Napco Security Technologies (NASDAQ:NSSC) Hits New 1-Year Low – Time to Sell?

Napco Security Technologies, Inc. (NASDAQ:NSSC) reached a new 52-week low during trading on Thursday . The company traded as low as $22.25 and last traded at $22.89, with a volume of 263895 shares. The stock had previously closed at $22.67.

Analyst Ratings Changes

NSSC has been the topic of a number of research analyst reports. Lake Street Capital cut their price target on shares of Napco Security Technologies from $30.00 to $28.00 and set a “buy” rating on the stock in a report on Tuesday, March 25th. Cowen cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Needham & Company LLC decreased their price target on shares of 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. Craig Hallum downgraded Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 price objective on the stock. in a research note on Tuesday, February 4th. Finally, TD Cowen lowered Napco Security Technologies from a “buy” rating to a “hold” rating and reduced their price objective for the company from $46.00 to $27.00 in a report on Tuesday, February 4th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $35.50.

Napco Security Technologies Stock Performance

The stock’s 50 day moving average is $25.75 and its 200 day moving average is $33.74. The company has a market capitalization of $738.21 million, a PE ratio of 15.60 and a beta of 1.59.

Napco Security Technologies (NASDAQ:NSSC) last posted its 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 company had revenue of $42.90 million for the quarter, compared to analysts’ expectations of $49.93 million. Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. The company’s revenue was down 9.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.34 EPS. On average, equities research analysts forecast that Napco Security Technologies, Inc. will post 1.24 EPS for the current fiscal year.

Napco Security Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend was Wednesday, March 12th. Napco Security Technologies’s dividend payout ratio is presently 38.46%.

Hedge Funds Weigh In On Napco Security Technologies

A number of large investors have recently modified their holdings of NSSC. New Age Alpha Advisors LLC bought a new stake in Napco Security Technologies during the 4th quarter worth approximately $32,000. Caption Management LLC purchased a new position in shares of Napco Security Technologies during the 4th quarter valued at $33,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Napco Security Technologies in the fourth quarter worth $53,000. Mpwm Advisory Solutions LLC purchased a new stake in shares of Napco Security Technologies in the fourth quarter worth $54,000. Finally, Physician Wealth Advisors Inc. bought a new stake in Napco Security Technologies during the fourth quarter valued at $63,000. 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.