Professional
Added to YB: 2024-05-06
Pitch date: 2024-05-02
NNBR [bullish]
NN, Inc.
-62.54%
current return
Author Info
No bio for this author
Company Info
NN, Inc., together with its subsidiaries, designs, manufactures, and sells high-precision components and assemblies for various end markets in the United States, China, Brazil, Mexico, Germany, Poland, and internationally.
Market Cap
$72.8M
Pitch Price
$3.39
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.62
P/E
-1.18
EV/Sales
0.89
Sector
Machinery
Category
turnaround
Greystone Capital Management New Portfolio Holding: NN, Inc.
NNBR: Mismanaged precision parts maker turning around under new CEO. Despite losing its way, strong competitive position with sole source parts for auto, industrial, medical markets. Activists now largest holders, mgmt making remarkable progress on margins, cash flow, new biz. Sees $47-55M EBITDA in FY24 with upside & operating leverage.
Read full article (4 min)