Nacco Industries Stock Today

NC Stock  USD 30.20  0.30  1.00%   

Performance

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Odds Of Distress

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NACCO Industries is trading at 30.20 as of the 29th of March 2024, a 1.00 percent increase since the beginning of the trading day. The stock's open price was 29.9. NACCO Industries has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for NACCO Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
17th of June 1977
NACCO Industries, Inc., together with its subsidiaries, engages in the natural resources business. The company was founded in 1913 and is headquartered in Cleveland, Ohio. Nacco Industries operates under Thermal Coal classification in the United States and is traded on New York Stock Exchange. The company has 5.93 M outstanding shares of which 19 K shares are now sold short in the market by investors with about 1.14 days to cover all shorted shares. More on NACCO Industries

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NACCO Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NACCO Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NACCO Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJohn Butler
Thematic IdeaConsumer Goods (View all Themes)
Business ConcentrationOil, Gas & Consumable Fuels, Thermal Coal, Energy, NYSE Composite, Stock Exchange Of, Consumer Goods, Energy, Oil, Gas & Consumable Fuels, Thermal Coal, Energy (View all Sectors)
Average Analyst Recommendation
Analysts covering NACCO Industries report their recommendations after researching NACCO Industries' financial statements, talking to executives and customers, or listening in on NACCO Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering NACCO Industries. The NACCO consensus assessment is calculated by taking the average forecast from all of the analysts covering NACCO Industries.
Financial Strength
Based on the key indicators related to NACCO Industries' liquidity, profitability, solvency, and operating efficiency, NACCO Industries may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of NACCO Industries is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.340.3604
Notably Down
Slightly volatile
Gross Profit Margin0.05130.054
Notably Down
Slightly volatile
Total Current Liabilities66.5 M70 M
Notably Down
Slightly volatile
Non Current Liabilities Total136.5 M143.6 M
Notably Down
Slightly volatile
Total Assets1.1 B596 M
Way Up
Slightly volatile
Total Current Assets220.4 M232 M
Notably Down
Slightly volatile
NACCO Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to NACCO Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NACCO Industries' financial leverage. It provides some insight into what part of NACCO Industries' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on NACCO Industries' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how NACCO Industries deploys its capital and how much of that capital is borrowed.
Liquidity
NACCO Industries cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 46.22 M of total liabilities with total debt to equity ratio (D/E) of 0.07, which may suggest the company is not taking enough advantage from financial leverage. NACCO Industries has a current ratio of 4.91, indicating that it is in good position to pay out its debt commitments in time. Debt can assist NACCO Industries until it has trouble settling it off, either with new capital or with free cash flow. So, NACCO Industries' 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 NACCO Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NACCO to invest in growth at high rates of return. When we think about NACCO Industries' use of debt, we should always consider it together with cash and equity.

Free Cash Flow

(26.25 Million)
NACCO Industries (NC) is traded on New York Stock Exchange in USA. It is located in 5875 Landerbrook Drive, Cleveland, OH, United States, 44124-4069 and employs 600 people. NACCO Industries is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a market capitalization of 226.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NACCO Industries's market, we take the total number of its shares issued and multiply it by NACCO Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NACCO Industries is active under Oil, Gas & Consumable Fuels sector as part of Energy industry. The entity has 5.93 M outstanding shares of which 19 K shares are now sold short in the market by investors with about 1.14 days to cover all shorted shares. NACCO Industries reports about 110.75 M in cash with 54.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.24.
Check NACCO Industries Probability Of Bankruptcy
Ownership Allocation
The market capitalization of NACCO Industries is $226.37 Million. NACCO Industries shows considerable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note, that even with negative profits, if the true value of the entity is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check NACCO Ownership Details

NACCO Stock Price Odds Analysis

What are NACCO Industries' target price odds to finish over the current price? Based on a normal probability distribution, the odds of NACCO Industries jumping above the current price in 90 days from now is about 89.89%. The NACCO Industries probability density function shows the probability of NACCO Industries stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon NACCO Industries has a beta of 0.7061. This indicates as returns on the market go up, NACCO Industries average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NACCO Industries will be expected to be much smaller as well. Additionally, nACCO Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 30.2HorizonTargetOdds Above 30.2
10.04%90 days
 30.20 
89.89%
Based on a normal probability distribution, the odds of NACCO Industries to move above the current price in 90 days from now is about 89.89 (This NACCO Industries probability density function shows the probability of NACCO Stock to fall within a particular range of prices over 90 days) .

