8x8 Common Stock Stock Today

EGHT Stock  USD 3.14  0.02  0.63%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 34

 
High
 
Low
Below Average
8x8 Common is selling for under 3.14 as of the 28th of November 2024; that is 0.63 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 3.07. 8x8 Common has about a 34 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Note, on March 5, 2021, Representative Tom Malinowski of US Congress acquired $15k to $50k worth of 8x8 Common Stock's common stock.
Business Domain
Software & Services
IPO Date
2nd of July 1997
Category
Technology
Classification
Information Technology
8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface Software-as-a-Service solutions for small and mid-size businesses, mid-market and larger enterprises, government agencies, and other organizations worldwide. The company has 130.66 M outstanding shares of which 8.89 M shares are currently shorted by private and institutional investors with about 13.63 trading days to cover. More on 8x8 Common Stock

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8x8 Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEODavid Sipes
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.260.9639
Significantly Up
Pretty Stable
Gross Profit Margin0.490.6914
Way Down
Slightly volatile
Total Current Liabilities181.2 M172.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total505.5 M481.4 M
Sufficiently Up
Slightly volatile
Total Assets793.8 M756 M
Sufficiently Up
Slightly volatile
Total Current Assets260.2 M247.8 M
Sufficiently Up
Slightly volatile
Debt Levels
8x8 Common can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand 8x8 Common's financial leverage. It provides some insight into what part of 8x8 Common's total assets is financed by creditors.
Liquidity
8x8 Common Stock currently holds 477.63 M in liabilities with Debt to Equity (D/E) ratio of 7.05, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. 8x8 Common Stock has a current ratio of 1.53, which is within standard range for the sector. Note, when we think about 8x8 Common's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

10.74 Million
8x8 Common Stock (EGHT) is traded on NASDAQ Exchange in USA. It is located in 675 Creekside Way, Campbell, CA, United States, 95008 and employs 1,948 people. 8x8 Common is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 412.89 M. 8x8 Common Stock conducts business under Software sector and is part of Information Technology industry. The entity has 130.66 M outstanding shares of which 8.89 M shares are currently shorted by private and institutional investors with about 13.63 trading days to cover. 8x8 Common Stock currently holds about 130.92 M in cash with 78.98 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13.
Check 8x8 Common Probability Of Bankruptcy
Ownership Allocation
8x8 Common Stock secures a total of 130.66 Million outstanding shares. The majority of 8x8 Common Stock outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to acquire positions in 8x8 Common Stock to benefit from reduced commissions. Therefore, outside corporations are subject to a different set of regulations than regular investors in 8x8 Common Stock. Please pay attention to any change in the institutional holdings of 8x8 Common as this could imply that something significant has changed or is about to change at the company. On March 5, 2021, Representative Tom Malinowski of US Congress acquired $15k to $50k worth of 8x8 Common Stock's common stock.
Check 8x8 Ownership Details

8x8 Stock Institutional Holders

InstituionRecorded OnShares
Bank Of America Corp2024-06-30
2.6 M
Jpmorgan Chase & Co2024-06-30
1.6 M
S Squared Technology, Llc2024-09-30
1.6 M
Fmr Inc2024-09-30
1.6 M
Aqr Capital Management Llc2024-06-30
1.5 M
Kent Lake Capital Llc2024-06-30
1.4 M
Deutsche Bank Ag2024-06-30
1.4 M
Charles Schwab Investment Management Inc2024-09-30
1.3 M
Dimensional Fund Advisors, Inc.2024-09-30
1.2 M
Sylebra Capital Llc2024-09-30
14.4 M
Vanguard Group Inc2024-09-30
12.9 M
View 8x8 Common Diagnostics

8x8 Common Historical Income Statement

At this time, 8x8 Common's Total Operating Expenses is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 3.8 M in 2024, despite the fact that Income Before Tax is likely to grow to (60.8 M). View More Fundamentals

8x8 Stock Against Markets

8x8 Common Corporate Directors

Bryan MartinChief Technology Officer, DirectorProfile
Todd FordIndependent DirectorProfile
Elizabeth TheophilleIndependent DirectorProfile
Eric SalzmanIndependent DirectorProfile

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.