N-able Inc [NYSE: NABL] traded at a high on Wednesday, posting a 3.62 gain after which it closed the day’ session at $7.45.
The results of the trading session contributed to over 4018461 shares changing hands. Over the past one week, the price volatility of N-able Inc stands at 3.85% while the volatility over the past one month is 4.30%.
The market cap for NABL stock reached $1.41 billion, with 187.53 million shares outstanding and 66.94 million shares in the current float. Compared to the average trading volume of 974.36K shares, NABL reached a trading volume of 4018461 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about N-able Inc [NABL]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NABL shares is $9.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NABL stock is a recommendation set at 1.86. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BMO Capital Markets have made an estimate for N-able Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on November 08, 2024. While these analysts kept the previous recommendation, JP Morgan dropped their target price from $13 to $11. The new note on the price target was released on January 24, 2023, representing the official price target for N-able Inc stock. Previously, the target price had yet another drop from $17 to $13.50, while Needham kept a Buy rating on NABL stock.
The Average True Range (ATR) for N-able Inc is set at 0.34, with the Price to Sales ratio for NABL stock in the period of the last 12 months amounting to 3.02. The Price to Book ratio for the last quarter was 1.84, with the Price to Cash per share for the same quarter was set at 0.45. Price to Free Cash Flow for NABL in the course of the last twelve months was 22.75 with Quick ratio for the last quarter at 1.23.
How has NABL stock performed recently?
N-able Inc [NABL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.91. With this latest performance, NABL shares gained by 3.19% in over the last four-week period, additionally sinking by -42.96% over the last 6 months – not to mention a drop of -42.82% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NABL stock in for the last two-week period is set at 41.88, with the RSI for the last a single of trading hit 46.74, and the three-weeks RSI is set at 39.87 for N-able Inc [NABL]. The present Moving Average for the last 50 days of trading for this stock 8.75, while it was recorded at 7.27 for the last single week of trading, and 11.35 for the last 200 days.
N-able Inc [NABL]: Deeper insight into the fundamentals
N-able Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.23 and a Current Ratio set at 1.23.
Earnings analysis for N-able Inc [NABL]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NABL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for N-able Inc go to -1.41%.
Insider trade positions for N-able Inc [NABL]
There are presently around $95.64%, or 97.07%% of NABL stock, in the hands of institutional investors. The top three institutional holders of NABL stocks are: SILVER LAKE GROUP, L.L.C. with ownership of 61.47 million shares, which is approximately 33.2298%. THOMA BRAVO, L.P., holding 50.09 million shares of the stock with an approximate value of $$762.88 million in NABL stocks shares; and THOMA BRAVO, L.P., currently with $$169.81 million in NABL stock with ownership which is approximately 6.027%.
