Equities Analysts Issue Forecasts for NN Q1 Earnings

NN, Inc. (NASDAQ:NNBR - Free Report) - Sidoti Csr cut their Q1 2025 earnings per share (EPS) estimates for NN in a research note issued to investors on Tuesday, May 6th. Sidoti Csr analyst J. Franzreb now forecasts that the industrial products company will post earnings of ($0.04) per share for the quarter, down from their previous estimate of ($0.01). 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 ($0.01) EPS and FY2025 earnings at ($0.09) EPS.

NN Price Performance

NASDAQ:NNBR traded up $0.24 during midday trading on Thursday, hitting $2.12. The company had a trading volume of 201,035 shares, compared to its average volume of 292,071. The company has a market capitalization of $105.48 million, a PE ratio of -1.94, a P/E/G ratio of 2.01 and a beta of 2.15. The company has a quick ratio of 1.18, a current ratio of 1.96 and a debt-to-equity ratio of 1.27. NN has a 52-week low of $1.58 and a 52-week high of $4.67. The stock's fifty day moving average price is $2.14 and its 200-day moving average price is $2.95.

NN (NASDAQ:NNBR - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The industrial products company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.01. The firm had revenue of $105.69 million during the quarter, compared to the consensus estimate of $111.96 million. NN had a negative return on equity of 10.61% and a negative net margin of 8.05%.

Hedge Funds Weigh In On NN

Institutional investors have recently modified their holdings of the company. Jane Street Group LLC grew its position in NN by 58.1% during the third quarter. Jane Street Group LLC now owns 33,621 shares of the industrial products company's stock valued at $131,000 after acquiring an additional 12,362 shares during the last quarter. Barclays PLC raised its position in NN by 276.5% in the 3rd quarter. Barclays PLC now owns 60,684 shares of the industrial products company's stock worth $237,000 after purchasing an additional 44,568 shares during the period. Virtu Financial LLC bought a new stake in NN in the third quarter worth $39,000. SG Americas Securities LLC boosted its position in NN by 37.7% during the fourth quarter. SG Americas Securities LLC now owns 21,023 shares of the industrial products company's stock valued at $69,000 after buying an additional 5,752 shares during the period. Finally, Register Financial Advisors LLC increased its holdings in shares of NN by 2.5% in the fourth quarter. Register Financial Advisors LLC now owns 1,243,137 shares of the industrial products company's stock worth $4,065,000 after buying an additional 29,775 shares during the period. 53.92% of the stock is currently owned by institutional investors.

NN Company Profile

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.