8x8 IncFind Ratings Reports
8X8 INC's gross profit margin for the first quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. 8X8 INC is extremely liquid. Currently, the Quick Ratio is 4.14 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has increased by 12.57% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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|Income Statement||Q1 FY17||Q1 FY16|
|Net Sales ($mil)||69.1||60.04|
|Net Income ($mil)||-2.17||-0.53|
|Balance Sheet||Q1 FY17||Q1 FY16|
|Cash & Equiv. ($mil)||177.81||167.07|
|Total Assets ($mil)||360.15||315.65|
|Total Debt ($mil)||0.0||0.0|
|Profitability||Q1 FY17||Q1 FY16|
|Gross Profit Margin||80.4||77.47|
|Return on Assets||-1.77||-1.63|
|Return on Equity||-2.04||-1.86|
|Debt||Q1 FY17||Q1 FY16|
|Share Data||Q1 FY17||Q1 FY16|
|Shares outstanding (mil)||91.5||89.68|
|Div / share||0.0||0.0|
|Book value / share||3.41||3.09|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||881593.0||705058.0|
HOLD. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Conducting a second comparison, its price-to-book ratio of 3.83 indicates a premium versus the S&P 500 average of 3.03 and a significant discount versus the industry average of 8.42. The price-to-sales ratio is well above the S&P 500 average, but well below the industry average. After reviewing these and other key valuation criteria, 8X8 INC proves to trade at a discount to investment alternatives within the industry.
|EGHT NM||Peers 57.91||EGHT 42.66||Peers 36.42|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
EGHT's P/E is negative making this valuation measure meaningless.
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
EGHT is trading at a premium to its peers.
|EGHT 118.64||Peers 38.13||EGHT NA||Peers 1.10|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.
EGHT is trading at a significant premium to its peers.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|EGHT 3.83||Peers 8.42||EGHT 0.00||Peers 87.98|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
EGHT is trading at a significant discount to its peers.
Neutral. Higher earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
The growth rate for EGHT is not available.
|EGHT 4.55||Peers 6.83||EGHT 18.49||Peers 11.94|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
EGHT is trading at a significant discount to its industry on this measurement.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
EGHT has a sales growth rate that significantly exceeds its peers.