N-able, Inc. (NYSE:NABL) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

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

Several research firms have recently issued reports on NABL. Scotiabank reiterated a “sector perform” rating and set a $8.75 target price (up from $8.30) on shares of N-able in a report on Friday, August 8th. Wall Street Zen upgraded shares of N-able from a “hold” rating to a “buy” rating in a report on Friday, September 5th.

N-able Price Performance

NABL stock opened at $8.10 on Friday. The firm has a 50 day moving average price of $8.01 and a 200-day moving average price of $7.70. N-able has a 52-week low of $6.07 and a 52-week high of $13.12. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 404.95 and a beta of 0.62. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.24 and a current ratio of 1.24.

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

Insider Activity at N-able

In related news, EVP Michael I. Adler sold 31,728 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $7.72, for a total transaction of $244,940.16. Following the completion of the sale, the executive vice president owned 468,555 shares of the company’s stock, valued at $3,617,244.60. This trade represents a 6.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ann Johnson sold 34,568 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $7.70, for a total transaction of $266,173.60. Following the sale, the director directly 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 disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On N-able

Institutional investors and hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC increased its position in shares of N-able by 1,030.5% during the second quarter. Parallel Advisors LLC now owns 3,516 shares of the company’s stock valued at $28,000 after acquiring an additional 3,205 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of N-able by 1,970.5% during the second quarter. EverSource Wealth Advisors LLC now owns 3,789 shares of the company’s stock valued at $31,000 after acquiring an additional 3,606 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of N-able by 241.4% during the first quarter. PNC Financial Services Group Inc. now owns 4,162 shares of the company’s stock valued at $30,000 after acquiring an additional 2,943 shares in the last quarter. Signaturefd LLC increased its position in shares of N-able by 1,410.3% during the second quarter. Signaturefd LLC now owns 6,615 shares of the company’s stock valued at $54,000 after acquiring an additional 6,177 shares in the last quarter. Finally, Ieq Capital LLC bought a new stake in shares of N-able during the first quarter valued at approximately $72,000. Institutional investors own 96.35% of the company’s stock.

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.