|
Price: $3.6850
$0.13
3.511%
|
| Day's High:
| $3.7300000190734863
| Week Perf:
| 0.68 %
|
| Day's Low: |
$ 3.52 |
30 Day Perf: |
0.68 % |
| Volume (M): |
325,229 |
52 Wk High: |
$ 4.48 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$2.21 |
| Open: |
$3.59 |
52 Wk Low: |
$1.10 |
|
|
| Market Capitalization (Millions $) |
185 |
| Shares
Outstanding (Millions) |
50 |
| Employees |
2,550 |
| Revenues (TTM) (Millions $) |
456 |
| Net Income (TTM) (Millions $) |
-9 |
| Cash Flow (TTM) (Millions $) |
-1 |
| Capital Exp. (TTM) (Millions $) |
14 |
Business Description
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 grew by |
NNBR's Customers Net Profit Margin grew to |
33.14 % |
6.27 %
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| Stock Performances by Major Competitors |
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| Partnership
Published Fri, Sep 19 2025 1:43 AM UTC
NN, Inc., a prominent player in the international manufacturing and technology sector, has continued to assert its strategic vision through the steadfast extension of its joint venture partnership in China. This forward-looking enterprise, underscored by a banner that proudly announces the continuation of this collaborative venture, positions NN, Inc. to further entrench its...
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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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| 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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| 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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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
0.79 $ |
| Revenues (TTM) |
9.07 $
|
| Cash Flow (TTM) |
- |
| Cash |
0.33 $
|
| Book Value |
0.42 $
|
| Dividend (TTM) |
0 $ |
| Efficiency
|
Current |
| Revenue per Employee
(TTM) |
178,742 |
| Net
Income per Employee (TTM) |
-3,686 |
| Receivable Turnover Ratio (TTM) |
6.83 |
| Inventory Turnover Ratio (TTM) |
5.8 |
| Asset Turnover Ratio (TTM) |
1 |
|
|
| Per Share |
|
| Earnings (TTM) |
0.79 $
|
| Revenues (TTM) |
9.07 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.33 $
|
| Book Value |
0.42 $ |
| Dividend (TTM) |
0 $ |
|
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| |
| Mobile Solutions |
|
100.75 % |
of total Revenue |
| Power Solutions |
|
91.42 % |
of total Revenue |
| InterEliminations Other End Market Member |
|
-0.16 % |
of total Revenue |
| Global Automotive |
|
79.41 % |
of total Revenue |
| Data Center & Electric Grid |
|
43.93 % |
of total Revenue |
| Industrial |
|
25.17 % |
of total Revenue |
| Commercial Vehicle |
|
22.32 % |
of total Revenue |
| Defense & Electronics |
|
15.45 % |
of total Revenue |
| Power Solutions Automotive |
|
5.88 % |
of total Revenue |
| |
On October 30 2024 the Nn Inc provided following guidance
NN, Inc. released its financial results for the third quarter of 2024, and alongside these figures, the company has shared insight into its projections for the upcoming year. The management anticipates a year-over-year increase in sales for 2025, a positive indication of the company's growth trajectory.
The firm is currently accelerating its transformation initiatives, which include strategic changes to its operational footprint and significant reductions in operating expenses. This proactive approach is complemented by a strong pipeline of new business acquisitions, positioning NN, Inc. favorably for future success. The leadership is optimistic that these efforts will contribute meaningfully to ach...
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