Stock of E2open Parent Holdings Inc (ETWO) performance and profitability takes another direction

A share price of E2open Parent Holdings Inc [ETWO] is currently trading at $4.56, up 3.17%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ETWO shares have gain 1.33% over the last week, with a monthly amount glided 5.07%, and seem to be holding up well over a long-time horizon.

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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 experienced fluctuations in its stock price throughout the past year between $2.15 and $5.21. Currently, Wall Street analysts expect the stock to reach $4.4 within the next 12 months. E2open Parent Holdings Inc [NYSE: ETWO] shares were valued at $4.56 at the most recent close of the market. An investor can expect a potential drop of -3.51% based on the average ETWO price forecast.

Analyzing the ETWO fundamentals

Trailing Twelve Months sales for E2open Parent Holdings Inc [NYSE:ETWO] were 625.60M which represents -5.59% decline. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -1.26%, Pretax Profit Margin comes in at -1.41%, and Net Profit Margin reading is -1.25%. To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -0.47 and Total Capital is -0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.72.

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 4.43 points at the first support level, and at 4.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.63, and for the 2nd resistance point, it is at 4.69.

Ratios To Look Out For

To put it in perspective, the Current Ratio for E2open Parent Holdings Inc [NYSE:ETWO] is 1.00. Also, the Quick Ratio is 1.00, while the Cash Ratio stands at 0.56. Considering the valuation of this stock, the price to sales ratio is 2.27, the price to book ratio is 0.97.

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.

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