N-able Inc. (NYSE: NABL) is -20.09% lower on its value in year-to-date trading and has touched a low of $8.12 and a high of $16.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NABL stock was last observed hovering at around $8.96 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $8.87, the stock is -7.33% and -8.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing -1.00% at the moment leaves the stock -18.68% off its SMA200. NABL registered a loss of -14.96% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $5.73 and a 200-day simple moving average (SMA200) of $29.69.
The stock witnessed a -13.21% gain in the last 1 month and extending the period to 3 months gives it a -10.67%, and is -3.27% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.05% over the week and 6.22% over the month.
N-able Inc. (NABL) has around 1426 employees, a market worth around $1.59B and $354.10M in sales. Current P/E ratio is 167.36 and Fwd P/E is 23.22. Profit margin for the company is 2.70%. Distance from 52-week low is 9.24% and -44.56% from its 52-week high. The company has generated returns on investments over the last 12 months (2.30%).
N-able Inc. (NABL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for N-able Inc. (NABL) is a “Buy”. 5 analysts offering their recommendations for the stock have an average rating of 2.00, where 1 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 101.50% this year.
N-able Inc. (NABL) Top Institutional Holders
The shares outstanding are 179.46M, and float is at 178.80M with Short Float at 1.20%.