8x8 Common Stock Stock Analysis

EGHT Stock  USD 2.21  0.17  7.14%   
8x8 Common Stock is undervalued with Real Value of 2.75 and Target Price of 4.55. The main objective of 8x8 Common stock analysis is to determine its intrinsic value, which is an estimate of what 8x8 Common Stock is worth, separate from its market price. There are two main types of 8x8 Common's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect 8x8 Common's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of 8x8 Common's stock to identify patterns and trends that may indicate its future price movements.
The 8x8 Common stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. 8x8 Common is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. 8x8 Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and 8x8 Common's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 8x8 Common Stock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

8x8 Stock Analysis Notes

About 93.0% of the company shares are held by institutions such as insurance companies. The book value of 8x8 Common was currently reported as 1.36. The company has Price/Earnings To Growth (PEG) ratio of 0.53. 8x8 Common Stock recorded a loss per share of 0.45. The entity had not issued any dividends in recent years. 8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface Software-as-a-Service solutions for small and mid-size businesses, mid-market and larger enterprises, government agencies, and other organizations worldwide. The company was incorporated in 1987 and is headquartered in Campbell, California. 8X8 operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 2216 people. To learn more about 8x8 Common Stock call Vikram Verma at 408 727 1885 or check out https://www.8x8.com.

8x8 Common Quarterly Total Revenue

181.01 Million

8x8 Common Stock Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. 8x8 Common's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding 8x8 Common Stock or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
8x8 Common Stock generated a negative expected return over the last 90 days
8x8 Common Stock has high historical volatility and very poor performance
8x8 Common Stock has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 743.94 M. Net Loss for the year was (73.14 M) with profit before overhead, payroll, taxes, and interest of 390.57 M.
8x8 Common Stock has a poor financial position based on the latest SEC disclosures
Over 93.0% of the company shares are held by institutions such as insurance companies
Latest headline from businesswire.com: 8x8s Latest Platform Innovations Enable Organizations to Bridge Customer Experience Gaps and Deliver Superior End-to-end Customer Engagement

8x8 Common Stock Upcoming and Recent Events

Earnings reports are used by 8x8 Common to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to 8x8 Common previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
31st of January 2024
Upcoming Quarterly Report
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9th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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9th of May 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of March 2023
Last Financial Announcement
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8x8 Largest EPS Surprises

Earnings surprises can significantly impact 8x8 Common's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-08-04
2021-06-300.0040.010.006150 
2008-10-30
2008-09-300.017.0E-4-0.009393 
2022-10-27
2022-09-300.040.050.0125 
View All Earnings Estimates

8x8 Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as 8x8 Common is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 8x8 Common Stock backward and forwards among themselves. 8x8 Common's institutional investor refers to the entity that pools money to purchase 8x8 Common's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2023-12-31
2.6 M
D. E. Shaw & Co Lp2023-09-30
2.4 M
Morgan Stanley - Brokerage Accounts2023-12-31
2.2 M
Invenomic Capital Management, Lp2023-12-31
2.1 M
B. Riley Asset Management, Llc2023-12-31
1.9 M
Arrowstreet Capital Limited Partnership2023-12-31
1.6 M
S Squared Technology, Llc2023-12-31
1.5 M
Great West Life Assurance Co2023-12-31
1.4 M
Two Sigma Investments Llc2023-12-31
1.4 M
Sylebra Capital Llc2023-12-31
14.4 M
Sylebra Hk Co Ltd2023-09-30
14.4 M
Note, although 8x8 Common's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

8x8 Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 293.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate 8x8 Common's market, we take the total number of its shares issued and multiply it by 8x8 Common's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

8x8 Profitablity

8x8 Common's profitability indicators refer to fundamental financial ratios that showcase 8x8 Common's ability to generate income relative to its revenue or operating costs. If, let's say, 8x8 Common is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, 8x8 Common's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of 8x8 Common's profitability requires more research than a typical breakdown of 8x8 Common's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.07) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.25) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.25.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.14)(0.15)
Return On Capital Employed(0.1)(0.10)
Return On Assets(0.08)(0.08)
Return On Equity(0.66)(0.69)

