Market Recap Check: E2open Parent Holdings Inc (ETWO)’s Negative Finish at 2.58, Up/Down -3.01

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The price of E2open Parent Holdings Inc (NYSE: ETWO) closed at $2.58 in the last session, down -3.01% from day before closing price of $2.66. In other words, the price has decreased by -$3.01 from its previous closing price. On the day, 0.7 million shares were traded.

Ratios:

We take a closer look at ETWO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.93. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.96.

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 the company, Goldman on December 11, 2024, Downgraded its rating to Sell and sets its target price to $2.90 from $3.50 previously.

On January 17, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $4.

Redburn Atlantic Downgraded its Overweight to Neutral on October 12, 2023, whereas the target price for the stock was revised from $8.50 to $4.

Stock Price History:

Over the past 52 weeks, ETWO has reached a high of $5.07, while it has fallen to a 52-week low of $2.49. The 50-Day Moving Average of the stock is -6.86%, while the 200-Day Moving Average is calculated to be -31.78%.

Shares Statistics:

A total of 309.17M shares are outstanding, with a floating share count of 236.12M. Insiders hold about 24.49% of the company’s shares, while institutions hold 77.70% stake in the company.

Earnings Estimates

A detailed examination of E2open Parent Holdings Inc (ETWO) is currently in progress, with 3.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.05, with high estimates of $0.05 and low estimates of $0.04.

Analysts are recommending an EPS of between $0.18 and $0.13 for the fiscal current year, implying an average EPS of $0.16. EPS for the following year is $0.2, with 3.0 analysts recommending between $0.21 and $0.18.

Revenue Estimates

According to 4 analysts, the current quarter’s revenue is expected to be $153.01M. It ranges from a high estimate of $153.3M to a low estimate of $152.78M. As of the current estimate, E2open Parent Holdings Inc’s year-ago sales were $158.45MFor the next quarter, 4 analysts are estimating revenue of $147.76M. There is a high estimate of $148.26M for the next quarter, whereas the lowest estimate is $146.8M.

A total of 5 analysts have provided revenue estimates for ETWO’s current fiscal year. The highest revenue estimate was $608.31M, while the lowest revenue estimate was $607.52M, resulting in an average revenue estimate of $607.92M. In the same quarter a year ago, actual revenue was $634.55MBased on 5 analysts’ estimates, the company’s revenue will be $617.44M in the next fiscal year. The high estimate is $641.61M and the low estimate is $602.7M.

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