Napco Security Technologies, Inc. (NASDAQ:NSSC) Receives Consensus Recommendation of "Hold" from Analysts

Napco Security Technologies, Inc. (NASDAQ:NSSC - Get Free Report) has earned a consensus recommendation of "Hold" from the seven research firms that are covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $36.33.

A number of analysts recently commented on the company. Cowen cut Napco Security Technologies from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. StockNews.com upgraded shares of Napco Security Technologies from a "sell" rating to a "hold" rating in a report on Tuesday, December 3rd. TD Cowen lowered shares of Napco Security Technologies from a "buy" rating to a "hold" rating and cut their price objective for the company from $46.00 to $27.00 in a research report on Tuesday, February 4th. Lake Street Capital set a $30.00 target price on shares of Napco Security Technologies and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Finally, Needham & Company LLC cut their price target on Napco Security Technologies from $52.00 to $40.00 and set a "buy" rating for the company in a report on Tuesday, February 4th.

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Institutional Trading of Napco Security Technologies

Several institutional investors have recently made changes to their positions in the stock. KBC Group NV boosted its holdings in 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 valued at $45,000 after acquiring an additional 424 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Napco Security Technologies by 0.7% during the 4th quarter. Wells Fargo & Company MN now owns 62,007 shares of the industrial products company's stock valued at $2,205,000 after buying an additional 437 shares during the period. US Bancorp DE raised its stake in shares of Napco Security Technologies by 9.1% during the third quarter. US Bancorp DE now owns 5,329 shares of the industrial products company's stock valued at $216,000 after purchasing an additional 443 shares during the period. Truvestments Capital LLC lifted its holdings in Napco Security Technologies by 6.7% in the 4th quarter. Truvestments Capital LLC now owns 7,009 shares of the industrial products company's stock worth $249,000 after buying an additional 443 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Napco Security Technologies by 1.4% in the fourth quarter. Invesco Ltd. now owns 35,737 shares of the industrial products company's stock worth $1,271,000 after acquiring an additional 477 shares in the last quarter. 85.07% of the stock is owned by hedge funds and other institutional investors.

Napco Security Technologies Trading Down 0.5 %

Shares of NSSC stock traded down $0.12 during trading hours on Friday, hitting $25.00. The company's stock had a trading volume of 217,042 shares, compared to its average volume of 589,683. The business has a fifty day moving average of $29.87 and a 200-day moving average of $35.84. Napco Security Technologies has a twelve month low of $23.00 and a twelve month high of $58.09. The stock has a market cap of $909.95 million, a price-to-earnings ratio of 19.24 and a beta of 1.59.

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

Napco Security Technologies Dividend Announcement

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 dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date is Wednesday, March 12th. Napco Security Technologies's dividend payout ratio is currently 38.46%.

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.