8X8 (EGHT) Competitors

$2.27
-0.05 (-2.16%)
(As of 04/26/2024 ET)

EGHT vs. PCYG, QBTS, VNET, SOHU, TCX, OOMA, TRVG, INOD, SY, and LTRPA

Should you be buying 8X8 stock or one of its competitors? The main competitors of 8X8 include Park City Group (PCYG), D-Wave Quantum (QBTS), VNET Group (VNET), Sohu.com (SOHU), Tucows (TCX), Ooma (OOMA), trivago (TRVG), Innodata (INOD), So-Young International (SY), and Liberty TripAdvisor (LTRPA).

8X8 vs.

Park City Group (NASDAQ:PCYG) and 8X8 (NASDAQ:EGHT) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, media sentiment, earnings, dividends, risk, institutional ownership, profitability, valuation and community ranking.

Park City Group has a beta of 1.1, indicating that its stock price is 10% more volatile than the S&P 500. Comparatively, 8X8 has a beta of 1.46, indicating that its stock price is 46% more volatile than the S&P 500.

In the previous week, Park City Group had 1 more articles in the media than 8X8. MarketBeat recorded 4 mentions for Park City Group and 3 mentions for 8X8. Park City Group's average media sentiment score of 0.39 beat 8X8's score of 0.30 indicating that 8X8 is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Park City Group
0 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
8X8
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Park City Group has a net margin of 29.27% compared to Park City Group's net margin of -7.28%. 8X8's return on equity of 12.48% beat Park City Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Park City Group29.27% 12.48% 11.27%
8X8 -7.28%-5.89%-0.75%

Park City Group has higher earnings, but lower revenue than 8X8. 8X8 is trading at a lower price-to-earnings ratio than Park City Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Park City Group$19.10M15.44$5.59M$0.2760.11
8X8$743.94M0.38-$73.14M-$0.44-5.16

Park City Group currently has a consensus price target of $10.00, suggesting a potential downside of 38.39%. 8X8 has a consensus price target of $3.68, suggesting a potential upside of 62.05%. Given Park City Group's higher probable upside, analysts plainly believe 8X8 is more favorable than Park City Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Park City Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
8X8
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

Park City Group received 210 more outperform votes than 8X8 when rated by MarketBeat users. Likewise, 60.27% of users gave Park City Group an outperform vote while only 59.26% of users gave 8X8 an outperform vote.

CompanyUnderperformOutperform
Park City GroupOutperform Votes
226
60.27%
Underperform Votes
149
39.73%
8X8Outperform Votes
16
59.26%
Underperform Votes
11
40.74%

26.4% of Park City Group shares are owned by institutional investors. Comparatively, 94.0% of 8X8 shares are owned by institutional investors. 42.0% of Park City Group shares are owned by company insiders. Comparatively, 1.1% of 8X8 shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Park City Group beats 8X8 on 11 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding EGHT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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EGHT vs. The Competition

Metric8X8Data processing & preparation IndustryComputer SectorNASDAQ Exchange
Market Cap$280.16M$3.78B$19.85B$7.56B
Dividend YieldN/A2.19%2.77%3.95%
P/E Ratio-5.1616.73227.2915.44
Price / Sales0.387.78529.3385.90
Price / Cash6.1644.3728.1534.73
Price / Book2.587.166.694.33
Net Income-$73.14M$48.42M$635.62M$214.22M
7 Day Performance4.13%5.18%2.91%1.88%
1 Month Performance-17.15%-2.74%-2.86%-5.23%
1 Year Performance-23.05%6.33%16.75%8.41%

8X8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PCYG
Park City Group
0.2878 of 5 stars
$15.50
+2.6%
$10.00
-35.5%
+156.4%$281.71M$19.10M57.4169Analyst Report
News Coverage
High Trading Volume
QBTS
D-Wave Quantum
1.1949 of 5 stars
$1.55
+2.6%
$2.80
+80.6%
+185.6%$250.60M$8.76M-2.50215News Coverage
VNET
VNET Group
1.6125 of 5 stars
$1.48
+0.7%
$2.85
+92.6%
-44.8%$218.22M$7.40B-0.603,293News Coverage
SOHU
Sohu.com
1.9658 of 5 stars
$11.27
+1.7%
$20.00
+77.5%
-13.9%$372.47M$600.67M-12.664,700
TCX
Tucows
0.1246 of 5 stars
$17.60
-0.1%
N/A-20.5%$190.82M$339.34M-1.991,129News Coverage
OOMA
Ooma
1.8406 of 5 stars
$6.83
-3.7%
$14.67
+114.7%
-44.2%$180.45M$236.74M-227.671,221Gap Down
TRVG
trivago
2.2066 of 5 stars
$2.56
-0.4%
$4.34
+69.6%
-63.6%$175.00M$524.90M-0.97651Upcoming Earnings
INOD
Innodata
0 of 5 stars
$5.74
+0.9%
N/A-9.5%$165.03M$86.78M-114.804,325
SY
So-Young International
0 of 5 stars
$1.24
-6.1%
N/A-48.4%$123.06M$210.99M41.351,573News Coverage
LTRPA
Liberty TripAdvisor
0 of 5 stars
$1.33
-0.7%
N/A+138.6%$102.57M$1.79B-0.362,845Upcoming Earnings
Gap Down

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This page (NASDAQ:EGHT) was last updated on 4/27/2024 by MarketBeat.com Staff

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