Napco Security Technologies (NASDAQ:NSSC) Releases Earnings Results, Misses Expectations By $0.05 EPS

Napco Security Technologies (NASDAQ:NSSC) released its earnings results on Monday. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.05), Briefing.com reports. Napco Security Technologies had a return on equity of 30.01% and a net margin of 26.43%. The business had revenue of $44.00 million for the quarter, compared to analysts’ expectations of $46.56 million. During the same period in the previous year, the company earned $0.28 EPS. Napco Security Technologies’s quarterly revenue was up 5.5% compared to the same quarter last year.

Napco Security Technologies Stock Up 5.5 %

NSSC stock traded up $1.97 during mid-day trading on Wednesday, hitting $37.88. 495,325 shares of the company were exchanged, compared to its average volume of 458,455. The firm has a market capitalization of $1.39 billion, a P/E ratio of 27.85 and a beta of 1.64. Napco Security Technologies has a 12-month low of $22.73 and a 12-month high of $58.09. The business has a fifty day simple moving average of $39.67 and a 200-day simple moving average of $46.76.

Napco Security Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 12th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Thursday, December 12th. Napco Security Technologies’s dividend payout ratio (DPR) is presently 36.76%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on NSSC shares. StockNews.com lowered shares of Napco Security Technologies from a “hold” rating to a “sell” rating in a report on Tuesday. TD Cowen dropped their price objective on shares of Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating for the company in a report on Tuesday. 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 report on Tuesday, August 27th. Craig Hallum dropped their price objective on shares of Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Lake Street Capital dropped 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. One analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $47.14.

Insider Transactions at Napco Security Technologies

In other news, Director Paul Stephen Beeber sold 708 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $37.12, for a total transaction of $26,280.96. Following the sale, the director now owns 2,681 shares of the company’s stock, valued at approximately $99,518.72. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 5.24% 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.