Noble Financial Estimates NN’s FY2026 Earnings (NASDAQ:NNBR)

NN, Inc. (NASDAQ:NNBR) – Noble Financial lifted their FY2026 earnings per share (EPS) estimates for shares of NN in a note issued to investors on Monday, May 11th. Noble Financial analyst J. Gomes now anticipates that the industrial products company will post earnings of $0.16 per share for the year, up from their previous forecast of $0.11. The consensus estimate for NN’s current full-year earnings is $0.09 per share.

NN (NASDAQ:NNBR) last announced its earnings results on Wednesday, May 6th. The industrial products company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.07. The business had revenue of $118.45 million for the quarter, compared to the consensus estimate of $106.59 million. NN had a positive return on equity of 4.54% and a negative net margin of 7.85%.

Several other research analysts also recently commented on NNBR. B. Riley Financial downgraded NN from a “buy” rating to a “neutral” rating in a report on Monday. Weiss Ratings restated a “sell (d-)” rating on shares of NN in a research report on Tuesday, April 21st. Finally, Zacks Research upgraded shares of NN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $3.00.

NN Stock Down 8.1%

Shares of NNBR opened at $2.37 on Wednesday. The company has a market capitalization of $125.06 million, a P/E ratio of -2.17, a PEG ratio of 0.60 and a beta of 2.54. The company has a debt-to-equity ratio of 6.39, a current ratio of 1.87 and a quick ratio of 1.16. NN has a one year low of $1.10 and a one year high of $2.99. The business’s 50 day simple moving average is $1.81 and its 200-day simple moving average is $1.58.

Insider Activity at NN

In related news, major shareholder John Frederick Barrett sold 555,305 shares of the business’s stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $2.69, for a total value of $1,493,770.45. Following the completion of the transaction, the insider owned 4,717,079 shares in the company, valued at $12,688,942.51. The trade was a 10.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Corre Partners Management, Llc sold 555,305 shares of the business’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $2.69, for a total transaction of $1,493,770.45. Following the completion of the transaction, the insider owned 412,427 shares of the company’s stock, valued at $1,109,428.63. This trade represents a 57.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,273,832 shares of company stock valued at $7,859,198 in the last 90 days. 19.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NNBR. Nantahala Capital Management LLC raised its position in NN by 69.4% in the 2nd quarter. Nantahala Capital Management LLC now owns 2,441,416 shares of the industrial products company’s stock worth $5,127,000 after purchasing an additional 1,000,000 shares during the last quarter. Paradigm Capital Management Inc. NY raised its position in shares of NN by 21.3% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 2,758,252 shares of the industrial products company’s stock valued at $5,792,000 after acquiring an additional 483,952 shares during the last quarter. UBS Group AG raised its position in shares of NN by 15,147.1% during the 3rd quarter. UBS Group AG now owns 279,632 shares of the industrial products company’s stock valued at $576,000 after acquiring an additional 277,798 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of NN by 291.0% during the 4th quarter. Renaissance Technologies LLC now owns 367,500 shares of the industrial products company’s stock valued at $470,000 after acquiring an additional 273,500 shares during the last quarter. Finally, First Manhattan CO. LLC. raised its position in shares of NN by 8.2% during the 4th quarter. First Manhattan CO. LLC. now owns 3,003,800 shares of the industrial products company’s stock valued at $3,845,000 after acquiring an additional 228,800 shares during the last quarter. Institutional investors own 53.92% of the company’s stock.

About NN

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.