8x8 Common Stock Stock Performance
| EGHT Stock | USD 2.32 0.12 5.45% |
The firm owns a Beta (Systematic Risk) of 0.96, which signifies possible diversification benefits within a given portfolio. 8x8 Common returns are very sensitive to returns on the market. As the market goes up or down, 8x8 Common is expected to follow. 8x8 Common Stock has an expected return of -0.58%. Please make sure to confirm 8x8 Common Stock total risk alpha, as well as the relationship between the skewness and day median price , to decide if 8x8 Common Stock performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days 8x8 Common Stock has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Stock's technical indicators remain comparatively stable which may send shares a bit higher in May 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Actual Historical Performance (%)
One Day Return (3.80) | Five Day Return 6.54 | Year To Date Return (37.87) | Ten Year Return (78.51) | All Time Return (68.00) |
1 | 88, Inc. Q3 2024 Earnings Call Transcript | 02/01/2024 |
2 | Lacklustre Performance Is Driving 8x8, Inc.s 26 percent Price Drop | 02/08/2024 |
3 | Disposition of 2000 shares by Samuel Wilson of 8x8 Common at 2.75 subject to Rule 16b-3 | 02/15/2024 |
4 | Disposition of 500 shares by Hunter Middleton of 8x8 Common at 2.6946 subject to Rule 16b-3 | 02/16/2024 |
5 | 8x8, Inc. Issues New Employee Inducement Grants | 02/20/2024 |
6 | Proactive Outreach for 8x8 Contact Center Enhances Customer Engagement with Highly Personalized Messaging Campaigns | 02/28/2024 |
7 | Acquisition by Matthew Zinn of 130 shares of 8x8 Common subject to Rule 16b-3 | 03/04/2024 |
8 | Possible Signal As 8x8 Insiders Sell US1.4m In Stock | 03/12/2024 |
9 | Disposition of 2000 shares by Samuel Wilson of 8x8 Common at 2.674 subject to Rule 16b-3 | 03/15/2024 |
10 | Disposition of 9118 shares by Hunter Middleton of 8x8 Common at 2.6647 subject to Rule 16b-3 | 03/18/2024 |
11 | 8x8 Receives Multiple Awards for Continued Innovation | 03/19/2024 |
12 | Disposition of 1000 shares by Kevin Kraus of 8x8 Common at 2.33 subject to Rule 16b-3 | 04/15/2024 |
13 | 8x8 Launches Operator Connect for Microsoft Teams to Streamline Reliable Telephony Deployment and Adoption for Organizations Using Teams | 04/16/2024 |
14 | 8x8, Inc. Schedules Fourth Quarter and Fiscal 2024 Earnings Release and Conference Call | 04/22/2024 |
| Begin Period Cash Flow | 100.7 M | |
| Total Cashflows From Investing Activities | 6 M |
8x8 |
8x8 Common Relative Risk vs. Return Landscape
If you would invest 362.00 in 8x8 Common Stock on January 26, 2024 and sell it today you would lose (125.00) from holding 8x8 Common Stock or give up 34.53% of portfolio value over 90 days. 8x8 Common Stock is currently does not generate positive expected returns and assumes 4.397% risk (volatility on return distribution) over the 90 days horizon. In different words, 38% of stocks are less volatile than 8x8, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
8x8 Common Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 8x8 Common's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as 8x8 Common Stock, and traders can use it to determine the average amount a 8x8 Common's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.133
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EGHT |
Estimated Market Risk
| 4.4 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.58 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 8x8 Common is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of 8x8 Common by adding 8x8 Common to a well-diversified portfolio.
8x8 Common Fundamentals Growth
8x8 Stock prices reflect investors' perceptions of the future prospects and financial health of 8x8 Common, and 8x8 Common fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on 8x8 Stock performance.
| Return On Equity | -0.54 | ||||
| Return On Asset | -0.0037 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | (0.25) % | ||||
| Current Valuation | 526.56 M | ||||
| Shares Outstanding | 123.42 M | ||||
| Price To Earning | (187.86) X | ||||
| Price To Book | 2.62 X | ||||
| Price To Sales | 0.39 X | ||||
| Revenue | 743.94 M | ||||
| Gross Profit | 390.57 M | ||||
| EBITDA | (14.01 M) | ||||
| Net Income | (73.14 M) | ||||
| Cash And Equivalents | 130.92 M | ||||
| Cash Per Share | 1.13 X | ||||
| Total Debt | 568.87 M | ||||
| Debt To Equity | 7.05 % | ||||
| Current Ratio | 1.56 X | ||||
| Book Value Per Share | 1.36 X | ||||
| Cash Flow From Operations | 48.79 M | ||||
| Earnings Per Share | (0.45) X | ||||
| Market Capitalization | 292.51 M | ||||
| Total Asset | 840.88 M | ||||
| Retained Earnings | (792.92 M) | ||||
| Working Capital | 43.24 M | ||||
| Current Asset | 185.9 M | ||||
| Current Liabilities | 34.73 M | ||||
About 8x8 Common Performance
To evaluate 8x8 Common Stock Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when 8x8 Common generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare 8x8 Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand 8x8 Common Stock market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents 8x8's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 67.03 | 51.24 | |
| Return On Tangible Assets | (0.14) | (0.15) | |
| Return On Capital Employed | (0.1) | (0.10) | |
| Return On Assets | (0.08) | (0.08) | |
| Return On Equity | (0.66) | (0.69) |
Things to note about 8x8 Common Stock performance evaluation
Checking the ongoing alerts about 8x8 Common for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for 8x8 Common Stock help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 8x8 Common Stock generated a negative expected return over the last 90 days | |
| 8x8 Common Stock has high historical volatility and very poor performance | |
| 8x8 Common Stock has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 743.94 M. Net Loss for the year was (73.14 M) with profit before overhead, payroll, taxes, and interest of 390.57 M. | |
| 8x8 Common Stock has a poor financial position based on the latest SEC disclosures | |
| Over 95.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: 8x8, Inc. Schedules Fourth Quarter and Fiscal 2024 Earnings Release and Conference Call |
- Analyzing 8x8 Common's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether 8x8 Common's stock is overvalued or undervalued compared to its peers.
- Examining 8x8 Common's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating 8x8 Common's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 8x8 Common's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of 8x8 Common's stock. These opinions can provide insight into 8x8 Common's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 8x8 Common Stock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the 8x8 Common Stock information on this page should be used as a complementary analysis to other 8x8 Common's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for 8x8 Stock analysis
When running 8x8 Common's price analysis, check to measure 8x8 Common's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.
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Is 8x8 Common's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 8x8 Common. If investors know 8x8 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 8x8 Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.45) | Revenue Per Share 6.179 | Quarterly Revenue Growth 0.174 | Return On Assets (0) | Return On Equity (0.54) |
The market value of 8x8 Common Stock is measured differently than its book value, which is the value of 8x8 that is recorded on the company's balance sheet. Investors also form their own opinion of 8x8 Common's value that differs from its market value or its book value, called intrinsic value, which is 8x8 Common's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 8x8 Common's market value can be influenced by many factors that don't directly affect 8x8 Common's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 8x8 Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if 8x8 Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 8x8 Common's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.