N-able (NYSE:NABL) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS

N-able (NYSE:NABL - Get Free Report) released its quarterly earnings results on Monday. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.03), Zacks reports. N-able had a net margin of 8.08% and a return on equity of 6.31%. N-able updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

N-able Trading Down 28.2 %

N-able stock traded down $2.83 during trading on Monday, hitting $7.20. The company's stock had a trading volume of 4,263,941 shares, compared to its average volume of 838,831. The stock's fifty day moving average is $9.62 and its 200 day moving average is $11.05. N-able has a 1-year low of $7.07 and a 1-year high of $15.48. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 36.00 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.

Analysts Set New Price Targets

NABL has been the topic of a number of analyst reports. 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 report on Friday, November 8th. Royal Bank of Canada decreased their price objective 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. Scotiabank cut their target price on shares of N-able from $11.20 to $11.00 and set a "sector perform" rating for the company in a research note on Tuesday, January 21st. Finally, Needham & Company LLC decreased their price target on shares of N-able from $16.50 to $10.00 and set a "buy" rating on the stock in a research note on Monday.

About N-able

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.