The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, 8X8 Inc (NASDAQ: EGHT) closed at $1.9 up 3.26% from its previous closing price of $1.84. In other words, the price has increased by $3.26 from its previous closing price. On the day, 0.71 million shares were traded. EGHT stock price reached its highest trading level at $1.9 during the session, while it also had its lowest trading level at $1.83.
Ratios:
For a deeper understanding of 8X8 Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.05. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 3.07 whereas as Long-Term Debt/Eq ratio is at 2.93.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 18 ’25 when Burton Andrew F. sold 6,644 shares for $1.85 per share. The transaction valued at 12,309 led to the insider holds 126,665 shares of the business.
ANDREW BURTON bought 6,644 shares of EGHT for $12,225 on Jun 18 ’25. On Jun 11 ’25, another insider, SYLEBRA CAPITAL LLC, who serves as the 10% Owner of the company, sold 200,000 shares for $1.84 each. As a result, the insider received 368,000 and left with 13,885,649 shares of the company.
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 259101088 and an Enterprise Value of 473723808. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 0.66 whereas that against EBITDA is 11.331.
Stock Price History:
The Beta on a monthly basis for EGHT is 1.87, which has changed by 0.15151513 over the last 52 weeks, in comparison to a change of 0.15222645 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 -1.08%, while the 200-Day Moving Average is calculated to be -16.54%.
Shares Statistics:
For the past three months, EGHT has traded an average of 1.19M shares per day and 1221470 over the past ten days. A total of 135.75M shares are outstanding, with a floating share count of 130.57M. Insiders hold about 4.25% of the company’s shares, while institutions hold 77.70% stake in the company. Shares short for EGHT as of 1753920000 were 3491126 with a Short Ratio of 2.93, compared to 1751241600 on 3955064. Therefore, it implies a Short% of Shares Outstanding of 3491126 and a Short% of Float of 2.8900001.
Earnings Estimates
Currently, 8.0 analysts are dedicated to thoroughly evaluating and rating the performance of 8X8 Inc (EGHT) in the stock market.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 $0.31 and $0.28 for the fiscal current year, implying an average EPS of $0.3. EPS for the following year is $0.35, with 7.0 analysts recommending between $0.5 and $0.28.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $177.95M this quarter.It ranges from a high estimate of $179.23M to a low estimate of $176.7M. As of the current estimate, 8X8 Inc’s year-ago sales were $181MFor the next quarter, 7 analysts are estimating revenue of $177.69M. There is a high estimate of $179.23M for the next quarter, whereas the lowest estimate is $175.82M.
A total of 8 analysts have provided revenue estimates for EGHT’s current fiscal year. The highest revenue estimate was $718M, while the lowest revenue estimate was $709M, resulting in an average revenue estimate of $713.83M. In the same quarter a year ago, actual revenue was $715.07MBased on 7 analysts’ estimates, the company’s revenue will be $721.43M in the next fiscal year. The high estimate is $730.3M and the low estimate is $711.1M.
