E2open Parent Holdings Inc (NYSE: ETWO) is -1.13% lower on its value in year-to-date trading and has touched a low of $2.50 and a high of $5.07 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 $2.55 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $2.63, the stock is -0.23% and -8.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.24 million and changing 3.14% at the moment leaves the stock -32.62% off its SMA200. ETWO registered -32.56% loss for a year compared to 6-month loss of -44.28%. The firm has a 50-day simple moving average (SMA 50) of $2.9044 and a 200-day simple moving average (SMA200) of $3.91175.
The stock witnessed a -3.31% gain in the last 1 month and extending the period to 3 months gives it a -13.49%, and is 1.54% 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 4.40% over the week and 4.86% over the month.
E2open Parent Holdings Inc (ETWO) has around 3916 employees, a market worth around $903.17M and $613.46M in sales. Fwd P/E is 22.62. Profit margin for the company is -74.63%. Distance from 52-week low is 5.20% and -48.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.43%).
with sales reaching $153.01M over the same period.The EPS is expected to shrink by -161.80% this year, but quarterly earnings will post -4.20% year-over-year. Quarterly sales are estimated to shrink -3.43% in year-over-year returns.
199.0 institutions hold shares in E2open Parent Holdings Inc (ETWO), with institutional investors hold 115.56% of the company’s shares. The shares outstanding are 309.17M, and float is at 236.12M with Short Float at 4.58%. Institutions hold 111.33% of the Float.
The top institutional shareholder in the company is INSIGHT HOLDINGS GROUP, LLC with over 49.83 million shares valued at $223.74 million. The investor’s holdings represent 16.2458 of the ETWO Shares outstanding. As of 2024-06-30, the second largest holder is FRANCISCO PARTNERS MANAGEMENT, LP with 38.7 million shares valued at $173.76 million to account for 12.6169 of the shares outstanding. The other top investors are NEUBERGER BERMAN GROUP LLC which holds 30.61 million shares representing 9.9787 and valued at over $137.43 million, while TEMASEK HOLDINGS (PRIVATE) LTD holds 9.5354 of the shares totaling 29.25 million with a market value of $131.32 million.
