NAPCO Security Technologies, Inc. (NASDAQ:NSSC) Given Average Recommendation of “Moderate Buy” by Analysts

NAPCO Security Technologies, Inc. (NASDAQ:NSSC) has been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $47.50.

A number of analysts have weighed in on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of NAPCO Security Technologies in a research note on Friday, October 31st. Zacks Research downgraded shares of NAPCO Security Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. Lake Street Capital restated a “buy” rating and issued a $50.00 price objective (up from $39.00) on shares of NAPCO Security Technologies in a report on Friday, October 10th. Cowen upgraded NAPCO Security Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, November 4th. Finally, DA Davidson set a $50.00 target price on NAPCO Security Technologies and gave the stock a “buy” rating in a report on Wednesday, September 24th.

NAPCO Security Technologies Trading Down 0.8%

NAPCO Security Technologies stock opened at $41.38 on Friday. The business’s fifty day simple moving average is $41.61 and its two-hundred day simple moving average is $37.73. NAPCO Security Technologies has a 12 month low of $19.00 and a 12 month high of $48.12. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 33.64 and a beta of 1.52.

NAPCO Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings results on Monday, November 3rd. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.04. The firm had revenue of $49.17 million during the quarter, compared to analyst estimates of $46.81 million. NAPCO Security Technologies had a return on equity of 26.09% and a net margin of 23.76%.NAPCO Security Technologies’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.29 EPS. On average, equities research analysts predict that NAPCO Security Technologies will post 1.24 EPS for the current year.

NAPCO Security Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Friday, December 12th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, December 12th. NAPCO Security Technologies’s dividend payout ratio (DPR) is presently 45.53%.

Insider Buying and Selling at NAPCO Security Technologies

In other news, SVP Stephen M. Spinelli sold 19,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $40.25, for a total transaction of $764,750.00. Following the completion of the transaction, the senior vice president directly owned 928 shares of the company’s stock, valued at $37,352. The trade was a 95.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 5.65% of the stock is owned by insiders.

Institutional Investors Weigh In On NAPCO Security Technologies

A number of large investors have recently added to or reduced their stakes in NSSC. Cornerstone Planning Group LLC bought a new position in shares of NAPCO Security Technologies during the 3rd quarter valued at $25,000. IFP Advisors Inc increased its position in NAPCO Security Technologies by 193.3% during the third quarter. IFP Advisors Inc now owns 572 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 377 shares during the last quarter. Exchange Traded Concepts LLC purchased a new stake in NAPCO Security Technologies during the third quarter valued at $26,000. Quaker Wealth Management LLC lifted its holdings in NAPCO Security Technologies by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 1,050 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 2,100 shares during the period. Finally, State of Wyoming purchased a new position in NAPCO Security Technologies in the third quarter worth about $41,000. Institutional investors own 85.07% of the company’s stock.

NAPCO Security Technologies Company Profile

NAPCO Security Technologies, Inc (NASDAQ: NSSC) is a designer and manufacturer of electronic security solutions for commercial and residential applications. The company’s product portfolio spans intrusion and fire alarm control panels, alarm communicators, access control locks and readers, as well as a broad range of peripheral modules and integrated security accessories. NAPCO’s offerings are engineered to deliver scalable, networked security systems suitable for new installations and retrofit projects alike.

Key product lines include hybrid alarm control panels that support both wired and wireless peripherals, cellular and IP alarm communicators for reliable central station reporting, and the acclaimed “Alarm Lock” series of standalone and networked electronic door locks.