Sidoti Csr Research Analysts Decrease Earnings Estimates for NN, Inc. (NASDAQ:NNBR)

NN, Inc. (NASDAQ:NNBR) – Research analysts at Sidoti Csr dropped their Q2 2025 earnings per share estimates for shares of NN in a research report issued on Friday, August 9th. Sidoti Csr analyst J. Franzreb now anticipates that the industrial products company will post earnings per share of $0.03 for the quarter, down from their prior estimate of $0.05. The consensus estimate for NN’s current full-year earnings is ($0.19) per share. Sidoti Csr also issued estimates for NN’s Q3 2025 earnings at $0.02 EPS and FY2025 earnings at $0.10 EPS.

NN (NASDAQ:NNBR) last announced its quarterly earnings data on Wednesday, August 7th. The industrial products company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.03. The company had revenue of $122.99 million for the quarter, compared to analyst estimates of $123.59 million. NN had a negative return on equity of 8.92% and a negative net margin of 10.86%. During the same quarter last year, the firm posted ($0.08) EPS.

NN Trading Up 3.0 %

Shares of NNBR stock opened at $3.41 on Monday. The stock’s fifty day moving average is $3.32 and its two-hundred day moving average is $3.90. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.27 and a current ratio of 2.04. The firm has a market capitalization of $170.52 million, a P/E ratio of -2.44 and a beta of 2.97. NN has a fifty-two week low of $1.63 and a fifty-two week high of $5.40.

Insider Buying and Selling at NN

In other NN news, Director Raynard D. Benvenuti sold 236,104 shares of the firm’s stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of $3.14, for a total value of $741,366.56. Following the completion of the sale, the director now directly owns 29,880 shares of the company’s stock, valued at approximately $93,823.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.85% of the stock is currently owned by insiders.

Institutional Trading of NN

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC increased its stake in shares of NN by 7.2% in the 2nd quarter. Renaissance Technologies LLC now owns 127,000 shares of the industrial products company’s stock worth $381,000 after acquiring an additional 8,500 shares during the last quarter. American Century Companies Inc. increased its stake in shares of NN by 80.7% in the 2nd quarter. American Century Companies Inc. now owns 642,568 shares of the industrial products company’s stock worth $1,928,000 after acquiring an additional 287,060 shares during the last quarter. Acadian Asset Management LLC increased its stake in shares of NN by 102.0% in the 2nd quarter. Acadian Asset Management LLC now owns 208,771 shares of the industrial products company’s stock worth $625,000 after acquiring an additional 105,429 shares during the last quarter. Rhumbline Advisers increased its position in shares of NN by 3,510.9% during the 2nd quarter. Rhumbline Advisers now owns 53,983 shares of the industrial products company’s stock worth $162,000 after purchasing an additional 52,488 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of NN during the 2nd quarter worth about $429,000. 53.92% of the stock is owned by institutional investors and hedge funds.

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.