Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 2/6 |
Past Performance | 0/6 |
Financial Health | 3/6 |
Dividends | 0/6 |
EGHT Stock Overview
8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface (API) Software-as-a-Service solutions for small and mid-size businesses, mid-market and larger enterprises, government agencies, and other organizations worldwide.
8x8 Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$5.21 |
52 Week High | US$28.20 |
52 Week Low | US$4.99 |
Beta | 1.23 |
1 Month Change | -27.94% |
3 Month Change | -60.08% |
1 Year Change | -81.27% |
3 Year Change | -78.91% |
5 Year Change | -64.07% |
Change since IPO | -26.88% |
Recent News & Updates
8x8, Inc. Calls Win Again
The shares have collapsed in price, so I thought I'd review it again because a $6.90 stock is far less risky than a $14 stock. Still not worth it. The problem is that the disconnect between sales and net income persists. Sales are great, but they're meaningless if they don't lead to profits. For those who insist on staying long here, I think call options are the safest alternative. The calls I recommended previously did far less badly than the stock.
Shareholder Returns
EGHT | US Software | US Market | |
---|---|---|---|
7D | -10.3% | -4.7% | -2.5% |
1Y | -81.3% | -23.7% | -21.2% |
Return vs Industry: EGHT underperformed the US Software industry which returned -23.6% over the past year.
Return vs Market: EGHT underperformed the US Market which returned -21.7% over the past year.
Price Volatility
EGHT volatility | |
---|---|
EGHT Average Weekly Movement | 9.3% |
Software Industry Average Movement | 11.0% |
Market Average Movement | 8.1% |
10% most volatile stocks in US Market | 16.9% |
10% least volatile stocks in US Market | 3.2% |
Stable Share Price: EGHT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: EGHT's weekly volatility (9%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1987 | 2,216 | Dave Sipes | https://www.8x8.com |
8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface (API) Software-as-a-Service solutions for small and mid-size businesses, mid-market and larger enterprises, government agencies, and other organizations worldwide. The company offers unified communications, team collaboration, video conferencing, contact center, data and analytics, communication APIs, and other services. It provides 8x8 Work, a self-contained end-to-end united communications solution that delivers enterprise voice with public switched telephone network connectivity, video meetings, and unified messaging, as well as direct messages, public and private team messaging rooms, and short and multimedia services; 8x8 Contact Center, a multi-channel cloud-based contact center solution; and 8x8 CPaaS, a set of global communications Platform-as-a-Service.
8x8 Fundamentals Summary
EGHT fundamental statistics | |
---|---|
Market Cap | US$618.14m |
Earnings (TTM) | -US$175.38m |
Revenue (TTM) | US$638.13m |
1.0x
P/S Ratio-3.5x
P/E RatioIs EGHT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
EGHT income statement (TTM) | |
---|---|
Revenue | US$638.13m |
Cost of Revenue | US$247.56m |
Gross Profit | US$390.57m |
Other Expenses | US$565.96m |
Earnings | -US$175.38m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | -1.48 |
Gross Margin | 61.21% |
Net Profit Margin | -27.48% |
Debt/Equity Ratio | 245.4% |
How did EGHT perform over the long term?
See historical performance and comparisonValuation
Is EGHT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for EGHT?
Other financial metrics that can be useful for relative valuation.
What is EGHT's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$618.14m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.6x |
Enterprise Value/EBITDA | -8.2x |
PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does EGHT's PS Ratio compare to its peers?
EGHT PS Ratio vs Peers |
---|
Company | PS | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 2.7x | ||
YEXT Yext | 1.5x | 5.8% | US$593.2m |
KARO Karooooo | 4x | 15.8% | US$667.0m |
MGIC Magic Software Enterprises | 1.7x | 9.0% | US$872.4m |
INTA Intapp | 3.5x | 17.1% | US$912.8m |
EGHT 8x8 | 1x | 13.1% | US$618.1m |
Price-To-Sales vs Peers: EGHT is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (2.7x).
Price to Earnings Ratio vs Industry
How does EGHT's PE Ratio compare vs other companies in the US Software Industry?
Price-To-Sales vs Industry: EGHT is good value based on its Price-To-Sales Ratio (1x) compared to the US Software industry average (4.4x)
Price to Sales Ratio vs Fair Ratio
What is EGHT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PS Ratio | 1x |
Fair PS Ratio | 3.2x |
Price-To-Sales vs Fair Ratio: EGHT is good value based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (3.2x).
Share Price vs Fair Value
What is the Fair Price of EGHT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: EGHT ($5.21) is trading below our estimate of fair value ($15.23)
Significantly Below Fair Value: EGHT is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EGHT's PEG Ratio to determine if it is good value.
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Future Growth
How is 8x8 forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
11.8%
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 (13.1% per year) is forecast to grow faster than the US market (8.2% per year).
High Growth Revenue: EGHT's revenue (13.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EGHT's Return on Equity is forecast to be high in 3 years time (24.2%)
Discover growth companies
Past Performance
How has 8x8 performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-27.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EGHT is currently unprofitable.
Growing Profit Margin: EGHT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EGHT is unprofitable, and losses have increased over the past 5 years at a rate of 27% 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 (26.8%).
Return on Equity
High ROE: EGHT has a negative Return on Equity (-96.17%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is 8x8's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: EGHT's short term assets ($275.6M) exceed its short term liabilities ($191.5M).
Long Term Liabilities: EGHT's short term assets ($275.6M) do not cover its long term liabilities ($536.4M).
Debt to Equity History and Analysis
Debt Level: EGHT's net debt to equity ratio (170.8%) 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
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: Whilst unprofitable EGHT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EGHT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 34.4% per year.
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Dividend
What is 8x8 current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EGHT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EGHT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as EGHT has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Dave Sipes (55 yo)
1.5yrs
Tenure
US$6,670,866
Compensation
Mr. David D. Sipes, also known as Dave, serves as Chief Executive Officer and Director at 8x8, Inc. since December 10, 2020. Mr. Sipes serves as Director of PandaDoc Inc. since May 2020. He had been the Ch...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD6.67M) is above average for companies of similar size in the US market ($USD4.03M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: EGHT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: EGHT's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EGHT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8%.
Top Shareholders
Company Information
8x8, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: 8x8, Inc.
- Ticker: EGHT
- Exchange: NYSE
- Founded: 1987
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$618.135m
- Shares outstanding: 118.64m
- Website: https://www.8x8.com
Number of Employees
Location
- 8x8, Inc.
- 675 Creekside Way
- Campbell
- California
- 95008
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/07/01 00:00 |
End of Day Share Price | 2022/07/01 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2022/03/31 |
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.