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

Shares of NAPCO Security Technologies, Inc. (NASDAQ:NSSC) have earned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $48.6667.

A number of analysts have recently issued reports on the stock. DA Davidson reaffirmed a “buy” rating and set a $52.00 price target on shares of NAPCO Security Technologies in a report on Tuesday, May 5th. TD Cowen reaffirmed a “buy” rating and set a $53.00 price target (up from $50.00) on shares of NAPCO Security Technologies in a report on Tuesday, May 5th. Weiss Ratings downgraded shares of NAPCO Security Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $49.00 price target (up from $47.00) on shares of NAPCO Security Technologies in a report on Monday, February 2nd.

Hedge Funds Weigh In On NAPCO Security Technologies

Institutional investors have recently made changes to their positions in the business. Cornerstone Planning Group LLC bought a new position in shares of NAPCO Security Technologies in the 3rd quarter worth approximately $25,000. Maseco LLP bought a new stake in NAPCO Security Technologies during the 4th quarter worth approximately $25,000. IFP Advisors Inc raised its stake in NAPCO Security Technologies by 193.3% during the 3rd quarter. IFP Advisors Inc now owns 572 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 377 shares during the period. KBC Group NV bought a new stake in NAPCO Security Technologies during the 1st quarter worth approximately $26,000. Finally, State of Wyoming bought a new stake in NAPCO Security Technologies during the 3rd quarter worth approximately $41,000. Institutional investors own 85.07% of the company’s stock.

NAPCO Security Technologies Stock Down 6.0%

Shares of NASDAQ NSSC opened at $35.27 on Tuesday. The firm’s 50-day moving average price is $40.86 and its 200-day moving average price is $41.45. The company has a market cap of $1.26 billion, a PE ratio of 33.91 and a beta of 1.45. NAPCO Security Technologies has a 52-week low of $26.44 and a 52-week high of $48.12.

NAPCO Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings results on Monday, May 4th. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. The firm had revenue of $49.17 million for the quarter, compared to the consensus estimate of $49.26 million. NAPCO Security Technologies had a net margin of 18.70% and a return on equity of 28.93%. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.28 EPS. As a group, equities research analysts anticipate that NAPCO Security Technologies will post 1.48 EPS for the current fiscal year.

NAPCO Security Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 3rd. Stockholders of record on Friday, June 12th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, June 12th. NAPCO Security Technologies’s dividend payout ratio is 57.69%.

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.