E2OPEN Stock Rating Reaffirmed by Northland Securities (EOPN)
E2OPEN (NASDAQ:EOPN)‘s stock had its “buy” rating restated by equities researchers at Northland Securities in a research report issued on Tuesday, StockRatingsNetwork.com reports. They currently have a $25.00 price objective on the stock. Northland Securities’ price target indicates a potential upside of 12.61% from the company’s current price.
E2OPEN (NASDAQ:EOPN) traded down 0.89% during mid-day trading on Tuesday, hitting $22.20. 169,807 shares of the company’s stock traded hands. E2OPEN has a 52-week low of $12.27 and a 52-week high of $25.86. The stock has a 50-day moving average of $21.75 and a 200-day moving average of $18.30. The company’s market cap is $568.6 million.
E2OPEN (NASDAQ:EOPN) last issued its quarterly earnings data on Thursday, July 11th. The company reported ($0.15) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.20) by $0.05. The company had revenue of $15.60 million for the quarter, compared to the consensus estimate of $15.75 million. E2OPEN’s revenue was down 11.4% compared to the same quarter last year. On average, analysts predict that E2OPEN will post $-0.34 earnings per share for the current fiscal year.
A number of other firms have also recently commented on EOPN. Analysts at Benchmark Co. raised their price target on shares of E2OPEN (NASDAQ:EOPN) from $21.00 to $27.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Northland Capital Partners initiated coverage on shares of E2OPEN (NASDAQ:EOPN) in a research note to investors on Tuesday, August 13th. They set an “outperform” rating and a $25.00 price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of E2OPEN (NASDAQ:EOPN) in a research note to investors on Friday, July 12th. They now have a $20.00 price target on the stock, up previously from $18.00. Six analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average price target of $22.50.
E2open, Inc is a provider of cloud-based, on-demand software solutions. The Company’s software applications allow network participants to input, access and share data and execute business processes across internal operating units and external entities.
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