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8X8 (EGHT) Competitors

$2.73
+0.05 (+1.87%)
(As of 05/31/2024 ET)

EGHT vs. TCX, VNET, BAND, SY, CARS, CSGS, TASK, NRDS, GB, and PGRU

Should you be buying 8X8 stock or one of its competitors? The main competitors of 8X8 include Tucows (TCX), VNET Group (VNET), Bandwidth (BAND), So-Young International (SY), Cars.com (CARS), CSG Systems International (CSGS), TaskUs (TASK), NerdWallet (NRDS), Global Blue Group (GB), and PropertyGuru Group (PGRU).

8X8 vs.

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

73.6% of Tucows shares are held by institutional investors. Comparatively, 94.0% of 8X8 shares are held by institutional investors. 11.6% of Tucows shares are held by company insiders. Comparatively, 1.1% of 8X8 shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

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$339.34M0.73-$96.20M-$9.51-2.39
8X8$728.71M0.47-$67.59M-$0.55-4.96

8X8 has a consensus target price of $3.54, indicating a potential upside of 29.73%. Given Tucows' higher possible upside, analysts plainly 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
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, 8X8 had 2 more articles in the media than Tucows. MarketBeat recorded 4 mentions for 8X8 and 2 mentions for Tucows. 8X8's average media sentiment score of 1.78 beat Tucows' score of 0.48 indicating that Tucows is being referred to more favorably in the media.

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

Tucows received 182 more outperform votes than 8X8 when rated by MarketBeat users. However, 60.00% of users gave 8X8 an outperform vote while only 59.00% of users gave Tucows an outperform vote.

CompanyUnderperformOutperform
TucowsOutperform Votes
200
59.00%
Underperform Votes
139
41.00%
8X8Outperform Votes
18
60.00%
Underperform Votes
12
40.00%

8X8 has a net margin of -9.28% compared to 8X8's net margin of -29.91%. Tucows' return on equity of -7.40% beat 8X8's return on equity.

Company Net Margins Return on Equity Return on Assets
Tucows-29.91% -490.14% -11.37%
8X8 -9.28%-7.40%-0.98%

Tucows has a beta of 0.92, indicating that its stock price is 8% less volatile than the S&P 500. Comparatively, 8X8 has a beta of 1.46, indicating that its stock price is 46% 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 EGHT 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$342.28M$3.48B$21.78B$7.99B
Dividend YieldN/A2.16%2.70%4.00%
P/E Ratio-4.9623.90231.8817.17
Price / Sales0.475.67534.0176.60
Price / Cash4.0152.7030.9931.55
Price / Book3.377.206.514.59
Net Income-$67.59M$43.41M$633.30M$213.90M
7 Day Performance-2.85%1.34%-0.69%0.87%
1 Month Performance21.33%3.32%1.93%1.82%
1 Year Performance-35.00%4.83%26.82%5.90%

8X8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TCX
Tucows
0.4283 of 5 stars
$22.77
+8.7%
N/A-26.2%$229.31M$339.34M-2.391,129News Coverage
Positive News
High Trading Volume
VNET
VNET Group
2.0822 of 5 stars
$2.09
+14.8%
$2.85
+36.4%
-27.9%$468.46M$1.04B-0.793,038Analyst Upgrade
News Coverage
High Trading Volume
BAND
Bandwidth
4.9134 of 5 stars
$20.54
+0.7%
$25.38
+23.5%
+66.9%$554.79M$601.12M-18.341,100Short Interest ↓
SY
So-Young International
0 of 5 stars
$1.05
+2.9%
N/A-50.9%$101.22M$210.99M52.531,357Earnings Report
Short Interest ↓
CARS
Cars.com
3.102 of 5 stars
$20.04
+4.0%
$24.00
+19.8%
+11.3%$1.33B$689.18M12.761,700Analyst Forecast
Insider Selling
CSGS
CSG Systems International
4.1604 of 5 stars
$42.86
+0.4%
$62.50
+45.8%
-12.0%$1.27B$1.17B19.576,000Dividend Announcement
Positive News
High Trading Volume
TASK
TaskUs
1.6144 of 5 stars
$14.14
+1.9%
$13.29
-6.0%
+23.7%$1.22B$924.36M27.7348,200Positive News
NRDS
NerdWallet
2.7808 of 5 stars
$14.05
+3.6%
$16.50
+17.4%
+45.6%$1.05B$599.40M-82.64730News Coverage
Positive News
GB
Global Blue Group
3.1398 of 5 stars
$4.85
-2.0%
$8.00
+64.9%
-9.1%$939.79M$324.52M48.501,783Upcoming Earnings
PGRU
PropertyGuru Group
2.2871 of 5 stars
$4.43
+0.2%
$7.00
+58.0%
-2.0%$721.69M$111.81M-88.601,526

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This page (NASDAQ:EGHT) was last updated on 6/2/2024 by MarketBeat.com Staff

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