Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $7.53 in the prior trading day, N-able Inc (NYSE: NABL) closed at $7.29, down -3.19%. In other words, the price has decreased by -$3.19 from its previous closing price. On the day, 0.61 million shares were traded. NABL stock price reached its highest trading level at $7.57 during the session, while it also had its lowest trading level at $7.29.
Ratios:
Our goal is to gain a better understanding of NABL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.26. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.47.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on November 08, 2024, Reiterated its Market Perform rating but revised its target price to $13.50 from $14 previously.
On January 24, 2023, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $13 to $11.
Needham reiterated its Buy rating for the stock on December 29, 2021, while the target price for the stock was revised from $17 to $13.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 29 ’24 when Anastos Peter C sold 16,000 shares for $13.04 per share. The transaction valued at 208,640 led to the insider holds 322,774 shares of the business.
Anastos Peter C bought 16,000 shares of NABL for $209,600 on Aug 29 ’24. On Aug 16 ’24, another insider, O’Brien Tim James, who serves as the EVP, Chief Financial Officer of the company, sold 44,151 shares for $12.77 each. As a result, the insider received 563,808 and left with 510,261 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NABL now has a Market Capitalization of 1422796672 and an Enterprise Value of 1661447040. As of this moment, N-able’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.18, and their Forward P/E ratio for the next fiscal year is 16.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.95 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 3.564 whereas that against EBITDA is 16.996.
Stock Price History:
The Beta on a monthly basis for NABL is 0.50, which has changed by -0.44009215 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, NABL has reached a high of $15.48, while it has fallen to a 52-week low of $6.75. The 50-Day Moving Average of the stock is -18.82%, while the 200-Day Moving Average is calculated to be -36.91%.
Shares Statistics:
The stock has traded on average 973.39K shares per day over the past 3-months and 1268370 shares per day over the last 10 days, according to various share statistics. A total of 187.53M shares are outstanding, with a floating share count of 66.94M. Insiders hold about 64.57% of the company’s shares, while institutions hold 34.24% stake in the company. Shares short for NABL as of 1740700800 were 1389624 with a Short Ratio of 1.43, compared to 1738281600 on 984816. Therefore, it implies a Short% of Shares Outstanding of 1389624 and a Short% of Float of 1.8499999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of N-able Inc (NABL) is currently in the spotlight, with 5.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.08, with high estimates of $0.09 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.35 and $0.28 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.44, with 6.0 analysts recommending between $0.65 and $0.35.
Revenue Estimates
5 analysts predict $115.65M in revenue for the current quarter. It ranges from a high estimate of $116M to a low estimate of $115.5M. As of the current estimate, N-able Inc’s year-ago sales were $113.75MFor the next quarter, 5 analysts are estimating revenue of $122.49M. There is a high estimate of $127.5M for the next quarter, whereas the lowest estimate is $119M.
A total of 6 analysts have provided revenue estimates for NABL’s current fiscal year. The highest revenue estimate was $494M, while the lowest revenue estimate was $489.41M, resulting in an average revenue estimate of $490.72M. In the same quarter a year ago, actual revenue was $466.15MBased on 6 analysts’ estimates, the company’s revenue will be $538.16M in the next fiscal year. The high estimate is $547.8M and the low estimate is $524M.
