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8X8 (EGHT) Competitors

8X8 logo
$2.20
-0.03 (-1.35%)
(As of 11/1/2024 ET)

EGHT vs. TCX, SY, BAND, ATEX, VNET, TASK, PGRU, PHR, GB, and ETWO

Should you be buying 8X8 stock or one of its competitors? The main competitors of 8X8 include Tucows (TCX), So-Young International (SY), Bandwidth (BAND), Anterix (ATEX), VNET Group (VNET), TaskUs (TASK), PropertyGuru Group (PGRU), Phreesia (PHR), Global Blue Group (GB), and E2open Parent (ETWO).

8X8 vs.

Tucows (NASDAQ:TCX) and 8X8 (NASDAQ:EGHT) are both small-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, dividends, risk, institutional ownership, valuation, analyst recommendations, earnings, community ranking and media sentiment.

Tucows received 175 more outperform votes than 8X8 when rated by MarketBeat users. Likewise, 58.82% of users gave Tucows an outperform vote while only 58.14% of users gave 8X8 an outperform vote.

CompanyUnderperformOutperform
TucowsOutperform Votes
200
58.82%
Underperform Votes
140
41.18%
8X8Outperform Votes
25
58.14%
Underperform Votes
18
41.86%

8X8 has higher revenue and earnings than Tucows. 8X8 is trading at a lower price-to-earnings ratio than Tucows, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tucows$339.34M0.59-$96.20M-$8.35-2.17
8X8$728.71M0.39-$67.59M-$0.50-4.40

8X8 has a consensus target price of $2.67, indicating a potential upside of 21.21%. Given 8X8's higher possible upside, analysts clearly believe 8X8 is more favorable than Tucows.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tucows
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
8X8
2 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.14

In the previous week, 8X8 had 12 more articles in the media than Tucows. MarketBeat recorded 14 mentions for 8X8 and 2 mentions for Tucows. 8X8's average media sentiment score of 0.15 beat Tucows' score of 0.00 indicating that 8X8 is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tucows
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
8X8
4 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

73.6% of Tucows shares are owned by institutional investors. Comparatively, 94.0% of 8X8 shares are owned by institutional investors. 11.6% of Tucows shares are owned by company insiders. Comparatively, 1.2% of 8X8 shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

8X8 has a net margin of -8.65% compared to Tucows' net margin of -26.01%. 8X8's return on equity of -6.51% beat Tucows' return on equity.

Company Net Margins Return on Equity Return on Assets
Tucows-26.01% -490.14% -11.58%
8X8 -8.65%-6.51%-0.88%

Tucows has a beta of 0.84, suggesting that its share price is 16% less volatile than the S&P 500. Comparatively, 8X8 has a beta of 1.56, suggesting that its share price is 56% more volatile than the S&P 500.

Summary

8X8 beats Tucows on 12 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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EGHT vs. The Competition

Metric8X8Data processing & preparation IndustryComputer SectorNASDAQ Exchange
Market Cap$282.33M$3.92B$23.97B$8.53B
Dividend YieldN/A3.07%2.75%4.14%
P/E Ratio-4.4024.07252.7915.18
Price / Sales0.394.853,725.0492.77
Price / Cash3.1925.3332.0734.07
Price / Book2.655.296.985.02
Net Income-$67.59M$38.86M$670.43M$225.46M
7 Day Performance10.55%-0.43%-0.32%0.37%
1 Month Performance10.00%3.56%0.65%3.57%
1 Year Performance-29.49%4.69%20.34%29.44%

8X8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EGHT
8X8
2.5317 of 5 stars
$2.20
-1.3%
$2.93
+33.1%
-3.9%$282.33M$728.71M-4.401,948Upcoming Earnings
TCX
Tucows
0.4372 of 5 stars
$19.96
+2.1%
N/A+14.9%$218.58M$350.81M-2.391,129Upcoming Earnings
News Coverage
SY
So-Young International
1.7657 of 5 stars
$0.93
-3.1%
$0.80
-14.0%
-5.3%$96.28M$1.50B23.261,357Positive News
Gap Down
BAND
Bandwidth
4.3198 of 5 stars
$18.89
-0.6%
$25.71
+36.1%
+76.7%$515.66M$662.03M-16.571,100Analyst Forecast
News Coverage
Gap Up
ATEX
Anterix
3.7095 of 5 stars
$32.96
+0.8%
$68.00
+106.3%
+9.4%$612.89M$5.11M-27.0270Short Interest ↑
Positive News
VNET
VNET Group
3.6727 of 5 stars
$3.45
-0.9%
$3.97
+15.0%
+3.2%$888.03M$1.04B-1.473,038Gap Up
TASK
TaskUs
2.3242 of 5 stars
$12.41
+0.6%
$15.38
+23.9%
+41.7%$1.10B$924.36M22.5648,200Upcoming Earnings
PGRU
PropertyGuru Group
0.5719 of 5 stars
$6.63
flat
$7.00
+5.6%
+82.4%$1.09B$157.82M-73.661,410
PHR
Phreesia
4.6029 of 5 stars
$18.49
+0.7%
$29.42
+59.1%
+33.9%$1.07B$389.96M-10.271,438
GB
Global Blue Group
2.1447 of 5 stars
$5.51
-0.4%
$6.00
+8.9%
+7.0%$1.05B$445.57M39.361,939
ETWO
E2open Parent
1.9972 of 5 stars
$3.03
-0.3%
$3.90
+28.7%
+2.0%$1.04B$619.30M-1.183,916Negative News

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This page (NASDAQ:EGHT) was last updated on 11/2/2024 by MarketBeat.com Staff
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