NAPCO Security Technologies, Inc. (NASDAQ:NSSC) Receives $48.67 Average Price Target from Analysts

Shares of NAPCO Security Technologies, Inc. (NASDAQ:NSSC) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $48.6667.

NSSC has been the topic of several recent research reports. TD Cowen restated a “buy” rating and issued a $53.00 price target (up from $50.00) on shares of NAPCO Security Technologies in a research report on Tuesday, May 5th. DA Davidson reiterated a “buy” rating and issued a $52.00 target price 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 research report on Monday, May 11th. Finally, Wall Street Zen lowered shares of NAPCO Security Technologies from a “buy” rating to a “hold” rating in a report on Saturday, July 4th.

NAPCO Security Technologies Trading Up 2.3%

Shares of NAPCO Security Technologies stock opened at $37.25 on Wednesday. The company’s 50-day moving average price is $36.71 and its two-hundred day moving average price is $40.15. NAPCO Security Technologies has a 52 week low of $29.27 and a 52 week high of $48.12. The stock has a market cap of $1.33 billion, a PE ratio of 35.82 and a beta of 1.44.

NAPCO Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings data on Monday, May 4th. The industrial products company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. NAPCO Security Technologies had a net margin of 18.70% and a return on equity of 28.93%. The company had revenue of $49.17 million during the quarter, compared to analyst estimates of $49.26 million. During the same quarter last year, the firm posted $0.28 EPS. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. On average, equities analysts predict that NAPCO Security Technologies will post 1.49 EPS for the current fiscal year.

NAPCO Security Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 3rd. Stockholders of record on Friday, June 12th were issued a $0.15 dividend. The ex-dividend date 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 presently 57.69%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Maseco LLP purchased a new stake in NAPCO Security Technologies in the 4th quarter worth about $25,000. IFP Advisors Inc grew 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 valued at $25,000 after acquiring an additional 377 shares in the last quarter. KBC Group NV purchased a new position in NAPCO Security Technologies during the 1st quarter valued at about $26,000. Advisory Services Network LLC acquired a new position in shares of NAPCO Security Technologies in the 3rd quarter valued at about $41,000. Finally, Blue Trust Inc. acquired a new position in shares of NAPCO Security Technologies in the 1st quarter valued at 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.