Analyzing 8X8 (NASDAQ:EGHT) and Singlepoint (OTCMKTS:SING)

8X8 (NASDAQ:EGHTGet Free Report) and Singlepoint (OTCMKTS:SINGGet Free Report) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, earnings, risk, profitability, valuation and dividends.

Volatility and Risk

8X8 has a beta of 1.83, suggesting that its share price is 83% more volatile than the S&P 500. Comparatively, Singlepoint has a beta of 1.09, suggesting that its share price is 9% more volatile than the S&P 500.

Institutional and Insider Ownership

94.0% of 8X8 shares are held by institutional investors. 2.0% of 8X8 shares are held by insiders. Comparatively, 48.9% of Singlepoint shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Earnings and Valuation

This table compares 8X8 and Singlepoint”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
8X8 $727.55 million 0.46 -$27.21 million ($0.02) -119.50
Singlepoint $20.28 million 0.00 -$28.93 million ($22.66) 0.00

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

Profitability

This table compares 8X8 and Singlepoint’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
8X8 -0.53% 20.12% 3.92%
Singlepoint N/A N/A N/A

Analyst Ratings

This is a summary of recent recommendations and price targets for 8X8 and Singlepoint, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
8X8 1 1 1 0 2.00
Singlepoint 0 0 0 0 0.00

8X8 presently has a consensus target price of $2.33, suggesting a potential downside of 2.72%. Given 8X8’s stronger consensus rating and higher possible upside, equities research analysts plainly believe 8X8 is more favorable than Singlepoint.

Summary

8X8 beats Singlepoint on 11 of the 14 factors compared between the two stocks.

About 8X8

(Get Free Report)

8×8, Inc. engages in the provision of enterprise communication solutions. It offers solutions to the business services, education, financial services, government, healthcare, and manufacturing industries. The company was founded in February 1987 and is headquartered in Campbell, CA.

About Singlepoint

(Get Free Report)

SinglePoint Inc. focuses on providing renewable energy solutions and energy-efficient applications in the United States. The company offers solar and air purification services; and solar installation and brokerage services. It also operates as an online store; supplies hydroponic supplies and nutrients to commercial and individual farmers, as well as nutrients, lights, HVAC systems, and other products to individuals that are interested in horticulture; and offers automotive technology solutions for vehicle repairs. In addition, the company provides digital and direct marketing services focused on customer lead generation in the solar energy industry. Further, it offers solar, battery backup, and electric vehicle chargers to homeowners and commercial business. The company was incorporated in 2007 and is based in Phoenix, Arizona.

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