Napco Security Technologies, Inc. (NASDAQ:NSSC) Receives $46.43 Consensus Target Price from Brokerages

Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the seven analysts that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $46.43.

A number of equities research analysts recently commented on the stock. TD Cowen lowered their price target on shares of Napco Security Technologies from $60.00 to $46.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. 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. DA Davidson lowered their price target on shares of Napco Security Technologies from $55.00 to $48.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. Lake Street Capital lowered their price target on shares of Napco Security Technologies from $60.00 to $41.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. Finally, Needham & Company LLC reissued a "buy" rating and set a $52.00 price objective on shares of Napco Security Technologies in a research report on Thursday.

Napco Security Technologies Trading Up 0.4 %

Shares of NSSC traded up $0.13 during mid-day trading on Friday, reaching $34.96. The company's stock had a trading volume of 342,076 shares, compared to its average volume of 275,710. The stock has a market cap of $1.28 billion, a PE ratio of 25.71 and a beta of 1.65. Napco Security Technologies has a 52 week low of $31.77 and a 52 week high of $58.09. The company's fifty day moving average price is $36.94 and its two-hundred day moving average price is $42.83.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.35 by ($0.05). Napco Security Technologies had a net margin of 26.43% and a return on equity of 29.56%. The firm had revenue of $44.00 million for the quarter, compared to the consensus estimate of $46.56 million. During the same quarter in the prior year, the company earned $0.28 earnings per share. The company's quarterly revenue was up 5.5% compared to the same quarter last year. Research analysts anticipate that Napco Security Technologies will post 1.55 EPS for the current year.

Napco Security Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, December 12th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend was Thursday, December 12th. Napco Security Technologies's dividend payout ratio is presently 36.76%.

Institutional Trading of Napco Security Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the business. FMR LLC grew its position in shares of Napco Security Technologies by 30.8% in the 3rd quarter. FMR LLC now owns 2,102,688 shares of the industrial products company's stock worth $85,075,000 after buying an additional 494,988 shares during the period. Copeland Capital Management LLC boosted its stake in Napco Security Technologies by 108.6% in the 3rd quarter. Copeland Capital Management LLC now owns 1,038,128 shares of the industrial products company's stock worth $42,003,000 after purchasing an additional 540,436 shares in the last quarter. Geode Capital Management LLC boosted its stake in Napco Security Technologies by 14.3% in the 3rd quarter. Geode Capital Management LLC now owns 959,035 shares of the industrial products company's stock worth $38,809,000 after purchasing an additional 120,304 shares in the last quarter. State Street Corp boosted its stake in Napco Security Technologies by 2.2% in the 3rd quarter. State Street Corp now owns 783,327 shares of the industrial products company's stock worth $31,790,000 after purchasing an additional 16,931 shares in the last quarter. Finally, Emerald Advisers LLC boosted its stake in Napco Security Technologies by 4.0% in the 3rd quarter. Emerald Advisers LLC now owns 508,257 shares of the industrial products company's stock worth $20,564,000 after purchasing an additional 19,674 shares in the last quarter. 85.07% of the stock is owned by hedge funds and other institutional investors.

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.