Analyzing N-able (NYSE:NABL) & Eightco (NASDAQ:OCTO)

Eightco (NASDAQ:OCTO) and N-able (NYSE:NABL) are both small-cap business services companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, valuation, institutional ownership, analyst recommendations, earnings, risk and profitability.

Volatility & Risk

Eightco has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500. Comparatively, N-able has a beta of 0.6, suggesting that its stock price is 40% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Eightco and N-able, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eightco	0	0	0	0	0.00
N-able	1	3	4	0	2.38

N-able has a consensus price target of $9.45, suggesting a potential upside of 99.58%. Given N-able’s stronger consensus rating and higher possible upside, analysts clearly believe N-able is more favorable than Eightco.

Profitability

This table compares Eightco and N-able’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Eightco	-21.43%	-91.96%	-19.64%
N-able	-1.31%	4.17%	2.41%

Insider & Institutional Ownership

12.9% of Eightco shares are held by institutional investors. Comparatively, 96.4% of N-able shares are held by institutional investors. 13.6% of Eightco shares are held by insiders. Comparatively, 1.5% of N-able shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Eightco and N-able”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Eightco	$43.87 million	0.08	$710,000.00	($3.02)	-0.40
N-able	$466.15 million	1.89	$30.96 million	($0.03)	-157.83

N-able has higher revenue and earnings than Eightco. N-able is trading at a lower price-to-earnings ratio than Eightco, indicating that it is currently the more affordable of the two stocks.

Summary

N-able beats Eightco on 11 of the 14 factors compared between the two stocks.

About Eightco

Eightco Holdings Inc. provides inventory management and corrugated custom packaging solutions in North America and Europe. It manufactures and sells custom packaging solutions for a various product; and provides and resells bitcoin mining equipment and co-location services. The company was formerly known as Cryptyde, Inc. and changed its name to Eightco Holdings Inc. in April 2023. Eightco Holdings Inc. was incorporated in 1966 and is headquartered in Easton, Pennsylvania.

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. In addition, the company offers remote monitoring and management solutions provide MSP partners with visibility and insights into the availability and performance of their customers' networks, infrastructure, devices and applications through a centralized dashboard; data protection as-a-service solutions, such as backup and disaster recovery for servers, virtual machines, workstations, files, data, and key cloud-based applications, as well as multi-tenant platform and secure remote delivery architecture. Further, it offers security services through patch management, endpoint security, managed detection and response, web protection, e-mail security, and archiving and vulnerability assessment solutions. Additionally, the company engages in professional services automation, automation and scripting management, password management policies and reporting, and analytics. N-able, Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.