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

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 recommendation and six have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $48.6667.

A number of equities analysts recently weighed in on the stock. 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. DA Davidson restated a “buy” rating and set a $52.00 price objective on shares of NAPCO Security Technologies in a report on Tuesday, May 5th. Finally, TD Cowen restated a “buy” rating and set a $53.00 price objective (up from $50.00) on shares of NAPCO Security Technologies in a report on Tuesday, May 5th.

Hedge Funds Weigh In On NAPCO Security Technologies

Several institutional investors have recently bought and sold shares of NSSC. Maseco LLP bought a new position in NAPCO Security Technologies during the fourth quarter valued at $25,000. IFP Advisors Inc raised 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 valued at $25,000 after buying an additional 377 shares during the period. KBC Group NV purchased a new position in shares of NAPCO Security Technologies during the 1st quarter valued at $26,000. Advisory Services Network LLC purchased a new position in shares of NAPCO Security Technologies during the 3rd quarter valued at $41,000. Finally, Blue Trust Inc. bought a new position in shares of NAPCO Security Technologies during the 1st quarter worth $44,000. Hedge funds and other institutional investors own 85.07% of the company’s stock.

NAPCO Security Technologies Trading Down 0.3%

Shares of NAPCO Security Technologies stock opened at $37.86 on Friday. The business’s fifty day simple moving average is $38.64 and its 200 day simple moving average is $40.88. NAPCO Security Technologies has a 12 month low of $29.22 and a 12 month high of $48.12. The firm has a market capitalization of $1.35 billion, a P/E ratio of 36.40 and a beta of 1.44.

NAPCO Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings data 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. NAPCO Security Technologies had a return on equity of 28.93% and a net margin of 18.70%.The firm had revenue of $49.17 million during the quarter, compared to the consensus estimate of $49.26 million. During the same quarter in the prior year, the company earned $0.28 EPS. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. Analysts predict that NAPCO Security Technologies will post 1.48 EPS for the current fiscal year.

NAPCO Security Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 3rd. Stockholders of record on Friday, June 12th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, June 12th. NAPCO Security Technologies’s dividend payout ratio is currently 57.69%.

About NAPCO Security Technologies

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.