In the last trading session, 3,160,000,000 shares of the E2open Parent Holdings, Inc. (NYSE:ETWO) were traded, and its beta was 0. Most recently the company’s share price was $10.46, and it changed around -$0.01 or 0% from the last close, which brings the market valuation of the company to $2.33 Billion. ETWO currently trades at a discount to its 52-week high of $11.97, offering almost -14.44% off that amount. The share price’s 52-week low was $8.26, which indicates that the current value has risen by an impressive 21.03% since then. We note from E2open Parent Holdings, Inc.’s average daily trading volume that its 10-day average is 1.97 Million shares, with the 3-month average coming to 2.65 Million.
E2open Parent Holdings, Inc. stock received a consensus recommendation rating of Overweight, based on a mean score of 2.3. If we narrow it down even further, the data shows that none out of 3 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 1 recommended ETWO as a Hold, whereas 2 deemed it a Buy, and no one rated it as Underweight. E2open Parent Holdings, Inc. is expected to report earnings per share of -$0.06 for the current quarter.
E2open Parent Holdings, Inc. (NYSE:ETWO): Trading Information
Although ETWO has showed a red trend with a performance of -0.1% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $10.64 on Monday, Apr 05 increased the stock’s daily price by 1.69%. The company’s shares are currently down -0.04% year-to-date, but still up 0.0513 over the last five days. On the other hand, E2open Parent Holdings, Inc. (NYSE:ETWO) is 0.15% up in the 30-day period. We can see from the shorts that 11.12 Million shares have been sold at a short interest cover period of 4.2 day (s).
The consensus price target as assigned by Wall Street analysts is $13.33, which translates to bears needing to increase their stock price by 27.44% from its current value. Analyst projections state that ETWO is forecast to be at a low of $12 and a high of $15. In order for the stock price to hit the forecast high, the stock would need to surge +43.4% from its current level, while the stock would need to crash 14.72% from its current level to reach the projected low.
E2open Parent Holdings, Inc. (ETWO) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. E2open Parent Holdings, Inc. earnings are expected to decrease by 0% in 2021, but the outlook is negative 0% per year for the next five years.
E2open Parent Holdings, Inc. (NYSE:ETWO)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 22.22% of E2open Parent Holdings, Inc. shares, and 44.6% of them are in the hands of institutional investors. The stock currently has a share float of 57.35%. E2open Parent Holdings, Inc. stock is held by 79 institutions, with Alyeska Investment Group, L.P. being the largest institutional investor. By Dec 30, 2020, it held 2.5% of the shares, which is about 4.67 Million shares worth $50.61 Million.
Alpine Global Management, LLC, with 1.47% or 2.76 Million shares worth $29.9 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
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John Hancock Small Cap Core Fd and Merger Fund, The were the top two Mutual Funds as of Jan 30, 2021. The former held 901109 shares worth $9.34 Million, making up 0.48% of all outstanding shares. On the other hand, Merger Fund, The held roughly 743.46 Thousand shares worth around $8.06 Million, which represents about 0.4% of the total shares outstanding.