Napco Security Technologies (NASDAQ:NSSC) Releases Earnings Results, Misses Expectations By $0.05 EPS

Napco Security Technologies (NASDAQ:NSSC) announced its quarterly earnings results on Monday. The industrial products company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.05), Briefing.com reports. The company had revenue of $44.00 million during the quarter, compared to analyst estimates of $46.56 million. Napco Security Technologies had a net margin of 26.43% and a return on equity of 30.01%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the company posted $0.28 EPS.

Napco Security Technologies Stock Performance

NASDAQ NSSC traded up $0.58 on Thursday, hitting $38.46. The stock had a trading volume of 135,128 shares, compared to its average volume of 456,960. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 27.85 and a beta of 1.64. Napco Security Technologies has a 52-week low of $24.80 and a 52-week high of $58.09. The firm has a 50-day moving average of $39.67 and a 200-day moving average of $46.76.

Napco Security Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, December 12th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.30%. The ex-dividend date is Thursday, December 12th. Napco Security Technologies’s dividend payout ratio (DPR) is presently 36.76%.

Analysts Set New Price Targets

Several analysts have weighed in on NSSC shares. DA Davidson dropped their price objective on shares of Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating for the company in a research note on Tuesday. Craig Hallum cut their target price on Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating for the company in a research note on Tuesday. TD Cowen lowered their price target on Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating for the company in a report on Tuesday. Lake Street Capital cut their price target on Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Needham & Company LLC boosted their target price on shares of Napco Security Technologies from $52.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, August 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $47.14.

Insider Transactions at Napco Security Technologies

In related news, Director Paul Stephen Beeber sold 708 shares of the stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $37.12, for a total transaction of $26,280.96. Following the transaction, the director now owns 2,681 shares of the company’s stock, valued at approximately $99,518.72. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.24% of the company’s stock.

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.