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

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

A number of equities research analysts have issued reports on NSSC shares. Weiss Ratings lowered shares of NAPCO Security Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. TD Cowen reiterated a “buy” rating and set a $53.00 target price (up from $50.00) on shares of NAPCO Security Technologies in a report on Tuesday, May 5th. Finally, DA Davidson reiterated a “buy” rating and set a $52.00 target price on shares of NAPCO Security Technologies in a report on Tuesday, May 5th.

Institutional Investors Weigh In On NAPCO Security Technologies

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of NAPCO Security Technologies by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 2,882,063 shares of the industrial products company’s stock valued at $120,182,000 after purchasing an additional 31,644 shares during the last quarter. Copeland Capital Management LLC increased its position in shares of NAPCO Security Technologies by 41.4% in the 1st quarter. Copeland Capital Management LLC now owns 2,009,089 shares of the industrial products company’s stock valued at $79,138,000 after purchasing an additional 588,297 shares during the last quarter. Fundsmith LLP increased its position in shares of NAPCO Security Technologies by 86.4% in the 3rd quarter. Fundsmith LLP now owns 1,779,857 shares of the industrial products company’s stock valued at $76,445,000 after purchasing an additional 824,945 shares during the last quarter. Janus Henderson Group PLC increased its position in shares of NAPCO Security Technologies by 3.0% in the 4th quarter. Janus Henderson Group PLC now owns 1,569,363 shares of the industrial products company’s stock valued at $65,457,000 after purchasing an additional 45,093 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of NAPCO Security Technologies by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 1,028,863 shares of the industrial products company’s stock valued at $42,910,000 after purchasing an additional 4,324 shares during the last quarter. 85.07% of the stock is owned by hedge funds and other institutional investors.

NAPCO Security Technologies Stock Up 0.1%

NAPCO Security Technologies stock opened at $35.01 on Tuesday. The firm has a market cap of $1.25 billion, a PE ratio of 33.66 and a beta of 1.45. NAPCO Security Technologies has a 52-week low of $26.44 and a 52-week high of $48.12. The company’s 50 day moving average is $40.28 and its two-hundred day moving average is $41.28.

NAPCO Security Technologies (NASDAQ:NSSC) last released 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 net margin of 18.70% and a return on equity of 28.93%. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.28 EPS. On average, equities research analysts anticipate that NAPCO Security Technologies will post 1.48 earnings per share for the current fiscal year.

NAPCO Security Technologies Dividend Announcement

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