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 twelve months. 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 12-month price targets for NN's stock. Their NNBR share price targets range from $4.00 to $6.00. On average, they expect the company's stock price to reach $5.00 in the next year. This suggests a possible upside of 28.2% 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 start of the year. Since then, NNBR shares have decreased by 2.5% and is now trading at $3.90. 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 Thursday, May 2nd 2024. View our NNBR earnings forecast .

How were NN's earnings last quarter?

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

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

NN issued an update on its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $485.0 million-$510.0 million, compared to the consensus revenue estimate of $493.3 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other NN investors own include Xtrackers California Municipal Bond ETF (CA) , BlackRock (BLK) , Endologix (ELGX) , Hawkins (HWKN) , Chipotle Mexican Grill (CMG) , Athabasca Oil (ATH) , Aegean Marine Petroleum Network (ANW) , NIC (EGOV) , Precision Drilling (PD) and Och-Ziff Capital Management Group (OZM) .

Who are NN's major shareholders?

NN's stock is owned by a number of institutional and retail investors. Top institutional investors include Register Financial Advisors LLC (2.09%) and Cannon Global Investment Management LLC (0.04%). 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 .

NASDAQ:NNBR

NN (NNBR) Stock Price, News & Analysis

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Free NNBR Stock Alerts

$3.90

+0.02 (+0.52%)

(As of 04/18/2024 ET)

Compare

Today's Range: $3.79
▼
$3.94
50-Day Range: $3.81
▼
$5.13
52-Week Range: $0.97
▼
$5.40

Volume: 174,694 shs
Average Volume: 176,328 shs
Market Capitalization: $193.21 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.00

Get NN alerts:

NN MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 28.2% Upside
$5.00 Price Target
Short Interest: Bearish
3.07% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -3.62
Upright™ Environmental Score
News Sentiment: 1.48
Based on 7 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.

2.85 out of 5 stars

Industrial Products Sector

98th out of 163 stocks

Metalworking Machinery & Equipment Industry

1st out of 3 stocks

3.5

Analyst's Opinion

Consensus Rating
NN has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
NN has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.07% of the outstanding shares of NN have been sold short.
Short Interest Ratio / Days to Cover
NN has a short interest ratio ("days to cover") of 8.9.
Change versus previous month
Short interest in NN has recently increased by 2.70%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
NN does not currently pay a dividend.
Dividend Growth
NN does not have a long track record of dividend growth.

0.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
NN has received a -93.65% net impact score from Upright. The largest negative impact of Nn Inc in category "GHG emissions" seems to be driven mostly by its "Plastic injection moulding services for the automotive industry", "Metal processing services for the automotive industry", "Plastic injection moulding services for electronic components", and "Metal processing services for electronic components" products. See details.
Environmental Sustainability
The Environmental Impact score for NN is -3.62.

3.0

News and Social Media Coverage

News Sentiment
NN has a news sentiment score of 1.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for NN this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for NNBR on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added NN to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NN insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.85% of the stock of NN is held by insiders.
Percentage Held by Institutions
53.92% of the stock of NN is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for NN are expected to grow in the coming year, from ($0.20) to ($0.06) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NN is -2.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of NN is -2.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
NN has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

NNBR Stock News Headlines

April 18, 2024 | americanbankingnews.com

NN, Inc. (NASDAQ:NNBR) to Post Q1 2024 Earnings of ($0.10) Per Share, Noble Financial Forecasts

April 16, 2024 | americanbankingnews.com

NN (NASDAQ:NNBR) Coverage Initiated by Analysts at Noble Financial

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 10, 2024 | globenewswire.com

NN, Inc. Announces Jeff Tritapoe as Vice President of Global Operations

April 9, 2024 | americanbankingnews.com

NN (NASDAQ:NNBR) Shares Pass Above Two Hundred Day Moving Average of $3.47

April 8, 2024 | globenewswire.com

NN, Inc. Announces Another Strong Quarter of New Business Awards at $17.2 million in Q1 2024

April 1, 2024 | investorplace.com

NNOX Stock Earnings: Nano X Imaging Beats EPS, Misses Revenue for Q4 2023

March 28, 2024 | investorplace.com

IMNN Stock Earnings: Imunon Beats EPS for Q4 2023

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 25, 2024 | investorplace.com

IINN Stock Earnings: Inspira Technologies Oxy Beats EPS for Q4 2022

March 21, 2024 | investorplace.com

NNDM Stock Earnings: Nano Dimension Reported Results for Q4 2023

March 18, 2024 | finance.yahoo.com

NNBR: NN’s improved operational profile supports price target of $7.00 per share.

