Are E2open Parent Holdings Inc (ETWO) stocks a prudent buy?

E2open Parent Holdings Inc [ETWO] stock is trading at $4.44, up 0.68%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ETWO shares have gain 2.54% over the last week, with a monthly amount drifted -4.72%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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.

E2open Parent Holdings Inc [ETWO] stock has fluctuated between $2.15 and $6.90 over the past year. Currently, Wall Street analysts expect the stock to reach $4.5 within the next 12 months. E2open Parent Holdings Inc [NYSE: ETWO] shares were valued at $4.44 at the most recent close of the market. An investor can expect a potential return of 1.35% based on the average ETWO price forecast.

Analyzing the ETWO fundamentals

E2open Parent Holdings Inc [NYSE:ETWO] reported sales of 634.55M for the trailing twelve months, which represents a drop of -4.70%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at -1.24%, Pretax Profit Margin comes in at -2.0%, and Net Profit Margin reading is -1.74%. To continue investigating profitability, this company’s Return on Assets is posted at -0.35, Equity is -0.6 and Total Capital is -0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.73.

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 4.36 points at the first support level, and at 4.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.49, and for the 2nd resistance point, it is at 4.53.

Ratios To Look Out For

For context, E2open Parent Holdings Inc’s Current Ratio is 0.98. As well, the Quick Ratio is 0.98, while the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 2.17, the price to book ratio is 0.93.

Transactions by insiders

Recent insider trading involved Farlekas Michael, Chief Executive Officer, that happened on Oct 05 ’23 when 13000.0 shares were sold. Chief Executive Officer, Farlekas Michael completed a deal on Sep 05 ’23 to sell 13000.0 shares. Meanwhile, Chief Executive Officer Farlekas Michael sold 13000.0 shares on Aug 07 ’23.

Related Posts