NN, Inc. (NASDAQ:NNBR – Get Free Report) has earned an average rating of “Hold” from the five analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $5.6667.
Several research analysts recently weighed in on the company. B. Riley Financial cut NN from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. Wall Street Zen lowered NN from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Lake Street Capital reaffirmed a “buy” rating and set a $7.00 price objective on shares of NN in a research note on Friday, August 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NN in a report on Friday, July 17th. Finally, Craig Hallum assumed coverage on shares of NN in a research report on Monday, July 20th. They issued a “buy” rating and a $7.00 price objective for the company.
View Our Latest Stock Report on NNBR
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NN Stock Performance
Shares of NASDAQ NNBR opened at $3.66 on Wednesday. The company has a 50 day simple moving average of $3.56 and a two-hundred day simple moving average of $2.62. The stock has a market cap of $302.24 million, a price-to-earnings ratio of -3.81 and a beta of 2.61. The company has a current ratio of 1.79, a quick ratio of 1.08 and a debt-to-equity ratio of 7.70. NN has a 12 month low of $1.10 and a 12 month high of $4.48.
NN (NASDAQ:NNBR – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $0.11 earnings per share for the quarter. NN had a positive return on equity of 20.38% and a negative net margin of 6.21%.The business had revenue of $128.74 million during the quarter, compared to analyst estimates of $116.09 million. As a group, analysts predict that NN will post 0.13 earnings per share for the current year.
NN Company Profile
NN, Inc (NASDAQ: NNBR) is a diversified industrial manufacturing company specializing in engineered metal components, powder metal parts and friction materials. Through its subsidiaries, the company develops and produces precision-rolled products for powertrain and chassis applications, engineered friction products for brake and transmission systems, and various metal powders used in automotive, industrial and energy markets. Its offerings span a wide range of component sizes and complexity, from thin‐gauge strips for hybrid and electric vehicle applications to high‐volume sintered parts for commercial and consumer products.
The company’s operations are organized into three business segments.
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