8×8 (EGHT) versus The Competition Head to Head Review
8×8 (NASDAQ: EGHT) is one of 47 publicly-traded companies in the “Integrated Telecommunications Services” industry, but how does it weigh in compared to its peers? We will compare 8×8 to similar businesses based off the strength of its risk, valuation, institutional ownership, profitability, earnings, dividends and analyst recommendations.
This is a breakdown of recent ratings and recommmendations for 8×8 and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
8×8 currently has a consensus target price of $17.44, suggesting a potential upside of 26.87%. All “Integrated Telecommunications Services” companies have a potential upside of 32.40%. Given 8×8’s peers higher possible upside, analysts plainly believe 8×8 has less favorable growth aspects than its peers.
This table compares 8×8 and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Insider & Institutional Ownership
70.0% of 8×8 shares are owned by institutional investors. Comparatively, 56.1% of shares of all “Integrated Telecommunications Services” companies are owned by institutional investors. 4.4% of 8×8 shares are owned by insiders. Comparatively, 4.4% of shares of all “Integrated Telecommunications Services” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Risk & Volatility
8×8 has a beta of 0.41, indicating that its stock price is 59% less volatile than the S&P 500. Comparatively, 8×8’s peers have a beta of 1.07, indicating that their average stock price is 7% more volatile than the S&P 500.
Earnings & Valuation
This table compares 8×8 and its peers gross revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|8×8 Competitors||$12.57 billion||$4.19 billion||1.12|
8×8’s peers have higher revenue and earnings than 8×8. 8×8 is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently the more affordable than other companies in its industry.
8×8 peers beat 8×8 on 8 of the 12 factors compared.
8×8, Inc. provides cloud-based, enterprise-class software solutions. The Company’s solutions are delivered through Software as a Service (SaaS) business model. Its segments include Americas and Europe. Its software platform brings together cloud, mobile, collaboration, video and data science technologies. Through a combination of open application program interface (API) and pre-built integrations, its solutions leverage critical customer context from internal data systems and customer relationship management (CRM) systems. Its software product, branded as 8×8 Virtual Office, delivers voice as a service across the world. 8×8 Virtual Office enables a customer to use a single business phone number to place and receive calls from any supported device. It provides software to enable a multi-channel contact center under the 8×8 Virtual Contact Center brand. Its Virtual Office Meetings software solution is a tool for teams within the enterprise to meet and collaborate on a shared project.
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