Analysts Issue Forecasts for NN’s Q1 Earnings (NASDAQ:NNBR)

NN, Inc. (NASDAQ:NNBR) – Stock analysts at Sidoti Csr boosted their Q1 2025 earnings per share (EPS) estimates for shares of NN in a report released on Monday, March 10th. Sidoti Csr analyst J. Franzreb now expects that the industrial products company will post earnings per share of ($0.01) for the quarter, up from their prior forecast of ($0.02). The consensus estimate for NN’s current full-year earnings is ($0.20) per share. Sidoti Csr also issued estimates for NN’s Q4 2025 earnings at $0.04 EPS.

NN Trading Down 3.0 %

Shares of NASDAQ:NNBR opened at $2.55 on Thursday. NN has a 1 year low of $2.38 and a 1 year high of $5.20. The firm has a market capitalization of $127.36 million, a P/E ratio of -2.34, a P/E/G ratio of 2.01 and a beta of 3.07. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.96 and a quick ratio of 1.18. The business’s 50-day moving average is $2.98 and its 200 day moving average is $3.50.

Insider Activity at NN

In related news, major shareholder Corre Partners Management, Llc sold 427,630 shares of the company’s stock in a transaction 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 transaction, the insider now directly owns 810,567 shares of the company’s stock, valued at $3,136,894.29. This represents a 34.54 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 8.85% of the stock is currently owned by insiders.

Institutional Trading of NN

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NNBR. Virtu Financial LLC acquired a new position in shares of NN in the third quarter valued at about $39,000. BNP Paribas Financial Markets boosted its position in NN by 41.4% in the third quarter. BNP Paribas Financial Markets now owns 11,103 shares of the industrial products company’s stock valued at $43,000 after buying an additional 3,251 shares during the last quarter. ProShare Advisors LLC acquired a new position in NN in the 4th quarter worth approximately $43,000. Voya Investment Management LLC purchased a new position in NN during the 4th quarter worth approximately $47,000. Finally, Kolinsky Wealth Management LLC purchased a new position in NN during the 3rd quarter worth approximately $56,000. 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.