Sidoti Has Negative Outlook for NN FY2026 Earnings

NN, Inc. (NASDAQ:NNBR) – Analysts at Sidoti reduced their FY2026 EPS estimates for NN in a research report issued to clients and investors on Monday, March 9th. Sidoti analyst J. Franzreb now anticipates that the industrial products company will post earnings of $0.11 per share 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 released its quarterly earnings results on Wednesday, March 4th. The industrial products company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.31). NN had a negative net margin of 8.05% and a negative return on equity of 0.98%. The firm had revenue of $104.72 million during the quarter, compared to the consensus estimate of $105.36 million.

A number of other equities research analysts also recently issued reports on NNBR. B. Riley Financial reduced their price target on NN from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of NN in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $3.00.

NN Stock Performance

NASDAQ NNBR opened at $1.27 on Thursday. The firm has a 50-day moving average price of $1.51 and a two-hundred day moving average price of $1.67. NN has a 12-month low of $1.10 and a 12-month high of $2.67. The company has a market capitalization of $63.74 million, a P/E ratio of -1.19, a P/E/G ratio of 0.21 and a beta of 2.29. The company has a quick ratio of 1.09, a current ratio of 1.83 and a debt-to-equity ratio of 4.52.

Institutional Investors Weigh In On NN

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Manhattan CO. LLC. boosted its holdings in shares of 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 valued at $3,845,000 after purchasing an additional 228,800 shares in the last quarter. Nomura Holdings Inc. lifted its position in shares of NN by 0.6% during the 3rd quarter. Nomura Holdings Inc. now owns 2,969,632 shares of the industrial products company’s stock worth $6,117,000 after buying an additional 18,615 shares during the last quarter. Paradigm Capital Management Inc. NY lifted 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 worth $5,792,000 after buying an additional 483,952 shares during the last quarter. Nantahala Capital Management LLC boosted its stake in NN by 69.4% in the second quarter. Nantahala Capital Management LLC now owns 2,441,416 shares of the industrial products company’s stock valued at $5,127,000 after buying an additional 1,000,000 shares in the last quarter. Finally, Register Financial Advisors LLC boosted its stake in NN by 2.4% in the third quarter. Register Financial Advisors LLC now owns 1,276,878 shares of the industrial products company’s stock valued at $2,630,000 after buying an additional 29,498 shares in the last quarter. 53.92% of the stock is currently owned by institutional investors.

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.