E2open Parent Holdings Inc [NYSE: ETWO] surged by $0.12 during the normal trading session on while it closed the day at $4.92.
E2open Parent Holdings Inc stock has also gained 1.44% of its value over the past 7 days. However, ETWO stock has inclined by 27.46% in the 3 months of the year. Over the past six months meanwhile, it has gained 56.69% and gained 12.07% year-on date.
The market cap for ETWO stock reached $1.52 billion, with 306.06 million shares outstanding and 242.64 million shares in the current float. Compared to the average trading volume of 1.83M shares, ETWO reached a trading volume of 7707135 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about E2open Parent Holdings Inc [ETWO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ETWO shares is $4.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ETWO stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for E2open Parent Holdings Inc shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on January 17, 2024. While these analysts kept the previous recommendation, Redburn Atlantic dropped their target price from $8.50 to $4. The new note on the price target was released on October 12, 2023, representing the official price target for E2open Parent Holdings Inc stock. Previously, the target price had yet another drop from $7 to $5, while Loop Capital kept a Hold rating on ETWO stock.
The Average True Range (ATR) for E2open Parent Holdings Inc is set at 0.22, with the Price to Sales ratio for ETWO stock in the period of the last 12 months amounting to 2.40. The Price to Book ratio for the last quarter was 1.03, with the Price to Cash per share for the same quarter was set at 0.48. Price to Free Cash Flow for ETWO in the course of the last twelve months was 27.41 with Quick ratio for the last quarter at 0.98.
ETWO stock trade performance evaluation
E2open Parent Holdings Inc [ETWO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.44. With this latest performance, ETWO shares gained by 20.00% in over the last four-week period, additionally plugging by 56.69% over the last 6 months – not to mention a rise of 10.81% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ETWO stock in for the last two-week period is set at 68.33, with the RSI for the last a single of trading hit 73.69, and the three-weeks RSI is set at 64.57 for E2open Parent Holdings Inc [ETWO]. The present Moving Average for the last 50 days of trading for this stock 4.29, while it was recorded at 4.81 for the last single week of trading, and 4.12 for the last 200 days.
E2open Parent Holdings Inc [ETWO]: An insightful look at the core fundamentals
E2open Parent Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.98 and a Current Ratio set at 0.98.
Earnings per share (EPS) analysis for E2open Parent Holdings Inc [ETWO] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ETWO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for E2open Parent Holdings Inc go to 12.15%.
E2open Parent Holdings Inc [ETWO]: Institutional Ownership
The top three institutional holders of ETWO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in ETWO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in ETWO stock with ownership which is approximately 5.8386%.
