Company NN, Inc.

Equities

NNBR

US6293371067

Industrial Machinery & Equipment

Market Closed - Nasdaq 01:30:00 02/05/2024 am IST 5-day change 1st Jan Change
3.535 USD -0.70% Intraday chart for NN, Inc. -7.70% -11.62%

Business Summary

NN, Inc. is a diversified industrial company. The Company combines advanced engineering and production capabilities with materials science expertise to design and manufacture high-precision components and assemblies. The Company operates through two segments: Mobile Solutions and Power Solutions. Mobile Solutions segment manufactures components for use in power steering, braking, transmissions, and gasoline fuel system applications, along with components utilized in heating, ventilation and air conditioning and diesel injection and diesel emissions treatment applications. The segment’s technical capabilities can be utilized in various applications, including for use in battery electric, hybrid electric, and internal combustion engine vehicles. Power Solutions segment manufactures a range of products, including electrical contacts, connectors, contact assemblies, and precision stampings for the electrical end market and high precision products for the aerospace and defense end market.

Number of employees: 2,926

Sales per Business

USD in Million2022Weight2023Weight Delta
Mobile Solutions
62.0 %
294 58.9 % 303 62.0 % +3.34%
Power Solutions
38.0 %
205 41.1 % 186 38.0 % -9.38%
Intersegment Sales Eliminations
0.0 %
0 0.0 % 0 0.0 % +550.00%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
60.1 %
302 60.5 % 294 60.1 % -2.58%
China
11.9 %
52 10.3 % 58 11.9 % +12.88%
Brazil
10.0 %
48 9.7 % 49 10.0 % +1.00%
Other
9.6 %
46 9.2 % 47 9.6 % +1.83%
Mexico
5.5 %
41 8.1 % 27 5.5 % -34.35%
Germany
1.8 %
6 1.1 % 9 1.8 % +58.01%
Poland
1.3 %
5 1.0 % 6 1.3 % +22.19%

Managers

Managers TitleAgeSince
Chief Executive Officer 64 22/23/22
Director of Finance/CFO 51 25/18/25
Chief Operating Officer 61 10/23/10
Chief Tech/Sci/R&D Officer - 01/21/01
Corporate Officer/Principal - 22/23/22
Corporate Officer/Principal - 01/23/01
Human Resources Officer 53 01/07/01
Corporate Officer/Principal 67 15/10/15

Members of the board

Members of the board TitleAgeSince
Chairman 66 26/19/26
Director/Board Member 68 31/20/31
Chief Executive Officer 64 22/23/22
Director/Board Member 62 31/19/31
Director/Board Member 71 14/21/14
Director/Board Member 58 31/19/31
Director/Board Member 59 13/21/13

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 49,539,158 44,725,114 ( 90.28 %) 0 90.28 %

Shareholders

NameEquities%Valuation
Corre Partners Management LLC
13.49 %
6,633,261 13.49 % 31 M $
Legion Partners Asset Management LLC
8.709 %
4,281,929 8.709 % 20 M $
Vanguard Global Advisers LLC
4.608 %
2,265,630 4.608 % 11 M $
2,104,832 4.281 % 10 M $
First Manhattan Co LLC
3.458 %
1,700,000 3.458 % 8 M $
1,500,000 3.051 % 7 M $
Nantahala Capital Management LLC
2.862 %
1,407,222 2.862 % 7 M $
Register Financial Advisors LLC
2.110 %
1,037,463 2.110 % 5 M $
Mizuho Markets Americas LLC
1.831 %
900,000 1.831 % 4 M $
RBF Capital LLC
1.641 %
806,993 1.641 % 4 M $

Company contact information

NN, Inc.

6210 Ardrey Kell Road Suite 600

28277-4864, Charlotte

+980 264 4300

http://www.nninc.com
address NN, Inc.(NNBR)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
3.535 USD
Average target price
6.667 USD
Spread / Average Target
+88.59%
Consensus