Nortek Company Profile (NASDAQ:NTK)

About Nortek

Nortek logoNortek, Inc. (Nortek) is a diversified company delivering technology-driven products and solutions for lifestyle improvement at home and at work. The Company's segments include the Air Quality and Home Solutions (AQH), which manufactures, markets and distributes room and whole house ventilation products; the Security and Control Solutions (SCS), which manufactures and distributes an array of products for residential applications; the Ergonomic and Productivity Solutions (ERG), which includes computer workstations with ergonomic features; the Residential and Commercial HVAC (RCH), which manufactures and sells split-system and packaged air conditioners; the Custom and Commercial Air Solutions (CAS), which designs, manufactures and sells custom heating, ventilation and air conditioning products and systems, and Audio, Video and Control Solutions (AVC), which manufactures and markets an array of products and solutions primarily for the residential audio, video automation and control.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: General Building Materials
  • Sub-Industry: Building Products
  • Exchange: NASDAQ
  • Symbol: NTK
  • CUSIP: 65655930
Key Metrics:
  • Previous Close: $85.87
  • 50 Day Moving Average: $86.42
  • 200 Day Moving Average: $57.11
  • Trailing P/E Ratio: 130.90
  • Foreward P/E Ratio: 28.25
  • P/E Growth: 0.00
  • Market Cap: $1.38B
  • Outstanding Shares: 16,006,000
  • Beta: 1.2
Additional Links:
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Analyst Ratings

Consensus Ratings for Nortek (NASDAQ:NTK) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $54.00 (37.11% downside)

Analysts' Ratings History for Nortek (NASDAQ:NTK)
Show:
DateFirmActionRatingPrice TargetDetails
5/13/2016Jefferies GroupReiterated RatingHold$49.00 -> $54.00View Rating Details
8/5/2015Imperial CapitalReiterated RatingOutperform$98.00 -> $95.00View Rating Details
10/9/2014ING GroupInitiated CoverageIn-LineView Rating Details
(Data available from 8/25/2014 forward)

Earnings

Earnings History for Nortek (NASDAQ:NTK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/8/2016Q2$1.41$1.14$715.20 million$685.10 millionViewN/AView Earnings Details
5/12/2016Q116($0.20)$0.16$585.95 million$613.90 millionViewListenView Earnings Details
2/29/2016Q415$0.19$0.24$615.10 million$631.00 millionViewListenView Earnings Details
11/3/2015Q315$0.52($0.90)$654.10 millionViewListenView Earnings Details
8/3/2015Q215$0.97($0.14)$715.77 million$703.90 millionViewListenView Earnings Details
5/4/2015Q1$0.15($0.87)$613.60 million$572.70 millionViewListenView Earnings Details
3/2/2015Q4$0.19$0.29$605.73 million$636.80 millionViewListenView Earnings Details
11/3/2014Q3$0.49$0.29$631.60 million$642.90 millionViewListenView Earnings Details
8/5/2014Q2$1.45$1.10ViewListenView Earnings Details
5/6/2014Q1($0.38)($0.55)ViewListenView Earnings Details
8/1/2013Q2 2013$0.73$615.70 million$630.70 millionViewListenView Earnings Details
3/14/2013Q4 2012($0.82)$535.20 million$505.40 millionViewListenView Earnings Details
11/8/2012Q312$0.30$551.80 million$557.40 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Nortek (NASDAQ:NTK)
Current Year EPS Consensus Estimate: $2.37 EPS
Next Year EPS Consensus Estimate: $3.04 EPS

