Napco Security Technologies (NASDAQ:NSSC) Issues Earnings Results

Napco Security Technologies (NASDAQ:NSSC) posted its quarterly earnings data on Monday. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.04), Briefing.com reports. Napco Security Technologies had a return on equity of 30.51% and a net margin of 26.38%. The business had revenue of $44.00 million for the quarter, compared to analyst estimates of $46.56 million. During the same quarter last year, the business earned $0.28 EPS. Napco Security Technologies’s revenue for the quarter was up 5.5% compared to the same quarter last year.

Napco Security Technologies Trading Down 10.6 %

NASDAQ:NSSC opened at $34.51 on Tuesday. The stock has a 50 day moving average of $40.07 and a 200-day moving average of $46.85. The firm has a market capitalization of $1.27 billion, a PE ratio of 25.75 and a beta of 1.64. Napco Security Technologies has a 52 week low of $21.31 and a 52 week high of $58.09.

Napco Security Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 12th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.45%. Napco Security Technologies’s dividend payout ratio is currently 37.31%.

Insider Buying and Selling

In other Napco Security Technologies news, Director Paul Stephen Beeber sold 708 shares of the stock in a transaction 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 directly owns 2,681 shares of the company’s stock, valued at $99,518.72. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 5.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on NSSC shares. Needham & Company LLC upped their price objective on shares of Napco Security Technologies from $52.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, August 27th. Lake Street Capital reissued a “buy” rating and set a $60.00 price target on shares of Napco Security Technologies in a research report on Tuesday, September 17th. Finally, DA Davidson lifted their price objective on shares of Napco Security Technologies from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Tuesday, August 27th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $55.29.

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.