Noble Financial Forecasts NN's Q2 Earnings (NASDAQ:NNBR)

NN, Inc. (NASDAQ:NNBR - Free Report) - Equities researchers at Noble Financial decreased their Q2 2025 earnings estimates for NN in a research report issued to clients and investors on Tuesday, May 13th. Noble Financial analyst J. Gomes now forecasts that the industrial products company will post earnings of $0.01 per share for the quarter, down from their prior forecast of $0.02. The consensus estimate for NN's current full-year earnings is ($0.20) per share. Noble Financial also issued estimates for NN's Q4 2025 earnings at $0.04 EPS and FY2025 earnings at $0.06 EPS.

NN (NASDAQ:NNBR - Get Free Report) last posted its earnings results on Wednesday, May 7th. The industrial products company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.01. The company had revenue of $105.69 million during the quarter, compared to analysts' expectations of $111.96 million. NN had a negative net margin of 8.05% and a negative return on equity of 10.61%.

NN Trading Down 1.6%

Shares of NASDAQ NNBR traded down $0.04 during midday trading on Thursday, hitting $2.17. The company's stock had a trading volume of 64,196 shares, compared to its average volume of 484,202. The firm has a market cap of $109.22 million, a P/E ratio of -1.99, a price-to-earnings-growth ratio of 2.01 and a beta of 2.15. NN has a 12-month low of $1.58 and a 12-month high of $4.67. The company has a current ratio of 1.96, a quick ratio of 1.18 and a debt-to-equity ratio of 1.27. The business's 50 day moving average is $2.10 and its two-hundred day moving average is $2.90.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Paradigm Capital Management Inc. NY increased its holdings in shares of NN by 22.5% in the first quarter. Paradigm Capital Management Inc. NY now owns 2,274,300 shares of the industrial products company's stock valued at $5,140,000 after purchasing an additional 418,100 shares during the last quarter. Register Financial Advisors LLC boosted its holdings in NN by 0.5% in the first quarter. Register Financial Advisors LLC now owns 1,249,380 shares of the industrial products company's stock valued at $2,824,000 after purchasing an additional 6,243 shares during the period. Dimensional Fund Advisors LP grew its position in shares of NN by 15.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 783,033 shares of the industrial products company's stock worth $2,561,000 after buying an additional 106,518 shares in the last quarter. De Lisle Partners LLP lifted its position in shares of NN by 21.5% during the 1st quarter. De Lisle Partners LLP now owns 410,228 shares of the industrial products company's stock worth $929,000 after purchasing an additional 72,633 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of NN by 5.2% during the 4th quarter. Northern Trust Corp now owns 372,945 shares of the industrial products company's stock worth $1,220,000 after acquiring an additional 18,492 shares in the last quarter. Institutional investors and hedge funds own 53.92% of the company's stock.

Insider Activity

In other NN news, COO Timothy M. French purchased 44,784 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The shares were bought at an average price of $2.08 per share, for a total transaction of $93,150.72. Following the acquisition, the chief operating officer now owns 374,784 shares in the company, valued at $779,550.72. This represents a 13.57% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Harold C. Bevis bought 45,316 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The shares were acquired at an average price of $2.20 per share, with a total value of $99,695.20. Following the completion of the transaction, the chief executive officer now directly owns 1,463,150 shares of the company's stock, valued at $3,218,930. This trade represents a 3.20% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 110,288 shares of company stock worth $233,662. Company insiders own 7.94% 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.