In the last trading session, 1.42 million E2open Parent Holdings Inc (NYSE:ETWO) shares changed hands as the company’s beta touched 1.01. With the company’s per share price at $2.08 changed hands at -$0.06 or -2.80% during last session, the market valuation stood at $707.28M. ETWO’s last price was a discount, traded about -143.75% off its 52-week high of $5.07. The share price had its 52-week low at $1.75, which suggests the last value was 15.87% up since then. When we look at E2open Parent Holdings Inc’s average trading volume, we note the 10-day average is 1.02 million shares, with the 3-month average coming to 1.11 million.
Analysts gave the E2open Parent Holdings Inc (ETWO) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.60. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended ETWO as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. E2open Parent Holdings Inc’s EPS for the current quarter is expected to be 0.05.
E2open Parent Holdings Inc (NYSE:ETWO) trade information
Instantly ETWO was in red as seen at the end of in last trading. With action 8.90%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -21.80%, with the 5-day performance at 8.90% in the green. However, in the 30-day time frame, E2open Parent Holdings Inc (NYSE:ETWO) is -7.96% down. Looking at the short shares, we see there were 7.88 million shares sold at short interest cover period of 6.63 days.
The consensus price target for the stock as assigned by Wall Street analysts is 4.5, meaning bulls need an upside of 53.78% from its current market value. According to analyst projections, ETWO’s forecast low is 4.2 with 4.5 as the target high. To hit the forecast high, the stock’s price needs a -116.35% plunge from its current level, while the stock would need to soar -101.92% for it to hit the projected low.
E2open Parent Holdings Inc (ETWO) estimates and forecasts
Year-over-year growth is forecast to reach -4.23% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 153.01M. 3 analysts are of the opinion that E2open Parent Holdings Inc’s revenue for the current quarter will be 147.76M. The company’s revenue for the corresponding quarters a year ago was 158.45M and 151.16M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.43%. The estimates for the next quarter sales put growth at -2.25%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -76.99%. The 2025 estimates are for E2open Parent Holdings Inc earnings to increase by 4.33%, but the outlook for the next 5-year period is at 4.84% per year.
ETWO Dividends
E2open Parent Holdings Inc is expected to release its next quarterly earnings report on 2025-Jan-09.
E2open Parent Holdings Inc (NYSE:ETWO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.74% of E2open Parent Holdings Inc shares while 107.97% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 112.17%. There are 107.97% institutions holding the E2open Parent Holdings Inc stock share, with INSIGHT HOLDINGS GROUP, LLC the top institutional holder. As of 2024-06-30, the company held 16.2458% of the shares, roughly 49.83 million ETWO shares worth $223.74 million.
FRANCISCO PARTNERS MANAGEMENT, LP holds the second largest percentage of outstanding shares, with 12.6169% or 38.7 million shares worth $173.76 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 7.95 shares estimated at $16.54 million under it, the former controlled 2.57% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 2.04% of the shares, roughly 6.3 shares worth around $13.1 million.
