E2open Parent Holdings Inc (ETWO) Stock: A Closer Look

E2open Parent Holdings Inc [ETWO] stock prices are up 0.71% to $4.25 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ETWO shares have gain 3.41% over the last week, with a monthly amount glided 5.72%, and seem to be holding up well over a long-time horizon.

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On 14, February 2024, E2open Names Andrew Appel as New Chief Executive Officer. In a post published today on Yahoo Finance, Proven, growth-focused enterprise software CEO assumes helm following interim leadership.

From an analyst’s perspective:

E2open Parent Holdings Inc [NYSE: ETWO] stock has seen the most recent analyst activity on January 17, 2024, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $4. Previously, Redburn Atlantic downgraded its rating to Neutral on October 12, 2023, and dropped its price target to $4. On June 08, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $5 on the stock. Credit Suisse upgraded its rating to a Neutral. Craig Hallum downgraded its rating to a Hold and reduced its price target to $4.50 on May 02, 2023. BofA Securities downgraded its rating to Underperform for this stock on May 02, 2023. In a note dated December 16, 2022, Redburn initiated an Buy rating.

The stock price of E2open Parent Holdings Inc [ETWO] has been fluctuating between $2.15 and $6.90 over the past year. E2open Parent Holdings Inc [NYSE: ETWO] shares were valued at $4.25 at the most recent close of the market.

Analyzing the ETWO fundamentals

The E2open Parent Holdings Inc [NYSE:ETWO] reported sales of 642.37M for trailing twelve months, representing a drop of -4.49%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at -1.22%, Pretax Profit Margin comes in at -2.55%, and Net Profit Margin reading is -2.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.44, Equity is -0.65 and Total Capital is -0.28. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.71.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.16 points at the first support level, and at 4.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.32, and for the 2nd resistance point, it is at 4.38.

E2open Parent Holdings Inc [ETWO] reported earnings per share of $0.04 for its fiscal quarter that ended on 11/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.04/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 8/30/2023 were $0.04 per share as compared to estimates of $0.05 per share, a difference of -$0.01 representing a surprise of -20.00%.

Ratios To Look Out For

It’s worth pointing out that E2open Parent Holdings Inc [NYSE:ETWO]’s Current Ratio is 0.94. On the other hand, the Quick Ratio is 0.94, and the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 2.05, the price to book ratio is 0.86.

Transactions by insiders

Recent insider trading involved Farlekas Michael, Chief Executive Officer, that happened on Oct 05 when 13000.0 shares were sold. Chief Executive Officer, Farlekas Michael completed a deal on Sep 05 to sell 13000.0 shares. Meanwhile, Chief Executive Officer Farlekas Michael sold 13000.0 shares on Aug 07.

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