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

Napco Security Technologies, Inc. (NASDAQ:NSSC) has been assigned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $46.43.

A number of equities analysts have commented on NSSC shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $52.00 price target on shares of Napco Security Technologies in a research note on Thursday, January 16th. TD Cowen decreased their target price on shares of Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. StockNews.com upgraded shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd. Craig Hallum dropped their target price 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. Finally, DA Davidson reduced their price target on Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th.

Napco Security Technologies Stock Down 1.1 %

Shares of NASDAQ:NSSC opened at $36.54 on Friday. The stock has a market cap of $1.34 billion, a PE ratio of 26.87 and a beta of 1.65. The company’s fifty day moving average is $36.81 and its 200 day moving average is $42.20. Napco Security Technologies has a 52 week low of $31.77 and a 52 week high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last released its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.05). The company had revenue of $44.00 million during the quarter, compared to analysts’ expectations of $46.56 million. Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.28 EPS. Sell-side analysts anticipate that Napco Security Technologies will post 1.55 EPS for the current year.

Napco Security Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Thursday, December 12th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.37%. The ex-dividend date was Thursday, December 12th. Napco Security Technologies’s dividend payout ratio is currently 36.76%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. SkyOak Wealth LLC purchased a new position in shares of Napco Security Technologies during the 4th quarter worth approximately $273,000. Copeland Capital Management LLC grew its stake in Napco Security Technologies by 15.1% in the fourth quarter. Copeland Capital Management LLC now owns 1,194,623 shares of the industrial products company’s stock worth $42,481,000 after purchasing an additional 156,495 shares during the period. Laurus Investment Counsel Inc. grew its stake in Napco Security Technologies by 27.6% in the fourth quarter. Laurus Investment Counsel Inc. now owns 79,560 shares of the industrial products company’s stock worth $2,829,000 after purchasing an additional 17,220 shares during the period. Moody Aldrich Partners LLC grew its position in shares of Napco Security Technologies by 9.6% in the 4th quarter. Moody Aldrich Partners LLC now owns 79,382 shares of the industrial products company’s stock worth $2,823,000 after buying an additional 6,954 shares during the period. Finally, KBC Group NV grew its position in shares of Napco Security Technologies by 83.8% in the 4th quarter. KBC Group NV now owns 2,049 shares of the industrial products company’s stock worth $73,000 after buying an additional 934 shares during the period. Hedge funds and other institutional investors own 85.07% of the company’s stock.

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.