8x8 Common Stock Stock Shares Outstanding
EGHT Stock | USD 3.04 0.09 3.05% |
8x8 Common Stock fundamentals help investors to digest information that contributes to 8x8 Common's financial success or failures. It also enables traders to predict the movement of 8x8 Stock. The fundamental analysis module provides a way to measure 8x8 Common's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 8x8 Common stock.
Common Stock Shares Outstanding is likely to drop to about 72 M in 2024. 8x8 | Shares Outstanding |
8x8 Common Stock Company Shares Outstanding Analysis
8x8 Common's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current 8x8 Common Shares Outstanding | 130.66 M |
Most of 8x8 Common's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 8x8 Common Stock is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
8x8 Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for 8x8 Common is extremely important. It helps to project a fair market value of 8x8 Stock properly, considering its historical fundamentals such as Shares Outstanding. Since 8x8 Common's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of 8x8 Common's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of 8x8 Common's interrelated accounts and indicators.
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8x8 Shares Outstanding Historical Pattern
Today, most investors in 8x8 Common Stock are looking for potential investment opportunities by analyzing not only static indicators but also various 8x8 Common's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of 8x8 Common shares outstanding as a starting point in their analysis.
8x8 Common Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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8x8 Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, 8x8 Common Stock has 130.66 M of shares currently outstending. This is 31.2% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The shares outstanding for all United States stocks is 77.15% higher than that of the company.
8x8 Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 8x8 Common's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 8x8 Common could also be used in its relative valuation, which is a method of valuing 8x8 Common by comparing valuation metrics of similar companies.8x8 Common is currently under evaluation in shares outstanding category among its peers.
8x8 Common ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, 8x8 Common's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 8x8 Common's managers, analysts, and investors.Environmental | Governance | Social |
8x8 Fundamentals
Return On Equity | -0.63 | ||||
Return On Asset | -0.0054 | ||||
Profit Margin | (0.1) % | ||||
Operating Margin | (0.25) % | ||||
Current Valuation | 741.18 M | ||||
Shares Outstanding | 130.66 M | ||||
Shares Owned By Insiders | 1.83 % | ||||
Shares Owned By Institutions | 83.80 % | ||||
Number Of Shares Shorted | 8.89 M | ||||
Price To Earning | (187.86) X | ||||
Price To Book | 3.62 X | ||||
Price To Sales | 0.55 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 | ||||
Short Ratio | 13.63 X | ||||
Earnings Per Share | (0.56) X | ||||
Price To Earnings To Growth | 0.53 X | ||||
Target Price | 3.09 | ||||
Number Of Employees | 1.95 K | ||||
Beta | 1.55 | ||||
Market Capitalization | 397.21 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 | ||||
Net Asset | 755.98 M |
About 8x8 Common Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 8x8 Common Stock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 8x8 Common using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 8x8 Common Stock based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis 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.