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The price of 8X8 Inc (NASDAQ: EGHT) closed at $1.76 in the last session, down -3.30% from day before closing price of $1.82. In other words, the price has decreased by $-3.30 from its previous closing price. On the day, 0.97 million shares were traded. EGHT stock price reached its highest trading level at $1.85 during the session, while it also had its lowest trading level at $1.7.
Ratios:
We take a closer look at EGHT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.89. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 3.77 whereas as Long-Term Debt/Eq ratio is at 3.52.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 15 ’25 when Kraus Kevin sold 1,000 shares for $1.67 per share. The transaction valued at 1,670 led to the insider holds 442,767 shares of the business.
SYLEBRA CAPITAL LLC sold 101,678 shares of EGHT for $226,742 on Mar 24 ’25. The 10% Owner now owns 14,085,649 shares after completing the transaction at $2.23 per share. On Mar 20 ’25, another insider, SYLEBRA CAPITAL LLC, who serves as the 10% Owner of the company, sold 52,149 shares for $2.19 each. As a result, the insider received 114,206 and left with 14,237,327 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 231781440 and an Enterprise Value of 457984704. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 2.05. Its current Enterprise Value per Revenue stands at 0.638 whereas that against EBITDA is 15.935.
Stock Price History:
The Beta on a monthly basis for EGHT is 1.80, which has changed by -0.2036199 over the last 52 weeks, in comparison to a change of 0.097913146 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 $1.51. The 50-Day Moving Average of the stock is -17.56%, while the 200-Day Moving Average is calculated to be -26.26%.
Shares Statistics:
According to the various share statistics, EGHT traded on average about 1.19M shares per day over the past 3-months and 1756660 shares per day over the past 10 days. A total of 131.47M shares are outstanding, with a floating share count of 127.85M. Insiders hold about 2.92% of the company’s shares, while institutions hold 83.11% stake in the company. Shares short for EGHT as of 1744675200 were 6508154 with a Short Ratio of 5.45, compared to 1741910400 on 6775083. Therefore, it implies a Short% of Shares Outstanding of 6508154 and a Short% of Float of 6.370000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Its stock is currently analyzed by 8.0 different market analysts. The consensus estimate for the next quarter is $0.09, with high estimates of $0.11 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.37 and $0.35 for the fiscal current year, implying an average EPS of $0.36. EPS for the following year is $0.36, with 9.0 analysts recommending between $0.46 and $0.3.
Revenue Estimates
According to 7 analysts, the current quarter’s revenue is expected to be $177.95M. It ranges from a high estimate of $178.3M to a low estimate of $177.5M. As of the current estimate, 8X8 Inc’s year-ago sales were $179.41MFor the next quarter, 7 analysts are estimating revenue of $178.51M. There is a high estimate of $180.14M for the next quarter, whereas the lowest estimate is $176.4M.
A total of 8 analysts have provided revenue estimates for EGHT’s current fiscal year. The highest revenue estimate was $716.3M, while the lowest revenue estimate was $715.6M, resulting in an average revenue estimate of $715.98M. In the same quarter a year ago, actual revenue was $728.71MBased on 8 analysts’ estimates, the company’s revenue will be $718.9M in the next fiscal year. The high estimate is $727.92M and the low estimate is $712.1M.
