N-able (NYSE:NABL) Receives "Sell (D)" Rating from Weiss Ratings

Key Points

• N-able (NYSE:NABL) has received a "Sell (D)" rating from Weiss Ratings, indicating negative sentiment from analysts.
• The stock currently has a consensus rating of "Hold" with a price target of $9.31, while trading at $7.65.
• N-able reported a 9.9% increase in revenue year-over-year, with earnings per share of $0.11, surpassing analyst expectations.

N-able (NYSE:NABL - Get Free Report)'s stock had its "sell (d)" rating reiterated by equities research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

A number of other brokerages have also recently commented on NABL. Scotiabank reaffirmed a "sector perform" rating and set a $8.75 price objective (up from $8.30) on shares of N-able in a research note on Friday, August 8th. Wall Street Zen raised shares of N-able from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $9.31.

N-able Stock Performance

Shares of NYSE:NABL traded down $0.05 during midday trading on Wednesday, hitting $7.65. The company's stock had a trading volume of 65,789 shares, compared to its average volume of 1,012,125. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 382.44 and a beta of 0.61. The stock's 50 day simple moving average is $7.96 and its 200 day simple moving average is $7.71. N-able has a fifty-two week low of $6.07 and a fifty-two week high of $13.04. 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 - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. The business had revenue of $131.25 million for 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 period last year, the business earned $0.14 earnings per share. N-able has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts anticipate that N-able will post 0.27 earnings per share for the current year.

Insider Transactions at N-able

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

Institutional Investors Weigh In On N-able

A number of institutional investors and hedge funds have recently modified their holdings of NABL. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in N-able by 9.2% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,445 shares of the company's stock valued at $149,000 after acquiring an additional 1,553 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in N-able by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,485 shares of the company's stock valued at $301,000 after acquiring an additional 1,825 shares during the period. Lazard Asset Management LLC raised its holdings in N-able by 0.7% in the 2nd quarter. Lazard Asset Management LLC now owns 319,379 shares of the company's stock valued at $2,586,000 after acquiring an additional 2,100 shares during the period. Revisor Wealth Management LLC raised its holdings in N-able by 20.8% in the 2nd quarter. Revisor Wealth Management LLC now owns 13,977 shares of the company's stock valued at $114,000 after acquiring an additional 2,402 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in N-able by 241.4% in the 1st 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 during the period. 96.35% of the stock is owned by institutional investors.

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.

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