NASDAQ:EGHT - 8X8 Stock Price, News, & Analysis

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$17.82 -0.72 (-3.88 %)
(As of 12/18/2018 06:00 AM ET)
Previous Close$18.54
Today's Range$17.77 - $18.47
52-Week Range$14.00 - $23.50
Volume698,995 shs
Average Volume903,274 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
BetaN/A
8x8, 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 8x8 Virtual Office, delivers voice as a service across the world. 8x8 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 8x8 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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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry N/A
Sub-IndustryAlternative Carriers
SectorN/A
Current SymbolNASDAQ:EGHT
Previous Symbol
CUSIP28291410
Phone+1-408-7271885

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / Cash FlowN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees1,019
Outstanding Shares95,370,000
Market Cap$0.00
OptionableOptionable

8X8 (NASDAQ:EGHT) Frequently Asked Questions

What is 8X8's stock symbol?

8X8 trades on the NASDAQ under the ticker symbol "EGHT."

How will 8X8's stock buyback program work?

8X8 declared that its board has authorized a share buyback program on Sunday, June 4th 2017, which authorizes the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 28% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

How were 8X8's earnings last quarter?

8x8, Inc. (NASDAQ:EGHT) posted its quarterly earnings results on Monday, October, 29th. The technology company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.01. The technology company earned $85.70 million during the quarter, compared to analysts' expectations of $84.26 million. The business's revenue for the quarter was up 18.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.03 earnings per share. View 8X8's Earnings History.

When is 8X8's next earnings date?

8X8 is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for 8X8.

What guidance has 8X8 issued on next quarter's earnings?

8X8 updated its FY 2019 earnings guidance on Monday, October, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $347-352 million.

What price target have analysts set for EGHT?

10 brokerages have issued 12 month target prices for 8X8's shares. Their predictions range from $21.00 to $25.00. On average, they expect 8X8's stock price to reach $23.2857 in the next year. This suggests a possible upside of 30.7% from the stock's current price. View Analyst Price Targets for 8X8.

What is the consensus analysts' recommendation for 8X8?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 8X8 in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for 8X8.

What are Wall Street analysts saying about 8X8 stock?

Here are some recent quotes from research analysts about 8X8 stock:
  • 1. According to Zacks Investment Research, "8x8, Inc. is the provider of the world's first Communications Cloud that combines unified communications, team collaboration interoperability, contact center and real-time analytics in a single open platform that integrates across clouds, applications and devices, eliminating information silos to expose vital, real-time intelligence. 8x8, Inc. reduces complexity, cost, improve individual, team productivity, performance, and enhance the overall customer experience. 8x8 ensures high reliability and business continuity by delivering its cloud-based communications through the use of secure, fully redundant data centers. 8x8 communications are designed with built-in redundancy and no single point of failure. This highly secure, top-tier data centers are located in geographically dispersed sites across the globe. These data centers are SSAE 16 audited and provide automatic and transparent failover to prevent disruptions in service. " (11/2/2018)
  • 2. William Blair analysts commented, "We like the acquisition as it brings key automation and “customer journey” technology to 8×8 and its single platform for communications and customer engagement (contact center), pegs 8×8’s platform right alongside other cloud-based marketing and sales automation tools (an interesting direction for the company), and likely enhances the long-term value of the company . Single cloud platform for customer engagement. 8×8’s CTO and chairman of the board, Bryan Martin, gave a motivating speech at the Channel Partners conference last month, stating that “data is the new IT currency” and labeling 8×8 as a “big data company ." (5/16/2018)

Has 8X8 been receiving favorable news coverage?

News coverage about EGHT stock has been trending negative this week, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. 8X8 earned a news impact score of -2.4 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near future.

Who are 8X8's key executives?

8X8's management team includes the folowing people:
  • Bryan R. Martin, Chairman of the Board, Chief Technology Officer (Age 49)
  • Vikram Verma, Chief Executive Officer, Director (Age 52)
  • Mary Ellen P. Genovese, Chief Financial Officer (Age 58)
  • Amelia Generalis, Senior Vice President - Human Resources (Age 46)
  • Darren J. Hakeman, Senior Vice President - Product & Strategy (Age 47)
  • Rani Hublou, Chief Marketing Officer
  • Guy L. Hecker Jr., Lead Independent Director (Age 85)
  • Vladimir Jacimovic, Independent Director (Age 53)
  • Ian Potter, Independent Director (Age 52)
  • Jaswinder Pal Singh, Independent Director (Age 51)

Who are 8X8's major shareholders?

8X8's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.49%), Vanguard Group Inc. (7.79%), Vanguard Group Inc (7.79%), First Trust Advisors LP (4.96%), FMR LLC (2.72%) and Massachusetts Financial Services Co. MA (1.57%). Company insiders that own 8X8 stock include Bryan R Martin, Darren J Hakeman, Dejan Deklich, Eric Salzman, Ian Potter, Mary Ellen P Genovese and Vikram Verma. View Institutional Ownership Trends for 8X8.

Which major investors are selling 8X8 stock?

EGHT stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Kornitzer Capital Management Inc. KS, Alliancebernstein L.P., First Trust Advisors LP, Fisher Asset Management LLC, Massachusetts Financial Services Co. MA, Shell Asset Management Co. and Prospect Capital Advisors LLC. Company insiders that have sold 8X8 company stock in the last year include Bryan R Martin, Darren J Hakeman, Dejan Deklich and Ian Potter. View Insider Buying and Selling for 8X8.

Which major investors are buying 8X8 stock?

EGHT stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., FMR LLC, BlackRock Inc., Monarch Partners Asset Management LLC, Wells Fargo & Company MN, First Sabrepoint Capital Management LP and Canada Pension Plan Investment Board. Company insiders that have bought 8X8 stock in the last two years include Mary Ellen P Genovese and Vikram Verma. View Insider Buying and Selling for 8X8.

How do I buy shares of 8X8?

Shares of EGHT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is 8X8's stock price today?

One share of EGHT stock can currently be purchased for approximately $17.82.

What is 8X8's official website?

The official website for 8X8 is http://www.8x8.com/.

How can I contact 8X8?

8X8's mailing address is 2125 Onel Dr, SAN JOSE, CA 95131-2032, United States. The technology company can be reached via phone at +1-408-7271885 or via email at [email protected]


MarketBeat Community Rating for 8X8 (NASDAQ EGHT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  329 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  642
MarketBeat's community ratings are surveys of what our community members think about 8X8 and other stocks. Vote "Outperform" if you believe EGHT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EGHT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/18/2018 by MarketBeat.com Staff

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