By Brad Lamensdorf of Ranger Equity Bear and Eric Fernandez, CFA of Two Rivers Analytics, Inc.
Close the door on E2open
It's time for investors to close the door on E2open (NASDAQ:EOPN). This company has benefited from cloud-mania for long enough. Its deteriorating business is masked by the company's accounting. The company has not been profitable for years, has negative free cash flows and shows deteriorating margins. The executives take increasing amounts of stock-based compensation. The stock, while down 46% over the past four months, is still very expensive. We are short and we recommend shorting the stock to other investors.
Description & BackgroundE2open provides cloud-based, collaboration software solutions for supply chain networks. Its products include supply...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|