Nortek, 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: Technology
- Industry: Household Electronics - NEC
- Sub-Industry: Building Products
- Symbol: NASDAQ:NTK
- CUSIP: 65655930
- Web: www.nortek.com/
Average Prices:- 50 Day Moving Avg: $86.29
- 200 Day Moving Avg: $58.94
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 21.98
- P/E Growth: 0.00
Profitability:- Net Margins: 2.69%
- Return on Equity: 271.83%
- Return on Assets: 3.41%
Misc:
Frequently Asked Questions for Nortek (NASDAQ:NTK)
What is Nortek's stock symbol?
Nortek trades on the NASDAQ under the ticker symbol "NTK."
How were Nortek's earnings last quarter?
Nortek Inc (NASDAQ:NTK) issued its quarterly earnings results on Monday, August, 8th. The company reported $1.14 earnings per share for the quarter, missing the consensus estimate of $1.41 by $0.27. The business earned $685.10 million during the quarter, compared to analyst estimates of $715.20 million. Nortek had a return on equity of 271.83% and a net margin of 2.69%. View Nortek's Earnings History.
Who are some of Nortek's key competitors?
Some companies that are related to Nortek include Alphabet (GOOG), BCE (BCE), Automatic Data Processing (ADP), TELUS (T), Constellation Software (CSU), Freescale Semiconductor Ltd (FSL), Alcatel Lucent SA (ALU), CDW Corp (CDW), LG Display Co (LPL), CDK Global (CDK), The Sage Group plc (SGE), Allegion PLC (ALLE), BlackBerry Ltd (BB), King Digital Entertainment PLC (KING), Micro Focus International plc (MCRO), GrubHub (GRUB), Just Eat PLC (JE) and SolarWinds (SWI).
How do I buy Nortek stock?
Shares of Nortek can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Nortek's stock price today?
One share of Nortek stock can currently be purchased for approximately $85.94.
MarketBeat Community Rating for Nortek (NASDAQ NTK)MarketBeat's community ratings are surveys of what our community members think about Nortek and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Nortek (NASDAQ:NTK) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Nortek (NASDAQ:NTK)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/13/2016 | Jefferies Group LLC | Reiterated Rating | Hold | $49.00 -> $54.00 | N/A |  |
(Data available from 8/16/2015 forward)
Earnings History for Nortek (NASDAQ:NTK)Earnings History by Quarter for Nortek (NASDAQ NTK)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/8/2016 | Q2 | $1.41 | $1.14 | $715.20 million | $685.10 million | View | N/A | |
| 5/12/2016 | Q116 | ($0.20) | $0.16 | $585.95 million | $613.90 million | View | Listen | |
| 2/29/2016 | Q415 | $0.33 | $0.24 | $615.10 million | $631.00 million | View | Listen | |
| 8/3/2015 | Q215 | $1.41 | $1.26 | $715.77 million | $703.90 million | View | Listen | |
| 3/2/2015 | Q4 | $0.19 | $0.29 | $605.73 million | $636.80 million | View | Listen | |
| 11/3/2014 | Q3 | $0.65 | $0.29 | $631.60 million | $642.90 million | View | Listen | |
| 8/4/2014 | Q2 | $1.45 | $1.10 | $681.70 million | $718.60 million | View | Listen | |
| 5/5/2014 | Q1 | ($0.38) | ($0.55) | $529.40 million | $550.10 million | View | Listen | |
| 8/1/2013 | Q2 2013 | | $0.73 | $615.70 million | $630.70 million | View | Listen | |
| 3/14/2013 | Q4 2012 | | ($0.82) | $535.20 million | $505.40 million | View | Listen | |
| 11/8/2012 | Q312 | | $0.30 | $551.80 million | $557.40 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Nortek (NASDAQ:NTK)Current Year EPS Consensus Estimate: $3.19 EPS
Next Year EPS Consensus Estimate: $3.91 EPS
Dividend History for Nortek (NASDAQ:NTK)
No dividend announcements for this company have been tracked by MarketBeat.com
Headline Trends for Nortek (NASDAQ:NTK)
