NN (NNBR) Stock Price, News & Analysis

Company Overview

NN, Inc., together with its subsidiaries, designs, manufactures, and sells high-precision components and assemblies for various end markets in the United States and internationally. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and sells system critical components for automotive, general industrial, and medical end markets for use in power steering, braking, transmissions, gasoline fuel system, diesel injection, and diesel emissions treatment applications, as well as in heating, ventilation, and air conditioning. The Power Solutions segment designs, manufactures, and sells a range of high-precision metal and plastic components, assemblies, and finished devices used in various applications, such as power control and transportation electrification. Its products include electrical contacts, connectors, contact assemblies, and precision stampings for the electrical, general industrial, automotive, aerospace and defense, and medical end markets. This segment also produces various tools and instruments for the orthopaedics and medical/surgical end markets. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina.

Key Stats

• Today's Range: $4.13 to $4.26
• 50-Day Range: $3.15 to $4.25
• 52-Week Range: $2.49 to $5.40
• Volume: 47,898 shs
• Average Volume: 179,538 shs
• Market Capitalization: $209.79 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.00
• Consensus Rating: Buy

NN Stock Analysis - MarketRank™

NN scored higher than 66% of companies evaluated by MarketBeat, and ranked 97th out of 179 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

NN has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

NN has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for NN are expected to grow in the coming year, from ($0.20) to $0.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NN is -3.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of NN is -3.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

NN has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.76% of the outstanding shares of NN have been sold short.

Short Interest Ratio / Days to Cover

NN has a short interest ratio ("days to cover") of 18.4, which indicates bearish sentiment.

Change versus previous month

Short interest in NN has recently increased by 1.62%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

NN does not currently pay a dividend.

Dividend Growth

NN does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.1 / 5
• Environmental Score: -3.62

Percentage of Shares Shorted

3.76% of the outstanding shares of NN have been sold short.

Short Interest Ratio / Days to Cover

NN has a short interest ratio ("days to cover") of 18.4, which indicates bearish sentiment.

Change versus previous month

Short interest in NN has recently increased by 1.62%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 1.87

News Sentiment

NN has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for NN this week, compared to 1 article on an average week.

Search Interest

1 people have searched for NNBR on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NN insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.85% of the stock of NN is held by insiders.

Percentage Held by Institutions

53.92% of the stock of NN is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NNBR Stock Analysis - Frequently Asked Questions

How have NNBR shares performed this year?

NN's stock was trading at $4.00 at the start of the year. Since then, NNBR shares have increased by 5.0% and is now trading at $4.20.
View the best growth stocks for 2024 here.

How were NN's earnings last quarter?

NN, Inc. (NASDAQ:NNBR) posted its quarterly earnings data on Wednesday, August, 7th. The industrial products company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.03. The industrial products company earned $122.99 million during the quarter, compared to analysts' expectations of $123.59 million. NN had a negative net margin of 8.05% and a negative trailing twelve-month return on equity of 10.61%.

Who are NN's major shareholders?

NN's top institutional investors include Geode Capital Management LLC (2.22%), State Street Corp (1.03%), Primecap Management Co. CA (0.68%) and De Lisle Partners LLP (0.68%). Insiders that own company stock include Corre Partners Management, Llc, Warren A Veltman, Jeri J Harman, Christina Carroll, Jr Michael C Felcher, Raynard D Benvenuti and John Buchan.
View institutional ownership trends.

How do I buy shares of NN?

Shares of NNBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of NN own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NN investors own include Xtrackers California Municipal Bond ETF (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), NVIDIA (NVDA) and Broadcom (AVGO).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 12/03/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/10/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Metalworking machinery & equipment
• Sub-Industry: Industrial Machinery
• Current Symbol: NASDAQ:NNBR
• CUSIP: 62933710
• CIK: 918541
• Web: www.nninc.com
• Phone: (980) 264-4300
• Fax: 423-743-2670
• Employees: 3,160
• Year Founded: 1980

Price Target and Rating

• Average Stock Price Target: $6.00
• High Stock Price Target: $6.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +42.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-50,150,000.00
• Net Margins: -8.05%
• Pretax Margin: -9.58%
• Return on Equity: -10.61%
• Return on Assets: -2.42%

Debt

• Debt-to-Equity Ratio: 1.27
• Current Ratio: 1.96
• Quick Ratio: 1.18

Sales & Book Value

• Annual Sales: $489.27 million
• Price / Sales: 0.43
• Cash Flow: $0.76 per share
• Price / Cash Flow: 5.50
• Book Value: $2.64 per share
• Price / Book: 1.59

Miscellaneous

• Outstanding Shares: 49,950,000
• Free Float: 45,526,000
• Market Cap: $209.79 million
• Optionable: Optionable
• Beta: 2.97