Ronald Morris - NN Non-Executive Chairman of the Board

NNBR Stock  USD 3.82  0.03  0.78%   

Chairman

Mr. G. Ronald Morris is no longer NonExecutive Chairman of the Board of NN, Inc., with effect from May 2017 . Mr. Morris retired in 1999 from Western Industries, Inc., a contract manufacturer of metal and plastic products where he served as President, Chief Executive Officer and director since 1991. From 1989 to 1991, Mr. Morris served as Chairman of the board of directors of Integrated Technologies, Inc., a manufacturer of computer software, and from 1988 to 1989, he served as Vice Chairman of Rexnord Corporationrationration, a manufacturer of mechanical power transmission components and related products, including antifriction bearings. From 1982 to 1988, Mr. Morris served as President and Chief Executive Officer of PT Components, Inc., a manufacturer of mechanical power transmission components and related products that was acquired by Rexnord Corporation in 1988. Mr. Morris has extensive executive leadership and board experience with technology, precision metal, plastic and bearing manufacturers since 2013.
Age 78
Tenure 11 years
Address 6210 Ardrey Kell Road, Charlotte, NC, United States, 28277
Phone980 264 4300
Webhttps://www.nninc.com
Morris brings to the Board substantial knowledge and expertise in product development and global manufacturing. He also brings invaluable insight and perspective to the Company’s strategic development.

NN Management Efficiency

The company has return on total asset (ROA) of (0.0258) % which means that it has lost $0.0258 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2119) %, meaning that it created substantial loss on money invested by shareholders. NN's management efficiency ratios could be used to measure how well NN manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/23/2024, Return On Tangible Assets is likely to grow to -0.11. In addition to that, Return On Capital Employed is likely to grow to -0.05. At this time, NN's Non Current Assets Total are relatively stable compared to the past year. As of 04/23/2024, Non Currrent Assets Other is likely to grow to about 7.4 M, while Other Current Assets are likely to drop slightly above 8.9 M.
The company currently holds 212.83 M in liabilities with Debt to Equity (D/E) ratio of 0.78, which is about average as compared to similar companies. NN Inc has a current ratio of 2.4, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist NN until it has trouble settling it off, either with new capital or with free cash flow. So, NN's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NN Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NN to invest in growth at high rates of return. When we think about NN's use of debt, we should always consider it together with cash and equity.

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NN, Inc., a diversified industrial company, designs, manufactures, and sells high-precision components and assemblies. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina. NN operates under Conglomerates classification in the United States and is traded on NASDAQ Exchange. It employs 3172 people. NN Inc (NNBR) is traded on NASDAQ Exchange in USA. It is located in 6210 Ardrey Kell Road, Charlotte, NC, United States, 28277 and employs 2,926 people. NN is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

NN Inc Leadership Team

Elected by the shareholders, the NN's board of directors comprises two types of representatives: NN inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NN. The board's role is to monitor NN's management team and ensure that shareholders' interests are well served. NN's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NN's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gunars Vinkels, Interim Solutions
Steven Warshaw, Independent Director
Paul Taylor, VP Relations
Michael Felcher, Chief Accounting Officer, Vice President
Chris Qualters, Executive Vice President - Power Solutions Group
Robert Brunner, Independent Director
Warren Veltman, Senior Vice President – General Manager Autocam Precision Components Group
Matthew Heiter, Senior Vice President General Counsel
Elvin Tyler, Chief Compliance Officer, Vice President - Internal Audit
John Buchan, Ex Solutions
Harold Bevis, President CEO
Jeri Harman, Independent Director
Scott Finkhouse, VP Officer
James Dorton, CFO and Sr. VP of Corporate Devel.
David Floyd, Director
Tim French, COO VP
Carey Smith, Independent Director
Jeff Manzagol, Vice President and General Manager - Metal Bearing Components Group
John Manzi, Senior Vice President and General Manager, Precision Engineered Products Group
David Harrison, Chief Officer
Douglas Campos, Interim Solutions
David Pugh, Director
Matthew JD, Gen VP
Richard Holder, CEO and President and Director
Thomas Burwell, Chief Accounting Officer, VP and Corporate Controller
Ronald Morris, Non-Executive Chairman of the Board
Andrew Wall, VP Officer
Timothy French, Chief Officer
Janice Stipp, Independent Director
Michael Werner, Independent Director
William Kelly, Chief Admin. Officer, Chief Compliance Officer, VP and Secretary
Verlin Bush, VP Officer
William Dries, Director
Gail Nixon, Chief Human Resource Officer, Senior Vice President
Robert Atkinson, Vice President Corporate Treasurer and Manager - Investor Relations
Christopher Qualters, Executive Vice President - Power Solutions Group
James Widders, Sr. VP of Integration and Corporate Transformation

NN Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NN a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NN in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NN's short interest history, or implied volatility extrapolated from NN options trading.

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When determining whether NN Inc is a strong investment it is important to analyze NN's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NN's future performance. For an informed investment choice regarding NN Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NN Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the NN Inc information on this page should be used as a complementary analysis to other NN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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When running NN's price analysis, check to measure NN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NN is operating at the current time. Most of NN's value examination focuses on studying past and present price action to predict the probability of NN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN's price. Additionally, you may evaluate how the addition of NN to your portfolios can decrease your overall portfolio volatility.
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Is NN's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NN. If investors know NN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.35)
Revenue Per Share
10.468
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.03)
Return On Equity
(0.21)
The market value of NN Inc is measured differently than its book value, which is the value of NN that is recorded on the company's balance sheet. Investors also form their own opinion of NN's value that differs from its market value or its book value, called intrinsic value, which is NN's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NN's market value can be influenced by many factors that don't directly affect NN's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NN's value and its price as these two are different measures arrived at by different means. Investors typically determine if NN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NN's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.