NN (NNBR) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NN in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NNBR shares.
View NNBR analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 1-year price objectives for NN's shares. Their NNBR share price forecasts range from $4.00 to $4.00. On average, they anticipate the company's share price to reach $4.00 in the next year. This suggests a possible upside of 111.6% from the stock's current price.
View analysts price targets for NNBR or view top-rated stocks among Wall Street analysts.

NN's stock was trading at $1.50 at the start of the year. Since then, NNBR shares have increased by 26.0% and is now trading at $1.89.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our NNBR earnings forecast.

NN, Inc. (NASDAQ:NNBR) posted its earnings results on Thursday, August, 3rd. The industrial products company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.04. The industrial products company earned $125.21 million during the quarter, compared to analysts' expectations of $133 million. NN had a negative net margin of 7.79% and a negative trailing twelve-month return on equity of 7.46%.

NN issued an update on its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $485.00 million-$505.00 million, compared to the consensus revenue estimate of $521.78 million.

18 employees have rated NN Chief Executive Officer Richard D. Holder on Glassdoor.com. Richard D. Holder has an approval rating of 34% among the company's employees. This puts Richard D. Holder in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other NN investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), NIC (EGOV), Precision Drilling (PD) and Och-Ziff Capital Management Group (OZM).

NN trades on the NASDAQ under the ticker symbol "NNBR."

NN's stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (1.74%), BlackRock Inc. (1.64%), Register Financial Advisors LLC (1.23%), Geode Capital Management LLC (0.92%), RBF Capital LLC (0.89%) and Osaic Holdings Inc. (0.47%). Insiders that own company stock include Christina Carroll, Corre Partners Management, Llc, Jeri J Harman, Jeri J Harman, Joao V Faria, John Buchan, Jr Michael C Felcher, Rajeev Gautam, Raynard D Benvenuti, Raynard D Benvenuti, Thomas Hampton Jr Wilson and Warren A Veltman.
View institutional ownership trends.

Shares of NNBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of NNBR stock can currently be purchased for approximately $1.89.

NN (NASDAQ:NNBR) has a market capitalization of $88.87 million and generates $498.74 million in revenue each year. The industrial products company earns $-26,100,000.00 in net income (profit) each year or ($1.11) on an earnings per share basis.

The company employs 3,363 workers across the globe.

NN's mailing address is 6210 Ardrey Kell Road, Charlotte NC, 28277. The official website for the company is www.nninc.com. The industrial products company can be reached via phone at (980) 264-4300, via email at investors@nninc.com, or via fax at 423-743-2670.