Share on StockTwits

Shares of E2open (NASDAQ:EOPN) have received an average rating of “Buy” from the nine analysts that are covering the company, Analyst Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $24.51.

In other E2open news, Director Nicholas G. Moore sold 54,998 shares of E2open stock on the open market in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $15.46, for a total value of $850,269.08. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of E2open (NASDAQ:EOPN) opened at 14.95 on Friday. E2open has a 52 week low of $14.21 and a 52 week high of $29.82. The stock’s 50-day moving average is $16.36 and its 200-day moving average is $19.83. The company’s market cap is $435.0 million.

E2open (NASDAQ:EOPN) last posted its quarterly earnings results on Thursday, July 10th. The company reported ($0.14) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.01. The company had revenue of $19.60 million for the quarter, compared to the consensus estimate of $19.48 million. During the same quarter last year, the company posted ($0.15) earnings per share. E2open’s revenue was up 21.7% compared to the same quarter last year. Analysts expect that E2open will post $-0.53 EPS for the current fiscal year.

A number of research firms have recently commented on EOPN. Analysts at Zacks upgraded shares of E2open from an “underperform” rating to a “neutral” rating in a research note on Thursday, August 14th. They now have a $16.10 price target on the stock. Finally, analysts at Bank of America downgraded shares of E2open from a “buy” rating to a “neutral” rating in a research note on Monday, July 14th. They now have a $21.50 price target on the stock, down previously from $23.50.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.