After finishing at $4.16 in the prior trading day, E2open Parent Holdings Inc (NYSE: ETWO) closed at $4.35, up 4.57%. In other words, the price has increased by $+0.1900 from its previous closing price. On the day, 664211 shares were traded. ETWO stock price reached its highest trading level at $4.3700 during the session, while it also had its lowest trading level at $4.1450.
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Ratios:
Our goal is to gain a better understanding of ETWO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.03. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Morgan Stanley on January 17, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $4.
On October 12, 2023, Redburn Atlantic Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $8.50 to $4.
Loop Capital Downgraded its Buy to Hold on June 08, 2023, whereas the target price for the stock was revised from $7 to $5.
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 Oct 05 ’23 when Farlekas Michael sold 13,000 shares for $4.12 per share. The transaction valued at 53,518 led to the insider holds 201,474 shares of the business.
Farlekas Michael sold 13,000 shares of ETWO for $62,820 on Sep 05 ’23. The Chief Executive Officer now owns 214,474 shares after completing the transaction at $4.83 per share. On Aug 07 ’23, another insider, Farlekas Michael, who serves as the Chief Executive Officer of the company, sold 13,000 shares for $4.99 each. As a result, the insider received 64,862 and left with 227,474 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ETWO now has a Market Capitalization of 1.33B and an Enterprise Value of 2.30B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 3.58 whereas that against EBITDA is -1.75.
Stock Price History:
Over the past 52 weeks, ETWO has reached a high of $6.90, while it has fallen to a 52-week low of $2.15. The 50-Day Moving Average of the stock is 4.0494, while the 200-Day Moving Average is calculated to be 4.2656.
Shares Statistics:
The stock has traded on average 1.96M shares per day over the past 3-months and 2.29M shares per day over the last 10 days, according to various share statistics. A total of 302.41M shares are outstanding, with a floating share count of 242.18M. Insiders hold about 21.72% of the company’s shares, while institutions hold 79.78% stake in the company. Shares short for ETWO as of Feb 29, 2024 were 16.1M with a Short Ratio of 8.16, compared to 14.98M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.26% and a Short% of Float of 7.81%.
Earnings Estimates
Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.05 and a low estimate of $0.04, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.04, with high estimates of $0.05 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.18 and $0.16 for the fiscal current year, implying an average EPS of $0.17. EPS for the following year is $0.19, with 5 analysts recommending between $0.22 and $0.14.
Revenue Estimates
4 analysts predict $155.74M in revenue for the current quarter. It ranges from a high estimate of $159.49M to a low estimate of $153.62M. As of the current estimate, E2open Parent Holdings Inc’s year-ago sales were $166.26M, an estimated decrease of -6.30% from the year-ago figure.
A total of 6 analysts have provided revenue estimates for ETWO’s current fiscal year. The highest revenue estimate was $633.05M, while the lowest revenue estimate was $629.73M, resulting in an average revenue estimate of $631.21M. In the same quarter a year ago, actual revenue was $652.22M, down -3.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $637.82M in the next fiscal year. The high estimate is $669.11M and the low estimate is $611.1M. The average revenue growth estimate for next year is up 1.00% from the average revenue estimate for this year.
