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8X8 Inc (GB:0IFS)
LSE:0IFS
8X8 (0IFS) Share Price & Analysis
0 Followers
0IFS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.12 - $4.87
Previous Close$2.19
Volume380.00
Average Volume (3M)2.06K
Market Cap
$277.70M
Enterprise Value$651.24M
Total Cash (Recent Filing)$169.55M
Total Debt (Recent Filing)$543.09M
Price to Earnings (P/E)N/A
Beta2.00
Next Earnings
May 08, 2024EPS Estimate
$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding123,421,417
10 Day Avg. Volume428
30 Day Avg. Volume2,057
Standard Deviation0.15
R-Squared0.11
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)-1.11
Price to Sales (P/S)5.82
Price to Cash Flow (P/CF)3.10
P/FCF Ratio3.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.89
Enterprise Value/Gross Profit1.19
Enterprise Value/Ebitda15.51
Forecast
1Y Price Target
$2.50Price Target Upside10.23% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering2
8X8 News
PremiumCompany Announcements
Eric Salzman Resigns from 8X8 Inc Board of Directors
Bulls Say, Bears Say
Bulls Say
Debt ReductionPaying down another $63M of debt demonstrates the company's commitment to strengthening its balance sheet and financial health.
Financial PerformanceThe company's strategic transition plan includes new sales leadership, pursuing a CCaaS-first bundled product strategy, and cultivating deeper partner relationships.
Innovation And GrowthRevenue from new products grew 60% year-over-year, highlighting the company's successful innovation and increasing market demand for its offerings.
Bears Say
Earnings GuidanceManagement lowered its full-year guide below consensus expectations, indicating potential ongoing financial struggles.
Sales PerformanceThe company is experiencing downsell renewal pressure, particularly in SMB and mid-market, which could signal a weakening market position.
Stock ValuationEGHT shares are trading at a discount to peers, reflecting concerns over slowing organic growth, debt, and competitive challenges.
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Options Prices
Currently, No data available
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Ownership Overview
16.92% Insiders
32.04% Mutual Funds
21.34% Other Institutional Investors
29.71% Public Companies and
Individual Investors
0IFS FAQ
What was 8X8 Inc’s price range in the past 12 months?
8X8 Inc lowest share price was $2.12 and its highest was $4.87 in the past 12 months.
What is 8X8 Inc’s market cap?
Currently, no data Available
When is 8X8 Inc’s upcoming earnings report date?
8X8 Inc’s upcoming earnings report date is May 08, 2024 which is in 3 days.
How were 8X8 Inc’s earnings last quarter?
8X8 Inc released its earnings results on Jan 31, 2024. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.107 by $0.013.
Is 8X8 Inc overvalued?
According to Wall Street analysts 8X8 Inc’s price is currently Undervalued.
Does 8X8 Inc pay dividends?
8X8 Inc does not currently pay dividends.
What is 8X8 Inc’s EPS estimate?
8X8 Inc’s EPS estimate is $0.07.
How many shares outstanding does 8X8 Inc have?
8X8 Inc has 123,421,420 shares outstanding.
What happened to 8X8 Inc’s price movement after its last earnings report?
8X8 Inc reported an EPS of $0.12 in its last earnings report, beating expectations of $0.107. Following the earnings report the stock price went down -14.663%.
Which hedge fund is a major shareholder of 8X8 Inc?
Among the largest hedge funds holding 8X8 Inc’s share is S Squared Technology, LLC. It holds 8X8 Inc’s shares valued at 6M.
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8X8 Stock Smart Score
Underperform
1
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5
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8
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10
Analyst Consensus
Moderate Sell
Average Price Target:
$2.50 (10.23% Upside)
$2.50 (10.23% Upside)
Blogger Sentiment
Neutral
GB:0IFS Sentiment 50%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $81.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.10%
12-Months-Change
Fundamentals
Return on Equity
-53.51%
Trailing 12-Months
Asset Growth
-1.12%
Trailing 12-Months
Company Description
8X8 Inc
8x8, Inc. engages in the provision of enterprise communication solutions. Its solutions include industry and business solutions for collections, education, government healthcare, high tech, insurance, call center, call center software, network optimization, and international calls. The company was founded in February 1987 and is headquartered in San Jose, CA.
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0IFS Company Deck
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0IFS Earnings Call
Q3 2024
0:00 / 0:00
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0IFS Stock 12 Months Forecast
Average Price Target
$2.50
▲(10.23% Upside)
Technical Analysis
Best Analysts Covering 0IFS
1 Year
1 Year Success Rate
17/17 ratings generated profit
1 Year Average Return
+43.26%
reiterated a sell rating 9 days ago
Copying Michael Turrin's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +43.26% per trade.
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