Date | Price Target | Rating | Analyst |
---|---|---|---|
4/15/2024 | $6.00 | Outperform | Noble Capital Markets |
8/7/2023 | $2.00 → $4.00 | Hold → Buy | Lake Street |
3/18/2022 | Overweight → Sector Weight | KeyBanc Capital Markets | |
9/27/2021 | $9.00 → $8.00 | Overweight | Keybanc |
8/9/2021 | $12.00 → $9.00 | Overweight | Keybanc |
CHARLOTTE, N.C., July 08, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the appointment of Jami Statham as the Company's new Senior Vice President, General Counsel and Corporate Secretary, effective immediately. Statham will report directly to NN's Chief Executive Officer, Harold Bevis. "We're excited to have Jami on board and leverage her deep experience guiding clients and companies through pivotal moments," said Harold Bevis, President and CEO of NN, Inc. "I've already seen firsthand that Jami is focused, calm under pressure, and not afraid to dig into pr
CHARLOTTE, N.C., June 24, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the appointment of Chris Bohnert as Chief Financial Officer, effective June 25, 2024. Bohnert brings over 30 years of global manufacturing leadership experience as an accomplished CFO with significant experience in successful business transitions and deep accounting expertise. Bohnert will report directly to NN's Chief Executive Officer, Harold Bevis. Bohnert succeeds Mike Felcher, who is departing the company to pursue other opportunities. Felcher will stay on as a consultant to assist w
CHARLOTTE, N.C., April 10, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the appointment of Jeff Tritapoe as Vice President of Global Operations, effective April 10, 2024. In this newly created position, Jeff will be a key leader responsible for driving the company's operations team of approximately 3,000 employees in six countries and helping generate significant business transformation, margin enhancement and operational excellence. Mr. Tritapoe brings over 30 years of experience in manufacturing, operations and business transformation. He will report direc
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10-Q - NN INC (0000918541) (Filer)
8-K - NN INC (0000918541) (Filer)
As a result of this portfolio divestiture and debt reduction and deleveraging transaction, NN is revising its full-year 2024 outlook modestly as follows: Adjusted EBITDA will be in the range of $47 million to $51 million (prior $48 million to $54 million) Free cash flow will be in the range of $8 million to $12 million (prior $10 million to $15 million) New business wins will be in the range of $55 million to $70 million (prior $55 million to $70 million).
NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the appointment of Chris Bohnert as Chief Financial Officer, effective June 25, 2024. Bohnert brings over 30 years of global manufacturing leadership experience as an accomplished CFO with significant experience in successful business transitions and deep accounting expertise. Bohnert will report directly to NN's Chief Executive Officer, Harold Bevis. Bohnert succeeds Mike Felcher, who is departing the company to pursue other opportunities. Felcher will stay on as a consultant to assist with the transition.
Continued profitability improvement and stronger pace of new business wins driven by strategic transformation plan Company reaffirms full year 2024 outlook CHARLOTTE, N.C., Aug. 07, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the second quarter ended June 30, 2024. Highlights Strategic transformation program drove enhanced results, fourth consecutive quarter of improved year-over-year performance;Second quarter net sales of $123.0 million, down 1.8% versus prior year, driven primarily by unfavorable foreign exchange impacts and
CHARLOTTE, N.C., July 26, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it will release its second quarter 2024 financial results for the period ended June 30, 2024, after the close of the market on Wednesday, August 7, 2024. The company will hold a related conference call on Thursday, August 8, 2024, at 10 a.m. E.T. Participants on the call are asked to register five to 10 minutes prior to the scheduled start time by dialing 1-877-255-4315 and from outside the U.S. at 1-412-317-6579. The conference call will be webcast simultaneously and in its entiret
CHARLOTTE, N.C., July 08, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the appointment of Jami Statham as the Company's new Senior Vice President, General Counsel and Corporate Secretary, effective immediately. Statham will report directly to NN's Chief Executive Officer, Harold Bevis. "We're excited to have Jami on board and leverage her deep experience guiding clients and companies through pivotal moments," said Harold Bevis, President and CEO of NN, Inc. "I've already seen firsthand that Jami is focused, calm under pressure, and not afraid to dig into pr
4 - NN INC (0000918541) (Issuer)
4 - NN INC (0000918541) (Issuer)
4 - NN INC (0000918541) (Issuer)
Continued profitability improvement and stronger pace of new business wins driven by strategic transformation plan Company reaffirms full year 2024 outlook CHARLOTTE, N.C., Aug. 07, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the second quarter ended June 30, 2024. Highlights Strategic transformation program drove enhanced results, fourth consecutive quarter of improved year-over-year performance;Second quarter net sales of $123.0 million, down 1.8% versus prior year, driven primarily by unfavorable foreign exchange impacts and
CHARLOTTE, N.C., July 26, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it will release its second quarter 2024 financial results for the period ended June 30, 2024, after the close of the market on Wednesday, August 7, 2024. The company will hold a related conference call on Thursday, August 8, 2024, at 10 a.m. E.T. Participants on the call are asked to register five to 10 minutes prior to the scheduled start time by dialing 1-877-255-4315 and from outside the U.S. at 1-412-317-6579. The conference call will be webcast simultaneously and in its entiret
GRAND RAPIDS, Mich., July 03, 2024 (GLOBE NEWSWIRE) -- Blackford Capital ("Blackford"), a leading lower middle market private equity firm, announced today the acquisition of Industrial Molding Corporation ("IMC"), an injection molded plastic products manufacturer and subsidiary of NN, Inc. (NASDAQ:NNBR), as the first add-on acquisition for its portfolio company, Davalor Mold Company, LLC ("Davalor"). IMC is an independently run subsidiary of global precision metal manufacturer NN, Inc. Founded in 1947, IMC is a leading manufacturer of precision-engineered injection molded industrial components with international blue chip customers in a wide variety of end markets. The Lubbock, Texas-base
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Noble Capital Markets initiated coverage of NN Inc with a rating of Outperform and set a new price target of $6.00
Lake Street upgraded NN Inc from Hold to Buy and set a new price target of $4.00 from $2.00 previously
KeyBanc Capital Markets downgraded NN Inc from Overweight to Sector Weight