March 13, 2024 | finance.yahoo.com

NN Full Year 2023 Earnings: EPS Misses Expectations

March 13, 2024 | finance.yahoo.com

NN, Inc. (NASDAQ:NNBR) Q4 2023 Earnings Call Transcript

March 11, 2024 | globenewswire.com

NN, Inc. Reports Fourth Quarter and Full Year 2023 Results; 2024 Guidance

March 11, 2024 | globenewswire.com

NN, Inc. Executive Management to Present at the Sidoti Small-Cap Virtual Investor Conference

March 8, 2024 | globenewswire.com

NN Announces First Steps in Balance Sheet Optimization Plan

February 27, 2024 | globenewswire.com

NN, Inc. to Hold Fourth Quarter and Full Year 2023 Earnings Conference Call on Tuesday, March 12, 2024

February 15, 2024 | investorplace.com

Nano-X Imaging (NNOX) Stock Soars 50% on Nvidia Investment

February 1, 2024 | finance.yahoo.com

NNBR: NN Inc. new business wins and increasing free cash flow supports price target of $7.00 per share.

January 9, 2024 | finance.yahoo.com

NN, Inc. Reports Record-Breaking $62.6 Million of New Business Wins in 2023

December 26, 2023 | finance.yahoo.com

NN's (NASDAQ:NNBR) growing losses don't faze investors as the stock surges 23% this past week

December 19, 2023 | finance.yahoo.com

NN, Inc. Announces $10M New Business Win in Automotive Electrical Wiring

December 8, 2023 | investorplace.com

CENN Stock Alert: Cenntro Electric Plunges After Reverse Stock Split

November 29, 2023 | finance.yahoo.com

Institutions own 31% of NN, Inc. (NASDAQ:NNBR) shares but retail investors control 35% of the company

November 20, 2023 | investorplace.com

Penn Entertainment (PENN) Stock Gains on Analyst Upgrade

November 9, 2023 | finance.yahoo.com

NNBR: NN Inc. released 3rd quarter 2023 results which showed improved free cash flow generation and progress towards its strategic transformation initiatives.

See More Headlines

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Company Calendar

Last Earnings: 3/11/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Metalworking machinery & equipment
Sub-Industry: Industrial Machinery
Current Symbol: NASDAQ:NNBR
CUSIP: 62933710
CIK: 918541
Web: www.nninc.com
Phone: (980) 264-4300
Fax: 423-743-2670
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: +28.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.35)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-50,150,000.00
Net Margins: -10.25%
Pretax Margin: -10.97%
Return on Equity: -9.19%
Return on Assets: -2.59%

Debt

Debt-to-Equity Ratio: 1.19
Current Ratio: 2.24
Quick Ratio: 1.36

Sales & Book Value

Annual Sales: $489.27 million
Price / Sales: 0.39
Cash Flow: $0.74 per share
Price / Cash Flow: 5.25
Book Value: $2.64 per share
Price / Book: 1.48

Miscellaneous

Outstanding Shares: 49,540,000
Free Float: 45,155,000
Market Cap: $193.21 million
Optionable: Optionable
Beta: 3.02

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Key Executives

Ms. D. Gail Nixon (Age 53)
Senior VP & Chief Human Resources Officer
Comp: $412.14k
Mr. Verlin Bush
VP & Chief Commercial Officer
Mr. David Harrison
Chief Procurement Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 twelve months. 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 12-month price targets for NN's stock. Their NNBR share price targets range from $4.00 to $6.00. On average, they expect the company's stock price to reach $5.00 in the next year. This suggests a possible upside of 28.2% 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 start of the year. Since then, NNBR shares have decreased by 2.5% and is now trading at $3.90.
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 Thursday, May 2nd 2024.
View our NNBR earnings forecast.
How were NN's earnings last quarter?: NN, Inc. (NASDAQ:NNBR) released its quarterly earnings data on Monday, March, 11th. The industrial products company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.05) by $0.05. The industrial products company had revenue of $112.53 million for the quarter, compared to analysts' expectations of $116 million. NN had a negative net margin of 10.25% and a negative trailing twelve-month return on equity of 9.19%.
What guidance has NN issued on next quarter's earnings?: NN issued an update on its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $485.0 million-$510.0 million, compared to the consensus revenue estimate of $493.3 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?: Based on aggregate information from My MarketBeat watchlists, some companies that other NN investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), NIC (EGOV), Precision Drilling (PD) and Och-Ziff Capital Management Group (OZM).
Who are NN's major shareholders?: NN's stock is owned by a number of institutional and retail investors. Top institutional investors include Register Financial Advisors LLC (2.09%) and Cannon Global Investment Management LLC (0.04%). 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 4/18/2024 by MarketBeat.com Staff

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NN (NNBR) Stock Price, News & Analysis

NN MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About NN Stock (NASDAQ:NNBR)

NNBR Stock Price History

NNBR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

NNBR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™