N-able (NABL) to Release Earnings on Thursday

N-able (NYSE:NABL) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect N-able to post earnings of $0.08 per share and revenue of $113.78 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

N-able Stock Performance

N-able stock opened at $9.96 on Thursday. The stock’s 50 day moving average price is $9.64 and its 200 day moving average price is $11.25. The firm has a market capitalization of $1.85 billion, a PE ratio of 49.82 and a beta of 0.42. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.01 and a current ratio of 3.01. N-able has a one year low of $8.91 and a one year high of $15.48.

Analyst Ratings Changes

Several equities analysts recently commented on the company. BMO Capital Markets reduced their price target on N-able from $14.00 to $13.50 and set a “market perform” rating on the stock in a research report on Friday, November 8th. Royal Bank of Canada dropped their price objective on N-able from $15.00 to $12.00 and set an “outperform” rating on the stock in a report on Tuesday, January 21st. Needham & Company LLC restated a “buy” rating and set a $16.50 price objective on shares of N-able in a report on Friday, November 22nd. Finally, Scotiabank dropped their price objective on N-able from $11.20 to $11.00 and set a “sector perform” rating on the stock in a report on Tuesday, January 21st.

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.