Dividends

Dividend History for Nortek (NASDAQ:NTK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Nortek (NASDAQ:NTK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/11/2016Kevin W DonnellySVPSell2,500$44.87$112,175.00View SEC Filing  
5/8/2015Kevin W DonnellySVPSell2,500$80.28$200,700.00View SEC Filing  
3/5/2015Kevin W DonnellySVPSell2,500$81.35$203,375.00View SEC Filing  
10/9/2014Corporate Opportunities F AresMajor ShareholderSell38,779$75.65$2,933,631.35View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Nortek (NASDAQ:NTK)
DateHeadline
publicnow.com logoNortek Air Solutions Continues to Protect Its Patented Fanwall Technology (NASDAQ:NTK)
www.publicnow.com - August 23 at 10:56 AM
finance.yahoo.com logoNORTEK INC Financials (NASDAQ:NTK)
finance.yahoo.com - August 16 at 6:40 PM
capitalcube.com logoETF’s with exposure to Nortek, Inc. : August 15, 2016 (NASDAQ:NTK)
www.capitalcube.com - August 15 at 6:51 PM
capitalcube.com logoNortek, Inc. :NTK-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NASDAQ:NTK)
www.capitalcube.com - August 12 at 6:40 PM
finance.yahoo.com logoNew Toolkit Empowers Employees to Take a Stand for Healthier Workplaces (NASDAQ:NTK)
finance.yahoo.com - August 11 at 9:44 AM
uk.finance.yahoo.com logoUpdate on Proposed Melrose Acquisition of Nortek (NASDAQ:NTK)
uk.finance.yahoo.com - August 9 at 6:47 PM
News IconThe Latest Earnings From LendingClub, Rackspace, MaxLinear, Nortek, and Nuance Have Investors Talking (NASDAQ:NTK)
feedproxy.google.com - August 9 at 8:53 AM
4-traders.com logoNortek : posts 2Q profit (NASDAQ:NTK)
www.4-traders.com - August 8 at 6:46 PM
sg.finance.yahoo.com logoNortek posts 2Q profit (NASDAQ:NTK)
sg.finance.yahoo.com - August 8 at 11:14 AM
publicnow.com logoNortek Reports Second Quarter 2016 Financial Results (NASDAQ:NTK)
www.publicnow.com - August 8 at 11:14 AM
seekingalpha.com logoNortek misses by $0.27, misses on revenue (NASDAQ:NTK)
seekingalpha.com - August 8 at 9:11 AM
reuters.com logoBRIEF-Melrose to launch rights issue for Nortek deal (NASDAQ:NTK)
www.reuters.com - August 8 at 2:24 AM
finance.yahoo.com logoErgotronHome™ Introduces Workspace Desk35 Multi-Purpose Sit-Stand Desk (NASDAQ:NTK)
finance.yahoo.com - August 3 at 6:52 PM
finance.yahoo.com logoErgotron Tackles Classroom Inactivity Through FitForward™ Program (NASDAQ:NTK)
finance.yahoo.com - July 28 at 10:15 AM
publicnow.com logoNortek Security & Control Joins ZigBee Alliance, Targets MSO Smart Home, Other Emerging IoT Sectors (NASDAQ:NTK)
www.publicnow.com - July 28 at 9:28 AM
publicnow.com logoNortek Air Solutions’ CLEANPAK Cleanroom System Part of the 2016 Laboratory of the Year at University of Illinois (NASDAQ:NTK)
www.publicnow.com - July 22 at 12:18 PM
News IconInvestor News: Investigation over Takeover of Nortek Inc (NASDAQ:NTK) (NASDAQ:NTK)
www.groundreport.com - July 22 at 9:29 AM
finance.yahoo.com logoErgotron Senior Manager Earns Ergonomics and Wellness Certifications (NASDAQ:NTK)
finance.yahoo.com - July 20 at 12:28 PM
4-traders.com logoBrodsky & Smith, LLC Announces an Investigation of The Board of Directors of Nortek, Inc. (NASDAQ:NTK)
www.4-traders.com - July 16 at 9:50 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of Nortek, Inc. (NASDAQ:NTK)
finance.yahoo.com - July 15 at 7:15 PM
feeds.reuters.com logoBRIEF-Melrose receives final regulatory approval for Nortek offer (NASDAQ:NTK)
feeds.reuters.com - July 15 at 2:36 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Nortek, Inc. to Melrose Industries PLC for $86 Per Share is Fair to Shareholders (NASDAQ:NTK)
finance.yahoo.com - July 14 at 12:44 PM
finance.yahoo.com logoErgotron Introduces WorkFit-SR Sit-Stand Workstation, Improving Employee Activity without Compromising Space (NASDAQ:NTK)
finance.yahoo.com - July 14 at 10:15 AM
sbwire.com logoInvestigation for Investors in Nortek Inc (NASDAQ:NTK) in Connection with the Takeover Announced (NASDAQ:NTK)
www.sbwire.com - July 13 at 6:52 PM
