Quarterly Snapshot: Quick and Current Ratios for 8X8 Inc (EGHT)

Abby Carey

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The closing price of 8X8 Inc (NASDAQ: EGHT) was $2.04 for the day, up 3.03% from the previous closing price of $1.98. In other words, the price has increased by $3.03 from its previous closing price. On the day, 0.6 million shares were traded. EGHT stock price reached its highest trading level at $2.05 during the session, while it also had its lowest trading level at $1.96.

Ratios:

Our analysis of EGHT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 2.86 whereas as Long-Term Debt/Eq ratio is at 2.64.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for the company, Mizuho on December 13, 2024, Downgraded its rating to Underperform and sets its target price to $2.50 from $2.75 previously.

On June 14, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $3 to $2.

Craig Hallum Upgraded its Hold to Buy on November 02, 2023, while the target price for the stock was maintained at $4.50.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 28 ’25 when Theophille Elizabeth Harriet sold 24,271 shares for $2.05 per share. The transaction valued at 49,756 led to the insider holds 187,293 shares of the business.

Burton Andrew F. sold 6,644 shares of EGHT for $12,309 on Jun 18 ’25. The Director now owns 126,665 shares after completing the transaction at $1.85 per share. On Jun 18 ’25, another insider, ANDREW BURTON, who serves as the Director of the company, bought 6,644 shares for $1.84 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EGHT now has a Market Capitalization of 282826336 and an Enterprise Value of 489462880. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 0.679 whereas that against EBITDA is 12.799.

Stock Price History:

The Beta on a monthly basis for EGHT is 1.95, which has changed by -0.31010455 over the last 52 weeks, in comparison to a change of 0.15085125 over the same period for the S&P500. Over the past 52 weeks, EGHT has reached a high of $3.52, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is 1.43%, while the 200-Day Moving Average is calculated to be 0.27%.

Shares Statistics:

EGHT traded an average of 667.01K shares per day over the past three months and 977410 shares per day over the past ten days. A total of 138.57M shares are outstanding, with a floating share count of 132.76M. Insiders hold about 4.24% of the company’s shares, while institutions hold 75.86% stake in the company. Shares short for EGHT as of 1761868800 were 3360677 with a Short Ratio of 5.04, compared to 1759190400 on 3431510. Therefore, it implies a Short% of Shares Outstanding of 3360677 and a Short% of Float of 2.73.

Earnings Estimates

The company has 4.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.07, with high estimates of $0.08 and low estimates of $0.06.

Analysts are recommending an EPS of between $0.33 and $0.32 for the fiscal current year, implying an average EPS of $0.32. EPS for the following year is $0.36, with 6.0 analysts recommending between $0.5 and $0.3.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 6 analysts. It ranges from a high estimate of $179.59M to a low estimate of $177.4M. As of. The current estimate, 8X8 Inc’s year-ago sales were $178.88MFor the next quarter, 6 analysts are estimating revenue of $176.15M. There is a high estimate of $179M for the next quarter, whereas the lowest estimate is $174.06M.

A total of 6 analysts have provided revenue estimates for EGHT’s current fiscal year. The highest revenue estimate was $722.47M, while the lowest revenue estimate was $714.2M, resulting in an average revenue estimate of $718.72M. In the same quarter a year ago, actual revenue was $715.07MBased on 6 analysts’ estimates, the company’s revenue will be $726.08M in the next fiscal year. The high estimate is $731.5M and the low estimate is $719.54M.

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