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Profile - Newcor, Inc. (AMEX:NER)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Financials
Location
43252. Woodward Avenue, Suite 240
Bloomfield Hills, MI 48302
Phone: (248) 253-2400
Fax: (248) 253-2413
Email: webmaster@newcor.com
Employees (last reported count): 1,600
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Consumer Cyclical
 ·Industry: Auto & Truck Parts
Company Website
 ·Home Page

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Ownership
·Insider and 5%+ Owners: 47%
·Over the last 6 months:
 · one insider buy; 704.0K shares (30.0% of insider shares)
 · 7 insider sells; 704.0K shares
  (30.0% of insider shares)
·Institutional: 11% (21% of float)
(14 institutions)
·Net Inst. Buying: 1,000  shares
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Newcor, Inc. is organized into three operating segments: Precision Machined Products, Rubber and Plastic and Special Machines. The Precision Machined Products segment produces transmission, powertrain and engine components and assemblies primarily for the automotive, medium and heavy-duty truck, and agricultural vehicle industries. The Rubber and Plastic segment produces cosmetic and functional seals and boots and functional engine compartment products primarily for the automotive industry. The Special Machines segment designs and manufactures welding, assembly, forming, heat treating and testing machinery and equipment for the automotive, appliance and other industries.
More from Market Guide: Expanded Business Description

Financial Summary
Newcor designs and manufacturers precision machined components and assemblies, and custom rubber and plastic products for the automotive and agricultural vehicle markets. NER is also a supplier of standard and specialty machines and equipment systems. For the three months ended 3/31/01, sales fell 34% to $45.8 million. Net loss totaled $3.9 million, up from $117 thousand. Revenues reflect a decline in sales in the heavy-duty truck market. Net loss reflects a decrease in gross margins.

Recent Earnings Announcement
For the 3 months ended 06/30/2001, revenues were 50,347; after tax earnings were -2,565. (Preliminary; reported in thousands of dollars.)

More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

David Segal, 61
Chairman
--  
James Connor, 49
Pres, CEO, Director
$184K
Thomas Parker, 54
VP of HR and Sec.
115K
Milton Roye, 44
Exec. Director of Sales and Bus. Devel.
114K
Dollar amounts are as of 31-Oct-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- AMEX:NERAs of 31-Aug-2001
Price and Volume
52-Week Low
on 22-Dec-2000
$0.375
Recent Price$1.25 
52-Week High
on 1-Sep-2000
$2.313
Beta1.01 
Daily Volume (3-month avg)3,864 
Daily Volume (10-day avg)2,000 
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-44.4%
52-Week Change
relative to S&P500
-25.5%
Share-Related Items
Market Capitalization$6.19M
Shares Outstanding4.95M
Float2.60M
Dividends & Splits
Annual Dividendnone 
Last Split: 21 for 20 on 12-Aug-1997
Per-Share Data
Book Value (mrq*)$0.58 
Earnings (ttm)-$2.66 
Earnings (mrq)-$0.52 
Sales (ttm)$39.92 
Cash (mrq*)$0.07 
Valuation Ratios
Price/Book (mrq*)2.15 
Price/EarningsN/A 
Price/Sales (ttm)0.03 
Income Statements
Sales (ttm)$197.4M
EBITDA (ttm*)$6.08M
Income available to common (ttm)-$13.2M
Profitability
Profit Margin (ttm)-6.7%
Operating Margin (ttm)0.9%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter
(fully updated)
31-Mar-2001
Most recent quarter
(flash earnings)
30-June-2001
Management Effectiveness
Return on Assets (ttm)-6.83%
Return on Equity (ttm)-148.66%
Financial Strength
Current Ratio (mrq*)1.58 
Debt/Equity (mrq*)50.41 
Total Cash (mrq)$0 
Short Interest
As of 9-Mar-2001
Shares Short0 
Shares Short
(Prior Month)
0 
Daily Volume3,000 
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001, except mrq*/ttm* items as of 31-Mar-2001)

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