finance.yahoo.com logoSHAREHOLDER UPDATE: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of Nortek, Inc. -NTK (NASDAQ:NTK)
finance.yahoo.com - July 12 at 6:24 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Nortek, Inc. Buyout (NASDAQ:NTK)
finance.yahoo.com - July 12 at 5:18 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of Nortek, Inc. to Melrose Industries PLC for $86 Per Share is Fair to Shareholders -- NTK (NASDAQ:NTK)
finance.yahoo.com - July 11 at 10:50 AM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Nortek, Inc. And Encourages Shareholders To Contact The Firm For Additional Information (NASDAQ:NTK)
finance.yahoo.com - July 9 at 8:00 AM
News IconNortek Inc (NTK): Gates Capital Management Reports 20.4% Stake (NASDAQ:NTK)
feedproxy.google.com - July 8 at 1:57 PM
finance.yahoo.com logoNortek Inc. Acquisition May Not Be in the Best Interests of NTK Shareholders (NASDAQ:NTK)
finance.yahoo.com - July 7 at 5:14 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Has Commenced an Investigation Into Whether the Sale of Nortek, Inc. to Melrose Industries PLC for $86 Per Share is Fair to Shareholders (NASDAQ:NTK)
finance.yahoo.com - July 7 at 3:50 PM
finance.yahoo.com logoNortek, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with Melrose Industries PLC (NASDAQ:NTK)
finance.yahoo.com - July 7 at 3:14 PM
finance.yahoo.com logoRyan & Maniskas, LLP Announces Investigation of Nortek Inc. (NASDAQ:NTK)
finance.yahoo.com - July 7 at 10:31 AM
feeds.reuters.com logoBRIEF-Gates Capital Management reports 20.4 pct stake in Nortek Inc (NASDAQ:NTK)
feeds.reuters.com - July 7 at 10:22 AM
investors.com logoMelrose Industries buys Nortek for US$1.4bn (NASDAQ:NTK)
www.proactiveinvestors.com - July 7 at 9:27 AM
finance.yahoo.com logoNortek, Inc. Enters Into Definitive Merger Agreement With Melrose Industries PLC (NASDAQ:NTK)
finance.yahoo.com - July 7 at 9:27 AM
bizjournals.com logoMelrose to buy manufacturer Nortek for $2.8 billion (NASDAQ:NTK)
www.bizjournals.com - July 7 at 9:27 AM
rttnews.com logoNortek Inc. (NTK) Soared To Over A 10-Month High On Merger News (NASDAQ:NTK)
www.rttnews.com - July 7 at 9:27 AM
schaeffersresearch.com logoNortek Inc (NTK) Buyout Burns Short Sellers (NASDAQ:NTK)
www.schaeffersresearch.com - July 7 at 9:27 AM
News IconBlog Coverage Melrose Industries Acquires U.S. Ventilation Maker Nortek (NASDAQ:NTK)
news.investornetwork.com - July 7 at 9:02 AM
feeds.reuters.com logoBRIEF-Nortek says upon termination of merger, co required to pay Melrose about $50 mln (NASDAQ:NTK)
feeds.reuters.com - July 6 at 5:05 PM
reuters.com logoMelrose to buy US ventilation products maker Nortek - Reuters (NASDAQ:NTK)
www.reuters.com - July 6 at 4:28 PM
247wallst.com logoNortek and Melrose Make Moves to Merge (NASDAQ:NTK)
247wallst.com - July 6 at 4:27 PM
fool.com logoWhy Nortek Inc.'s Shares Jumped 40% Today (NASDAQ:NTK)
www.fool.com - July 6 at 1:26 PM
reuters.com logoMelrose to buy ventilation products maker Nortek for $2.8 billion - Reuters (NASDAQ:NTK)
www.reuters.com - July 6 at 11:59 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Commencement of an Investigation Into Whether the Sale of Nortek, Inc. to Melrose Industries PLC for $86 Per Share is Fair to Shareholders - NTK (NASDAQ:NTK)
finance.yahoo.com - July 6 at 10:41 AM
uk.finance.yahoo.com logoFirms Roll Up Their Sleeves After EU Vote (NASDAQ:NTK)
uk.finance.yahoo.com - July 6 at 10:21 AM
finance.yahoo.com logoNORTEK, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout (NASDAQ:NTK)
finance.yahoo.com - July 6 at 10:20 AM
sg.finance.yahoo.com logoMelrose to buy ventilation products maker Nortek for $2.8 billion (NASDAQ:NTK)
sg.finance.yahoo.com - July 6 at 10:13 AM
finance.yahoo.com logoBroan®'s Latest Balanced Ventilation System, the ERVS100, Offers Leading Ventilation Solution for Homes in the Southern United States (NASDAQ:NTK)
finance.yahoo.com - July 6 at 10:00 AM

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Nortek (NASDAQ:NTK) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff