Analysis 8x8, Inc. (0IFS)
5/30/2024
Analysis of 8x8, Inc. (0IFS)
Based on the provided data for 0IFS stock, here is a short analysis:1. Price Movement:
- The price of 0IFS stock has been fluctuating between 2.68930 and 3.72500 over the past few days.
- The stock closed at 2.68930 on 2024-05-17 and reached a high of 3.72500 on a previous date.
2. Technical Indicators:
- RSI Indicator: The Relative Strength Index (RSI) values have been fluctuating between 53.56827 and 73.55687, indicating some volatility in the stock.
- MACD Indicator: The Moving Average Convergence Divergence (MACD) values have shown positive trends, with the MACD histogram indicating bullish momentum.
3. Moving Averages:
- Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) have been calculated for the stock.
- The moving averages show an increasing trend, indicating a potential bullish signal.
4. Overall Analysis:
- The stock has shown some volatility in price movements but has also displayed bullish signals in terms of technical indicators and moving averages.
- Investors may consider monitoring the stock for further price movements and confirmatory signals before making any investment decisions.
Please note that this analysis is based on historical data and does not guarantee future performance. It is always recommended to conduct thorough research and analysis before making investment decisions.
Revenue estimate
Based on the analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates suggest a moderate growth trend in both quarterly and annual sales for the company, with slightly higher growth expected in the next fiscal year compared to the current one.
Growth estimates
Based on the consensus estimates provided, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.6%.
2. Next Quarter: The estimated growth rate for the next quarter is 4.8%.
3. Current Year: The estimated growth rate for the current year is 7.5%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average growth rate for the past 5 years is 20.1% per annum.
6. Next 5 Years (per annum): The estimated growth rate for the next 5 years is 11% per annum.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the next 5 years compared to the past 5 years. The company is projected to experience steady growth in the short term, with a higher growth rate expected in the next year compared to the current year.
Price target
The analysts' forecast for the future price of the security paper is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, we can see that the analysts have a wide range of opinions on the future price of the security paper, with the low end at $164, the high end at $250, and the average at $202.26. The current price is below both the average and median forecast, indicating that there is potential for growth according to the analysts' predictions.
Earnings
The company's results for the most recent quarter ending on April 30, 2025, have not been provided yet. The previous results from February 27, 2025, were related to the transfer agent. The results from January 31, 2025, were reported after hours. The results from October 31, 2024, were not provided at a specific time. The results from August 1, 2024, showed an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits information for a specific company.In terms of financials, the company has strong operating cash flow and levered free cash flow, with a positive current ratio. The profit margin and operating margin are also healthy, indicating efficient operations. The company's fiscal year ends in September 2023, and it has shown a positive return on assets and return on equity.
Looking at stock statistics, the company has a low short ratio and a significant percentage of shares held by institutions. The stock price has fluctuated between a fifty-two-week low and high, with a positive change over the period.
Valuation metrics show a relatively high PEG ratio and price-to-book ratio, with the company's market capitalization and enterprise value also provided.
The stock price summary includes beta, moving averages, and the range of prices over the past fifty-two weeks.
Lastly, dividends and splits information shows the company's dividend dates, payout ratio, and historical dividend yields. The company has also undergone a stock split in the past.
Income statement 💸
These are the revenues. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. The gross profit margin has been fluctuating, with the highest in 2020 at $104.9 billion and the lowest in 2021 at $152.8 billion.
3. Operating income has also varied, with the highest in 2020 at $66.3 billion and the lowest in 2021 at $108.9 billion.
4. Net income has shown an increasing trend, from $57.4 billion in 2020 to $97 billion in 2023.
5. Earnings per share (EPS) have been relatively stable, with slight fluctuations over the years.
6. The company has been able to maintain a positive EBITDA, indicating operational efficiency.
7. Despite fluctuations in income tax expenses, the company has managed to increase its net income continuously.
8. The company has been able to manage its operating expenses effectively, as seen in the variations in research and development and selling, general, and administrative expenses over the years.
9. Non-operating interest income and expenses have also shown variations, impacting the company's overall financial performance.
10. The number of basic and diluted shares outstanding has remained relatively stable over the years.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, from $323.9 billion in 2018 to $352.8 billion in 2023.
2. Current assets have fluctuated but generally increased, indicating improved liquidity.
3. Non-current assets have also shown an increasing trend, suggesting long-term investment and growth.
4. Total liabilities have also been on the rise, from $255.4 billion in 2018 to $290.4 billion in 2023.
5. Shareholders' equity has shown an overall increase, indicating a positive retained earnings trend.
6. The company seems to be investing in machinery, furniture, and equipment, as these assets have consistently increased.
7. The company has been relying on short-term debt, which has fluctuated over the years.
8. There is a significant amount of cash and cash equivalents, indicating the company's ability to meet short-term obligations.
9. The company has been making investments and advances, which have contributed to the growth in non-current assets.
10. Overall, the financial health of the company seems to be stable and improving, with a focus on long-term growth and liquidity.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value recorded in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. Financing activities show a pattern of common stock repurchase and issuance, as well as long-term debt issuance and payments.
5. Investing activities reflect significant investments in the sale and purchase of investments, as well as capital expenditures.
6. The end cash position has also been fluctuating, reaching its highest value in 2020 and its lowest in 2022.
These conclusions provide insights into the company's financial performance and management of cash flows over the years.
Earnings estimate
The analysts' estimates for future quarterly and annual earnings per share are as follows:1. Current Quarter (as of June 30, 2024):
- Average Estimate: $1.33
- Low Estimate: $1.27
- High Estimate: $1.36
- Number of Analysts: 26
- Year Ago EPS: $1.26
2. Next Quarter (as of September 30, 2024):
- Average Estimate: $1.53
- Low Estimate: $1.44
- High Estimate: $1.63
- Number of Analysts: 25
- Year Ago EPS: $1.46
3. Current Year (as of September 30, 2024):
- Average Estimate: $6.59
- Low Estimate: $6.43
- High Estimate: $6.92
- Number of Analysts: 39
- Year Ago EPS: $6.13
4. Next Year (as of September 30, 2025):
- Average Estimate: $7.23
- Low Estimate: $6.40
- High Estimate: $7.90
- Number of Analysts: 39
- Year Ago EPS: $6.59
Based on these estimates, we can see a generally positive trend in the expected earnings per share for both the upcoming quarters and the next two fiscal years. The average estimates are showing growth compared to the year-ago EPS figures, indicating optimism among analysts regarding the company's performance.
MACD of 0IFS
This is not investment advice. Remember to verify the information provided here.
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