NAPCO Security Technologies, Inc. (NASDAQ:NSSC) Receives Consensus Rating of “Moderate Buy” from Analysts

NAPCO Security Technologies, Inc. (NASDAQ:NSSC) has received an average rating of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $48.6667.

A number of equities research analysts recently issued reports on NSSC shares. TD Cowen restated a “buy” rating and issued a $53.00 target price (up from $50.00) on shares of NAPCO Security Technologies in a report on Tuesday, May 5th. Weiss Ratings lowered shares of NAPCO Security Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, DA Davidson reiterated a “buy” rating and issued a $52.00 price target on shares of NAPCO Security Technologies in a report on Tuesday, May 5th.

Hedge Funds Weigh In On NAPCO Security Technologies

Hedge funds have recently made changes to their positions in the stock. GSA Capital Partners LLP boosted its holdings in NAPCO Security Technologies by 510.3% in the fourth quarter. GSA Capital Partners LLP now owns 33,768 shares of the industrial products company’s stock valued at $1,408,000 after acquiring an additional 28,235 shares during the last quarter. Fundsmith LLP boosted its holdings in NAPCO Security Technologies by 86.4% in the third quarter. Fundsmith LLP now owns 1,779,857 shares of the industrial products company’s stock valued at $76,445,000 after acquiring an additional 824,945 shares during the last quarter. Crawford Investment Counsel Inc. bought a new stake in NAPCO Security Technologies in the third quarter valued at approximately $4,456,000. Seizert Capital Partners LLC bought a new stake in NAPCO Security Technologies in the fourth quarter valued at approximately $1,857,000. Finally, Quantbot Technologies LP bought a new stake in NAPCO Security Technologies in the third quarter valued at approximately $1,450,000. Institutional investors and hedge funds own 85.07% of the company’s stock.

NAPCO Security Technologies Stock Performance

Shares of NASDAQ:NSSC opened at $37.29 on Friday. The business’s fifty day moving average price is $39.10 and its two-hundred day moving average price is $40.99. The stock has a market cap of $1.33 billion, a PE ratio of 35.86 and a beta of 1.45. NAPCO Security Technologies has a one year low of $29.22 and a one year high of $48.12.

NAPCO Security Technologies (NASDAQ:NSSC) last announced its earnings results on Monday, May 4th. The industrial products company reported $0.39 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 analysts’ expectations of $49.26 million. NAPCO Security Technologies had a return on equity of 28.93% and a net margin of 18.70%.NAPCO Security Technologies’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.28 EPS. As a group, equities research analysts predict that NAPCO Security Technologies will post 1.48 earnings per share for the current fiscal year.

NAPCO Security Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 3rd. Shareholders of record on Friday, June 12th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, June 12th. NAPCO Security Technologies’s dividend payout ratio (DPR) 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.