Sidoti Forecasts NN’s FY2026 Earnings (NASDAQ:NNBR)

NN, Inc. (NASDAQ:NNBR) – Investment analysts at Sidoti decreased their FY2026 earnings estimates for shares of NN in a research note issued to investors on Monday, March 9th. Sidoti analyst J. Franzreb now anticipates that the industrial products company will post earnings per share of $0.11 for the year, down from their previous forecast of $0.12. The consensus estimate for NN’s current full-year earnings is ($0.20) per share.

NN (NASDAQ:NNBR) last announced its quarterly earnings data on Wednesday, March 4th. The industrial products company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.31). The firm had revenue of $104.72 million for the quarter, compared to the consensus estimate of $105.36 million. NN had a negative net margin of 8.05% and a negative return on equity of 0.98%.

NNBR has been the subject of a number of other reports. B. Riley Financial dropped their price objective on shares of NN from $4.00 to $3.00 and set a “buy” rating for the company in a report on Friday, March 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NN in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $3.00.

NN Trading Down 1.5%

Shares of NNBR opened at $1.28 on Thursday. The firm has a market cap of $64.24 million, a P/E ratio of -1.20, a price-to-earnings-growth ratio of 0.21 and a beta of 2.29. The company has a debt-to-equity ratio of 4.52, a quick ratio of 1.09 and a current ratio of 1.83. The business has a 50-day moving average of $1.51 and a 200 day moving average of $1.67. NN has a fifty-two week low of $1.10 and a fifty-two week high of $2.69.

Institutional Trading of NN

Hedge funds have recently added to or reduced their stakes in the business. Virtu Financial LLC purchased a new stake in NN during the 4th quarter valued at about $30,000. XTX Topco Ltd boosted its position in NN by 29.3% during the 4th quarter. XTX Topco Ltd now owns 73,920 shares of the industrial products company’s stock valued at $95,000 after buying an additional 16,732 shares during the period. Quadrature Capital Ltd purchased a new stake in NN during the 4th quarter valued at $77,000. First Manhattan CO. LLC. grew its holdings in NN by 8.2% in the 4th quarter. First Manhattan CO. LLC. now owns 3,003,800 shares of the industrial products company’s stock worth $3,845,000 after acquiring an additional 228,800 shares during the last quarter. Finally, Captrust Financial Advisors purchased a new position in NN during the 4th quarter valued at about $90,000. 53.92% of the stock is owned by institutional investors.

NN Company Profile

NN, Inc (NASDAQ: NNBR) is a diversified industrial manufacturing company specializing in engineered metal components, powder metal parts and friction materials. Through its subsidiaries, the company develops and produces precision-rolled products for powertrain and chassis applications, engineered friction products for brake and transmission systems, and various metal powders used in automotive, industrial and energy markets. Its offerings span a wide range of component sizes and complexity, from thin‐gauge strips for hybrid and electric vehicle applications to high‐volume sintered parts for commercial and consumer products.

The company’s operations are organized into three business segments.