E2open Parent Holdings Inc (ETWO) Stock: A Look at the Analyst Recommendations

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ETWO has 36-month beta value of 0.95. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for ETWO is 242.64M, and currently, short sellers hold a 5.68% ratio of that float. The average trading volume of ETWO on May 09, 2024 was 1.82M shares.

ETWO) stock’s latest price update

E2open Parent Holdings Inc (NYSE: ETWO)’s stock price has plunge by 0.21relation to previous closing price of 4.79. Nevertheless, the company has seen a -1.23% plunge in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-29 that E2open Parent Holdings, Inc. (NYSE:ETWO ) Q4 2024 Earnings Conference Call April 29, 2024 5:00 PM ET Company Participants Dusty Buell – Head of Investor Relations Andrew Appel – Chief Executive Officer Greg Randolph – Chief Commercial Officer Marje Armstrong – Chief Financial Officer Conference Call Participants Chris Quintero – Morgan Stanley Adam Hotchkiss – Goldman Sachs Taylor McGinnis – UBS Mark Schappel – Loop Capital Markets Chad Bennett – Craig-Hallum David Ridley-Lane – Bank of America Operator Greetings. Welcome to the E2open Fourth Quarter and Fiscal Year 2024 Earnings Call.

ETWO’s Market Performance

E2open Parent Holdings Inc (ETWO) has experienced a -1.23% fall in stock performance for the past week, with a 10.85% rise in the past month, and a 22.14% rise in the past quarter. The volatility ratio for the week is 4.80%, and the volatility levels for the past 30 days are at 5.06% for ETWO. The simple moving average for the last 20 days is 11.03% for ETWO stock, with a simple moving average of 16.55% for the last 200 days.

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 12.44% 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 -30.42% of loss for the given period.

Volatility was left at 5.06%, however, over the last 30 days, the volatility rate increased by 4.80%, as shares surge +17.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.74% upper at present.

During the last 5 trading sessions, ETWO fell by -1.23%, which changed the moving average for the period of 200-days by -2.44% in comparison to the 20-day moving average, which settled at $4.36. In addition, E2open Parent Holdings Inc saw 9.34% in overturn over a single year, with a tendency to cut further gains.

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:

  • -1.24 for the present operating margin
  • 0.5 for the gross margin

The net margin for E2open Parent Holdings Inc stands at -1.74. The total capital return value is set at -0.28. Equity return is now at value -53.65, with -28.38 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 0.73. The interest coverage ratio of the stock is -7.67.

Currently, EBITDA for the company is 164.55 million with net debt to EBITDA at 5.88. When we switch over and look at the enterprise to sales, we see a ratio of 3.81. The receivables turnover for the company is 3.82for 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 0.98.

Conclusion

To put it simply, E2open Parent Holdings Inc (ETWO) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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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