A share price of N-able Inc [NABL] is currently trading at $7.84, up 9.65%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NABL shares have gain 5.09% over the last week, with a monthly amount drifted -21.68%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
N-able Inc [NYSE: NABL] stock has seen the most recent analyst activity on November 08, 2024, when BMO Capital Markets reiterated its Market Perform rating and also revised its price target to $13.50 from $14. Previously, JP Morgan downgraded its rating to Neutral on January 24, 2023, and dropped its price target to $11. On December 29, 2021, Needham reiterated its Buy rating and revised its price target to $13.50 on the stock. BMO Capital Markets started tracking the stock assigning a Market Perform rating and suggested a price target of $14 on October 05, 2021. RBC Capital Mkts initiated its recommendation with a Outperform and recommended $18 as its price target on September 13, 2021. In a note dated August 26, 2021, JP Morgan initiated an Overweight rating and provided a target price of $17 on this stock.
N-able Inc experienced fluctuations in its stock price throughout the past year between $6.75 and $15.48. Currently, Wall Street analysts expect the stock to reach $9.08 within the next 12 months. N-able Inc [NYSE: NABL] shares were valued at $7.84 at the most recent close of the market. An investor can expect a potential return of 15.82% based on the average NABL price forecast.
Analyzing the NABL fundamentals
Trailing Twelve Months sales for N-able Inc [NYSE:NABL] were 466.15M which represents 7.47% growth. Gross Profit Margin for this corporation currently stands at 0.83% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.57 points at the first support level, and at 7.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.04, and for the 2nd resistance point, it is at 8.24.
Ratios To Look Out For
To put it in perspective, the Current Ratio for N-able Inc [NYSE:NABL] is 1.23. Further, the Quick Ratio stands at 1.23, while the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 3.18, the price to book ratio is 1.94 and price to earnings (TTM) ratio is 47.52.
Transactions by insiders
Recent insider trading involved Anastos Peter C, EVP, GC, Secretary, that happened on Aug 29 ’24 when 16000.0 shares were sold. Officer, Anastos Peter C completed a deal on Aug 29 ’24 to buy 16000.0 shares. Meanwhile, EVP, Chief Financial Officer O’Brien Tim James sold 44151.0 shares on Aug 16 ’24.
