As of Friday close, E2open Parent Holdings Inc.’s (NYSE:ETWO) stock was up $0.05, moving up 1.06 percent to $4.77. The average number of shares traded per day over the past five days has been 889,300 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.16 fall in that time frame. In the last twenty days, the average volume was 1,145,415, while in the previous 50 days, it was 1,589,050.
Since last month, ETWO stock retreated -4.60%. Shares of the company fell to $4.67 on 08/18/23, the lowest level in the past month. A 52-week high of $7.79 was reached on 02/02/23 after having rallying from a 52-week low of $3.92. Since the beginning of this year, ETWO’s stock price has dropped by -18.74% or -$1.10, and marked a new high 10 times. However, the stock has declined by -38.77% since its 52-week high.
ETWO stock investors should be aware that E2open Parent Holdings Inc. (ETWO) stock had its last reported insider trading activity 12 days ago on Aug 07. Farlekas Michael, the Chief Executive Officer of the company, disposed of 13,000 shares for $4.99 on Aug 07. It resulted in a $64,862 divestment by the insider. Farlekas Michael sold 13,000 shares at an average price of $5.48 on Jul 05. The insider now owns 240,474 shares following the transaction. On Jun 05, Chief Executive Officer Farlekas Michael sold 13,000 shares at $5.37 apiece. The transaction was valued at $69,804.
Valuation Metrics
The stock’s beta is 0.68. Besides these, the trailing price-to-sales (P/S) ratio of 2.21, the price-to-book (PB) ratio of 0.66, and the price-to-cash flow ratio of 32.44 may also be considered.
Financial Health
In the three months ended May 31, E2open Parent Holdings Inc.’s quick ratio stood at 0.90, while its current ratio was 0.90, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending May 31 was 0.48, and the total debt-to-equity ratio was 0.48. On the profitability front, the trailing twelve-month gross margin is 50.30% percent. Based on annual data, ETWO earned $330.28 million in gross profit and brought in $652.22 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -19.50%. Return on equity (ROE) for the past 12 months was -37.80%.
In E2open Parent Holdings Inc.’s quarter-end financial report for May 31, it reported total debt of $1.04 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. ETWO’s revenue fell -0.16% to $166.27 million during the quarter, while net income inched up to $160.12 million. While analysts expected E2open Parent Holdings Inc. to report $0.05 quarterly earnings, the actual figure was $0.05 per share. During the quarter, the company generated $45.28 million in EBITDA. The liabilities of E2open Parent Holdings Inc. were 1.55 billion at the end of its most recent quarter ended May 31, and its total debt was $1.08 billion. The value of shareholders’ equity is $303.2 million.
Technical Picture
This quick technical analysis looks at E2open Parent Holdings Inc.’s (ETWO) price momentum. With a historical volatility rate of 31.74%, the RSI 9-day stood at 37.94% on 18 August.
With respect to its five-day moving average, the current E2open Parent Holdings Inc. price is down by -3.25% percent or -$0.16. At present, ETWO shares trade -3.83% below its 20-day simple moving average and -13.74% percent below its 100-day simple moving average. However, the stock is currently trading approximately -11.99% below its SMA50 and -18.18% below its SMA200.
Stochastic coefficient K was 33.19% and Stochastic coefficient D was 39.77%, while ATR was 0.16. Given the Stochastic reading of 20.41% for the 14-day period, the RSI (14) reading has been calculated as 39.93%. As of today, the MACD Oscillator reading stands at -0.10, while the 14-day reading stands at -0.14.
Analyst Ratings
E2open Parent Holdings Inc. downgraded its rating on E2open Parent Holdings Inc. (NYSE: ETWO) to a Hold in a note to investors on June 08, 2023. The analysts firm previously had a Buy rating on the stock.E2open Parent Holdings Inc. (ETWO) has been rated Hold by analysts. According to 0 brokerage firms, ETWO is a sell, and 5 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate E2open Parent Holdings Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $6.00, the current consensus forecast for the stock is $5.00 – $8.50. Based on these forecasts, analysts predict E2open Parent Holdings Inc. (ETWO) will achieve an average price target of $6.21.
