The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, E2open Parent Holdings Inc (NYSE: ETWO) closed at $4.86 up 0.21% from its previous closing price of $4.85. In other words, the price has increased by $0.21 from its previous closing price. On the day, 1.68 million shares were traded. ETWO stock price reached its highest trading level at $5.03 during the session, while it also had its lowest trading level at $4.775.
Ratios:
For a deeper understanding of E2open Parent Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.08. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 0.73 whereas as Long-Term Debt/Eq ratio is at 0.71.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1489716480 and an Enterprise Value of 2533494784. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 8.089 whereas that against EBITDA is 71.412.
Stock Price History:
The Beta on a monthly basis for ETWO is 0.95, which has changed by 0.107061505 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 15.68%, while the 200-Day Moving Average is calculated to be 17.81%.
Shares Statistics:
For the past three months, ETWO has traded an average of 1.80M shares per day and 1672080 over the past ten days. A total of 306.06M shares are outstanding, with a floating share count of 242.64M. Insiders hold about 21.70% of the company’s shares, while institutions hold 79.46% stake in the company. Shares short for ETWO as of 1713139200 were 13772228 with a Short Ratio of 7.63, compared to 1710460800 on 15954597. Therefore, it implies a Short% of Shares Outstanding of 13772228 and a Short% of Float of 6.68.
Earnings Estimates
Current recommendations for the stock of the company come from 4.0 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 $0.03, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.04, with high estimates of $0.05 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.22 and $0.17 for the fiscal current year, implying an average EPS of $0.19. EPS for the following year is $0.22, with 5.0 analysts recommending between $0.3 and $0.17.
Revenue Estimates
For the next quarter, 5 analysts are estimating revenue of $157.15M. There is a high estimate of $158.28M for the next quarter, whereas the lowest estimate is $155.56M.
A total of 7 analysts have provided revenue estimates for ETWO’s current fiscal year. The highest revenue estimate was $669.11M, while the lowest revenue estimate was $611.1M, resulting in an average revenue estimate of $637.62M. In the same quarter a year ago, actual revenue was $634.55MBased on 6 analysts’ estimates, the company’s revenue will be $671.15M in the next fiscal year. The high estimate is $720.59M and the low estimate is $626.14M.
