Price: $4.7700
$0.02
0.421%
|
Day's High:
| $4.915
| Week Perf:
| 14.66 %
|
Day's Low: |
$ 4.66 |
30 Day Perf: |
-4.79 % |
Volume (M): |
145 |
52 Wk High: |
$ 5.40 |
Volume (M$): |
$ 691 |
52 Wk Avg: |
$2.56 |
Open: |
$4.75 |
52 Wk Low: |
$0.97 |
|
|
Market Capitalization (Millions $) |
177 |
Shares
Outstanding (Millions) |
37 |
Employees |
4,730 |
Revenues (TTM) (Millions $) |
489 |
Net Income (TTM) (Millions $) |
-50 |
Cash Flow (TTM) (Millions $) |
9 |
Capital Exp. (TTM) (Millions $) |
21 |
Nn Inc
NN, Inc. is a diversified industrial company and a leading global manufacturer
of high precision bearing components, industrial plastic products and precision
metal components to a variety of markets on a global basis. We have 40 manufacturing
plants in North America, Western Europe, Eastern Europe, South America and China.
Our business is aggregated into three reportable segments, the Precision Bearing
Components Group, the Precision Engineered Products Group and the Autocam Precision
Components Group.
Precision Bearing Components Group
Within our Precision Bearing Components Group, we manufacture and supply high
precision bearing components, consisting of balls, cylindrical rollers, tapered
rollers, spherical rollers and metal retainers, for leading bearing and CV-joint
manufacturers on a global basis. We are a leading independent manufacturer of
precision steel bearing balls and rollers for the North American, European and
Asian markets. We offer one of the industry’s most complete lines of commercially
available bearing components. We emphasize application-specific engineered products
that take advantage of competencies in product design and tight tolerance manufacturing
processes. Our customers use our components in fully assembled ball and roller
bearings and CV-joints, which serve a wide variety of end markets, including
automotive, agricultural, construction, machinery, heavy truck, and rail.
Precision Engineered Products Group
Following the PEP Acquisition, we combined the operations of PEP with our Plastics
and Rubber Components Segment. Within our Precision Engineered Products Group,
we combine materials science expertise with advanced engineering and production
capabilities to design and manufacture a broad range of high-precision metal
and plastic components, assemblies, and finished devices for the medical, electrical,
automotive and aerospace end markets.
Autocam Precision Components Group
Within our Autocam Precision Components Group, we manufacture highly engineered,
difficult-to-manufacture precision metal components and subassemblies for the
automotive, HVAC, fluid power and diesel engine end markets. Our entry into
the precision metal components market began in 2006 with the acquisition of
Whirlaway Corporation. We dramatically expanded the segment in 2014 with the
acquisitions of Autocam and V-S. These acquisitions furthered our strategy to
diversify our end markets and build upon our core manufacturing competency of
high-precision metal machining.
Our research and development and product engineering efforts focus on enhancing
our existing products and developing patented products, particularly in the
medical industry, that can be presented to and sold by our customers. Our Precision
Engineered Products Group has developed a portfolio of patented medical products
that we manufacture for customers and that are sold under their brand. Our Autocam
Precision Products Group engineering team focuses on lowering the cost of manufacturing
existing products and developing engineered solutions to improve our customers’
products. Our Precision Bearing Components Group operates two innovation centers,
one in the Netherlands for rollers and one in Italy for balls, which focuses
on improving the performance of the rolling element, operating life and friction
generation and reducing manufacturing costs.
Company Address: 6210 Ardrey Kell Road, Suite 120 Charlotte 28277 NC
Company Phone Number: 264-4300 Stock Exchange / Ticker: NASDAQ NNBR
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|
Customers Net Income fell by |
NNBR's Customers Net Profit Margin fell to |
-62.45 % |
2.58 %
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Stock Performances by Major Competitors |
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Nn Inc
NN Inc, a company trading on the NASDAQ, has recently experienced a solid gain of 5.31% in its shares over the past five trading days, resulting in a significant 19.12% increase during the first quarter of 2024. This positive performance is notable, as the current share price is 95.3% higher than its 52-week average. However, before getting carried away by these gains, it is crucial to consider the company's recent financial results and their potential impact on NN Inc's future.
|
Financing Agreement
Published Fri, Mar 8 2024 9:30 PM UTC
NN Announces First Steps in Balance Sheet Optimization Plan In a recent announcement, NN Inc revealed plans to reduce its term loan balance, lower cash interest payments, and strengthen its balance sheet. This move comes as the company has recorded a significant cumulative net loss of $-42 million in the past 12 months leading up to the third quarter of 2023. The Ind...
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Contract
Published Tue, Dec 19 2023 9:01 PM UTC
Amid an apparent deterioration in supplier revenue, NN, Inc., a diversified industrial company, has announced a robust new business win worth $10 million in the Automotive Electrical Wiring market. This fresh victory adds to the $43 million in total new business acquisitions achieved year-to-date across strategic markets. The company has put forth an optimistic sta...
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Nn Inc
NN Inc, a global diversified industrial company known for manufacturing high-precision components and assemblies, recently reported its financial results for the third quarter of 2023. Despite the company's efforts, weakening orders and declining revenue have led to a deficit, raising concerns among investors. Let's delve into the key details of the financial interval ending September 30, 2023, and explore the potential implications for NN Inc's future. Weakening Orders Lead to a Revenue Dip: In the third quarter of 2023, NN Inc witnessed a 2.242% decline in revenue, which amounted to $124.44 million. Compared to the previous year's financial reporting period, the revenue decrease stood at 0.609%, dropping from $125.21 million. This reduction in revenue can be attributed to weakening orders, indicating a potential slowdown in demand for the company's products.
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Nn Inc
In the second quarter of 2023, Nn Inc, a leading player in the Industrial Machinery and Components sector, witnessed a decline in revenue and increasing shortfall. The company reported a revenue decrease of -0.124% amounting to $125.21 million, compared to $127.09 million in the previous year. Furthermore, the shortfall per share widened from $-0.25 to $-0.38 in the same period. These figures reveal the challenges faced by the company due to diminishing demand. Revenue Dips and Shortfall Widens: The second quarter of the 2023 financial interval proved to be challenging for Nn Inc, as it faced diminishing returns. Amidst depleting demand, both revenues and shortfall per share registered notable changes compared to the previous year. There was a decline in revenue by -0.124% to $125.21 million, hinting at the struggles faced by the company in sustaining its sales momentum.
|
Per Share |
Current |
Earnings (TTM) |
-1.26 $ |
Revenues (TTM) |
13.17 $
|
Cash Flow (TTM) |
0.24 $ |
Cash |
0.59 $
|
Book Value |
3.36 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-1.26 $
|
Revenues (TTM) |
13.17 $ |
Cash Flow (TTM) |
0.24 $ |
Cash |
0.59 $
|
Book Value |
3.36 $ |
Dividend (TTM) |
0 $ |
|
|
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