E2open Parent (NYSE:ETWO) Announces Earnings Results

E2open Parent (NYSE:ETWO) released its quarterly earnings results on Wednesday. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01), Yahoo Finance reports. E2open Parent had a negative net margin of 125.24% and a positive return on equity of 3.36%. The firm had revenue of $151.16 million for the quarter, compared to analysts’ expectations of $155.48 million. During the same period in the previous year, the company posted $0.05 earnings per share. E2open Parent updated its FY 2025 guidance to EPS.

E2open Parent Trading Down 0.7 %

Shares of ETWO traded down $0.03 during midday trading on Friday, reaching $4.11. The company had a trading volume of 39,945 shares, compared to its average volume of 1,941,279. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. E2open Parent has a 1-year low of $2.15 and a 1-year high of $5.39. The firm has a 50 day simple moving average of $4.64 and a 200-day simple moving average of $4.30. The stock has a market cap of $1.40 billion, a PE ratio of -1.60, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92.

Analysts Set New Price Targets

Several analysts have commented on ETWO shares. The Goldman Sachs Group decreased their price objective on shares of E2open Parent from $4.50 to $4.00 and set a “neutral” rating for the company in a research note on Thursday. UBS Group cut their price target on E2open Parent from $4.50 to $4.20 and set a “neutral” rating on the stock in a research report on Thursday.

About E2open Parent

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 SaaS platform includes various key strategic and operational areas, including omni-channel, demand sensing, supply planning, global trade management, transportation and logistics and manufacturing and supply management.