8x8, Inc. (EGHT)

NASDAQ: EGHT · IEX Real-Time Price · USD
2.740
+0.100 (3.79%)
Mar 27, 2024, 4:00 PM EDT - Market closed

Total Valuation

8x8, Inc. has a market cap or net worth of $338.17 million. The enterprise value is $711.36 million.

Market Cap 338.17M
Enterprise Value 711.36M

Important Dates

The next estimated earnings date is Thursday, May 9, 2024, after market close.

Earnings Date May 9, 2024
Ex-Dividend Date n/a

Share Statistics

8x8, Inc. has 123.42 million shares outstanding. The number of shares has increased by 8.26% in one year.

Shares Outstanding 123.42M
Shares Change (YoY) +8.26%
Shares Change (QoQ) +1.49%
Owned by Insiders (%) 2.47%
Owned by Institutions (%) 95.27%
Float 84.52M

Valuation Ratios

PE Ratio n/a
Forward PE 6.73
PS Ratio 0.46
Forward PS 0.46
PB Ratio 3.08
P/FCF Ratio 5.52
PEG Ratio 0.53
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.97
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 11.61

Financial Position

The company has a current ratio of 1.31, with a Debt / Equity ratio of 4.95.

Current Ratio 1.31
Quick Ratio 1.01
Debt / Equity 4.95
Debt / EBITDA n/a
Debt / FCF 8.86
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -50.30% and return on invested capital (ROIC) is -1.51%.

Return on Equity (ROE) -50.30%
Return on Assets (ROA) -6.40%
Return on Capital (ROIC) -1.51%
Revenue Per Employee $381,999
Profits Per Employee -$27,815
Employee Count 1,921
Asset Turnover 0.88
Inventory Turnover n/a

Taxes

In the past 12 months, 8x8, Inc. has paid $3.34 million in taxes.

Income Tax 3.34M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -32.51% in the last 52 weeks. The beta is 1.47, so 8x8, Inc.'s price volatility has been higher than the market average.

Beta (1Y) 1.47
52-Week Price Change -32.51%
50-Day Moving Average 2.92
200-Day Moving Average 3.24
Relative Strength Index (RSI) 47.59
Average Volume (30 Days) 1,580,919

Short Selling Information

The latest short interest is 16.12 million, so 13.06% of the outstanding shares have been sold short.

Short Interest 16.12M
Short Previous Month 15.91M
Short % of Shares Out 13.06%
Short % of Float 19.07%
Short Ratio (days to cover) 7.79

Income Statement

In the last 12 months, 8x8, Inc. had revenue of $733.82 million and -$53.43 million in losses. Loss per share was -$0.44.

Revenue 733.82M
Gross Profit 510.63M
Operating Income -9.85M
Pretax Income -50.09M
Net Income -53.43M
EBITDA -2.37M
EBIT -50.09M
Loss Per Share -$0.44
Full Income Statement

Balance Sheet

The company has $169.90 million in cash and $543.09 million in debt, giving a net cash position of -$373.19 million or -$3.02 per share.

Cash & Cash Equivalents 169.90M
Total Debt 543.09M
Net Cash -373.19M
Net Cash Per Share -$3.02
Equity / Book Value 109.67M
Book Value Per Share 0.89
Working Capital 71.94M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $79.95 million and capital expenditures -$18.69 million, giving a free cash flow of $61.27 million.

Operating Cash Flow 79.95M
Capital Expenditures -18.69M
Free Cash Flow 61.27M
FCF Per Share $0.50
Full Cash Flow Statement

Margins

Gross margin is 69.59%, with operating and profit margins of -1.34% and -7.28%.

Gross Margin 69.59%
Operating Margin -1.34%
Pretax Margin -6.83%
Profit Margin -7.28%
EBITDA Margin -0.32%
EBIT Margin -6.83%
FCF Margin 8.35%

Dividends & Yields

8x8, Inc. does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -8.26%
Shareholder Yield -8.26%
Earnings Yield -15.80%
FCF Yield 18.12%

Analyst Forecast

The average price target for 8x8, Inc. is $4.16, which is 51.83% higher than the current price. The consensus rating is "Buy".

Price Target $4.16
Price Target Difference 51.83%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

8x8, Inc. has an Altman Z-Score of -0.34 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.34
Piotroski F-Score 5