The stock of N-able Inc (NABL) has gone down by -4.00% for the week, with a -7.41% drop in the past month and a -7.62% drop in the past quarter. The volatility ratio for the week is 1.90%, and the volatility levels for the past 30 days are 1.58% for NABL. The simple moving average for the last 20 days is -4.43% for NABL stock, with a simple moving average of -6.89% for the last 200 days.
Is It Worth Investing in N-able Inc (NYSE: NABL) Right Now?
N-able Inc (NYSE: NABL) has a price-to-earnings ratio that is above its average at 97.14x. The stock has a 36-month beta value of 0.41. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NABL is 62.12M, and at present, short sellers hold a 1.52% of that float. On April 18, 2024, the average trading volume of NABL was 517.96K shares.
NABL) stock’s latest price update
N-able Inc (NYSE: NABL) has seen a rise in its stock price by 0.82 in relation to its previous close of 12.14. However, the company has experienced a -4.00% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-02-28 that N-able (NABL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.
Analysts’ Opinion of NABL
Many brokerage firms have already submitted their reports for NABL stocks, with JP Morgan repeating the rating for NABL by listing it as a “Neutral.” The predicted price for NABL in the upcoming period, according to JP Morgan is $11 based on the research report published on January 24, 2023 of the previous year 2023.
Needham, on the other hand, stated in their research note that they expect to see NABL reach a price target of $13.50, previously predicting the price at $17. The rating they have provided for NABL stocks is “Buy” according to the report published on December 29th, 2021.
BMO Capital Markets gave a rating of “Market Perform” to NABL, setting the target price at $14 in the report published on October 05th of the previous year.
NABL Trading at -6.33% from the 50-Day Moving Average
After a stumble in the market that brought NABL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.73% of loss for the given period.
Volatility was left at 1.58%, however, over the last 30 days, the volatility rate increased by 1.90%, as shares sank -8.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.70% lower at present.
During the last 5 trading sessions, NABL fell by -4.39%, which changed the moving average for the period of 200-days by -15.46% in comparison to the 20-day moving average, which settled at $12.75. In addition, N-able Inc saw -7.62% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NABL starting from Anastos Peter C, who sale 11,000 shares at the price of $13.13 back on Aug 22 ’23. After this action, Anastos Peter C now owns 288,562 shares of N-able Inc, valued at $144,430 using the latest closing price.
Pagliuca John, the President and CEO of N-able Inc, sale 38,894 shares at $13.23 during a trade that took place back on Aug 18 ’23, which means that Pagliuca John is holding 1,307,144 shares at $514,568 based on the most recent closing price.
Stock Fundamentals for NABL
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.84 for the gross margin
The net margin for N-able Inc stands at 0.06. The total capital return value is set at 0.07. Equity return is now at value 3.46, with 2.09 for asset returns.
Based on N-able Inc (NABL), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 2.33.
Currently, EBITDA for the company is 92.14 million with net debt to EBITDA at 2.37. When we switch over and look at the enterprise to sales, we see a ratio of 5.89. The receivables turnover for the company is 8.79for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.75.
Conclusion
To sum up, N-able Inc (NABL) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
