NASDAQ:NSYS

Nortech Systems (NSYS) Stock Forecast, Price & News

$9.11

-0.39 (-4.11%)

(As of 09/28/2023 ET)

Compare

Today's Range: $9.11
▼
$9.52
50-Day Range: $9.11
▼
$10.44
52-Week Range: $8.76
▼
$16.52

Volume: 8,071 shs
Average Volume: 6,679 shs
Market Capitalization: $24.96 million

P/E Ratio: 10.85
Dividend Yield: N/A
Price Target: N/A

About Nortech Systems (NASDAQ:NSYS) Stock

Nortech Systems Incorporated provides design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China. It offers a range of technical and manufacturing, and support services, including project management, designing, testing, prototyping, manufacturing, supply chain management, and post-market services. The company also provides manufacturing and engineering services for medical devices, printed circuit board assemblies, wire and cable assemblies, and higher-level electromechanical assemblies. In addition, it offers engineering and repair services. The company serves original equipment manufacturers in the medical, aerospace and defense, and industrial markets through business development teams and independent manufacturers' representatives. Nortech Systems Incorporated was founded in 1990 and is headquartered in Maple Grove, Minnesota.

NSYS Price History

30 days | 90 days | 365 days | Advanced Chart

NSYS Stock News Headlines

September 22, 2023 | americanbankingnews.com

Nortech Systems (NASDAQ:NSYS) Stock Price Crosses Below 200-Day Moving Average of $10.18

August 9, 2023 | finance.yahoo.com

Nortech Systems Reports Second Quarter 2023 Results

September 29, 2023 | Tradewins (Ad)

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July 28, 2023 | thestreet.com

Nortech Systems Incorporated

July 26, 2023 | finance.yahoo.com

NSYS - Nortech Systems Incorporated

July 24, 2023 | finance.yahoo.com

Nortech Systems to Report Fiscal Second Quarter Financial Results and Hold a Conference Call on August 9, 2023

July 16, 2023 | finance.yahoo.com

Nortech Systems Incorporated's (NASDAQ:NSYS) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

June 2, 2023 | finance.yahoo.com

Nortech Systems Mourns the Loss of Board Member David Graff

September 29, 2023 | Tradewins (Ad)

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May 30, 2023 | finance.yahoo.com

Nortech Systems Announces the Departure of Christopher D. Jones as CFO & Senior Vice President of Finance

May 16, 2023 | finance.yahoo.com

Pro Take: Corporate Boards Tackle Oversight of Technology, Innovation

May 13, 2023 | finance.yahoo.com

Nortech Systems Incorporated (NASDAQ:NSYS) Q1 2023 Earnings Call Transcript

May 12, 2023 | seekingalpha.com

Nortech Systems GAAP EPS of $0.23, revenue of $34.9M

May 12, 2023 | marketwatch.com

8-K: NORTECH SYSTEMS INC

May 10, 2023 | msn.com

Nortech Systems GAAP EPS of $0.23, revenue of $34.89M

May 10, 2023 | finance.yahoo.com

Nortech Systems Reports First Quarter 2023 Results

April 19, 2023 | finance.yahoo.com

Nortech Systems to Report Fiscal First Quarter Financial Results and Hold a Conference Call on May 11, 2023

March 18, 2023 | finance.yahoo.com

Q4 2022 Nortech Systems Inc Earnings Call

March 17, 2023 | benzinga.com

Nortech Systems shares are trading lower after the company reported Q4 financial results.

March 16, 2023 | finance.yahoo.com

Nortech Systems Announces 2022 Fourth Quarter and Full Year Results

February 22, 2023 | finance.yahoo.com

Nortech Systems to Report Fiscal Fourth Quarter Financial Results and Hold a Conference Call on March 17, 2023

February 16, 2023 | seekingalpha.com

NSYS Nortech Systems Incorporated

February 5, 2023 | finance.yahoo.com

Is Nortech Systems Incorporated's (NASDAQ:NSYS) Latest Stock Performance A Reflection Of Its Financial Health?

