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 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NNBR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NNBR, but not buy additional shares or sell existing shares.
View NNBR analyst ratings or view top-rated stocks.

NN's stock was trading at $1.50 at the start of the year. Since then, NNBR shares have increased by 22.7% and is now trading at $1.84.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our NNBR earnings forecast.

NN, Inc. (NASDAQ:NNBR) issued its earnings results on Thursday, March, 9th. The industrial products company reported ($0.12) earnings per share (EPS) for the quarter. The industrial products company had revenue of $118.01 million for the quarter, compared to analyst estimates of $123.15 million. NN had a negative trailing twelve-month return on equity of 7.13% and a negative net margin of 6.62%.

NN updated its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $515.00 million-$545.00 million, compared to the consensus revenue estimate of $532.48 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 shareholders include Corre Partners Management LLC (12.16%), First Manhattan CO. LLC. (3.61%), Royce & Associates LP (3.29%), Royce & Associates LP (3.15%), Dimensional Fund Advisors LP (2.89%) and Allspring Global Investments Holdings LLC (1.92%). 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 $1.84.

NN (NASDAQ:NNBR) has a market capitalization of $84.00 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 ($0.98) on an earnings per share basis.

The company employs 3,661 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.