Napco Security Technologies, Inc. (NASDAQ:NSSC) Receives $35.50 Average PT from Brokerages

Napco Security Technologies, Inc. (NASDAQ:NSSC) has earned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $35.50.

NSSC has been the subject of several research analyst reports. Craig Hallum lowered Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 price objective for the company. in a research note on Tuesday, February 4th. Needham & Company LLC cut their price objective on Napco Security Technologies from $40.00 to $37.00 and set a “buy” rating for the company in a report on Friday, March 21st. Cowen downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Lake Street Capital dropped their target price on shares of Napco Security Technologies from $30.00 to $28.00 and set a “buy” rating for the company in a research report on Tuesday, March 25th. Finally, TD Cowen lowered shares of Napco Security Technologies from a “buy” rating to a “hold” rating and decreased their price target for the stock from $46.00 to $27.00 in a report on Tuesday, February 4th.

Institutional Investors Weigh In On Napco Security Technologies

A number of institutional investors have recently made changes to their positions in NSSC. New Age Alpha Advisors LLC bought a new stake in shares of Napco Security Technologies in the 4th quarter valued at about $32,000. Caption Management LLC purchased a new position in shares of Napco Security Technologies in the fourth quarter worth $33,000. GAMMA Investing LLC raised its holdings in Napco Security Technologies by 227.2% during the 1st quarter. GAMMA Investing LLC now owns 1,106 shares of the industrial products company’s stock valued at $25,000 after buying an additional 768 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Napco Security Technologies during the 4th quarter valued at $53,000. Finally, Mpwm Advisory Solutions LLC purchased a new stake in Napco Security Technologies during the 4th quarter valued at $54,000. Hedge funds and other institutional investors own 85.07% of the company’s stock.

Napco Security Technologies Stock Up 3.4 %

Shares of NASDAQ NSSC opened at $23.78 on Monday. The company has a market cap of $865.62 million, a P/E ratio of 18.29 and a beta of 1.51. Napco Security Technologies has a 52 week low of $19.00 and a 52 week high of $58.09. The business has a 50-day simple moving average of $23.07 and a two-hundred day simple moving average of $31.03.

Napco Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings data on Monday, February 3rd. The industrial products company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.06). Napco Security Technologies had a net margin of 25.94% and a return on equity of 27.65%. The firm had revenue of $42.90 million for the quarter, compared to analysts’ expectations of $49.93 million. During the same period in the prior year, the firm posted $0.34 EPS. Napco Security Technologies’s revenue was down 9.3% on a year-over-year basis. Equities research analysts anticipate that Napco Security Technologies will post 1.24 EPS for the current year.

About Napco Security Technologies

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.