E2open Parent Holdings Inc (NYSE: ETWO) has experienced a decline in its stock price by -0.67 compared to its previous closing price of 4.48. However, the company has seen a gain of 1.14% in its stock price over the last five trading days. businesswire.com reported 2024-09-13 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 second quarter 2025 financial results after the U.S. financial markets close on Wednesday, October 9, 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 accessed b.
Is It Worth Investing in E2open Parent Holdings Inc (NYSE: ETWO) Right Now?
The 36-month beta value for ETWO is at 0.92. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
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The public float for ETWO is 234.58M, and currently, shorts hold a 4.99% of that float. The average trading volume for ETWO on September 23, 2024 was 2.07M shares.
ETWO’s Market Performance
ETWO stock saw an increase of 1.14% in the past week, with a monthly gain of 3.97% and a quarterly increase of 1.14%. The volatility ratio for the week is 3.11%, and the volatility levels for the last 30 days are 3.41% for E2open Parent Holdings Inc (ETWO). The simple moving average for the past 20 days is 2.80% for ETWO’s stock, with a 3.82% simple moving average for the past 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 2.23% 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 -13.09% of loss for the given period.
Volatility was left at 3.41%, however, over the last 30 days, the volatility rate increased by 3.11%, as shares surge +7.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.49% upper at present.
During the last 5 trading sessions, ETWO rose by +1.14%, which changed the moving average for the period of 200-days by +16.49% in comparison to the 20-day moving average, which settled at $4.34. In addition, E2open Parent Holdings Inc saw 1.37% 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.
Stock Fundamentals for ETWO
Current profitability levels for the company are sitting at:
- -1.26 for the present operating margin
- 0.46 for the gross margin
The net margin for E2open Parent Holdings Inc stands at -1.25. The total capital return value is set at -0.28. Equity return is now at value -42.98, with -22.36 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 0.72. The interest coverage ratio of the stock is -15.33.
Currently, EBITDA for the company is 164.55 million with net debt to EBITDA at 5.66. When we switch over and look at the enterprise to sales, we see a ratio of 3.63. The receivables turnover for the company is 5.24for 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 1.00.
Conclusion
In conclusion, E2open Parent Holdings Inc (ETWO) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
