Is E2open Parent Holdings Inc. (ETWO) A Solid Choice On The Value Front?

The stock of E2open Parent Holdings Inc. (NYSE:ETWO) decreased by decreased by -$0.26 on Friday to finish at $12.24, down -2.08 percent. The last five days have seen an average of 3,075,940 shares of common stock traded. 10 times new highs were reached in the current year, with a gain of $1.40. The average number of shares traded over the last 20 days was 2,116,210, while the average volume over the last 50 days totaled 2,715,090.

ETWO stock appreciated 2.00% since last month. On 10/18/21, the company’s shares reached a one-month low of $10.86. The stock touched a high of $14.58 on 05/27/21, after rallying from a low of $8.26 in 52 weeks. The price of ETWO stock has risen by 12.92% or $1.40 this year, reaching a new high 10 times. Still, the stock price is down -16.05% from the 52-week high.


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Insider Transactions

There have been 5 days since E2open Parent Holdings Inc. (ETWO) last reported insider trading activity on Oct 20. On Oct 20, Chief Financial Officer Janik Jarett acquired 2,000 shares at $11.84 each. This transaction resulted in the insider spending $23,680. On Oct 20, Hantman Peter added 6,280 shares at a price of US$11.95. After the transaction, the insider now owns 75,000 shares. Chief Executive Officer Farlekas Michael had earlier bought 20,000 shares on Oct 20 for $11.89 a share. The transaction was completed for $237,706.

For the three months ended May 30, E2open Parent Holdings Inc.’s quick ratio was 1.20, while its current ratio was 1.20, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending May 30 is 0.24, and the total debt to equity ratio is 0.24. As far as profitability goes, gross margin for the trailing twelve months is 56.00% percent. Based on annual data, it had gross profit of $198.84 million and revenue of $330.01 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. ETWO’s return on assets (ROA) during the last 12 months has been -6.70%. There was a -0.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -12.40%. ROE has averaged 3.34 in the past year for the broader industry.

Earnings Surprise

According to E2open Parent Holdings Inc.’s quarterly financial report for the quarter that ended May 30. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $78.08 million, while revenues rose by 100.0% to $66.33 million. It was predicted that E2open Parent Holdings Inc.’s quarterly earnings would be $0.15, but it ended up being $0.02. EBITDA was $11.11 million for the quarter. At the end of E2open Parent Holdings Inc.’s most recent quarter ended May 30, its liabilities totaled 1.64 billion, while its total debt was $518.62 million. Equity owned by shareholders amounts to $300.0 million.

Technical Picture

Here’s a quick look at E2open Parent Holdings Inc.’s (ETWO) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 63.22%, suggesting the stock is Neutral, with a 44.64% historical volatility rate.

The stochastic %K and %D were 85.31% and 68.61% respectively, while the average true range (ATR) was 0.53. Based on the 14-day stochastic reading of 81.60%, the RSI (14) reading is 59.45%. On the 9-day MACD Oscillator, the stock is at 0.59, and the 14-day reading is at 0.68.

Analyst Ratings

In its analyst report released on September 30, 2021, BofA Securities began covering E2open Parent Holdings Inc. (NYSE: ETWO). The stock was rated as a Neutral by the brokerage firm. Analysts have assigned E2open Parent Holdings Inc. (ETWO) an Overweight rating. ETWO is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.

What is ETWO’s price target for the next 12 months?

The current consensus forecast for the stock is between $13.00 and $16.00, with a median target price of $14.00. In analyzing these forecasts, the average price target given by analysts for E2open Parent Holdings Inc. (ETWO) is $14.33.

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