Napco Security Technologies (NASDAQ:NSSC) Given Hold Rating at Lake Street Capital

Napco Security Technologies (NASDAQ:NSSC - Get Free Report)'s stock had its "hold" rating reaffirmed by Lake Street Capital in a note issued to investors on Monday, MarketBeat Ratings reports.

A number of other research analysts also recently commented on NSSC. TD Cowen downgraded Napco Security Technologies from a "buy" rating to a "hold" rating and lowered their target price for the company from $46.00 to $27.00 in a research note on Tuesday, February 4th. Craig Hallum downgraded shares of Napco Security Technologies from a "buy" rating to a "hold" rating and set a $28.00 price target for the company. in a report on Tuesday, February 4th. Needham & Company LLC lowered their target price on Napco Security Technologies from $40.00 to $37.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Finally, Cowen downgraded Napco Security Technologies from a "buy" rating to a "hold" rating in a report on Tuesday, February 4th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, Napco Security Technologies presently has an average rating of "Hold" and an average price target of $32.20.

Napco Security Technologies Trading Up 3.4 %

Napco Security Technologies stock traded up $0.86 during midday trading on Monday, reaching $25.79. 109,762 shares of the stock traded hands, compared to its average volume of 507,478. The firm has a fifty day moving average price of $23.09 and a two-hundred day moving average price of $30.68. The firm has a market cap of $938.78 million, a price-to-earnings ratio of 19.99 and a beta of 1.41. Napco Security Technologies has a fifty-two week low of $19.00 and a fifty-two week high of $58.09.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The industrial products company reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.01. Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. The company had revenue of $43.96 million for the quarter, compared to the consensus estimate of $45.11 million. During the same quarter in the previous year, the business earned $0.37 EPS. The company's quarterly revenue was down 10.8% compared to the same quarter last year. Analysts anticipate that Napco Security Technologies will post 1.24 earnings per share for the current year.

Hedge Funds Weigh In On Napco Security Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of NSSC. Vanguard Group Inc. lifted its holdings in Napco Security Technologies by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 2,849,651 shares of the industrial products company's stock worth $101,334,000 after purchasing an additional 32,482 shares during the last quarter. Copeland Capital Management LLC raised its position in Napco Security Technologies by 25.1% during the first quarter. Copeland Capital Management LLC now owns 1,493,928 shares of the industrial products company's stock valued at $34,390,000 after purchasing an additional 299,305 shares in the last quarter. Geode Capital Management LLC grew its position 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 valued at $35,948,000 after acquiring an additional 51,661 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of 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 worth $33,403,000 after buying an additional 123,091 shares in the last quarter. Finally, Doma Perpetual Capital Management LLC boosted its holdings in Napco Security Technologies by 8.4% in 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 acquiring an additional 59,496 shares during the last quarter. Institutional investors own 85.07% of the company's stock.

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.