E2open Parent (NYSE:ETWO) Issues FY 2021 Earnings Guidance

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E2open Parent (NYSE:ETWO) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided EPS guidance of – for the period. The company issued revenue guidance of $335 M-, compared to the consensus revenue estimate of $334.76 million.

A number of brokerages recently commented on ETWO. Loop Capital initiated coverage on shares of E2open Parent in a research report on Monday, April 26th. They issued a buy rating and a $13.00 target price on the stock. UBS Group assumed coverage on E2open Parent in a research note on Monday, March 29th. They set a neutral rating and a $12.00 price objective on the stock. Finally, The Goldman Sachs Group began coverage on E2open Parent in a research note on Monday, March 22nd. They issued a buy rating and a $13.00 target price for the company.

NYSE:ETWO traded down $0.05 during midday trading on Tuesday, reaching $10.81. 925,201 shares of the stock traded hands, compared to its average volume of 2,367,948. The business has a fifty day moving average of $10.20. E2open Parent has a 12 month low of $8.26 and a 12 month high of $11.97.

In other news, major shareholder Atalan Gp, Llc acquired 287,250 shares of the stock in a transaction dated Thursday, February 4th. The stock was purchased at an average cost of $11.03 per share, with a total value of $3,168,367.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

About E2open Parent

E2open Parent Holdings, Inc provides end-to-end and cloud-based supply chain management SaaS platform worldwide. The company's software solutions orchestrate complex global supply chains and drive compelling value and ROI 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, business planning, logistics, global trade, manufacturing, and supply management.

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