Napco Security Technologies (NASDAQ:NSSC) Posts Earnings Results

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) released its quarterly earnings data on Monday. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.06), Zacks reports. Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. The business had revenue of $42.90 million during the quarter, compared to analysts' expectations of $49.93 million. During the same quarter in the previous year, the company posted $0.34 EPS. The company's revenue was down 9.3% compared to the same quarter last year.

Napco Security Technologies Price Performance

NASDAQ:NSSC traded up $0.94 during trading hours on Thursday, reaching $26.59. 906,121 shares of the company were exchanged, compared to its average volume of 644,472. Napco Security Technologies has a 52-week low of $24.90 and a 52-week high of $58.09. The stock has a 50 day simple moving average of $35.67 and a 200 day simple moving average of $40.79. The firm has a market cap of $975.32 million, a price-to-earnings ratio of 19.55 and a beta of 1.64.

Napco Security Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.50 dividend on an annualized basis and a yield of 1.88%. Napco Security Technologies's payout ratio is 36.76%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on NSSC shares. Craig Hallum cut Napco Security Technologies from a "buy" rating to a "hold" rating and set a $28.00 price objective for the company. in a report on Tuesday. DA Davidson decreased their price objective on shares of Napco Security Technologies from $55.00 to $48.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. TD Cowen downgraded shares of Napco Security Technologies from a "buy" rating to a "hold" rating and dropped their target price for the company from $46.00 to $27.00 in a report on Tuesday. Lake Street Capital reduced their price target on shares of Napco Security Technologies from $60.00 to $41.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Finally, StockNews.com raised shares of Napco Security Technologies from a "sell" rating to a "hold" rating in a research note on Tuesday, December 3rd. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $39.14.

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.