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E2open Parent Holdings Inc. (ETWO):Buy today, is the recommendation of the stock’s medium term indicators

How have the shares performed?

E2open Parent Holdings Inc. (ETWO) saw downtrend of -0.87% in the recent trading with $12.55 being its most recent. The current price level -13.92% lower than the highest price of $14.58 marked by the stock while trading over the past 52-weeks, whereas it is 51.94% higher than the lowest price of $8.26 the company dropped to over past 52-weeks. The latest news story on ETWO appeared in Business Wire under the title “E2open to Report Financial Results for the First Quarter of Fiscal Year 2022” on Jun-16-21.


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Squeezing the time span to 30 day period shows us the stock is currently trading -13.92% below one month high and is +22.08% above of the lowest during that time. Looking into the simple moving average, E2open Parent Holdings Inc. (ETWO)’s stock stands at a SMA-50 of $11.49 while that of 5-day is reading $13.09.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and ETWO’s SMA-200 as of now is $10.59.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 3 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.30 for the stock.

E2open Parent Holdings Inc. Earnings – What Happened With ETWO

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $80.99 billion while analysts on average were estimating the same to be $80.99 million.

ETWO – E2open Parent Holdings Inc. Stock Earnings Estimates

3 analysts covering the stock at Wall Street were agreed upon that EPS consensus.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 231.35 million. ETWO does have institutional investors; and they hold 50.44% of the stock.

E2open Parent Holdings Inc. – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 20 new insider purchases involving 8,351,890 shares. On the other hand, ETWO declared 17,747,900 shares have been sold in 4 insider transactions over the past three months.

As on Mar 30, 2021, Insight Holdings Group, Llc was the top most holder in E2open Parent Holdings Inc. (NYSE:ETWO) with an ownership of 44.68 million shares of the company or 23.89% of the stake worth $445.02 million. The filing also reveals Elliott Investment Management L.P. as the second largest holder in the company with a control over 13.46% of the outstanding shares. Its stake is worth $250.7 million for having 25.17 million shares in hand.

Neuberger Berman Group, LLC also came holding a key position in the company during the recent quarter and it now holds 10.98% of the outstanding shares. With this there are now 98 institutions which have possession in ETWO’s shares.

Currently, the stock has been recommended as Moderate Buy by 3 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.30 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by E2open Parent Holdings Inc. was 1.81 while posting a debt to equity ratio of 0.25. The count was 24.44 for long-term debt to equity ratio.

E2open Parent Holdings Inc.’s return on equity, or ROE, is -5.00%, compared to the industry average of 4.84% for Technology – Software – Infrastructure. Although this indicates that ETWO fails to use its equity well, the metric will vary significantly depending on the industry.

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Technical Analysis of E2open Parent Holdings Inc. (NYSE:ETWO) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for E2open Parent Holdings Inc. (ETWO), we notice that the stock’s 20-day average volume is at 2,209,395 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 1,731,288 shares. And to end, ETWO’s 100-day average volume is 2,160,979 shares with 100% of the long-term indicators pointing towards Buy for the stock.

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