Market Cap
US$1.9b
Last Updated
2019/10/23 23:33 UTC
Data Sources
Company Financials +
Executive Summary
8x8, Inc. provides enterprise cloud communications and customer engagement solutions for small and mid-size businesses, mid-market, and distributed enterprises worldwide.
Snowflake
Fundamentals
Adequate balance sheet with limited growth.
Similar Companies
Share Price & News
How has 8x8's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.1%
EGHT
-4.4%
US Software
0.07%
US Market
1 Year Return
13.1%
EGHT
19.3%
US Software
8.9%
US Market
Return vs Industry: EGHT underperformed the US Software industry which returned 19.3% over the past year.
Return vs Market: EGHT underperformed the US Market which returned 8.9% over the past year.
Shareholder returns
| EGHT | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | -4.4% | 0.07% |
| 30 Day | -18.2% | -4.4% | -0.3% |
| 90 Day | -26.1% | -9.3% | -1.6% |
| 1 Year | 13.1%13.1% | 21.1%19.3% | 11.3%8.9% |
| 3 Year | 26.9%26.9% | 108.2%99.8% | 46.3%36.8% |
| 5 Year | 145.7%145.7% | 157.9%139.3% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is 8x8's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Should You Worry About 8x8, Inc.'s (NYSE:EGHT) CEO Pay Cheque?1 month ago | Simply Wall St
Announcing: 8x8 (NYSE:EGHT) Stock Increased An Energizing 203% In The Last Five Years2 months ago | Simply Wall St
CEO & Director Vikram Verma Just Bought Shares In 8x8, Inc. (NYSE:EGHT)Valuation
Is 8x8 undervalued compared to its fair value and its price relative to the market?
7.99x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate EGHT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EGHT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EGHT is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: EGHT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EGHT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EGHT is overvalued based on its PB Ratio (8x) compared to the US Software industry average (5.3x).
Next Steps
Future Growth
How is 8x8 forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
21.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EGHT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: EGHT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: EGHT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: EGHT's revenue (21% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: EGHT's revenue (21% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EGHT is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has 8x8 performed over the past 5 years?
-71.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: EGHT is unprofitable, and losses have increased over the past 5 years at a rate of -71.4% per year.
Accelerating Growth: Unable to compare EGHT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EGHT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (19.1%).
Return on Equity
High ROE: EGHT has a negative Return on Equity (-46.77%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: EGHT is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: EGHT is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is 8x8's financial position?
Financial Position Analysis
Short Term Liabilities: EGHT's short term assets ($357.1M) exceeds its short term liabilities ($88.8M)
Long Term Liabilities: EGHT's short term assets (357.1M) exceeds its long term liabilities (239.5M)
Debt to Equity History and Analysis
Debt Level: EGHT's debt to equity ratio (95.2%) is considered high
Reducing Debt: Insufficient data to determine if EGHT's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Inventory Level: EGHT has a low level of unsold assets or inventory.
Debt Coverage by Assets: EGHT's debt is covered by short term assets (assets are 1.6x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EGHT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: EGHT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -126.6% each year
Next Steps
Dividend
What is 8x8's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate EGHT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate EGHT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if EGHT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EGHT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EGHT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of 8x8's salary, the management and board of directors tenure and is there insider trading?
1.9yrs
Average management tenure
CEO
Vik Verma (54yo)
6.1yrs
Tenure
US$5,088,656
Compensation
Mr. Vikram Verma, also known as Vik, has been a Director at Cambium Networks Corporation since January 2019. He has been the Chief Executive Officer of 8x8 Inc. since September 9, 2013. Mr. Verma was the PÂ ...
CEO Compensation Analysis
Compensation vs. Market: Vik's total compensation ($USD5.09M) is about average for companies of similar size in the US market ($USD4.07M).
Compensation vs Earnings: Vik's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
1.9yrs
Average Tenure
51.5yo
Average Age
Experienced Management: EGHT's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Age and Tenure
3.3yrs
Average Tenure
52yo
Average Age
Experienced Board: EGHT's board of directors are considered experienced (3.3 years average tenure).
Insider Trading
Insider Buying: EGHT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 3,060 |
| Max Price | US$23.99 |
| Entity | Individual |
| Role | Senior Key Executive Chief Product Officer |
| Shares | 548 |
| Max Price | US$24.80 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 4,200 |
| Max Price | US$23.54 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 5,730 |
| Max Price | US$17.09 |
Ownership Breakdown
Management Team
Mary Ellen Genovese (59yo)
Managing Director of European Operations
- Tenure: 1yrs
- Compensation: US$444.21k
Bryan Martin (51yo)
Executive Chairman & CTO
- Tenure: 15.8yrs
- Compensation: US$796.78k
Vik Verma (54yo)
CEO & Director
- Tenure: 6.1yrs
- Compensation: US$5.09m
Matt Zinn (54yo)
Senior VP
- Tenure: 1.1yrs
- Compensation: US$1.68m
Steven Gatoff (52yo)
CFO & Principal Accounting Officer
- Tenure: 0.9yrs
- Compensation: US$3.18m
Darren Hakeman (49yo)
Senior Vice President of Strategy
- Tenure: 2.1yrs
- Compensation: US$875.22k
Dejan Deklich (44yo)
Chief Product Officer
- Tenure: 2.7yrs
- Compensation: US$2.00m
Amelia Generalis (48yo)
Senior Vice President of Human Resources & Workplaces
- Tenure: 1.8yrs
Joan Citelli
Investor Relations Contact
- Tenure: 0yrs
Victoria Hyde-Dunn
Investor Relations
- Tenure: 0yrs
Board Members
Vladimir Jacimovic (55yo)
Independent Director
- Tenure: 5.6yrs
- Compensation: US$215.01k
Bryan Martin (51yo)
Executive Chairman & CTO
- Tenure: 15.8yrs
- Compensation: US$796.78k
Vik Verma (54yo)
CEO & Director
- Tenure: 6.1yrs
- Compensation: US$5.09m
Todd Ford (52yo)
Independent Director
- Tenure: 0.8yrs
Eric Salzman (52yo)
Independent Director
- Tenure: 7.7yrs
- Compensation: US$247.51k
JP Singh (53yo)
Lead Independent Director
- Tenure: 0.4yrs
- Compensation: US$222.01k
Monique Bonner (48yo)
Independent Director
- Tenure: 1yrs
- Compensation: US$263.73k
Elizabeth Theophille (52yo)
Independent Director
- Tenure: 0.3yrs
Company Information
8x8, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: 8x8, Inc.
- Ticker: EGHT
- Exchange: NYSE
- Founded: 1987
- Industry: Application Software
- Sector: Software
- Market Cap: US$1.890b
- Shares outstanding: 99.29m
- Website: https://www.8x8.com
Number of Employees
Location
- 8x8, Inc.
- 2125 O'Nel Drive
- San Jose
- California
- 95131
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EGHT | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 1997 |
| EGT | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1997 |
| 0IFS | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jul 1997 |
Biography
8x8, Inc. provides enterprise cloud communications and customer engagement solutions for small and mid-size businesses, mid-market, and distributed enterprises worldwide. It offers unified communications, Â ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 23:33 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.