E2open Parent Holdings, Inc. (NYSE:ETWO – Get Rating) CEO Michael Farlekas sold 13,000 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $5.59, for a total value of $72,670.00. Following the sale, the chief executive officer now owns 282,478 shares in the company, valued at $1,579,052.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
E2open Parent Stock Up 4.5 %
ETWO stock opened at $5.84 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.77 and a current ratio of 0.77. The business has a 50 day moving average price of $5.89 and a two-hundred day moving average price of $6.92. E2open Parent Holdings, Inc. has a twelve month low of $4.89 and a twelve month high of $12.55.
E2open Parent (NYSE:ETWO – Get Rating) last released its quarterly earnings data on Tuesday, October 11th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The business had revenue of $160.68 million during the quarter. E2open Parent had a negative net margin of 63.61% and a positive return on equity of 2.29%. On average, sell-side analysts predict that E2open Parent Holdings, Inc. will post 0.27 EPS for the current year.
Hedge Funds Weigh In On E2open Parent
Analyst Ratings Changes
A number of analysts have weighed in on ETWO shares. Credit Suisse Group started coverage on E2open Parent in a research report on Friday, September 23rd. They issued an “underperform” rating on the stock. Craig Hallum cut their price target on E2open Parent to $10.50 in a research note on Thursday, October 13th. Finally, The Goldman Sachs Group started coverage on E2open Parent in a research note on Friday, October 21st. They issued a “neutral” rating and a $5.50 target price on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, E2open Parent currently has a consensus rating of “Hold” and a consensus target price of $10.25.
E2open Parent Company Profile
E2open Parent Holdings, Inc provides cloud-based and end-to-end supply chain management SaaS platform in the Americas, Europe, and the Asia Pacific. The company's software solutions orchestrate supply chains and realize value and return on investment for its blue-chip customers. Its software combines networks, data, and applications to provide a platform that allows customers to optimize their supply chain across channel shaping, demand sensing, business planning, global trade management, transportation and logistics, collaborative manufacturing, and supply management.
- Get a free copy of the StockNews.com research report on E2open Parent (ETWO)
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
- Institutional Support for Analog Devices Remains High
- Three CBD Stocks to Dominate a Budding Industry
- Microsoft Shares: Is it Time to Back Up the Truck?
- Is the 60/40 Portfolio Mix Still in Vogue?
Receive News & Ratings for E2open Parent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E2open Parent and related companies with MarketBeat.com's FREE daily email newsletter.