NACCO Industries ( (NC) ) has issued an update.
On April 22, 2025, The Coteau Properties Company, a subsidiary of NACCO Industries, announced the termination of its Pension Plan effective June 30, 2025. The plan, a qualified defined benefit pension plan, will distribute its assets to participants, including Carroll L. Dewing, the company’s Senior Vice President. Mr. Dewing’s benefits were frozen in 2004 but adjusted for cost-of-living until 2013. He will receive his vested benefits, valued at $469,300, in accordance with the plan’s terms.
Spark’s Take on NC Stock
According to Spark, TipRanks’ AI Analyst, NC is a Outperform.
NACCO Industries’ robust financial recovery and positive earnings call outlook drive its solid stock score. While technical indicators show strong upward momentum, the lack of some signals suggests caution. Valuation metrics indicate an attractive stock, though maintaining consistent financial performance is key.
To see Spark’s full report on NC stock, click here.
More about NACCO Industries
YTD Price Performance: 20.40%
Average Trading Volume: 12,649
Technical Sentiment Signal: Strong Sell
Current Market Cap: $265M
For a thorough assessment of NC stock, go to TipRanks’ Stock Analysis page.