E2open Parent Holdings Inc (NYSE: ETWO) is -19.17% lower on its value in year-to-date trading and has touched a low of $1.75 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 $1.87 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $2.15, the stock is 0.70% and -8.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.55 million and changing 14.97% at the moment leaves the stock -35.41% off its SMA200. ETWO registered -50.69% loss for a year compared to 6-month loss of -45.15%. The firm has a 50-day simple moving average (SMA 50) of $2.352 and a 200-day simple moving average (SMA200) of $3.32845.
The stock witnessed a -1.83% gain in the last 1 month and extending the period to 3 months gives it a -21.25%, and is 3.86% 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 11.89% over the week and 7.35% over the month.
E2open Parent Holdings Inc (ETWO) has around 3916 employees, a market worth around $738.34M and $613.46M in sales. Fwd P/E is 11.01. Profit margin for the company is -74.63%. Distance from 52-week low is 22.86% and -57.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.43%).
The EPS is expected to grow by 4.33% this year
191.0 institutions hold shares in E2open Parent Holdings Inc (ETWO), with institutional investors hold 112.26% of the company’s shares. The shares outstanding are 309.17M, and float is at 235.65M with Short Float at 3.58%. Institutions hold 108.07% 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.
