8×8 (NASDAQ: EGHT) is one of 47 publicly-traded companies in the “Integrated Telecommunications Services” industry, but how does it weigh in compared to its peers? We will compare 8×8 to similar businesses based off the strength of its risk, valuation, institutional ownership, profitability, earnings, dividends and analyst recommendations.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for 8×8 and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
8×8 0 4 6 0 2.60
8×8 Competitors 604 1670 1926 74 2.34

8×8 currently has a consensus target price of $17.44, suggesting a potential upside of 26.87%. All “Integrated Telecommunications Services” companies have a potential upside of 32.40%. Given 8×8’s peers higher possible upside, analysts plainly believe 8×8 has less favorable growth aspects than its peers.

Profitability

This table compares 8×8 and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
8×8 -2.44% 1.38% 1.20%
8×8 Competitors 0.56% -0.24% 1.46%

Insider & Institutional Ownership

70.0% of 8×8 shares are owned by institutional investors. Comparatively, 56.1% of shares of all “Integrated Telecommunications Services” companies are owned by institutional investors. 4.4% of 8×8 shares are owned by insiders. Comparatively, 4.4% of shares of all “Integrated Telecommunications Services” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Risk & Volatility

8×8 has a beta of 0.41, indicating that its stock price is 59% less volatile than the S&P 500. Comparatively, 8×8’s peers have a beta of 1.07, indicating that their average stock price is 7% more volatile than the S&P 500.

Earnings & Valuation

This table compares 8×8 and its peers gross revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
8×8 $262.45 million -$391,000.00 -229.17
8×8 Competitors $12.57 billion $4.19 billion 1.12

8×8’s peers have higher revenue and earnings than 8×8. 8×8 is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently the more affordable than other companies in its industry.

Summary

8×8 peers beat 8×8 on 8 of the 12 factors compared.

About 8×8

8×8, Inc. provides cloud-based, enterprise-class software solutions. The Company’s solutions are delivered through Software as a Service (SaaS) business model. Its segments include Americas and Europe. Its software platform brings together cloud, mobile, collaboration, video and data science technologies. Through a combination of open application program interface (API) and pre-built integrations, its solutions leverage critical customer context from internal data systems and customer relationship management (CRM) systems. Its software product, branded as 8×8 Virtual Office, delivers voice as a service across the world. 8×8 Virtual Office enables a customer to use a single business phone number to place and receive calls from any supported device. It provides software to enable a multi-channel contact center under the 8×8 Virtual Contact Center brand. Its Virtual Office Meetings software solution is a tool for teams within the enterprise to meet and collaborate on a shared project.

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