N-able, Inc. (NYSE:NABL) Receives $9.31 Consensus PT from Analysts

Shares of N-able, Inc. (NYSE:NABL) have been assigned a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $9.3125.

A number of research analysts have recently commented on the stock. Scotiabank reissued a “sector perform” rating and issued a $8.75 price objective (up previously from $8.30) on shares of N-able in a research report on Friday, August 8th. Wall Street Zen upgraded shares of N-able from a “hold” rating to a “buy” rating in a research note on Friday, September 5th.

Insider Buying and Selling

In other N-able news, Director Ann Johnson sold 34,568 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $7.70, for a total transaction of $266,173.60. Following the completion of the sale, the director owned 37,424 shares of the company’s stock, valued at $288,164.80. This trade represents a 48.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Michael I. Adler sold 31,728 shares of N-able stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $7.72, for a total transaction of $244,940.16. Following the transaction, the executive vice president directly owned 468,555 shares of the company’s stock, valued at approximately $3,617,244.60. This trade represents a 6.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Institutional Trading of N-able

A number of hedge funds have recently modified their holdings of NABL. GAMMA Investing LLC grew its stake in N-able by 332.7% in the 1st quarter. GAMMA Investing LLC now owns 10,722 shares of the company’s stock valued at $76,000 after buying an additional 8,244 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of N-able by 5.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 635,171 shares of the company’s stock valued at $4,503,000 after purchasing an additional 31,311 shares during the last quarter. BNP Paribas Financial Markets bought a new position in shares of N-able during the fourth quarter worth approximately $525,000. Public Sector Pension Investment Board lifted its holdings in N-able by 27.0% during the 1st quarter. Public Sector Pension Investment Board now owns 223,833 shares of the company’s stock worth $1,587,000 after purchasing an additional 47,527 shares during the last quarter. Finally, Trigran Investments Inc. bought a new stake in N-able in the 1st quarter valued at $4,963,000. Institutional investors and hedge funds own 96.35% of the company’s stock.

N-able Stock Up 0.5%

NYSE:NABL opened at $8.37 on Wednesday. N-able has a twelve month low of $6.07 and a twelve month high of $13.12. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 418.46 and a beta of 0.62. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.41. The stock’s 50 day moving average price is $7.97 and its two-hundred day moving average price is $7.71.

N-able (NYSE:NABL) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The company had revenue of $131.25 million during the quarter, compared to the consensus estimate of $125.87 million. N-able had a return on equity of 4.13% and a net margin of 0.59%.The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.14 EPS. N-able has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts expect that N-able will post 0.27 earnings per share for the current fiscal year.

N-able Company Profile

N-able, Inc provides cloud-based software solutions for managed service providers in the United States, the United Kingdom, and internationally. The company's solutions enable MSPs to support digital transformation and growth within small and medium-sized enterprises. It provides software platform designed to be an integrated, enterprise-grade solution that serves as an operating system for its MSP partners and scales as their businesses grow.