Management Efficiency

Return On Tangible Assets is likely to drop to -0.15 in 2024. Return On Capital Employed is likely to drop to -0.1 in 2024. At this time, 8x8 Common's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1 B in 2024, despite the fact that Change To Liabilities is likely to grow to (21 M). 8x8 Common's management efficiency ratios could be used to measure how well 8x8 Common manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 0.78  1.16 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(2.72)(2.58)
Enterprise Value Over EBITDA(60.45)(57.42)
Price Book Value Ratio 4.36  5.06 
Enterprise Value Multiple(60.45)(57.42)
Price Fair Value 4.36  5.06 
Enterprise Value3.7 B3.9 B
The analysis of 8x8 Common's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze 8x8 Common's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of 8x8 Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.431

Technical Drivers

As of the 1st of May, 8x8 Common owns the Market Risk Adjusted Performance of (0.89), variance of 18.77, and Information Ratio of (0.13). 8x8 Common Stock technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We have analyze and collected data for thirteen technical drivers for 8x8 Common, which can be compared to its peers in the sector. Please confirm 8x8 Common Stock market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if 8x8 Common Stock is priced favorably, providing market reflects its prevailing price of 2.21 per share. Please also double-check 8x8 Common jensen alpha, which is currently at (0.55) to validate the company can sustain itself at some point in the future.

8x8 Common Stock Price Movement Analysis

Execute Study
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. 8x8 Common middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for 8x8 Common Stock. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

8x8 Common Stock Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific 8x8 Common insiders, such as employees or executives, is commonly permitted as long as it does not rely on 8x8 Common's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases 8x8 Common insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

8x8 Common Predictive Daily Indicators

8x8 Common intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of 8x8 Common stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

8x8 Common Corporate Filings

F4
17th of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
8th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
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8K
21st of March 2024
Report filed with the SEC to announce major events that shareholders should know about
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8K
20th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
19th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
20th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
16th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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13A
14th of February 2024
An amended filing to the original Schedule 13G
ViewVerify

8x8 Common Forecast Models

8x8 Common's time-series forecasting models are one of many 8x8 Common's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary 8x8 Common's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About 8x8 Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how 8x8 Common prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling 8x8 shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as 8x8 Common. By using and applying 8x8 Stock analysis, traders can create a robust methodology for identifying 8x8 entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.09)(0.09)
Operating Profit Margin(0.08)(0.08)
Net Loss(0.09)(0.09)
Gross Profit Margin 0.61  0.48 

Current 8x8 Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. 8x8 analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. 8x8 analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
4.55Buy13Odds
8x8 Common Stock current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most 8x8 analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand 8x8 stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of 8x8 Common Stock, talking to its executives and customers, or listening to 8x8 conference calls.
8x8 Analyst Advice Details

8x8 Stock Analysis Indicators

8x8 Common Stock stock analysis indicators help investors evaluate how 8x8 Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading 8x8 Common shares will generate the highest return on investment. By understating and applying 8x8 Common stock analysis, traders can identify 8x8 Common position entry and exit signals to maximize returns.
Begin Period Cash Flow100.7 M
Long Term Debt428.8 M
Common Stock Shares Outstanding116 M
Total Stockholder Equity99.9 M
Total Cashflows From Investing ActivitiesM
Tax Provision2.8 M
Property Plant And Equipment Net110.3 M
Cash And Short Term Investments137.6 M
Cash111.4 M
Accounts Payable45.9 M
Net Debt457.5 M
50 Day M A2.5882
Total Current Liabilities229 M
Other Operating Expenses810.2 M
Non Current Assets Total568.7 M
Forward Price Earnings14.245
Common Stock Total Equity115 K
Non Currrent Assets Other84.4 M
Stock Based Compensation89.5 M
When determining whether 8x8 Common Stock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if 8x8 Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about 8x8 Common Stock Stock. Highlighted below are key reports to facilitate an investment decision about 8x8 Common Stock Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 8x8 Common Stock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the 8x8 Common Stock information on this page should be used as a complementary analysis to other 8x8 Common's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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Is 8x8 Common's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 8x8 Common. If investors know 8x8 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 8x8 Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.45)
Revenue Per Share
6.179
Quarterly Revenue Growth
0.174
Return On Assets
(0)
Return On Equity
(0.54)
The market value of 8x8 Common Stock is measured differently than its book value, which is the value of 8x8 that is recorded on the company's balance sheet. Investors also form their own opinion of 8x8 Common's value that differs from its market value or its book value, called intrinsic value, which is 8x8 Common's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 8x8 Common's market value can be influenced by many factors that don't directly affect 8x8 Common's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 8x8 Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if 8x8 Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 8x8 Common's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.