E2open Parent (ETWO) Scheduled to Post Quarterly Earnings on Monday

E2open Parent (NYSE:ETWO) is scheduled to be posting its quarterly earnings results after the market closes on Monday, April 29th. Analysts expect E2open Parent to post earnings of $0.04 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

E2open Parent Stock Up 0.8 %

ETWO stock opened at $3.96 on Monday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.64. The company’s 50 day moving average is $4.18 and its two-hundred day moving average is $3.83. The stock has a market cap of $1.21 billion, a P/E ratio of -0.92, a PEG ratio of 16.22 and a beta of 1.02. E2open Parent has a twelve month low of $2.15 and a twelve month high of $6.90.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ETWO. UBS Group lifted their target price on shares of E2open Parent from $4.00 to $4.50 and gave the company a “neutral” rating in a report on Wednesday, January 10th. Morgan Stanley began coverage on E2open Parent in a research report on Wednesday, January 17th. They issued an “equal weight” rating and a $4.00 price target on the stock. One equities research analyst has rated the stock with a sell rating and seven have given a hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $4.29.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. State of Wyoming acquired a new stake in shares of E2open Parent in the second quarter valued at approximately $25,000. Quantbot Technologies LP acquired a new position in shares of E2open Parent in the second quarter worth $35,000. Cubist Systematic Strategies LLC boosted its stake in shares of E2open Parent by 513.9% during the first quarter. Cubist Systematic Strategies LLC now owns 5,863 shares of the company’s stock valued at $34,000 after acquiring an additional 4,908 shares during the last quarter. Point72 Hong Kong Ltd purchased a new stake in E2open Parent during the 1st quarter worth about $61,000. Finally, Hsbc Holdings PLC acquired a new position in E2open Parent in the 4th quarter valued at about $48,000.

E2open Parent Company Profile

E2open Parent Holdings, Inc provides cloud-based and end-to-end supply chain management and orchestration SaaS platform in the Americas, Europe, and the Asia Pacific. Its software solutions orchestrate supply chains and realize value and return on investment for its blue-chip customers. The company's software combines networks, data, and applications to provide a platform that allows customers to optimize their channel and supply chain across channel shaping, demand sensing, business planning, global trade management, transportation and logistics, collaborative manufacturing, and supply management.