EGHT vs. PCYG, QBTS, TCX, OOMA, TRVG, INOD, SOHU, SY, LTRPA, and BCOV
Should you be buying 8X8 stock or one of its competitors? The main competitors of 8X8 include Park City Group (PCYG), D-Wave Quantum (QBTS), Tucows (TCX), Ooma (OOMA), trivago (TRVG), Innodata (INOD), Sohu.com (SOHU), So-Young International (SY), Liberty TripAdvisor (LTRPA), and Brightcove (BCOV). These companies are all part of the "data processing & preparation" industry.
Park City Group (NASDAQ:PCYG) and 8X8 (NASDAQ:EGHT) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, institutional ownership, media sentiment, community ranking, earnings, dividends, analyst recommendations, valuation and profitability.
Park City Group currently has a consensus target price of $10.00, suggesting a potential downside of 36.83%. 8X8 has a consensus target price of $3.68, suggesting a potential upside of 65.70%. Given Park City Group's higher probable upside, analysts clearly believe 8X8 is more favorable than Park City Group.
In the previous week, 8X8 had 3 more articles in the media than Park City Group. MarketBeat recorded 5 mentions for 8X8 and 2 mentions for Park City Group. Park City Group's average media sentiment score of 0.45 beat 8X8's score of 0.16 indicating that 8X8 is being referred to more favorably in the news media.
Park City Group has higher earnings, but lower revenue than 8X8. 8X8 is trading at a lower price-to-earnings ratio than Park City Group, indicating that it is currently the more affordable of the two stocks.
Park City Group received 210 more outperform votes than 8X8 when rated by MarketBeat users. Likewise, 60.27% of users gave Park City Group an outperform vote while only 59.26% of users gave 8X8 an outperform vote.
Park City Group has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500. Comparatively, 8X8 has a beta of 1.46, suggesting that its stock price is 46% more volatile than the S&P 500.
Park City Group has a net margin of 29.27% compared to Park City Group's net margin of -7.28%. 8X8's return on equity of 12.48% beat Park City Group's return on equity.
26.4% of Park City Group shares are held by institutional investors. Comparatively, 94.0% of 8X8 shares are held by institutional investors. 42.0% of Park City Group shares are held by company insiders. Comparatively, 1.1% of 8X8 shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Summary
Park City Group beats 8X8 on 10 of the 17 factors compared between the two stocks.
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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.
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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