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8x8 Stock Before Q3 Earnings: A Smart Buy or Risky Investment?
ZACKS· 2025-01-30 18:11
8x8 (EGHT) is slated to release its third-quarter fiscal 2025 results on Feb. 04. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.For the fiscal third quarter, the company expects revenues between $177 million and $182 million.The Zacks Consensus Estimate for fiscal third-quarter revenues is pegged at $179.18 million, suggesting a 1.01% year-over-year decline.The consensus mark for earnings is pegged at 8 cents per share, unchanged in the past 30 days. The projection suggests a 33.33% ...
EGHT Falls 23% in a Year: Should You Buy, Sell or Hold the Stock?
ZACKS· 2025-01-23 16:56
8x8 (EGHT) shares have plunged 23.4% in the trailing 12-month period, outperforming the Zacks Computer & Technology sector’s return of 27.1% and the Zacks Internet Software industry’s appreciation of 31.5%.This global provider of cloud-based contact center as-a-service (CCaaS) and unified communications-as-a-service (UCaaS) software has underperformed its closest peers, such as Zoom Communications (ZM) , RingCentral (RNG) and Twilio (TWLO) , over the same timeframe. While TWLO and ZM shares have appreciated ...
Best Value Stocks to Buy for December 20th
ZACKS· 2024-12-20 14:25
Group 1: Company Overview - Vince Holding offers a broad range of women's and men's ready-to-wear and has a Zacks Rank 1 (Strong Buy) with a 14.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - LATAM Airlines Group provides domestic and international passenger and cargo air services, primarily operating in Chile, the United States, the South Pacific, Europe, and Latin America, also holding a Zacks Rank 1 with a 26.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - 8x8 is the provider of the world's first Communications Cloud, integrating unified communications, team collaboration, contact center, and real-time analytics, carrying a Zacks Rank 1 with a 3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [5] Group 2: Financial Metrics - Vince Holding has a price-to-earnings ratio (P/E) of 4.25 compared to the industry average of 20.40, and possesses a Value Score of A [4] - LATAM Airlines Group has a price-to-earnings ratio (P/E) of 9.12 compared to the industry average of 16.90, and also possesses a Value Score of A [6] - 8x8 has a price-to-earnings ratio (P/E) of 0.71 compared to the industry average of 1.84, and possesses a Value Score of B [3]
8x8 (EGHT) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2024-12-18 14:50
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" to maximize returns in a shorter time frame [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks can lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify promising stocks [3] Group 2: Stock Analysis - 8x8 (EGHT) - 8x8 (EGHT) has shown a price increase of 3% over the past four weeks, indicating growing investor interest [4] - The stock has gained 41.3% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer time frame [5] - EGHT has a beta of 1.63, suggesting it moves 63% more than the market, indicating fast-paced momentum [5] - With a Momentum Score of A, EGHT is positioned as a favorable entry point for investors looking to capitalize on momentum [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to EGHT earning a Zacks Rank 1 (Strong Buy), which is associated with strong momentum effects [7] - EGHT is currently trading at a Price-to-Sales ratio of 0.50, indicating it is attractively priced at 50 cents for each dollar of sales, providing room for growth [7] Group 4: Additional Investment Opportunities - Besides EGHT, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]
EGHT vs. SMAR: Which Stock Is the Better Value Option?
ZACKS· 2024-12-16 17:45
Investors with an interest in Internet - Software stocks have likely encountered both 8x8 (EGHT) and Smartsheet (SMAR) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Score ...
Best Value Stocks to Buy for December 5th
ZACKS· 2024-12-05 09:30
Here are three stocks with buy rank and strong value characteristics for investors to consider today, December 5:Weibo Corporation (WB) : This social media platform provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.5% over the last 60 days.Weibo has a price-to-earnings ratio (P/E) of 5.59 compared with 25.21 for the S&P. The company possesses a Value Scoreof A.Tencent Holdings Limited (TCEHY) : This investment holding company carries ...
EGHT Rises 38% in a Month: Is the Stock Still a Screaming Buy?
ZACKS· 2024-12-03 16:01
8x8 (EGHT) shares have appreciated 37.5% in the past month, outperforming the Zacks Computer & Technology sector’s return of 3.7% and the Zacks Internet Software industry’s appreciation of 7.3%.This global provider of cloud-based contact center as-a-service (CCaaS) and unified communications as-a-service (UCaaS) software has outperformed its closest peers like Zoom (ZM) , NICE (NICE) and RingCentral (RNG) , over the same timeframe. ZM, NICE and RNG shares have returned 10%, 8.8%, and 4.4%, respectively.The ...
Fast-paced Momentum Stock 8x8 (EGHT) Is Still Trading at a Bargain
ZACKS· 2024-12-02 19:25
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...
EGHT vs. SMAR: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-11-29 17:46
Investors looking for stocks in the Internet - Software sector might want to consider either 8x8 (EGHT) or Smartsheet (SMAR) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks ...
Why Fast-paced Mover 8x8 (EGHT) Is a Great Choice for Value Investors
ZACKS· 2024-11-13 14:50
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...