Analysts’ Weekly Ratings Updates for Napco Security Technologies (NSSC)

by · The Cerbat Gem

Napco Security Technologies (NASDAQ: NSSC) recently received a number of ratings updates from brokerages and research firms:

  • 11/14/2024 – Napco Security Technologies was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
  • 11/5/2024 – Napco Security Technologies was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
  • 11/5/2024 – Napco Security Technologies had its price target lowered by analysts at DA Davidson from $55.00 to $48.00. They now have a “buy” rating on the stock.
  • 11/5/2024 – Napco Security Technologies had its price target lowered by analysts at Lake Street Capital from $60.00 to $41.00. They now have a “buy” rating on the stock.
  • 11/5/2024 – Napco Security Technologies had its price target lowered by analysts at TD Cowen from $60.00 to $46.00. They now have a “buy” rating on the stock.
  • 11/5/2024 – Napco Security Technologies had its price target lowered by analysts at Craig Hallum from $65.00 to $48.00. They now have a “buy” rating on the stock.
  • 9/17/2024 – Napco Security Technologies had its “buy” rating reaffirmed by analysts at Lake Street Capital. They now have a $60.00 price target on the stock.

Napco Security Technologies Trading Down 2.6 %

Shares of NASDAQ NSSC traded down $0.95 during midday trading on Friday, reaching $35.96. The company had a trading volume of 218,072 shares, compared to its average volume of 458,553. The business’s 50-day simple moving average is $39.04 and its 200 day simple moving average is $46.51. Napco Security Technologies, Inc. has a 1 year low of $27.38 and a 1 year high of $58.09. The stock has a market cap of $1.32 billion, a P/E ratio of 26.44 and a beta of 1.64.

Napco Security Technologies (NASDAQ:NSSC – Get Free Report) last issued its earnings results on Monday, November 4th. The industrial products company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.05). Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. The firm had revenue of $44.00 million for the quarter, compared to analysts’ expectations of $46.56 million. During the same period last year, the firm earned $0.28 earnings per share. Napco Security Technologies’s revenue for the quarter was up 5.5% on a year-over-year basis. Analysts predict that Napco Security Technologies, Inc. will post 1.49 earnings per share for the current year.

Napco Security Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 12th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.39%. Napco Security Technologies’s dividend payout ratio is currently 36.76%.

Insider Buying and Selling at Napco Security Technologies

In related news, Director Paul Stephen Beeber sold 708 shares of Napco Security Technologies stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $37.12, for a total value of $26,280.96. Following the sale, the director now owns 2,681 shares of the company’s stock, valued at approximately $99,518.72. This trade represents a 20.89 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.24% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Napco Security Technologies

Several institutional investors and hedge funds have recently made changes to their positions in NSSC. AE Wealth Management LLC increased its holdings in shares of Napco Security Technologies by 3.8% in the 2nd quarter. AE Wealth Management LLC now owns 5,189 shares of the industrial products company’s stock worth $270,000 after buying an additional 189 shares during the last quarter. Epic Trust Investment Advisors LLC boosted its stake in Napco Security Technologies by 3.0% in the 2nd quarter. Epic Trust Investment Advisors LLC now owns 9,678 shares of the industrial products company’s stock worth $503,000 after purchasing an additional 279 shares during the period. Quarry LP boosted its position in shares of Napco Security Technologies by 91.2% during the 2nd quarter. Quarry LP now owns 654 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 312 shares during the last quarter. CWM LLC increased its stake in Napco Security Technologies by 14.8% in the second quarter. CWM LLC now owns 2,761 shares of the industrial products company’s stock worth $143,000 after purchasing an additional 356 shares during the period. Finally, Allworth Financial LP increased its stake in shares of Napco Security Technologies by 18.9% during the third quarter. Allworth Financial LP now owns 2,515 shares of the industrial products company’s stock valued at $102,000 after buying an additional 400 shares during the period. Institutional investors own 85.07% of the company’s stock.

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.

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