Napco Security Technologies (NSSC) Set to Announce Earnings on Monday

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Monday, November 4th. Analysts expect Napco Security Technologies to post earnings of $0.34 per share for the quarter.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last released its quarterly earnings data on Monday, August 26th. The industrial products company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.01. The firm had revenue of $50.33 million during the quarter, compared to the consensus estimate of $50.18 million. Napco Security Technologies had a net margin of 26.38% and a return on equity of 30.51%. During the same quarter in the previous year, the company posted $0.28 earnings per share. On average, analysts expect Napco Security Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Napco Security Technologies Trading Down 1.7 %

Napco Security Technologies stock traded down $0.68 during mid-day trading on Thursday, reaching $38.48. The company's stock had a trading volume of 519,057 shares, compared to its average volume of 447,681. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 28.59 and a beta of 1.64. The business has a 50 day moving average price of $40.99 and a 200-day moving average price of $46.84. Napco Security Technologies has a twelve month low of $17.76 and a twelve month high of $58.09.

Napco Security Technologies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, September 12th were issued a dividend of $0.125 per share. This is an increase from Napco Security Technologies's previous quarterly dividend of $0.10. The ex-dividend date was Thursday, September 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.30%. Napco Security Technologies's payout ratio is 37.31%.

Insider Buying and Selling

In other news, Director Paul Stephen Beeber sold 708 shares of the company's stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $37.12, for a total transaction of $26,280.96. Following the completion of the transaction, the director now directly owns 2,681 shares in the company, valued at $99,518.72. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 11.54% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on NSSC shares. DA Davidson boosted their price target on shares of Napco Security Technologies from $53.00 to $55.00 and gave the company a "buy" rating in a report on Tuesday, August 27th. Needham & Company LLC boosted their price target on shares of Napco Security Technologies from $52.00 to $57.00 and gave the company a "buy" rating in a report on Tuesday, August 27th. Finally, Lake Street Capital reissued a "buy" rating and set a $60.00 price target on shares of Napco Security Technologies in a report on Tuesday, September 17th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $55.29.

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.