E2open Parent Holdings Inc [NYSE: ETWO] price surged by 1.01 percent to reach at $0.03.
The one-year ETWO stock forecast points to a potential upside of 19.73. The average equity rating for ETWO stock is currently 3.20, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on 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 $3.75 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 3.20. 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 0.13, with the Price to Sales ratio for ETWO stock in the period of the last 12 months amounting to 1.67. The Price to Book ratio for the last quarter was 0.65, with the Price to Cash per share for the same quarter was set at 0.46. Price to Free Cash Flow for ETWO in the course of the last twelve months was 18.57 with Quick ratio for the last quarter at 1.00.
ETWO Stock Performance Analysis:
E2open Parent Holdings Inc [ETWO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.94. With this latest performance, ETWO shares dropped by -2.59% in over the last four-week period, additionally sinking by -39.19% over the last 6 months – not to mention a drop of -14.49% 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 38.80, with the RSI for the last a single of trading hit 38.51, and the three-weeks RSI is set at 38.70 for E2open Parent Holdings Inc [ETWO]. The present Moving Average for the last 50 days of trading for this stock 3.57, while it was recorded at 3.00 for the last single week of trading, and 4.18 for the last 200 days.
Insight into E2open Parent Holdings Inc Fundamentals:
E2open Parent Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.
ETWO Stock EPS
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 13.80%.
E2open Parent Holdings Inc [ETWO] Institutonal Ownership Details
There are presently around $111.24%, or 115.47%% of ETWO stock, in the hands of institutional investors. The top three institutional holders of ETWO stocks are: INSIGHT HOLDINGS GROUP, LLC with ownership of 49.83 million shares, which is approximately 16.2458%. FRANCISCO PARTNERS MANAGEMENT, LP, holding 38.7 million shares of the stock with an approximate value of $$173.76 million in ETWO stocks shares; and FRANCISCO PARTNERS MANAGEMENT, LP, currently with $$137.43 million in ETWO stock with ownership which is approximately 9.9787%.
