N-able (NABL) Projected to Post Earnings on Monday

N-able (NYSE:NABL) is expected to be releasing its earnings data before the market opens on Monday, March 3rd. Analysts expect N-able to post earnings of $0.08 per share and revenue of $113.78 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

N-able Stock Down 0.7 %

Shares of N-able stock opened at $10.02 on Friday. The company has a market capitalization of $1.86 billion, a P/E ratio of 50.08 and a beta of 0.42. The company has a debt-to-equity ratio of 0.43, a current ratio of 3.01 and a quick ratio of 3.01. N-able has a 1 year low of $8.91 and a 1 year high of $15.48. The business has a 50-day moving average of $9.67 and a two-hundred day moving average of $11.10.

Wall Street Analysts Forecast Growth

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