NN (NASDAQ:NNBR – Get Free Report) is one of 436 public companies in the “Machinery” industry, but how does it compare to its peers? We will compare NN to related businesses based on the strength of its risk, institutional ownership, profitability, analyst recommendations, dividends, earnings and valuation.
Analyst Ratings
This is a breakdown of recent ratings for NN and its peers, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| NN | 1 | 1 | 2 | 1 | 2.60 |
| NN Competitors | 4206 | 14712 | 18224 | 808 | 2.41 |
NN presently has a consensus target price of $5.67, suggesting a potential upside of 97.10%. As a group, “Machinery” companies have a potential upside of 33.53%. Given NN’s stronger consensus rating and higher possible upside, equities analysts clearly believe NN is more favorable than its peers.
Risk & Volatility
NN has a beta of 2.74, meaning that its share price is 174% more volatile than the S&P 500. Comparatively, NN’s peers have a beta of 5.12, meaning that their average share price is 412% more volatile than the S&P 500.
Dividends
NN pays an annual dividend of $0.28 per share and has a dividend yield of 9.7%. NN pays out -32.6% of its earnings in the form of a dividend. As a group, “Machinery” companies pay a dividend yield of 2.8% and pay out 24.6% of their earnings in the form of a dividend. NN is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.
Insider & Institutional Ownership
53.9% of NN shares are owned by institutional investors. Comparatively, 51.8% of shares of all “Machinery” companies are owned by institutional investors. 5.6% of NN shares are owned by company insiders. Comparatively, 14.1% of shares of all “Machinery” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Profitability
This table compares NN and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| NN | -5.43% | 25.25% | 2.60% |
| NN Competitors | -1,039.03% | -14.89% | 0.54% |
Earnings and Valuation
This table compares NN and its peers gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| NN | $483.01 million | -$34.00 million | -3.34 |
| NN Competitors | $4.78 billion | $362.65 million | 5.57 |
NN’s peers have higher revenue and earnings than NN. NN is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
NN beats its peers on 9 of the 15 factors compared.
About NN
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, ventilation, and air conditioning. The Power Solutions segment designs, manufactures, and sells a range of high-precision metal and plastic components, assemblies, and finished devices used in various applications, such as power control and transportation electrification. Its products include electrical contacts, connectors, contact assemblies, and precision stampings for the electrical, general industrial, automotive, aerospace and defense, and medical end markets. This segment also produces various tools and instruments for the orthopaedics and medical/surgical end markets. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina.
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