Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of N-able Inc (NYSE: NABL) closed at $8.25 in the last session, up 0.86% from day before closing price of $8.18. In other words, the price has increased by $0.86 from its previous closing price. On the day, 0.48 million shares were traded. NABL stock price reached its highest trading level at $8.32 during the session, while it also had its lowest trading level at $8.21.
Ratios:
We take a closer look at NABL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.12. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.46.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1559745024 and an Enterprise Value of 1807376256. As of this moment, N-able’s Price-to-Earnings (P/E) ratio for their current fiscal year is 94.72, and their Forward P/E ratio for the next fiscal year is 18.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 33.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.31 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 3.841 whereas that against EBITDA is 20.748.
Stock Price History:
The Beta on a monthly basis for NABL is 0.62, which has changed by -0.439157 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, NABL has reached a high of $15.00, while it has fallen to a 52-week low of $6.07. The 50-Day Moving Average of the stock is 6.55%, while the 200-Day Moving Average is calculated to be -12.27%.
Shares Statistics:
According to the various share statistics, NABL traded on average about 1.25M shares per day over the past 3-months and 1375150 shares per day over the past 10 days. A total of 189.06M shares are outstanding, with a floating share count of 66.68M. Insiders hold about 64.73% of the company’s shares, while institutions hold 35.27% stake in the company. Shares short for NABL as of 1749772800 were 2751213 with a Short Ratio of 2.20, compared to 1747267200 on 3656261. Therefore, it implies a Short% of Shares Outstanding of 2751213 and a Short% of Float of 3.6799999999999997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
