Q3 Earnings Estimate for NN Issued By Sidoti (NASDAQ:NNBR)

NN, Inc. (NASDAQ:NNBR) – Research analysts at Sidoti dropped their Q3 2026 earnings estimates for shares of NN in a research report issued on Friday, May 8th. Sidoti analyst J. Franzreb now anticipates that the industrial products company will post earnings of $0.03 per share for the quarter, down from their prior estimate of $0.05. The consensus estimate for NN’s current full-year earnings is $0.12 per share. Sidoti also issued estimates for NN’s FY2026 earnings at $0.08 EPS and Q3 2027 earnings at $0.06 EPS.

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

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

NN Stock Down 7.9%

NN stock opened at $2.58 on Tuesday. The company has a quick ratio of 1.16, a current ratio of 1.87 and a debt-to-equity ratio of 6.39. NN has a 12-month low of $1.10 and a 12-month high of $2.99. The firm’s fifty day moving average is $1.79 and its 200 day moving average is $1.58. The company has a market capitalization of $136.15 million, a PE ratio of -2.37, a PEG ratio of 0.54 and a beta of 2.54.

Insiders Place Their Bets

In other NN news, major shareholder John Frederick Barrett sold 136,165 shares of the business’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $2.63, for a total transaction of $358,113.95. Following the completion of the sale, the insider owned 4,568,715 shares in the company, valued at approximately $12,015,720.45. The trade was a 2.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Corre Partners Management, Llc sold 136,165 shares of the business’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $2.63, for a total transaction of $358,113.95. Following the sale, the insider owned 372,744 shares of the company’s stock, valued at $980,316.72. This trade represents a 26.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders have 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 company insiders.

Institutional Trading of NN

Hedge funds and other institutional investors have recently bought and sold shares of the business. Corient Private Wealth LLC increased its stake in NN by 16.1% during the 2nd quarter. Corient Private Wealth LLC now owns 72,000 shares of the industrial products company’s stock valued at $151,000 after purchasing an additional 10,000 shares in the last quarter. Bank of America Corp DE increased its stake in NN by 103.1% during the 2nd quarter. Bank of America Corp DE now owns 64,159 shares of the industrial products company’s stock valued at $135,000 after purchasing an additional 32,573 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in NN by 11.9% during the 4th quarter. J.W. Cole Advisors Inc. now owns 90,600 shares of the industrial products company’s stock valued at $116,000 after purchasing an additional 9,600 shares in the last quarter. Captrust Financial Advisors bought a new stake in NN during the 4th quarter valued at $90,000. Finally, Squarepoint Ops LLC bought a new stake in shares of NN in the 3rd quarter worth $88,000. 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.