NN (NASDAQ:NNBR - Get Free Report) is scheduled to release its earnings data after the market closes on Monday, May 6th. Analysts expect NN to post earnings of ($0.09) per share for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.
NN (NASDAQ:NNBR - Get Free Report) last posted its earnings results on Monday, March 11th. The industrial products company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.05). The company had revenue of $112.53 million during the quarter, compared to analysts' expectations of $116.00 million. NN had a negative net margin of 10.25% and a negative return on equity of 9.19%. On average, analysts expect NN to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
NN Stock Up 0.5 %
Shares of NASDAQ NNBR traded up $0.02 during mid-day trading on Monday, reaching $3.74. The company had a trading volume of 90,314 shares, compared to its average volume of 177,732. The company has a current ratio of 2.24, a quick ratio of 1.36 and a debt-to-equity ratio of 1.19. The firm has a 50 day simple moving average of $4.50 and a two-hundred day simple moving average of $3.67. The stock has a market cap of $185.28 million, a P/E ratio of -2.76 and a beta of 3.02. NN has a 52-week low of $0.97 and a 52-week high of $5.40.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on the stock. Noble Financial assumed coverage on shares of NN in a research note on Monday, April 15th. They set an "outperform" rating and a $6.00 price target for the company. StockNews.com upgraded shares of NN from a "sell" rating to a "hold" rating in a research note on Wednesday, March 20th. Finally, TheStreet upgraded shares of NN from a "d" rating to a "c-" rating in a research note on Wednesday, February 14th.
Read Our Latest Stock Analysis on NNBR
About NN
(
Get Free Report)
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.
Further Reading
Before you consider NN, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NN wasn't on the list.
While NN currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