December 29, 2022 | insidermonkey.com

Nortech Systems Incorporated (NASDAQ:NSYS) Q3 2022 Earnings Call Transcript

November 11, 2022 | seekingalpha.com

Nortech Systems Incorporated (NSYS) Q3 2022 Earnings Call Transcript

November 11, 2022 | finance.yahoo.com

Nortech Systems Third Quarter 2022 Earnings: EPS: US$0.57 (vs US$1.33 in 3Q 2021)

November 9, 2022 | finance.yahoo.com

Nortech Systems Announces 2022 Third Quarter Results

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NSYS Company Calendar

Last Earnings: 8/09/2023
Today: 9/28/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Electronic components, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:NSYS
CUSIP: N/A
CIK: 722313
Web: www.nortechsys.com
Phone: (952) 345-2244
Fax: 952-449-0442
Employees: 782
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.84
Trailing P/E Ratio: 10.85
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $2.01 million
Net Margins: 1.75%
Pretax Margin: 3.14%
Return on Equity: 8.68%
Return on Assets: 3.51%

Debt

Debt-to-Equity Ratio: 0.25
Current Ratio: 2.23
Quick Ratio: 1.36

Sales & Book Value

Annual Sales: $134.12 million
Price / Sales: 0.19
Cash Flow: $1.40 per share
Price / Cash Flow: 6.51
Book Value: $10.34 per share
Price / Book: 0.88

Miscellaneous

Outstanding Shares: 2,740,000
Free Float: 2,436,000
Market Cap: $24.96 million
Optionable: Not Optionable
Beta: 0.72

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Key Executives

Mr. Jay Dean Miller (Age 63)
Pres, CEO & Director
Comp: $780.53k

Mr. John Lindeen (Age 58)
Sr. VP of Global Operations
Comp: $340.55k

Alan Nordstrom
Interim CFO & Corp. Controller

Mr. Curtis J. Steichen (Age 66)
Sr. VP of Sales

Ms. Monica Hamling
VP of People Operations & Culture

Mark T. Hooley
Sec.

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NSYS Stock - Frequently Asked Questions

How have NSYS shares performed in 2023?: Nortech Systems' stock was trading at $12.25 at the beginning of 2023. Since then, NSYS shares have decreased by 25.6% and is now trading at $9.11.
View the best growth stocks for 2023 here.
When is Nortech Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our NSYS earnings forecast.
How were Nortech Systems' earnings last quarter?: Nortech Systems Incorporated (NASDAQ:NSYS) announced its quarterly earnings results on Wednesday, August, 9th. The electronics maker reported $0.22 earnings per share (EPS) for the quarter. The electronics maker had revenue of $35.02 million for the quarter. Nortech Systems had a net margin of 1.75% and a trailing twelve-month return on equity of 8.68%.
What is Michael J. Degen's approval rating as Nortech Systems' CEO?: 12 employees have rated Nortech Systems Chief Executive Officer Michael J. Degen on Glassdoor.com. Michael J. Degen has an approval rating of 17% among the company's employees. This puts Michael J. Degen in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Nortech Systems own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Nortech Systems investors own include Nokia Oyj (NOK), Co-Diagnostics (CODX), FuelCell Energy (FCEL), iBio (IBIO), Inovio Pharmaceuticals (INO), Inpixon (INPX), Digital Ally (DGLY), DURECT (DRRX), Kopin (KOPN) and The Meet Group (MEET).
What is Nortech Systems' stock symbol?: Nortech Systems trades on the NASDAQ under the ticker symbol "NSYS."

Who are Nortech Systems' major shareholders?: Nortech Systems' stock is owned by a variety of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (2.00%), Chevy Chase Trust Holdings LLC (0.68%) and Royal Bank of Canada (0.37%). Insiders that own company stock include Christine Flores, Christopher Dean Jones, David B Kunin, Jay D Miller, Jay D Miller and Steven J Rosenstone.
View institutional ownership trends.
How do I buy shares of Nortech Systems?: Shares of NSYS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Nortech Systems' stock price today?: One share of NSYS stock can currently be purchased for approximately $9.11.
How much money does Nortech Systems make?: Nortech Systems (NASDAQ:NSYS) has a market capitalization of $24.96 million and generates $134.12 million in revenue each year. The electronics maker earns $2.01 million in net income (profit) each year or $0.84 on an earnings per share basis.
How many employees does Nortech Systems have?: The company employs 782 workers across the globe.
How can I contact Nortech Systems?: Nortech Systems' mailing address is 7550 Meridian Circle N Suite # 150, Maple Grove MN, 55369. The official website for the company is www.nortechsys.com. The electronics maker can be reached via phone at (952) 345-2244, via email at investor@nortechsys.com, or via fax at 952-449-0442.

This page (NASDAQ:NSYS) was last updated on 9/29/2023 by MarketBeat.com Staff

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