B. Riley Weighs in on Napco Security Technologies, Inc.’s Q3 2024 Earnings (NASDAQ:NSSC)

Napco Security Technologies, Inc. (NASDAQ:NSSCFree Report) – Stock analysts at B. Riley raised their Q3 2024 earnings per share (EPS) estimates for Napco Security Technologies in a report released on Tuesday, February 6th. B. Riley analyst R. Sharma now expects that the industrial products company will earn $0.33 per share for the quarter, up from their previous estimate of $0.25. B. Riley has a “Neutral” rating and a $20.00 price objective on the stock. The consensus estimate for Napco Security Technologies’ current full-year earnings is $1.18 per share. B. Riley also issued estimates for Napco Security Technologies’ Q4 2024 earnings at $0.35 EPS, Q1 2025 earnings at $0.34 EPS, Q2 2025 earnings at $0.36 EPS, Q3 2025 earnings at $0.38 EPS and Q4 2025 earnings at $0.40 EPS.

NSSC has been the subject of several other research reports. Imperial Capital lowered Napco Security Technologies from an “outperform” rating to an “in-line” rating and set a $45.00 price objective for the company. in a research report on Tuesday. Needham & Company LLC boosted their price target on Napco Security Technologies from $36.00 to $46.00 and gave the company a “buy” rating in a research note on Monday. Finally, StockNews.com raised Napco Security Technologies from a “hold” rating to a “buy” rating in a research report on Monday. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Napco Security Technologies presently has an average rating of “Hold” and a consensus price target of $33.60.

Check Out Our Latest Analysis on NSSC

Napco Security Technologies Stock Up 4.0 %

NASDAQ NSSC opened at $45.63 on Wednesday. Napco Security Technologies has a 52 week low of $17.76 and a 52 week high of $45.91. The company has a market cap of $1.68 billion, a PE ratio of 38.34 and a beta of 1.55. The firm’s 50-day simple moving average is $34.52 and its two-hundred day simple moving average is $29.17.

Napco Security Technologies (NASDAQ:NSSCGet Free Report) last issued its earnings results on Monday, February 5th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08. Napco Security Technologies had a return on equity of 30.81% and a net margin of 25.08%. The business had revenue of $47.50 million during the quarter, compared to analysts’ expectations of $43.92 million. During the same quarter in the prior year, the firm earned $0.23 EPS. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its holdings in shares of Napco Security Technologies by 4.0% in the fourth quarter. Jane Street Group LLC now owns 11,926 shares of the industrial products company’s stock valued at $328,000 after buying an additional 458 shares in the last quarter. Arcadia Investment Management Corp MI boosted its holdings in Napco Security Technologies by 48.6% in the fourth quarter. Arcadia Investment Management Corp MI now owns 1,403 shares of the industrial products company’s stock worth $48,000 after purchasing an additional 459 shares in the last quarter. Congress Asset Management Co. MA boosted its holdings in Napco Security Technologies by 0.6% during the second quarter. Congress Asset Management Co. MA now owns 77,562 shares of the industrial products company’s stock valued at $2,688,000 after acquiring an additional 474 shares during the period. Tower Research Capital LLC TRC raised its position in shares of Napco Security Technologies by 137.5% during the first quarter. Tower Research Capital LLC TRC now owns 862 shares of the industrial products company’s stock valued at $32,000 after buying an additional 499 shares during the last quarter. Finally, Allworth Financial LP raised its position in shares of Napco Security Technologies by 19.9% during the fourth quarter. Allworth Financial LP now owns 3,315 shares of the industrial products company’s stock valued at $114,000 after buying an additional 550 shares during the last quarter. 87.65% of the stock is owned by hedge funds and other institutional investors.

Napco Security Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 22nd. Stockholders of record on Friday, March 1st will be issued a dividend of $0.10 per share. This is a boost from Napco Security Technologies’s previous quarterly dividend of $0.08. The ex-dividend date is Thursday, February 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.88%. Napco Security Technologies’s dividend payout ratio (DPR) is 26.89%.

Napco Security Technologies Company Profile

(Get Free Report)

Napco Security Technologies, Inc develops, manufactures, and sells electronic security products in the United States and internationally. The company offers access control systems, door-locking products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications.

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Earnings History and Estimates for Napco Security Technologies (NASDAQ:NSSC)

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