Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
464.29M | 489.27M | 498.74M | 477.58M | 427.53M | Gross Profit |
69.48M | 70.09M | 77.63M | 87.59M | 83.94M | EBIT |
-27.55M | -21.80M | -16.03M | -5.02M | -24.30M | EBITDA |
21.96M | 15.40M | 31.63M | 36.34M | -96.42M | Net Income Common Stockholders |
-43.02M | -50.15M | -32.69M | -20.69M | -143.12M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
18.13M | 21.90M | 12.81M | 28.66M | 48.14M | Total Assets |
456.89M | 510.88M | 546.13M | 579.10M | 624.96M | Total Debt |
53.37M | 212.83M | 209.41M | 211.13M | 143.76M | Net Debt |
35.24M | 190.93M | 196.61M | 182.47M | 95.62M | Total Liabilities |
382.37M | 308.08M | 295.16M | 354.92M | 370.81M | Stockholders Equity |
74.52M | 202.80M | 250.97M | 224.19M | 254.15M |
Cash Flow | Free Cash Flow | |||
11.07M | 8.85M | -10.23M | -2.63M | -8.22M | Operating Cash Flow |
11.07M | 29.34M | 7.72M | 15.59M | 15.55M | Investing Cash Flow |
-1.01M | -17.60M | -17.49M | -36.10M | 719.28M | Financing Cash Flow |
-13.24M | -2.88M | -5.19M | 2.56M | -714.85M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
63 Neutral | $4.14B | 11.23 | 5.47% | 215.40% | 4.10% | -8.63% | |
61 Neutral | $124.60M | 9.98 | 44.97% | ― | 5.75% | -15.87% | |
55 Neutral | $593.65M | 2.78 | 25.02% | ― | 6.37% | 86.42% | |
49 Neutral | $603.27M | ― | -13.19% | 5.03% | -7.12% | -284.19% | |
48 Neutral | $130.43M | ― | -58.16% | ― | -39.28% | -6578.79% | |
47 Neutral | $434.95M | ― | -32.63% | 3.17% | 3.44% | -52.51% | |
39 Underperform | $96.75M | ― | -20.64% | ― | -5.11% | 17.87% |
On April 16, 2025, NN, Inc. successfully completed a debt refinancing initiative, which involved a new Term Loan Facility governed by a Term Loan Credit Agreement. This refinancing, in partnership with Marathon Asset Management, involves a $118 million facility with a five-year maturity to 2030, offering improved leverage and liquidity covenants. The initiative also included the termination of an existing $150 million term loan facility. This strategic move is expected to enhance NN’s operational capabilities, allowing the company to aggressively pursue its transformation goals, including organic growth, cost reduction, and strategic mergers and acquisitions. The refinancing is seen as a significant milestone that positions NN to advance its value proposition and transformation plans.
Spark’s Take on NNBR Stock
According to Spark, TipRanks’ AI Analyst, NNBR is a Neutral.
NN Inc. is navigating through significant financial challenges, characterized by declining revenues and persistent losses. While strategic initiatives and new business wins are promising, operational and market volatility risks remain high. Technical indicators suggest bearish sentiment, compounded by a negative P/E ratio and lack of dividend yield, which weighs on its overall attractiveness.
To see Spark’s full report on NNBR stock, click here.
NN, Inc. presented at the Sidoti Small-Cap Virtual Conference on March 20, 2025, highlighting its strategic initiatives and operational advancements. The company reported significant progress in its enterprise transformation, achieving $150 million in new business wins from 2023 to Q1 2025, and targeting further growth with a focus on medical and electrical markets. NN’s global manufacturing platform and strategic positioning are expected to enhance its competitiveness and drive future growth.
On March 5, 2025, NN, Inc. reported its financial results for the fourth quarter and full year of 2024, highlighting a decrease in net sales by 5.1% compared to 2023, primarily due to the sale of its Lubbock operations and unfavorable foreign exchange effects. Despite these challenges, the company achieved $73 million in new business wins in 2024, surpassing its previous record, and is on track with its 5-year sales growth and diversification goals. The company is accelerating its transformation plans in 2025, focusing on launching new products, improving underperforming plants, and expanding its US electrical grid power business. The company also reported significant improvements in adjusted EBITDA and free cash flow, indicating progress in its transformation efforts.