NN, Inc. (NNBR)

NASDAQ: NNBR · IEX Real-Time Price · USD
3.000
0.00 (0.00%)
Jun 14, 2024, 4:00 PM EDT - Market closed
0.00%
Market Cap 150.01M
Revenue (ttm) 483.38M
Net Income (ttm) -52.51M
Shares Out 50.00M
EPS (ttm) -1.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 127,118
Open 2.970
Previous Close 3.000
Day's Range 2.960 - 3.020
52-Week Range 1.630 - 5.400
Beta 3.03
Analysts Strong Buy
Price Target 4.00 (+33.33%)
Earnings Date Aug 1, 2024

About 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... [Read more]

Industry Conglomerates
Sector Industrials
IPO Date May 15, 1994
Employees 3,087
Stock Exchange NASDAQ
Ticker Symbol NNBR
Full Company Profile

Financial Performance

In 2023, NN, Inc.'s revenue was $489.27 million, a decrease of -1.90% compared to the previous year's $498.74 million. Losses were -$50.15 million, 92.2% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for NNBR stock is "Strong Buy" and the 12-month stock price forecast is $4.0.

Price Target
$4.0
(33.33% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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

CHARLOTTE, N.C., June 05, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced ...

9 days ago - GlobeNewsWire

NN, Inc. Recognized as Top Quality Supplier

CHARLOTTE, N.C., May 29, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today annou...

16 days ago - GlobeNewsWire

NN, Inc. Reports First Quarter 2024 Results

Business transformation continues to drive improved profitability and new business wins Business transformation continues to drive improved profitability and new business wins

5 weeks ago - GlobeNewsWire

NN, Inc. to Hold First Quarter 2024 Earnings Conference Call on Tuesday, May 7, 2024

CHARLOTTE, N.C., April 24, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced...

7 weeks ago - GlobeNewsWire

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

30 Year Veteran Brings Decades of Manufacturing, Operations, and Business Transformation Expertise to NN, Inc. 30 Year Veteran Brings Decades of Manufacturing, Operations, and Business Transformation ...

2 months ago - GlobeNewsWire

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

CHARLOTTE, N.C., April 08, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today ann...

2 months ago - GlobeNewsWire

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

Business transformation continues; delivering record-setting new business wins in 2023 and  significantly improved free cash flow performance

3 months ago - GlobeNewsWire

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

CHARLOTTE, N.C., March 11, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced...

3 months ago - GlobeNewsWire

NN Announces First Steps in Balance Sheet Optimization Plan

Will reduce term loan balance, reduce cash interest, and strengthen balance sheet Will reduce term loan balance, reduce cash interest, and strengthen balance sheet

3 months ago - GlobeNewsWire

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

CHARLOTTE, N.C., Feb. 27, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced ...

3 months ago - GlobeNewsWire

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

CHARLOTTE, N.C., Jan. 16, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, announced today that Har...

5 months ago - GlobeNewsWire

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

NN's 2023 strategic transformation plan drives strong wins momentum, as well as $500 million in 2024 opportunity pipeline NN's 2023 strategic transformation plan drives strong wins momentum, as well a...

5 months ago - GlobeNewsWire

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

More than $43M in annual new business wins in strategic markets year to date, with more than $500M forward pipeline potential More than $43M in annual new business wins in strategic markets year to da...

6 months ago - GlobeNewsWire

NN, Inc. Executive Management to Participate in the Sidoti Virtual Micro-Cap Investor Conference

CHARLOTTE, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, announced today that Har...

7 months ago - GlobeNewsWire

NN, Inc. Reports Financial Results for Third Quarter 2023

Execution against the transformation plan drives margin expansion, adjusted EBITDA growth, and strong free cash flow

7 months ago - GlobeNewsWire

NN, Inc. to Hold Third Quarter 2023 Earnings Conference Call on Tuesday, November 7, 2023

CHARLOTTE, N.C., Oct. 23, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced that it ...

8 months ago - GlobeNewsWire

NN Creates Division Focused on Medical Device Market

CHARLOTTE, N.C., Oct. 18, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced its new ...

8 months ago - GlobeNewsWire

NN, Inc. Announces David Harrison as Chief Procurement Officer

C-Suite Veteran brings Critical Global Cost Management Transformation Experience to Leadership Team C-Suite Veteran brings Critical Global Cost Management Transformation Experience to Leadership Team

10 months ago - GlobeNewsWire

NN, Inc. Announces Tim French as Senior Vice President and Chief Operating Officer

C-Suite Veteran Brings Decades of Manufacturing, Operations, and Business Transformation Expertise C-Suite Veteran Brings Decades of Manufacturing, Operations, and Business Transformation Expertise

11 months ago - GlobeNewsWire

UPDATE - NN, Inc. Reports Financial Results for Second Quarter 2023

Business transformation fully underway as enhanced strategic initiatives building momentum Business transformation fully underway as enhanced strategic initiatives building momentum

11 months ago - GlobeNewsWire

NN, Inc. Reports Financial Results for Second Quarter 2023

Business transformation fully underway as enhanced strategic initiatives building momentum Business transformation fully underway as enhanced strategic initiatives building momentum

11 months ago - GlobeNewsWire

NN Names New Leaders in Mobile Solutions, Power Solutions and Asia Pacific

CHARLOTTE, N.C., Aug. 01, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced the prom...

11 months ago - GlobeNewsWire

NN, Inc. To Hold Second Quarter 2023 Earnings Conference Call on Friday, August 4, 2023

CHARLOTTE, N.C., July 20, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced that it ...

11 months ago - GlobeNewsWire

NN, Inc. Announces Plan to Reduce Board Size From Nine to Seven Members

Early retirement of two directors aligns with governance best practices and reduces go-forward corporate expenses Early retirement of two directors aligns with governance best practices and reduces go...

1 year ago - GlobeNewsWire

NN Promotes Verlin Bush to Chief Commercial Officer

Added Organizational Changes Advance Customer-Centric Operations and Sales Integration Added Organizational Changes Advance Customer-Centric Operations and Sales Integration

1 year ago - GlobeNewsWire