Equities Analysts Issue Forecasts for NN Q3 Earnings

NN, Inc. (NASDAQ:NNBR - Free Report) - Equities researchers at Sidoti Csr lowered their Q3 2026 earnings per share estimates for shares of NN in a research report issued on Friday, April 4th. Sidoti Csr analyst J. Franzreb now expects that the industrial products company will post earnings per share of $0.04 for the quarter, down from their previous estimate of $0.05. The consensus estimate for NN's current full-year earnings is ($0.20) per share. Sidoti Csr also issued estimates for NN's FY2026 earnings at $0.12 EPS.

NN Stock Performance

NNBR traded down $0.03 during trading hours on Monday, hitting $1.89. 116,662 shares of the stock were exchanged, compared to its average volume of 291,979. The stock has a market cap of $94.25 million, a price-to-earnings ratio of -1.73, a price-to-earnings-growth ratio of 2.01 and a beta of 2.73. The stock has a 50-day simple moving average of $2.69 and a 200-day simple moving average of $3.27. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.96 and a quick ratio of 1.18. NN has a 12 month low of $1.83 and a 12 month high of $4.67.

Insiders Place Their Bets

In other NN news, major shareholder Corre Partners Management, Llc sold 427,630 shares of NN stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $3.87, for a total value of $1,654,928.10. Following the completion of the transaction, the insider now directly owns 810,567 shares in the company, valued at $3,136,894.29. The trade was a 34.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 8.85% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NNBR. Paradigm Capital Management Inc. NY increased its position in NN by 139.4% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 1,856,200 shares of the industrial products company's stock worth $6,070,000 after buying an additional 1,080,755 shares during the period. Dimensional Fund Advisors LP grew its position in shares of NN by 15.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 783,033 shares of the industrial products company's stock worth $2,561,000 after acquiring an additional 106,518 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of NN by 343.8% in the 4th quarter. JPMorgan Chase & Co. now owns 89,265 shares of the industrial products company's stock worth $292,000 after acquiring an additional 69,149 shares during the period. Gabelli Funds LLC bought a new stake in NN in the 4th quarter valued at about $213,000. Finally, Barclays PLC boosted its stake in NN by 276.5% during the 3rd quarter. Barclays PLC now owns 60,684 shares of the industrial products company's stock valued at $237,000 after purchasing an additional 44,568 shares during the period. Institutional investors and hedge funds own 53.92% of the company's stock.

About NN

NN, Inc, together with its subsidiaries, designs, manufactures, and sells high-precision components and assemblies for various end markets in the United States and internationally. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and sells system critical components for automotive, general industrial, and medical end markets for use in power steering, braking, transmissions, gasoline fuel system, diesel injection, and diesel emissions treatment applications, as well as in heating, ventilation, and air conditioning.