E2open Parent Holdings Inc [ETWO] stock is trading at $2.85, up 5.56%. 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 11.76% over the last week, with a monthly amount glided 8.78%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
E2open Parent Holdings Inc [NYSE: ETWO] stock has seen the most recent analyst activity on December 11, 2024, when Goldman downgraded its rating to a Sell and also revised its price target to $2.90 from $3.50. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on January 17, 2024, and set its price target to $4. On October 12, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $4 on the stock. Loop Capital downgraded its rating to a Hold and decreased its price target to $5 on June 08, 2023. Credit Suisse upgraded its rating to a Neutral. Craig Hallum downgraded its rating to Hold for this stock on May 02, 2023, and downed its price target to $4.50. In a note dated May 02, 2023, BofA Securities downgraded an Underperform rating on this stock.
E2open Parent Holdings Inc [ETWO] stock has fluctuated between $2.49 and $5.07 over the past year. 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 $2.85 at the most recent close of the market. An investor can expect a potential return of 54.39% based on the average ETWO price forecast.
Analyzing the ETWO fundamentals
E2open Parent Holdings Inc [NYSE:ETWO] reported sales of 613.46M for the trailing twelve months, which represents a drop of -3.71%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -0.68%, Pretax Profit Margin comes in at -0.84%, and Net Profit Margin reading is -0.75%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.33 and Total Capital is -0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.98.
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 2.73 points at the first support level, and at 2.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.93, and for the 2nd resistance point, it is at 3.01.
Ratios To Look Out For
For context, E2open Parent Holdings Inc’s Current Ratio is 1.05. As well, the Quick Ratio is 1.05, while the Cash Ratio is 0.49. Considering the valuation of this stock, the price to sales ratio is 1.60, the price to book ratio is 0.82.
