Napco Security Technologies, Inc. (NASDAQ:NSSC) Given Average Rating of "Moderate Buy" by Analysts

Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven analysts that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $47.14.

NSSC has been the subject of a number of research reports. DA Davidson lowered their target price on Napco Security Technologies from $55.00 to $48.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. TD Cowen lowered their price objective on shares of Napco Security Technologies from $60.00 to $46.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Needham & Company LLC boosted their target price on shares of Napco Security Technologies from $52.00 to $57.00 and gave the stock a "buy" rating in a report on Tuesday, August 27th. Craig Hallum lowered their price target on shares of Napco Security Technologies from $65.00 to $48.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. Finally, Lake Street Capital reduced their price objective on Napco Security Technologies from $60.00 to $41.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th.

Institutional Trading of Napco Security Technologies

Institutional investors and hedge funds have recently modified their holdings of the stock. Quarry LP grew its holdings in Napco Security Technologies by 91.2% during the 2nd quarter. Quarry LP now owns 654 shares of the industrial products company's stock worth $34,000 after acquiring an additional 312 shares in the last quarter. Farther Finance Advisors LLC lifted 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 valued at $29,000 after buying an additional 723 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of Napco Security Technologies by 109.7% in 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 in the last quarter. KBC Group NV grew its position 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 worth $45,000 after buying an additional 424 shares during the last quarter. Finally, Huntington National Bank raised its stake in shares of Napco Security Technologies by 54.7% during the 3rd quarter. Huntington National Bank now owns 1,777 shares of the industrial products company's stock worth $72,000 after acquiring an additional 628 shares in the last quarter. Institutional investors own 85.07% of the company's stock.

Napco Security Technologies Trading Up 1.0 %

Shares of NSSC traded up $0.36 during trading hours on Tuesday, reaching $36.09. 98,706 shares of the stock traded hands, compared to its average volume of 444,596. Napco Security Technologies has a 52-week low of $31.27 and a 52-week high of $58.09. The company has a market cap of $1.32 billion, a P/E ratio of 26.54 and a beta of 1.62. The company's 50-day moving average price is $38.40 and its two-hundred day moving average price is $44.79.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last issued its earnings results on Monday, November 4th. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.05). Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. The firm had revenue of $44.00 million during the quarter, compared to the consensus estimate of $46.56 million. During the same period last year, the firm posted $0.28 earnings per share. The company's revenue for the quarter was up 5.5% compared to the same quarter last year. On average, research analysts forecast that Napco Security Technologies will post 1.49 EPS for the current year.

Napco Security Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, December 12th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.39%. The ex-dividend date is Thursday, December 12th. Napco Security Technologies's dividend payout ratio is presently 36.76%.

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.