E2open Parent Holdings Inc (ETWO): These Numbers Show Where NYSE:ETWO Stock Is Going Next

E2open Parent Holdings Inc (NYSE: ETWO) is -6.38% lower on its value in year-to-date trading and has touched a low of $2.15 and a high of $6.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ETWO stock was last observed hovering at around $3.94 in the last trading session, with the day’s gains setting it 0.17%.

Currently trading at $4.11, the stock is 8.23% and 4.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.96 million and changing 4.31% at the moment leaves the stock -6.25% off its SMA200. ETWO registered -37.25% loss for a year compared to 6-month loss of -16.63%. The firm has a 50-day simple moving average (SMA 50) of $3.47 and a 200-day simple moving average (SMA200) of -$1.69.

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The stock witnessed a 13.85% gain in the last 1 month and extending the period to 3 months gives it a 30.06%, and is 12.30% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.38% over the week and 4.34% over the month.

Fwd P/E is 22.80. Profit margin for the company is -202.58%. Distance from 52-week low is 91.16% and -40.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-50.53%).

E2open Parent Holdings Inc quarterly earnings per share for the current quarter are estimated at $0.04 with sales reaching $154.37M over the same period.The EPS is expected to shrink by -42.89% this year, but quarterly earnings will post -3.30% year-over-year. Quarterly sales are estimated to shrink -7.20% in year-over-year returns.

E2open Parent Holdings Inc (ETWO) Top Institutional Holders

180 institutions hold shares in E2open Parent Holdings Inc (ETWO), with institutional investors hold 116.57% of the company’s shares. The shares outstanding are 302.41M, and float is at 241.62M with Short Float at 6.20%. Institutions hold 112.57% of the Float.

The top institutional shareholder in the company is Insight Holdings Group, LLC with over 49.83 million shares valued at $279.05 million. The investor’s holdings represent 16.43% of the ETWO Shares outstanding. As of Jun 29, 2023, the second largest holder is Francisco Partners Management, LP with 38.69 million shares valued at $216.66 million to account for 12.76% of the shares outstanding. The other top investors are Neuberger Berman Group, LLC which holds 30.61 million shares representing 10.09% and valued at over $171.4 million, while Temasek Holdings (Private) Limited holds 9.64% of the shares totaling 29.25 million with a market value of $163.79 million.

E2open Parent Holdings Inc (ETWO) Insider Activity

A total of 6 insider transactions have happened at E2open Parent Holdings Inc (ETWO) in the last six months, with sales accounting for 4 and purchases happening 2 times. The most recent transaction is an insider sale by Farlekas Michael,the company’sChief Executive Officer. SEC filings show that Farlekas Michael sold 13,000 shares of the company’s common stock on Oct 05 at a price of $4.12 per share for a total of $53518.0. Following the sale, the insider now owns 0.2 million shares.

E2open Parent Holdings Inc disclosed in a document filed with the SEC on Sep 05 that Farlekas Michael (Chief Executive Officer) sold a total of 13,000 shares of the company’s common stock. The trade occurred on Sep 05 and was made at $4.83 per share for $62820.0. Following the transaction, the insider now directly holds 0.21 million shares of the ETWO stock.

Still, SEC filings show that on Aug 07, Farlekas Michael (Chief Executive Officer) disposed off 13,000 shares at an average price of $4.99 for $64862.0. The insider now directly holds 227,474 shares of E2open Parent Holdings Inc (ETWO).