Napco Security Technologies (NASDAQ:NSSC - Free Report) had its price target decreased by Needham & Company LLC from $40.00 to $37.00 in a research note published on Friday, Marketbeat reports. Needham & Company LLC currently has a buy rating on the industrial products company's stock.
A number of other research analysts also recently commented on the stock. TD Cowen downgraded shares of Napco Security Technologies from a "buy" rating to a "hold" rating and decreased their price objective for the company from $46.00 to $27.00 in a research report on Tuesday, February 4th. Cowen cut Napco Security Technologies from a "buy" rating to a "hold" rating in a report on Tuesday, February 4th. Craig Hallum downgraded Napco Security Technologies from a "buy" rating to a "hold" rating and set a $28.00 price target on the stock. in a research report on Tuesday, February 4th. StockNews.com raised Napco Security Technologies from a "sell" rating to a "hold" rating in a research report on Tuesday, December 3rd. Finally, Lake Street Capital set a $30.00 target price on Napco Security Technologies and gave the stock a "buy" rating in a report on Tuesday, February 4th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $35.50.
Check Out Our Latest Report on NSSC
Napco Security Technologies Stock Performance
NSSC traded down $0.35 on Friday, hitting $24.27. 615,537 shares of the company were exchanged, compared to its average volume of 458,312. The stock's fifty day moving average is $27.83 and its 200-day moving average is $34.52. Napco Security Technologies has a 12 month low of $23.00 and a 12 month high of $58.09. The company has a market cap of $883.45 million, a PE ratio of 18.67 and a beta of 1.59.
Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last announced its quarterly earnings data 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). Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. The company had revenue of $42.90 million for the quarter, compared to the consensus estimate of $49.93 million. During the same quarter in the prior year, the company earned $0.34 EPS. The company's revenue for the quarter was down 9.3% on a year-over-year basis. As a group, equities research analysts expect that Napco Security Technologies will post 1.24 EPS for the current fiscal year.
Napco Security Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be paid a dividend of $0.125 per share. The ex-dividend date is Wednesday, March 12th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.06%. Napco Security Technologies's dividend payout ratio (DPR) is currently 38.46%.
Institutional Trading of Napco Security Technologies
Several institutional investors have recently added to or reduced their stakes in the company. New Age Alpha Advisors LLC acquired a new stake in shares of Napco Security Technologies during the fourth quarter worth $32,000. Caption Management LLC bought a new position in Napco Security Technologies during the fourth quarter worth about $33,000. First Horizon Advisors Inc. raised its stake in 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 worth $45,000 after purchasing an additional 579 shares in the last quarter. KBC Group NV boosted its holdings in 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 valued at $45,000 after purchasing an additional 424 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Napco Security Technologies during the 4th quarter worth approximately $53,000. 85.07% of the stock is currently owned by institutional investors.
Napco Security Technologies Company Profile
(
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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.
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