8×8 (EGHT) to Release Quarterly Earnings on Wednesday
8×8 (NASDAQ:EGHT) is scheduled to be issuing its Q414 quarterly earnings data on Wednesday, May 21st. Analysts expect the company to announce earnings of $0.03 per share and revenue of $35.80 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
8×8 (NASDAQ:EGHT) opened at 7.965 on Tuesday. 8×8 has a 52 week low of $7.14 and a 52 week high of $12.42. The stock’s 50-day moving average is $9.89 and its 200-day moving average is $10.15. The company has a market cap of $699.9 million and a price-to-earnings ratio of 100.61.
On the ratings front, analysts at Zacks upgraded shares of 8×8 from an “underperform” rating to a “neutral” rating in a research note on Tuesday, March 25th. They now have a $11.30 price target on the stock. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $12.20.
8×8, Inc, is a United States-based company, which provides telecommunication services and technology for Internet protocol (NASDAQ:EGHT), telephony and video applications.
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