8x8 Common Stock Stock Buy Hold or Sell Recommendation
| EGHT Stock | USD 3.14 0.02 0.63% |
Given the investment horizon of 90 days and your conservative risk appetite, our recommendation regarding 8x8 Common Stock is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell 8x8 Common Stock given historical horizon and risk tolerance towards 8x8 Common. When Macroaxis issues a 'buy' or 'sell' recommendation for 8x8 Common Stock, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out 8x8 Common Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as 8x8 and provide practical buy, sell, or hold advice based on investors' constraints. 8x8 Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
8x8 |
Execute 8x8 Common Buy or Sell Advice
The 8x8 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on 8x8 Common Stock. Macroaxis does not own or have any residual interests in 8x8 Common Stock or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute 8x8 Common's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Solid | Details | |
Volatility | Unstable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
8x8 Common Trading Alerts and Improvement Suggestions
| 8x8 Common Stock appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 728.71 M. Net Loss for the year was (67.59 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 84.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Box Shares Rise percent Year to Date How Should Investors Play the Stock |
8x8 Common Returns Distribution Density
The distribution of 8x8 Common's historical returns is an attempt to chart the uncertainty of 8x8 Common's future price movements. The chart of the probability distribution of 8x8 Common daily returns describes the distribution of returns around its average expected value. We use 8x8 Common Stock price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of 8x8 Common returns is essential to provide solid investment advice for 8x8 Common.
| Mean Return | 0.78 | Value At Risk | -5.39 | Potential Upside | 5.58 | Standard Deviation | 3.90 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of 8x8 Common historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
8x8 Stock Institutional Investors
The 8x8 Common's institutional investors refer to entities that pool money to purchase 8x8 Common's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Bank Of America Corp | 2024-06-30 | 2.6 M | Jpmorgan Chase & Co | 2024-06-30 | 1.6 M | S Squared Technology, Llc | 2024-09-30 | 1.6 M | Fmr Inc | 2024-09-30 | 1.6 M | Aqr Capital Management Llc | 2024-06-30 | 1.5 M | Kent Lake Capital Llc | 2024-06-30 | 1.4 M | Deutsche Bank Ag | 2024-06-30 | 1.4 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.3 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.2 M | Sylebra Capital Llc | 2024-09-30 | 14.4 M | Vanguard Group Inc | 2024-09-30 | 12.9 M |
8x8 Common Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 0.0 | (4.3M) | (2.2M) | 10.0M | 9.0M | 9.5M | |
| Change In Cash | (128.3M) | (35.2M) | (20.5M) | 12.0M | 4.0M | 4.4M | |
| Free Cash Flow | (161.3M) | (49.3M) | 10.2M | 33.9M | 62.0M | 65.1M | |
| Depreciation | 37.2M | 45.1M | 48.6M | 52.3M | 47.2M | 49.5M | |
| Other Non Cash Items | 52.1M | 61.4M | 74.3M | 42.1M | 69.3M | 72.8M | |
| Capital Expenditures | 67.4M | 35.2M | 24.5M | 14.9M | 16.9M | 10.7M | |
| Net Income | (172.4M) | (165.6M) | (175.4M) | (73.1M) | (67.6M) | (64.2M) | |
| End Period Cash Flow | 156.4M | 121.2M | 100.7M | 112.7M | 116.7M | 122.6M | |
| Change To Netincome | 77.9M | 128.8M | 152.5M | 70.7M | 81.4M | 43.4M | |
| Change Receivables | (12.7M) | (14.9M) | 6.9M | (8.5M) | (7.6M) | (7.2M) | |
| Net Borrowings | 73.9M | (78K) | 134.6M | (217.3M) | (249.9M) | (237.4M) | |
| Investments | 20.2M | 9.3M | (160.0M) | 6.1M | 8.5M | 9.0M |
8x8 Common Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to 8x8 Common or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that 8x8 Common's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a 8x8 stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | 1.91 | |
σ | Overall volatility | 3.94 | |
Ir | Information ratio | 0.17 |
8x8 Common Volatility Alert
8x8 Common Stock shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure 8x8 Common's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact 8x8 Common's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.8x8 Common Fundamentals Vs Peers
Comparing 8x8 Common's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze 8x8 Common's direct or indirect competition across all of the common fundamentals between 8x8 Common and the related equities. This way, we can detect undervalued stocks with similar characteristics as 8x8 Common or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of 8x8 Common's fundamental indicators could also be used in its relative valuation, which is a method of valuing 8x8 Common by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare 8x8 Common to competition |
| Fundamentals | 8x8 Common | Peer Average |
| Return On Equity | -0.63 | -0.31 |
| Return On Asset | -0.0054 | -0.14 |
| Profit Margin | (0.1) % | (1.27) % |
| Operating Margin | (0.25) % | (5.51) % |
| Current Valuation | 759.48 M | 16.62 B |
| Shares Outstanding | 130.66 M | 571.82 M |
| Shares Owned By Insiders | 1.83 % | 10.09 % |
| Shares Owned By Institutions | 83.86 % | 39.21 % |
| Number Of Shares Shorted | 8.89 M | 4.71 M |
| Price To Earning | (187.86) X | 28.72 X |
| Price To Book | 3.78 X | 9.51 X |
| Price To Sales | 0.57 X | 11.42 X |
| Revenue | 728.71 M | 9.43 B |
| Gross Profit | 390.57 M | 27.38 B |
| EBITDA | 23.06 M | 3.9 B |
| Net Income | (67.59 M) | 570.98 M |
| Cash And Equivalents | 130.92 M | 2.7 B |
| Cash Per Share | 1.13 X | 5.01 X |
| Total Debt | 477.63 M | 5.32 B |
| Debt To Equity | 7.05 % | 48.70 % |
| Current Ratio | 1.56 X | 2.16 X |
| Book Value Per Share | 1.36 X | 1.93 K |
| Cash Flow From Operations | 78.98 M | 971.22 M |
| Short Ratio | 13.63 X | 4.00 X |
| Earnings Per Share | (0.56) X | 3.12 X |
| Price To Earnings To Growth | 0.53 X | 4.89 X |
| Target Price | 3.09 | |
| Number Of Employees | 1.95 K | 18.84 K |
| Beta | 1.55 | -0.15 |
| Market Capitalization | 412.89 M | 19.03 B |
| Total Asset | 755.98 M | 29.47 B |
| Retained Earnings | (860.51 M) | 9.33 B |
| Working Capital | 75.25 M | 1.48 B |
Note: Disposition of 564 shares by Kevin Kraus of 8x8 Common at 2.81 subject to Rule 16b-3 [view details]
8x8 Common Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as 8x8 . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About 8x8 Common Buy or Sell Advice
When is the right time to buy or sell 8x8 Common Stock? Buying financial instruments such as 8x8 Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional 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.