Napco Security Technologies, Inc. (NASDAQ:NSSC) Receives Average Rating of "Hold" from Brokerages

Napco Security Technologies, Inc. (NASDAQ:NSSC - Get Free Report) has earned an average recommendation of "Hold" from the seven brokerages that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $35.50.

Several equities analysts have recently weighed in on the company. Cowen cut Napco Security Technologies from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Needham & Company LLC decreased their price target on Napco Security Technologies from $40.00 to $37.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Craig Hallum cut shares of 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. TD Cowen cut shares of Napco Security Technologies from a "buy" rating to a "hold" rating and lowered their target price for the stock from $46.00 to $27.00 in a research note on Tuesday, February 4th. Finally, Lake Street Capital lowered their price objective on Napco Security Technologies from $30.00 to $28.00 and set a "buy" rating on the stock in a research report on Tuesday, March 25th.

Napco Security Technologies Stock Performance

NASDAQ:NSSC traded up $0.82 during trading hours on Monday, reaching $23.82. The stock had a trading volume of 51,228 shares, compared to its average volume of 503,811. The stock has a market cap of $867.07 million, a P/E ratio of 18.30 and a beta of 1.51. Napco Security Technologies has a 12-month low of $19.00 and a 12-month high of $58.09. The stock has a 50 day simple moving average of $23.08 and a 200 day simple moving average of $31.16.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last posted its quarterly earnings results on Monday, February 3rd. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.06). The business had revenue of $42.90 million during the quarter, compared to the consensus estimate of $49.93 million. Napco Security Technologies had a net margin of 25.94% and a return on equity of 27.65%. The business's revenue for the quarter was down 9.3% on a year-over-year basis. During the same period last year, the firm earned $0.34 EPS. On average, equities analysts expect that Napco Security Technologies will post 1.24 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Napco Security Technologies

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in Napco Security Technologies by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 2,849,651 shares of the industrial products company's stock valued at $101,334,000 after acquiring an additional 32,482 shares during the last quarter. Copeland Capital Management LLC raised its position in Napco Security Technologies by 25.1% in the 1st quarter. Copeland Capital Management LLC now owns 1,493,928 shares of the industrial products company's stock worth $34,390,000 after purchasing an additional 299,305 shares during the period. Geode Capital Management LLC lifted its stake in Napco Security Technologies by 5.4% in the fourth quarter. Geode Capital Management LLC now owns 1,010,696 shares of the industrial products company's stock worth $35,948,000 after purchasing an additional 51,661 shares during the last quarter. Janus Henderson Group PLC boosted its position in Napco Security Technologies by 15.1% during the fourth quarter. Janus Henderson Group PLC now owns 939,355 shares of the industrial products company's stock valued at $33,403,000 after buying an additional 123,091 shares during the period. Finally, Doma Perpetual Capital Management LLC grew its stake in shares of Napco Security Technologies by 8.4% during the fourth quarter. Doma Perpetual Capital Management LLC now owns 766,532 shares of the industrial products company's stock valued at $27,258,000 after buying an additional 59,496 shares during the last quarter. 85.07% of the stock is currently owned by institutional investors.

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.