finally, Needham & Company LLC dropped their price target on shares of Napco Security Technologies from $40.00 to $37.00 and set a "buy" rating for the company in a research note on Friday, March 21st.

Napco Security Technologies Trading Up 0.4 %

NASDAQ:NSSC traded up $0.09 during mid-day trading on Monday, hitting $22.87. The company had a trading volume of 312,377 shares, compared to its average volume of 505,320. The business has a fifty day simple moving average of $23.15 and a 200-day simple moving average of $31.34. The firm has a market capitalization of $832.49 million, a price-to-earnings ratio of 17.59 and a beta of 1.51. Napco Security Technologies has a 1 year low of $19.00 and a 1 year high of $58.09.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last released its quarterly 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). Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. The company had revenue of $42.90 million for the quarter, compared to analyst estimates of $49.93 million. During the same period last year, the firm posted $0.34 earnings per share. The business's revenue was down 9.3% on a year-over-year basis. As a group, research analysts anticipate that Napco Security Technologies will post 1.24 earnings per share for the current year.

Napco Security Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th were paid a dividend of $0.125 per share. The ex-dividend date was Wednesday, March 12th. This represents a $0.50 annualized dividend and a yield of 2.19%. Napco Security Technologies's dividend payout ratio (DPR) is 38.46%.

Hedge Funds Weigh In On Napco Security Technologies

Several institutional investors have recently made changes to their positions in NSSC. GAMMA Investing LLC boosted its position in Napco Security Technologies by 227.2% during the 1st quarter. GAMMA Investing LLC now owns 1,106 shares of the industrial products company's stock valued at $25,000 after purchasing an additional 768 shares during the period. New Age Alpha Advisors LLC bought a new position in shares of Napco Security Technologies during the fourth quarter worth about $32,000. Caption Management LLC acquired a new stake in shares of Napco Security Technologies in the 4th quarter worth about $33,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Napco Security Technologies in the 4th quarter worth about $53,000. Finally, Mpwm Advisory Solutions LLC bought a new stake in Napco Security Technologies in the 4th quarter valued at about $54,000. 85.07% of the stock is owned by 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.