NASDAQ:NNBR

NN (NNBR) Stock Price, News & Analysis

$3.80
+0.27 (+7.65%)
(As of 05/6/2024 ET)
Today's Range
$3.47
$3.81
50-Day Range
$3.36
$5.07
52-Week Range
$0.97
$5.40
Volume
248,449 shs
Average Volume
181,340 shs
Market Capitalization
$188.25 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

NN MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
31.6% Upside
$5.00 Price Target
Short Interest
Healthy
3.01% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.62
Upright™ Environmental Score
News Sentiment
-0.53mentions of NN in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.20) to ($0.06) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.69 out of 5 stars

Industrial Products Sector

112th out of 169 stocks

Metalworking Machinery & Equipment Industry

2nd out of 4 stocks

NNBR stock logo

About NN Stock (NASDAQ:NNBR)

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.

NNBR Stock Price History

NNBR Stock News Headlines

NN, Inc. Reports First Quarter 2024 Results
Do NOT read if you believe in “woke” politics
I have to warn you, however: This CEO of a publicly traded company is not afraid to mince words. Many on Wall Street have refused to work with him.
NN (NNBR) Scheduled to Post Quarterly Earnings on Monday
Do NOT read if you believe in “woke” politics
I have to warn you, however: This CEO of a publicly traded company is not afraid to mince words. Many on Wall Street have refused to work with him.
IMNN Stock Earnings: Imunon Beats EPS for Q4 2023
NN Full Year 2023 Earnings: EPS Misses Expectations
Nano-X Imaging (NNOX) Stock Soars 50% on Nvidia Investment
See More Headlines
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.

Company Calendar

Last Earnings
3/11/2024
Today
5/06/2024
Next Earnings (Confirmed)
5/06/2024
Fiscal Year End
12/31/2024

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
$5.00
High Stock Price Target
$6.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+31.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-50,150,000.00
Pretax Margin
-10.97%

Debt

Sales & Book Value

Annual Sales
$489.27 million
Cash Flow
$0.78 per share
Book Value
$2.64 per share

Miscellaneous

Free Float
45,155,000
Market Cap
$188.25 million
Optionable
Optionable
Beta
3.04

Social Links

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

NNBR Stock Analysis - Frequently Asked Questions

Should I buy or sell NN stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NN in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NNBR shares.
View NNBR analyst ratings
or view top-rated stocks.

What is NN's stock price target for 2024?

2 Wall Street research analysts have issued 1-year price targets for NN's stock. Their NNBR share price targets range from $4.00 to $6.00. On average, they anticipate the company's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 31.6% from the stock's current price.
View analysts price targets for NNBR
or view top-rated stocks among Wall Street analysts.

How have NNBR shares performed in 2024?

NN's stock was trading at $4.00 at the beginning of 2024. Since then, NNBR stock has decreased by 5.0% and is now trading at $3.80.
View the best growth stocks for 2024 here
.

When is NN's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our NNBR earnings forecast
.

How can I listen to NN's earnings call?

NN will be holding an earnings conference call on Tuesday, May 7th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were NN's earnings last quarter?

NN, Inc. (NASDAQ:NNBR) released its quarterly earnings results on Monday, March, 11th. The industrial products company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.05. The industrial products company earned $112.53 million during the quarter, compared to the consensus estimate of $116 million. NN had a negative net margin of 10.25% and a negative trailing twelve-month return on equity of 9.19%.

Is NN a good dividend stock?

NN (NASDAQ:NNBR) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for NNBR.

What guidance has NN issued on next quarter's earnings?

NN updated its FY 2024 earnings guidance on Monday, May, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $485.0 million-$505.0 million, compared to the consensus revenue estimate of $496.3 million.

What is Richard D. Holder's approval rating as NN's CEO?

18 employees have rated NN Chief Executive Officer Richard D. Holder on Glassdoor.com. Richard D. Holder has an approval rating of 34% among the company's employees. This puts Richard D. Holder in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of NN own?
Who are NN's major shareholders?

NN's stock is owned by many different retail and institutional investors. Top institutional investors include Register Financial Advisors LLC (2.09%), Cannon Global Investment Management LLC (0.04%) and Fifth Lane Capital LP (0.02%). Insiders that own company stock include Christina Carroll, Corre Partners Management, Llc, Jeri J Harman, Jeri J Harman, Joao V Faria, John Buchan, Jr Michael C Felcher, Rajeev Gautam, Raynard D Benvenuti, Raynard D Benvenuti, Thomas Hampton Jr Wilson and Warren A Veltman.
View institutional ownership trends
.

How do I buy shares of NN?

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.

This page (NASDAQ:NNBR) was last updated on 5/7/2024 by MarketBeat.com Staff

From Our Partners