Noble Financial Has Bullish Outlook for NN FY2026 Earnings

NN, Inc. (NASDAQ:NNBR) – Research analysts at Noble Financial lifted their FY2026 earnings per share estimates for NN in a report released on Monday, May 11th. Noble Financial analyst J. Gomes now expects 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 issued its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.07. NN had a positive return on equity of 4.54% and a negative net margin of 7.85%.The firm had revenue of $118.45 million for the quarter, compared to analyst estimates of $106.59 million.

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

NN Trading Down 8.1%

Shares of NNBR opened at $2.37 on Wednesday. NN has a 12-month low of $1.10 and a 12-month high of $2.99. The company has a quick ratio of 1.16, a current ratio of 1.87 and a debt-to-equity ratio of 6.39. The firm has a market capitalization of $125.06 million, a price-to-earnings ratio of -2.17, a P/E/G ratio of 0.60 and a beta of 2.54. The stock’s 50-day moving average price is $1.81 and its 200 day moving average price is $1.58.

Insider Buying and Selling

In other NN news, major shareholder John Frederick Barrett sold 136,165 shares of NN stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $2.63, for a total transaction of $358,113.95. Following the sale, the insider directly owned 4,568,715 shares of the company’s stock, valued at approximately $12,015,720.45. The trade was a 2.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Corre Partners Management, Llc sold 136,165 shares of NN stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $2.63, for a total value of $358,113.95. Following the sale, the insider directly owned 372,744 shares in the company, valued at $980,316.72. The trade was a 26.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 3,273,832 shares of company stock worth $7,859,198 over the last ninety days. Company insiders own 19.60% of the company’s stock.

Institutional Investors Weigh In On NN

A number of institutional investors have recently added to or reduced their stakes in NNBR. Two Sigma Investments LP acquired a new stake in NN during the third quarter valued at approximately $27,000. Hudson Bay Capital Management LP acquired a new stake in NN during the second quarter valued at approximately $29,000. Virtu Financial LLC acquired a new position in shares of NN in the 4th quarter worth approximately $30,000. Quinn Opportunity Partners LLC acquired a new position in shares of NN in the 4th quarter worth approximately $32,000. Finally, Laurel Oak Wealth Management LLC acquired a new position in shares of NN in the 1st quarter worth approximately $72,000. 53.92% of the stock is owned by institutional investors and hedge funds.

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.