Analysts Set NAPCO Security Technologies, Inc. (NASDAQ:NSSC) Target Price at $48.67

NAPCO Security Technologies, Inc. (NASDAQ:NSSC) has been given an average rating of “Moderate Buy” by the eight research firms that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $48.6667.

Several research firms recently weighed in on NSSC. DA Davidson reissued a “buy” rating and set a $52.00 price target on shares of NAPCO Security Technologies in a research report on Tuesday, May 5th. Weiss Ratings lowered NAPCO Security Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, TD Cowen reissued a “buy” rating and set a $53.00 price target (up from $50.00) on shares of NAPCO Security Technologies in a research report on Tuesday, May 5th.

NAPCO Security Technologies Stock Down 0.6%

Shares of NAPCO Security Technologies stock opened at $35.77 on Tuesday. The stock’s fifty day moving average is $40.49 and its 200-day moving average is $41.35. The firm has a market capitalization of $1.28 billion, a PE ratio of 34.39 and a beta of 1.45. NAPCO Security Technologies has a 12-month low of $26.44 and a 12-month 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. The company had revenue of $49.17 million for the quarter, compared to analyst estimates 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 revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.28 earnings per share. Analysts expect that NAPCO Security Technologies will post 1.48 EPS for the current year.

NAPCO Security Technologies Announces Dividend

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC acquired a new position in NAPCO Security Technologies during the third quarter valued at $25,000. IFP Advisors Inc increased its position in NAPCO Security Technologies by 193.3% in the 3rd quarter. IFP Advisors Inc now owns 572 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 377 shares during the last quarter. Maseco LLP purchased a new stake in shares of NAPCO Security Technologies during the 4th quarter worth about $25,000. KBC Group NV acquired a new stake in shares of NAPCO Security Technologies during the 1st quarter valued at about $26,000. Finally, State of Wyoming acquired a new stake in shares of NAPCO Security Technologies during the 3rd quarter valued at about $41,000. 85.07% of the stock is owned by institutional investors and hedge funds.

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.