8x8 Common Stock Stock Performance
| EGHT Stock | USD 3.14 0.02 0.63% |
On a scale of 0 to 100, 8x8 Common holds a performance score of 17. The firm owns a Beta (Systematic Risk) of 1.91, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 8x8 Common will likely underperform. Please check 8x8 Common's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether 8x8 Common's current price history will revert.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in 8x8 Common Stock are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak technical indicators, 8x8 Common unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.07) | Five Day Return 4.55 | Year To Date Return (14.82) | Ten Year Return (59.82) | All Time Return (56.13) |
1 | Acquisition by Hunter Middleton of 180000 shares of 8x8 Common subject to Rule 16b-3 | 09/13/2024 |
2 | Disposition of 14072 shares by Hunter Middleton of 8x8 Common at 1.8338 subject to Rule 16b-3 | 09/16/2024 |
3 | Disposition of 7333 shares by Suzy Seandel of 8x8 Common at 2.0767 subject to Rule 16b-3 | 10/16/2024 |
4 | 8x8 shares up 2 percent on earnings beat, strong guidance | 11/04/2024 |
5 | Why 8x8 Stock Is Up Today | 11/05/2024 |
6 | 88, Inc. Q2 2025 Earnings Call Transcript | 11/06/2024 |
7 | Analysts Are Updating Their 8x8, Inc. Estimates After Its Second-Quarter Results | 11/07/2024 |
8 | ArrowMark Colorado Holdings LLC Adjusts Stake in 8x8 Inc | 11/14/2024 |
9 | Disposition of 564 shares by Kevin Kraus of 8x8 Common at 2.81 subject to Rule 16b-3 | 11/15/2024 |
10 | 8x8 CFO Kevin Kraus sells 2,890 in common stock | 11/18/2024 |
11 | Box Shares Rise percent Year to Date How Should Investors Play the Stock | 11/26/2024 |
| Begin Period Cash Flow | 112.7 M |
8x8 |
8x8 Common Relative Risk vs. Return Landscape
If you would invest 188.00 in 8x8 Common Stock on August 30, 2024 and sell it today you would earn a total of 126.00 from holding 8x8 Common Stock or generate 67.02% return on investment over 90 days. 8x8 Common Stock is currently generating 0.8913% in daily expected returns and assumes 3.9389% risk (volatility on return distribution) over the 90 days horizon. In different words, 35% of stocks are less volatile than 8x8, and 83% 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 = 0.2263
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.94 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.89 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average 8x8 Common is performing at about 17% of its full potential. 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 it 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 | -0.63 | ||||
| Return On Asset | -0.0054 | ||||
| Profit Margin | (0.1) % | ||||
| Operating Margin | (0.25) % | ||||
| Current Valuation | 759.48 M | ||||
| Shares Outstanding | 130.66 M | ||||
| Price To Earning | (187.86) X | ||||
| Price To Book | 3.78 X | ||||
| Price To Sales | 0.57 X | ||||
| Revenue | 728.71 M | ||||
| Gross Profit | 390.57 M | ||||
| EBITDA | 23.06 M | ||||
| Net Income | (67.59 M) | ||||
| Cash And Equivalents | 130.92 M | ||||
| Cash Per Share | 1.13 X | ||||
| Total Debt | 477.63 M | ||||
| Debt To Equity | 7.05 % | ||||
| Current Ratio | 1.56 X | ||||
| Book Value Per Share | 1.36 X | ||||
| Cash Flow From Operations | 78.98 M | ||||
| Earnings Per Share | (0.56) X | ||||
| Market Capitalization | 412.89 M | ||||
| Total Asset | 755.98 M | ||||
| Retained Earnings | (860.51 M) | ||||
| Working Capital | 75.25 M | ||||
| Current Asset | 185.9 M | ||||
| Current Liabilities | 34.73 M | ||||
About 8x8 Common Performance
Assessing 8x8 Common's fundamental ratios provides investors with valuable insights into 8x8 Common's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the 8x8 Common is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. 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 | (0.17) | (0.18) | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | (0.09) | (0.09) | |
| Return On Equity | (0.66) | (0.70) |
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 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 |
- 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.
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.