E2open Parent Holdings Inc. (ETWO) stock is nearly perfect except the valuation

E2open Parent Holdings Inc. (NYSE: ETWO) closed the day trading at 6.66 up 0.15% from the previous closing price of $6.65. In other words, the price has increased by $+0.01 from its previous closing price. On the day, 1253508 shares were traded. ETWO reached its highest trading level at $6.85 during the session, while it also had its lowest trading level at $6.61.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored

Ratios:

For a better understanding of ETWO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.33.

Upgrades & Downgrades

On March 23, 2022, Colliers Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $13.

On January 25, 2022, Craig Hallum started tracking the stock assigning a Buy rating and target price of $14.Craig Hallum initiated its Buy rating on January 25, 2022, with a $14 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 09 when Hantman Peter sold 25,000 shares for $7.03 per share. The transaction valued at 175,628 led to the insider holds 91,195 shares of the business.

Hantman Peter sold 21,578 shares of ETWO for $152,349 on Aug 03. The Chief Operating Officer now owns 116,195 shares after completing the transaction at $7.06 per share. On Aug 01, another insider, Hantman Peter, who serves as the Chief Operating Officer of the company, sold 3,422 shares for $7.00 each. As a result, the insider received 23,956 and left with 137,773 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 3.89 while its Price-to-Book (P/B) ratio in mrq is 0.64.

Stock Price History:

Over the past 52 weeks, ETWO has reached a high of $13.32, while it has fallen to a 52-week low of $6.07. The 50-Day Moving Average of the stock is 7.01, while the 200-Day Moving Average is calculated to be 8.41.

Shares Statistics:

Over the past 3-months, ETWO traded about 1.90M shares per day on average, while over the past 10 days, ETWO traded about 1.99M shares per day. A total of 303.63M shares are outstanding, with a floating share count of 237.72M. Shares short for ETWO as of Jul 14, 2022 were 15.05M with a Short Ratio of 7.95, compared to 14.93M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 4.99% and a Short% of Float of 8.74%.

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.06 and a low estimate of $0.06, while EPS last year was $-0.11. The consensus estimate for the next quarter is $0.09, with high estimates of $0.11 and low estimates of $0.07.

Analysts are recommending an EPS of between $0.27 and $0.27 for the fiscal current year, implying an average EPS of $0.27. EPS for the following year is $0.36, with 1 analysts recommending between $0.36 and $0.36.

Revenue Estimates

A total of 2 analysts have provided revenue estimates for ETWO’s current fiscal year. The highest revenue estimate was $672.14M, while the lowest revenue estimate was $671.61M, resulting in an average revenue estimate of $671.87M. In the same quarter a year ago, actual revenue was $425.56M, up 57.90% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $750.74M in the next fiscal year. The high estimate is $764.5M and the low estimate is $742.57M. The average revenue growth estimate for next year is up 11.70% from the average revenue estimate for this year.