NAPCO Security Technologies, Inc. (NSSC) To Go Ex-Dividend on June 12th

NAPCO Security Technologies, Inc. (NASDAQ:NSSC) declared a quarterly dividend on Thursday, April 30th. Shareholders of record on Friday, June 12th will be paid a dividend of 0.15 per share by the industrial products company on Friday, July 3rd. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Friday, June 12th.

NAPCO Security Technologies has a payout ratio of 50.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect NAPCO Security Technologies to earn $1.64 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 36.6%.

NAPCO Security Technologies Price Performance

NASDAQ NSSC opened at $35.14 on Wednesday. The company has a market cap of $1.26 billion, a PE ratio of 33.79 and a beta of 1.45. The stock’s 50 day simple moving average is $40.22 and its 200-day simple moving average is $41.25. NAPCO Security Technologies has a 1-year low of $26.44 and a 1-year high of $48.12.

NAPCO Security Technologies (NASDAQ:NSSC) last released its earnings results 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. The business had revenue of $49.17 million for the quarter, compared to the consensus estimate of $49.26 million. NAPCO Security Technologies had a return on equity of 28.93% and a net margin of 18.70%.The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.28 earnings per share. On average, equities research analysts anticipate that NAPCO Security Technologies will post 1.48 EPS for the current fiscal year.

Analysts Set New Price Targets

NSSC has been the subject of a number of recent research reports. DA Davidson reiterated a “buy” rating and issued a $52.00 price objective on shares of NAPCO Security Technologies in a report on Tuesday, May 5th. TD Cowen reiterated a “buy” rating and issued a $53.00 price objective (up from $50.00) on shares of NAPCO Security Technologies in a report 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. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $48.67.

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.