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8x8 (EGHT) earnings: expect 17% revenue growth

4:11 pm ET, 13 May 2019

8x8 (EGHT) is announcing earnings on May 14 after the market closes. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $93M, which implies a 17% growth rate year-over-year.

Earnings per share are expected to come in at $-0.08. If this materializes, EPS will decline -167% year-over-year.

How did the stock do last month?

Over the last month, 8x8 (EGHT) returned +17.01%.

What do analysts say about the stock?

8x8 (EGHT) average analyst price target is -7.81% below its current price ($24.07).

For the latest price and information on 8x8, please visit Finstead and ask for "EGHT", "EGHT analysis" or "EGHT news".

8x8 Inc (EGHT) Stock Guide

Updated at: 6:41 pm ET, 17 Sep 2020

Before we start: if you're looking for EGHT stock price, you can quickly find it out by visiting Finny and typing "EGHT quote". If you're looking for a quick scoop on EGHT stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "EGHT". You'll get all this info in one place. Or you can just type "EGHT news" to get the latest stock news.

Looking to buy or sell 8x8 Inc (EGHT)? Interested in getting the full scoop on EGHT, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this EGHT stock guide, we'll address key questions about EGHT, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are EGHT earnings?
2. What is EGHT stock forecast (i.e., prediction)?
3. EGHT buy or sell? What is EGHT Finny Score?
4. What are the reasons to buy EGHT? Why should I buy EGHT stock?
5. What are the reasons to sell EGHT? Why should I sell EGHT stock?
6. What are EGHT key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are EGHT earnings?

EGHT trailing 12-month earnings per share (EPS) is -$1.77.

Analyst Predictions

2. What is EGHT stock forecast (i.e., prediction)?

Based on EGHT analyst price targets, EGHT stock forecast is $19.97 (for a year from now). That means the average analyst price target for EGHT stock is $19.97. The prediction is based on 11 analyst estimates.

The low price target for EGHT is $12.00, while the high price target is $25.00.

EGHT analyst rating is Buy.

Analysis

3. EGHT buy or sell? What is EGHT Finny Score?

#{finnyScore:58}Our quantitative analysis shows 7 reasons to buy and 5 reasons to sell EGHT, resulting in Finny Score of 58.

4. What are the reasons to buy EGHT? Why should I buy EGHT stock?

Here are the reasons to buy EGHT stock:

5. What are the reasons to sell EGHT? Why should I sell EGHT stock?

Let's look at the reasons to sell EGHT stock (i.e., the bear case):

  • EGHT profitability is declining. The YoY profit margin change was -33.37 percentage points. See EGHT profitability chart.
  • EGHT Price/Book ratio is 10.10, which is high compared to its industry peers’ P/B ratios. See EGHT forward Price/Book ratio chart.
  • EGHT short share of float is 26.97%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See EGHT short share of float chart.
  • EGHT short interest (days to cover the shorts) ratio is 14.19. The stock garners more short interest than the average industry, sector or S&P 500 stock. See EGHT short interest ratio chart.
  • EGHT Enterprise Value/Revenue multiple is 4.38, which is high compared to its industry peers’ Enterprise Value/Revenue multiples. See EGHT Enterprise Value/Revenue chart.

Key Stats

6. What are EGHT key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for EGHT:

Metrics EGHT
Price $16.72
Average Price Target / Upside $19.97 / 19.44%
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Telecom Services
Sector Communication Services
Number of Employees 1,225
Market Cap $1.7B
Forward P/E Ratio 407.50
Price/Book Ratio 3.6
Revenue (TTM) $471.37M
YoY Quarterly Revenue Growth 26.00%
Profit Margin -38.19%

If you liked this analysis, check out Stock Guides for other stocks.

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