Napco Security Technologies (NASDAQ:NSSC) Posts Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Napco Security Technologies (NASDAQ:NSSC) announced its quarterly earnings data on Monday. The industrial products company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06), Zacks reports. Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. The firm had revenue of $42.90 million during the quarter, compared to analysts’ expectations of $49.93 million. During the same quarter in the previous year, the firm earned $0.34 earnings per share. Napco Security Technologies’s revenue was down 9.3% on a year-over-year basis.

Napco Security Technologies Price Performance

Shares of NSSC stock opened at $26.42 on Wednesday. Napco Security Technologies has a 1 year low of $25.51 and a 1 year high of $58.09. The firm has a fifty day moving average price of $36.19 and a 200-day moving average price of $40.99. The company has a market cap of $969.09 million, a price-to-earnings ratio of 19.43 and a beta of 1.64.

Napco Security Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend is Wednesday, March 12th. Napco Security Technologies’s payout ratio is 36.76%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Lake Street Capital decreased their price objective on shares of Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. TD Cowen lowered shares of Napco Security Technologies from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $46.00 to $27.00 in a report on Tuesday. StockNews.com upgraded shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Craig Hallum lowered 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 report on Tuesday. Finally, Needham & Company LLC decreased their price objective on shares of Napco Security Technologies from $52.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday. Five research 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, the stock currently has an average rating of “Hold” and an average price target of $39.14.

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.