Price: $3.9700
$0.13
3.385%
|
Day's High:
| $3.99
| Week Perf:
| 5.03 %
|
Day's Low: |
$ 3.82 |
30 Day Perf: |
9.37 % |
Volume (M): |
45 |
52 Wk High: |
$ 5.40 |
Volume (M$): |
$ 177 |
52 Wk Avg: |
$3.59 |
Open: |
$3.84 |
52 Wk Low: |
$1.70 |
|
|
Market Capitalization (Millions $) |
194 |
Shares
Outstanding (Millions) |
49 |
Employees |
4,730 |
Revenues (TTM) (Millions $) |
481 |
Net Income (TTM) (Millions $) |
-40 |
Cash Flow (TTM) (Millions $) |
-1 |
Capital Exp. (TTM) (Millions $) |
17 |
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 |
-11.93 % |
4.67 %
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Stock Performances by Major Competitors |
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Management Changes
Published Mon, Jul 8 2024 1:01 PM UTC
NN, Inc. Bolsters Their Legal Strength with Appointment of Jami Statham as SVP & General Counsel In a strategic move to bolster their legal team, NN, Inc., a global diversified industrial company, has recently announced the appointment of Jami Statham as Senior Vice President (SVP) and General Counsel. With almost two decades of expertise in corporate legal and complianc...
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Contract
Published Tue, Jul 2 2024 9:45 PM UTC
In recent news, NN, Inc., a diversified industrial company specializing in high precision bearing and metal components, has successfully strengthened its balance sheet through the sale of a non-core plastics plant. This move is one of the key elements of the company's ongoing transformation plan.During the first quarter of this year, NN, Inc.'s corporate clients experienced...
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Nn Inc
NN, Inc. Faces Deficit in Recent Fiscal Period Due to Lower Revenue NN, Inc., a leading company in the Industrial Machinery and Components sector, has reported a deficit in its most recent fiscal period as a result of lower revenue. The company's revenue fell by 4.635% to $121.20 million, with a shortfall per share of $-0.34, compared to $-0.29 per share in the previous year's financial reporting period. However, it is worth noting that the remainder of the Industrial Machinery and Components sector experienced a revenue gain of 0.98% in the first quarter of 2024 compared to the same period last year. This indicates that NN, Inc.'s decrease in revenue is not reflective of the overall sector's performance.
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Management Announcement
Published Mon, Apr 8 2024 8:05 PM UTC
In an impressive display of resilience, NN, Inc. has announced yet another strong quarter of new business awards, totaling $17.2 million in Q1 2024. This demonstrates that the company's annual pace for new business awards, which has consistently exceeded $65 million, remains on an upward trajectory. Despite facing a challenging financial period, NN, Inc.'s shares on...
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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.
|
Per Share |
Current |
Earnings (TTM) |
-1.05 $ |
Revenues (TTM) |
9.85 $
|
Cash Flow (TTM) |
- |
Cash |
0.28 $
|
Book Value |
2.22 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-1.05 $
|
Revenues (TTM) |
9.85 $ |
Cash Flow (TTM) |
- |
Cash |
0.28 $
|
Book Value |
2.22 $ |
Dividend (TTM) |
0 $ |
|
|
|
Mobile Solutions |
|
59.24 % |
of total Revenue |
Power Solutions |
|
40.78 % |
of total Revenue |
Intersegment Eliminations |
|
-0.01 % |
of total Revenue |
InterEliminations |
|
-0.01 % |
of total Revenue |
|
On March 11 2024 the Nn Inc provided following guidance
NN, Inc. reported its fourth quarter and full year 2023 results and provided guidance for 2024. The company continues its business transformation, achieving record-setting new business wins in 2023 along with a significant improvement in free cash flow performance.
Looking ahead to 2024, NN, Inc. estimates a positive outlook for the company's financial performance. The company's strong momentum from 2023, with its new business wins and enhanced cash flow, is expected to carry through into the next year.
NN, Inc. is confident in its ability to continue driving growth and profitability in the coming year, building on the foundation established in 2023. The company remains committed to its strate...
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