Latest Headlines for Nortek (NASDAQ:NTK)
| Source: |
|
| Date | Headline |
|---|
 | Head to Head Analysis: ZAGG (ZAGG) & Nortek (NASDAQ:NTK)
www.americanbankingnews.com - August 3 at 7:26 AM |
| Financial Review: ZAGG (ZAGG) versus Nortek (NASDAQ:NTK)
www.americanbankingnews.com - July 21 at 7:44 AM |
| Head to Head Review: Nortek (NTK) and Universal Electronics (UEIC)
www.americanbankingnews.com - July 16 at 4:24 PM |
| Reviewing Skullcandy (SKUL) & Nortek (NTK)
www.americanbankingnews.com - July 7 at 8:06 AM |
| Contrasting Nortek (NTK) & Skullcandy (SKUL)
www.americanbankingnews.com - June 21 at 6:15 PM |
| Nortek (NTK) versus Control4 Corporation (CTRL) Critical Survey
www.americanbankingnews.com - June 19 at 4:16 PM |
 | Melrose Industries bosses to land £200m-plus share bonanza
uk.finance.yahoo.com - March 19 at 6:01 PM |
 | Ergotron branches into professional office furniture market
www.bizjournals.com - December 22 at 7:15 PM |
 | NORTEK INC Files SEC form 8-K, Termination of a Material Definitive Agreement, Completion of Acquisition or Dispositi
biz.yahoo.com - August 31 at 11:30 AM |
| NORTEK INC Financials
finance.yahoo.com - August 16 at 6:40 PM |
| New Toolkit Empowers Employees to Take a Stand for Healthier Workplaces
finance.yahoo.com - August 11 at 9:44 AM |
| Update on Proposed Melrose Acquisition of Nortek
uk.finance.yahoo.com - August 9 at 6:47 PM |
 | Nortek misses by $0.27, misses on revenue
seekingalpha.com - August 8 at 9:11 AM |
 | BRIEF-Melrose to launch rights issue for Nortek deal
www.reuters.com - August 8 at 2:24 AM |
| ErgotronHome™ Introduces Workspace Desk35 Multi-Purpose Sit-Stand Desk
finance.yahoo.com - August 3 at 6:52 PM |
| Ergotron Tackles Classroom Inactivity Through FitForward™ Program
finance.yahoo.com - July 28 at 10:15 AM |
| Ergotron Senior Manager Earns Ergonomics and Wellness Certifications
finance.yahoo.com - July 20 at 12:28 PM |
| SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of Nortek, Inc.
finance.yahoo.com - July 15 at 7:15 PM |
| INVESTOR 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
finance.yahoo.com - July 14 at 12:44 PM |
| Ergotron Introduces WorkFit-SR Sit-Stand Workstation, Improving Employee Activity without Compromising Space
finance.yahoo.com - July 14 at 10:15 AM |
| SHAREHOLDER UPDATE: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of Nortek, Inc. -NTK
finance.yahoo.com - July 12 at 6:24 PM |
| SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Nortek, Inc. Buyout
finance.yahoo.com - July 12 at 5:18 PM |
| SHAREHOLDER 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
finance.yahoo.com - July 11 at 10:50 AM |
| INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Nortek, Inc. And Encourages Shareholders To Contact The Firm For Additional Information
finance.yahoo.com - July 9 at 8:00 AM |
| Nortek Inc. Acquisition May Not Be in the Best Interests of NTK Shareholders
finance.yahoo.com - July 7 at 5:14 PM |
| INVESTOR 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
finance.yahoo.com - July 7 at 3:50 PM |
| Nortek, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with Melrose Industries PLC
finance.yahoo.com - July 7 at 3:14 PM |
| Ryan & Maniskas, LLP Announces Investigation of Nortek Inc.
finance.yahoo.com - July 7 at 10:31 AM |
| Nortek, Inc. Enters Into Definitive Merger Agreement With Melrose Industries PLC
finance.yahoo.com - July 7 at 9:27 AM |
| Melrose to buy manufacturer Nortek for $2.8 billion
www.bizjournals.com - July 7 at 9:27 AM |
 | Nortek Inc. (NTK) Soared To Over A 10-Month High On Merger News
www.rttnews.com - July 7 at 9:27 AM |
Nortek (NTK) Chart for Wednesday, August, 16, 2017
