Analysts Set Napco Security Technologies, Inc. (NASDAQ:NSSC) Target Price at $46.43

Napco Security Technologies, Inc. (NASDAQ:NSSC) has been given an average rating of “Moderate Buy” by the seven analysts that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $46.43.

NSSC has been the subject of several recent research reports. Craig Hallum decreased their price target on Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. TD Cowen reduced their target price on shares of Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. StockNews.com upgraded shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Needham & Company LLC restated a “buy” rating and issued a $52.00 price objective on shares of Napco Security Technologies in a research report on Thursday, January 16th. Finally, DA Davidson lowered their price objective on Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th.

Institutional Investors Weigh In On Napco Security Technologies

Institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC increased its holdings in Napco Security Technologies by 72,300.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 724 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 723 shares in the last quarter. Quarry LP grew its position in shares of Napco Security Technologies by 91.2% in the second quarter. Quarry LP now owns 654 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 312 shares during the last quarter. KBC Group NV increased its stake in shares of Napco Security Technologies by 61.4% during the 3rd quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 424 shares in the last quarter. First Horizon Advisors Inc. raised its position in shares of Napco Security Technologies by 109.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,107 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 579 shares during the last quarter. Finally, Huntington National Bank boosted its stake in shares of Napco Security Technologies by 54.7% during the third quarter. Huntington National Bank now owns 1,777 shares of the industrial products company’s stock valued at $72,000 after acquiring an additional 628 shares during the last quarter. Hedge funds and other institutional investors own 85.07% of the company’s stock.

Napco Security Technologies Stock Performance

Shares of NASDAQ:NSSC opened at $36.13 on Friday. Napco Security Technologies has a one year low of $31.77 and a one year high of $58.09. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 26.57 and a beta of 1.65. The company has a 50-day simple moving average of $36.80 and a 200-day simple moving average of $42.37.

Napco Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.05). Napco Security Technologies had a net margin of 26.43% and a return on equity of 29.56%. The company had revenue of $44.00 million for the quarter, compared to analysts’ expectations of $46.56 million. During the same period in the prior year, the company earned $0.28 earnings per share. The firm’s revenue was up 5.5% on a year-over-year basis. As a group, research analysts forecast that Napco Security Technologies will post 1.55 EPS for the current fiscal year.

Napco Security Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, December 12th were issued a $0.125 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.50 dividend on an annualized basis and a yield of 1.38%. Napco Security Technologies’s dividend payout ratio (DPR) is presently 36.76%.

Napco Security Technologies Company Profile

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.