NN (NNBR) Scheduled to Post Quarterly Earnings on Monday

NN (NASDAQ:NNBR) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

NN (NASDAQ:NNBR) last issued its earnings results on Monday, March 11th. The industrial products company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.05). NN had a negative net margin of 10.25% and a negative return on equity of 9.19%. The business had revenue of $112.53 million for the quarter, compared to the consensus estimate of $116.00 million. On average, analysts expect NN to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NN Price Performance

NN stock opened at $3.53 on Friday. The business has a fifty day moving average price of $4.36 and a 200-day moving average price of $3.71. NN has a one year low of $0.97 and a one year high of $5.40. The firm has a market capitalization of $174.88 million, a P/E ratio of -2.61 and a beta of 3.04. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.24 and a quick ratio of 1.36.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on NNBR. TheStreet raised shares of NN from a “d” rating to a “c-” rating in a report on Wednesday, February 14th. StockNews.com raised shares of NN from a “sell” rating to a “hold” rating in a report on Wednesday, March 20th. Finally, Noble Financial initiated coverage on shares of NN in a report on Monday, April 15th. They issued an “outperform” rating and a $6.00 price target on the stock.

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.