Free Trial
NASDAQ:NNBR

NN (NNBR) Stock Price, News & Analysis

NN logo
$3.78 -0.15 (-3.81%)
(As of 11/20/2024 ET)

About NN Stock (NASDAQ:NNBR)

Key Stats

Today's Range
$3.76
$3.95
50-Day Range
$3.15
$4.23
52-Week Range
$2.25
$5.40
Volume
40,367 shs
Average Volume
182,490 shs
Market Capitalization
$189.05 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00
Consensus Rating
Buy

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.

NN Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
52nd Percentile Overall Score

NNBR MarketRank™: 

NN scored higher than 52% of companies evaluated by MarketBeat, and ranked 114th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about NN's stock forecast and price target.
  • 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 -3.47, 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 -3.47, 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 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about NN's valuation and earnings.
  • Percentage of Shares Shorted

    3.70% 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 18.5, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in NN has recently decreased by 3.14%, indicating that investor sentiment is improving.
  • Dividend Yield

    NN does not currently pay a dividend.

  • Dividend Growth

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

  • Dividend Sustainability

    Based on EPS estimates, NN will have a dividend payout ratio of 700.00% in the coming year. This indicates that NN may not be able to sustain their current dividend.

  • Read more about NN's dividend.
  • Percentage of Shares Shorted

    3.70% 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 18.5, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in NN has recently decreased by 3.14%, indicating that investor sentiment is improving.
  • News Coverage This Week

    MarketBeat has tracked 1 news article 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.
  • 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.

  • Read more about NN's insider trading history.
Receive NNBR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for NN and its competitors with MarketBeat's FREE daily newsletter.

NNBR Stock News Headlines

NN, Inc. Reports Third Quarter 2024 Results
Top "Sleeping Giant" Crypto In The Market Now
Top "Sleeping Giant" Crypto In The Market Now We're looking at potential returns that could rewrite your financial future.
NN, Inc. (NNBR)
See More Headlines

NNBR Stock Analysis - Frequently Asked Questions

NN's stock was trading at $4.00 at the beginning of 2024. Since then, NNBR stock has decreased by 5.4% and is now trading at $3.7850.
View the best growth stocks for 2024 here
.

NN, Inc. (NASDAQ:NNBR) announced its quarterly earnings data on Wednesday, August, 7th. The industrial products company reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.03. The industrial products company had revenue of $122.99 million for 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%.

NN's top institutional shareholders 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
.

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.

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
11/20/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/10/2025

Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:NNBR
CUSIP
62933710
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
+59.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-50,150,000.00
Pretax Margin
-9.58%

Debt

Sales & Book Value

Annual Sales
$470.31 million
Cash Flow
$0.73 per share
Book Value
$2.64 per share

Miscellaneous

Free Float
45,526,000
Market Cap
$188.30 million
Optionable
Optionable
Beta
2.96

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

This page (NASDAQ:NNBR) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners