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NSYS

Nortech Systems Incorporated NASDAQ Capital Market
$6.18
Open: $6.73 High: $6.73 Low: $5.53 Close: $6.061
Range: 2021-04-19 - 2021-04-20
Volume: 29,991
Market: Extended-hours
Powered by Finage Stock APIDelayed data
NSYS
Nortech Systems Incorporated 7550 Meridian Circle N Maple Grove MN, 55369 http://www.nortechsys.com
Nortech Systems Inc offers a full range of value-added engineering, technical and manufacturing services and support including project management, design, testing, prototyping, manufacturing, supply chain management and post-market services.
  • CEO: Richard G. Wasielewski
  • Employees: 800
  • Sector: Technology
  • Industry: Computer Hardware
NSYS News
Latest news about the NSYS
  • Nortech Systems Announces 2020 Results

    Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, reported net sales of $104.1 million for the year ended December 31, 2020, a decline of 10.5% compared to $116.3 for fiscal 2019. The decline was primarily due to reduced demand from medical and industrial customers impacted by COVID-19. Gross margin for fiscal 2020 was 8.1% compared to 10.8% in 2019, a decline of 2.7 percentage points. Gross margin in the fourth quarter was down approximately 6 percentage points versus the same period last year due to unabsorbed fixed overhead in the Company’s global manufacturing network. Net loss for fiscal year 2020 was ($1.5) million and ($0.58) per diluted share compared to a net loss of ($1.2) million and ($0.46) per diluted share in fiscal year 2019. Adjusted EBITDA was $0.1 million in fiscal 2020 compared to $2.4 million in fiscal 2019. The EBITDA decline was primarily due to reduced revenue in the fourth quarter related to COVID-19.

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  • 5 Value Stocks To Watch In The Technology Sector

    The Meaning Behind Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the technology sector: Nortech Systems (NASDAQ:NSYS) - P/E: 9.18 Hamilton Beach Brands (NYSE:HBB) - P/E: 8.7 Synnex (NYSE:SNX) - P/E: 8.64 Inpixon (NASDAQ:INPX) - P/E: 0.09 Ebix (NASDAQ:EBIX) - P/E: 9.9 Nortech Systems has reported Q3 earnings per share at -0.35, which has decreased by 600.0% compared to Q2, which was -0.05. Nortech Systems does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. Hamilton Beach Brands saw a decrease in earnings per share from 0.59 in Q2 to -0.15 now. Its most recent dividend yield is at 1.95%, which has decreased by 0.11% from 2.06% in the previous quarter. Synnex has reported Q4 earnings per share at 5.21, which has increased by 56.46% compared to Q3, which was 3.33. Its most recent dividend yield is at 0.92%, which has decreased by 0.34% from 1.26% in the previous quarter. Inpixon saw an increase in earnings per share from -0.21 in Q2 to -0.13 now. Inpixon does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. Most recently, Ebix reported earnings per share at 0.93, whereas in Q2 earnings per share sat at 0.88. Its most recent dividend yield is at 0.59%, which has decreased by 0.39% from 0.98% in the previous quarter. These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector. See more from BenzingaClick here for options trades from Benzinga5 Value Stocks To Watch In The Consumer Cyclical SectorUnusual Options Activity Insight: Las Vegas Sands© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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  • Overview Of Value Stocks In The Technology Sector

    What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the technology sector: Hamilton Beach Brands (NYSE:HBB) - P/E: 9.01 Inpixon (NASDAQ:INPX) - P/E: 0.11 Nortech Systems (NASDAQ:NSYS) - P/E: 9.64 Synnex (NYSE:SNX) - P/E: 8.81 China Index Holdings (NASDAQ:CIH) - P/E: 5.1 Hamilton Beach Brands saw a decrease in earnings per share from 0.59 in Q2 to -0.15 now. The company's most recent dividend yield sits at 1.95%, which has decreased by 0.11% from 2.06% last quarter. Most recently, Inpixon reported earnings per share at -0.13, whereas in Q2 earnings per share sat at -0.21. Inpixon does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. Nortech Systems's earnings per share for Q3 sits at -0.35, whereas in Q2, they were at -0.05. Nortech Systems does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. Synnex saw an increase in earnings per share from 3.33 in Q3 to 5.21 now. Its most recent dividend yield is at 0.92%, which has decreased by 0.34% from 1.26% in the previous quarter. Most recently, China Index Holdings reported earnings per share at 0.12, whereas in Q2 earnings per share sat at 0.1. China Index Holdings does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector. See more from BenzingaClick here for options trades from BenzingaUnderstanding Boeing's Unusual Options ActivityAnalyzing Tilray's Unusual Options Activity© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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  • Has Nortech Systems Incorporated's (NASDAQ:NSYS) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

    Nortech Systems (NASDAQ:NSYS) has had a great run on the share market with its stock up by a significant 87% over the...

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  • Nortech Systems Announces Establishment of Two 10b5-1 Trading Plans

    Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today that Chairman David Kunin and Chief Financial Officer Christopher Jones have each adopted a prearranged trading plan under Rule 10b5-1 of the Securities exchange Act of 1934 to purchase shares of Nortech’s common stock on the open market. Rule 10b5-1 permits officers and directors of public companies to adopt predetermined plans for purchasing or selling specified amounts or value of stock.

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  • Nortech Systems Announces Two New Board Members

    Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today Phil Smith and Dan Sachs were recently appointed to the company’s board of directors.

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  • A Look Into Technology Sector Value Stocks

    Understanding Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labeled as a value stock.Below is a list of notable value stocks in the technology sector: 1. Nortech Systems (NASDAQ: NSYS) - P/E: 5.26 2. O2Micro Intl (NASDAQ: OIIM) - P/E: 0.4 3. Hamilton Beach Brands (NYSE: HBB) - P/E: 9.21 4. Bridgeline Digital (NASDAQ: BLIN) - P/E: 0.83 5. Eltek (NASDAQ: ELTK) - P/E: 9.58Most recently, Nortech Systems reported earnings per share at -0.35, whereas in Q2 earnings per share sat at -0.05. Nortech Systems does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.O2Micro Intl saw an increase in earnings per share from 0.03 in Q2 to 0.1 now. O2Micro Intl does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.Hamilton Beach Brands saw a decrease in earnings per share from 0.59 in Q2 to -0.15 now. Its most recent dividend yield is at 1.95%, which has decreased by 0.11% from 2.06% in the previous quarter.Bridgeline Digital's earnings per share for Q3 sits at -0.37, whereas in Q2, they were at 0.33. Bridgeline Digital does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.This quarter, Eltek experienced a decrease in earnings per share, which was 0.16 in Q2 and is now 0.14. Eltek does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.See more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Lows On Tuesday * Understanding Ocean Bio-Chem's Ex-Dividend Date(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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  • Nortech Systems Announces Third-Quarter 2020 Results

    Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, reported net sales of $26.3 million for the third quarter ended September 30, 2020, compared with $30.1 million for the third quarter of 2019.

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  • Nortech Systems Names Christopher D. Jones CFO & Senior Vice President of Finance

    Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, named Christopher D. Jones as Chief Financial Officer and Senior Vice President of Finance effective today.

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  • Nortech Systems Announces Completion of Sale-Leaseback

    Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced that it has completed the sale and leaseback transactions for its manufacturing facilities in Bemidji and Mankato, Minnesota at a sale price of $6.3 million. The proceeds from the sale will be used to pay down debt as well as related expenses and taxes.

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  • Nortech Systems Announces CFO Resignation & New CFO Search

    Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, has announced today that Connie Beck has tendered her resignation as Chief Financial Officer of the company effective August 28, 2020. Ms. Beck is leaving Nortech to pursue an executive position at a private, Minnesota based company. Nortech will immediately commence a search for its next CFO. In the interim, the company’s Corporate Controller, Alan Nordstrom, will serve also as the acting CFO.

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  • Nortech Systems Announces Second-Quarter 2020 Results, Sale-Leaseback and Plant Consolidation

    Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, reported net sales of $26.5 million for the second quarter ended June 30, 2020, compared with $27.3 million for the second quarter of 2019.

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  • Nortech Systems Reports First Quarter 2020 Results

    Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromechanical products serving the medical, industrial and aerospace and defense markets, reported net sales of $27.4 million for the three months ended March 31, 2020, a decrease of 3%, compared to $28.2 million for three months ended March 31, 2019.

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