E2open Parent Holdings Inc (ETWO) Stock: Assessing the Risk and Reward

In the past week, ETWO stock has gone down by -4.84%, with a monthly decline of -4.18% and a quarterly plunge of -5.92%. The volatility ratio for the week is 4.37%, and the volatility levels for the last 30 days are 3.89% for E2open Parent Holdings Inc The simple moving average for the last 20 days is -2.14% for ETWO’s stock, with a simple moving average of -2.93% for the last 200 days.

Is It Worth Investing in E2open Parent Holdings Inc (NYSE: ETWO) Right Now?

The 36-month beta value for ETWO is also noteworthy at 1.03. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for ETWO is 242.18M, and at present, short sellers hold a 6.59% of that float. The average trading volume of ETWO on April 03, 2024 was 1.97M shares.

ETWO) stock’s latest price update

The stock price of E2open Parent Holdings Inc (NYSE: ETWO) has dropped by -1.90 compared to previous close of 4.21. Despite this, the company has seen a fall of -4.84% in its stock price over the last five trading days. Business Wire reported 2024-03-25 that AUSTIN, Texas–(BUSINESS WIRE)–E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced that it will report its fiscal fourth quarter and full year 2024 financial results after the U.S. financial markets close on Monday, April 29, 2024. E2open management will host a conference call at 5:00 p.m. Eastern Time on that day to discuss the financial results and other business highlights. The conference call can be.

Analysts’ Opinion of ETWO

Many brokerage firms have already submitted their reports for ETWO stocks, with Morgan Stanley repeating the rating for ETWO by listing it as a “Equal-Weight.” The predicted price for ETWO in the upcoming period, according to Morgan Stanley is $4 based on the research report published on January 17, 2024 of the current year 2024.

Redburn Atlantic, on the other hand, stated in their research note that they expect to see ETWO reach a price target of $4, previously predicting the price at $8.50. The rating they have provided for ETWO stocks is “Neutral” according to the report published on October 12th, 2023.

Loop Capital gave a rating of “Hold” to ETWO, setting the target price at $5 in the report published on June 08th of the previous year.

ETWO Trading at 1.24% from the 50-Day Moving Average

After a stumble in the market that brought ETWO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.14% of loss for the given period.

Volatility was left at 3.89%, however, over the last 30 days, the volatility rate increased by 4.37%, as shares sank -2.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.46% upper at present.

During the last 5 trading sessions, ETWO fell by -4.84%, which changed the moving average for the period of 200-days by -22.22% in comparison to the 20-day moving average, which settled at $4.21. In addition, E2open Parent Holdings Inc saw -5.92% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ETWO starting from Farlekas Michael, who sale 13,000 shares at the price of $4.12 back on Oct 05 ’23. After this action, Farlekas Michael now owns 201,474 shares of E2open Parent Holdings Inc, valued at $53,518 using the latest closing price.

Farlekas Michael, the Chief Executive Officer of E2open Parent Holdings Inc, sale 13,000 shares at $4.83 during a trade that took place back on Sep 05 ’23, which means that Farlekas Michael is holding 214,474 shares at $62,820 based on the most recent closing price.

Stock Fundamentals for ETWO

Current profitability levels for the company are sitting at:

  • -1.22 for the present operating margin
  • 0.5 for the gross margin

The net margin for E2open Parent Holdings Inc stands at -2.13. The total capital return value is set at -0.28. Equity return is now at value -60.82, with -32.81 for asset returns.

Based on E2open Parent Holdings Inc (ETWO), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 0.71. The interest coverage ratio of the stock is -8.0.

Currently, EBITDA for the company is 191.47 million with net debt to EBITDA at 5.84. When we switch over and look at the enterprise to sales, we see a ratio of 3.48. The receivables turnover for the company is 4.87for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.

Conclusion

In summary, E2open Parent Holdings Inc (ETWO) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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