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

NAPCO Security Technologies, Inc. (NASDAQ:NSSC) has been assigned an average rating of “Moderate Buy” from the eight brokerages that are covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $48.6667.

A number of research analysts have recently weighed in on NSSC shares. TD Cowen reaffirmed a “buy” rating and set a $53.00 price objective (up from $50.00) on shares of NAPCO Security Technologies in a research report on Tuesday, May 5th. Wall Street Zen lowered shares of NAPCO Security Technologies from a “buy” rating to a “hold” rating in a report on Saturday. DA Davidson restated a “buy” rating and set a $52.00 target price on shares of NAPCO Security Technologies in a research note on Tuesday, May 5th. Finally, 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.

NAPCO Security Technologies Stock Performance

NASDAQ NSSC opened at $37.79 on Friday. The business’s fifty day moving average is $38.33 and its 200 day moving average is $40.83. NAPCO Security Technologies has a fifty-two week low of $29.22 and a fifty-two week high of $48.12. The company has a market capitalization of $1.35 billion, a PE ratio of 36.34 and a beta of 1.44.

NAPCO Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings results on Monday, May 4th. The industrial products company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. NAPCO Security Technologies had a return on equity of 28.93% and a net margin of 18.70%.The business had revenue of $49.17 million during the quarter, compared to analysts’ expectations of $49.26 million. During the same quarter in the prior year, the business posted $0.28 earnings per share. The business’s quarterly revenue was up 11.8% on a year-over-year basis. On average, sell-side analysts forecast that NAPCO Security Technologies will post 1.48 EPS for the current year.

NAPCO Security Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 3rd. Stockholders of record on Friday, June 12th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.6%. NAPCO Security Technologies’s dividend payout ratio is 57.69%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NSSC. Maseco LLP purchased a new stake in NAPCO Security Technologies in the 4th quarter worth $25,000. IFP Advisors Inc boosted its stake in shares of NAPCO Security Technologies by 193.3% in the third 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 position in shares of NAPCO Security Technologies in the first quarter worth about $26,000. Advisory Services Network LLC purchased a new stake in shares of NAPCO Security Technologies during the third quarter worth about $41,000. Finally, Blue Trust Inc. purchased a new stake in shares of NAPCO Security Technologies during the first quarter worth about $44,000. Hedge funds and other 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.