NACCO Stock Institutional Holders

Institutional Holdings refers to the ownership stake in NACCO Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NACCO Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NACCO Industries' value.
InstituionRecorded OnShares
Northern Trust Corp2023-12-31
50.9 K
Acadian Asset Management Llc2023-12-31
44.1 K
Ubs Group Ag2023-12-31
43.2 K
American Century Companies Inc2023-12-31
40.3 K
Lsv Asset Management2023-12-31
39.9 K
Empowered Funds, Llc2023-12-31
28.4 K
Connor Clark & Lunn Inv Mgmt Ltd2023-12-31
20.9 K
Rbf Llc2023-12-31
18.1 K
Millennium Management Llc2023-12-31
16.6 K
Fmr Inc2023-12-31
441.6 K
Dimensional Fund Advisors, Inc.2023-12-31
436.5 K
View NACCO Industries Diagnostics

NACCO Industries Historical Income Statement

NACCO Industries Income Statement is one of the three primary financial statements used for reporting NACCO's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of NACCO Industries revenue and expense. NACCO Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, NACCO Industries' Net Income From Continuing Ops is projected to decrease significantly based on the last few years of reporting. The current year's Non Operating Income Net Other is expected to grow to about 18.7 M, whereas Interest Expense is forecasted to decline to about 2.3 M. View More Fundamentals

NACCO Stock Against Markets

Picking the right benchmark for NACCO Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NACCO Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NACCO Industries is critical whether you are bullish or bearish towards NACCO Industries at a given time. Please also check how NACCO Industries' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in NACCO Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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NACCO Industries Corporate Directors

NACCO Industries corporate directors refer to members of a NACCO Industries board of directors. The board of directors generally takes responsibility for the NACCO Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of NACCO Industries' board members must vote for the resolution. The NACCO Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Matthew RankinIndependent DirectorProfile
Mary MaloneyAssociate General Counsel, Assistant Secretary and Senior Director - Benefits & Human ResourcesProfile
John DalrympleIndependent DirectorProfile
Britton TaplinIndependent DirectorProfile

How to buy NACCO Stock?

Before investing in NACCO Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NACCO Industries. To buy NACCO Industries stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of NACCO Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase NACCO Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located NACCO Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased NACCO Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as NACCO Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy NACCO Stock please use our How to Invest in NACCO Industries guide.

Already Invested in NACCO Industries?

The danger of trading NACCO Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NACCO Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NACCO Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NACCO Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether NACCO Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NACCO Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nacco Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nacco Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NACCO Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.
Note that the NACCO Industries information on this page should be used as a complementary analysis to other NACCO Industries' 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running NACCO Industries' price analysis, check to measure NACCO Industries' 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 NACCO Industries is operating at the current time. Most of NACCO Industries' value examination focuses on studying past and present price action to predict the probability of NACCO Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NACCO Industries' price. Additionally, you may evaluate how the addition of NACCO Industries to your portfolios can decrease your overall portfolio volatility.
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Is NACCO Industries' 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 NACCO Industries. If investors know NACCO 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 NACCO Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Dividend Share
0.86
Earnings Share
(5.29)
Revenue Per Share
28.723
Quarterly Revenue Growth
(0.11)
The market value of NACCO Industries is measured differently than its book value, which is the value of NACCO that is recorded on the company's balance sheet. Investors also form their own opinion of NACCO Industries' value that differs from its market value or its book value, called intrinsic value, which is NACCO Industries' 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 NACCO Industries' market value can be influenced by many factors that don't directly affect NACCO Industries' 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 NACCO Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NACCO Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NACCO Industries' 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.