EGHT
Price
$2.88
Change
-$0.00 (-0.00%)
Updated
Nov 13 closing price
75 days until earnings call
RNG
Price
$36.74
Change
-$1.20 (-3.16%)
Updated
Nov 14 closing price
94 days until earnings call
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EGHT vs RNG

Header iconEGHT vs RNG Comparison
Open Charts EGHT vs RNGBanner chart's image
8x8
Price$2.88
Change-$0.00 (-0.00%)
Volume$848.52K
CapitalizationN/A
RINGCENTRAL
Price$36.74
Change-$1.20 (-3.16%)
Volume$1.05M
CapitalizationN/A
EGHT vs RNG Comparison Chart
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EGHT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
RNG
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
EGHT vs. RNG commentary
Nov 15, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is EGHT is a StrongBuy and RNG is a StrongBuy.

COMPARISON
Comparison
Nov 15, 2024
Stock price -- (EGHT: $2.87 vs. RNG: $36.74)
Brand notoriety: EGHT: Notable vs. RNG: Not notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: EGHT: 77% vs. RNG: 78%
Market capitalization -- EGHT: $330.77M vs. RNG: $3.21B
EGHT [@Packaged Software] is valued at $330.77M. RNG’s [@Packaged Software] market capitalization is $3.21B. The market cap for tickers in the [@Packaged Software] industry ranges from $3.15T to $0. The average market capitalization across the [@Packaged Software] industry is $11.37B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

EGHT’s FA Score shows that 1 FA rating(s) are green whileRNG’s FA Score has 0 green FA rating(s).

  • EGHT’s FA Score: 1 green, 4 red.
  • RNG’s FA Score: 0 green, 5 red.
According to our system of comparison, EGHT is a better buy in the long-term than RNG.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

EGHT’s TA Score shows that 4 TA indicator(s) are bullish while RNG’s TA Score has 2 bullish TA indicator(s).

  • EGHT’s TA Score: 4 bullish, 4 bearish.
  • RNG’s TA Score: 2 bullish, 5 bearish.
According to our system of comparison, EGHT is a better buy in the short-term than RNG.

Price Growth

EGHT (@Packaged Software) experienced а -2.71% price change this week, while RNG (@Packaged Software) price change was -5.31% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was +0.05%. For the same industry, the average monthly price growth was +4.87%, and the average quarterly price growth was +3.96%.

Reported Earning Dates

EGHT is expected to report earnings on Jan 29, 2025.

RNG is expected to report earnings on Feb 17, 2025.

Industries' Descriptions

@Packaged Software (+0.05% weekly)

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

SUMMARIES
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FUNDAMENTALS
Fundamentals
RNG($3.21B) has a higher market cap than EGHT($331M). RNG YTD gains are higher at: 11.753 vs. EGHT (-23.810). RNG has higher annual earnings (EBITDA): 113M vs. EGHT (38.8M). RNG has more cash in the bank: 222M vs. EGHT (170M). EGHT has less debt than RNG: EGHT (543M) vs RNG (1.59B). RNG has higher revenues than EGHT: RNG (2.2B) vs EGHT (734M).
EGHTRNGEGHT / RNG
Capitalization331M3.21B10%
EBITDA38.8M113M34%
Gain YTD-23.81011.753-203%
P/E Ratio834.51N/A-
Revenue734M2.2B33%
Total Cash170M222M77%
Total Debt543M1.59B34%
FUNDAMENTALS RATINGS
EGHT vs RNG: Fundamental Ratings
EGHT
RNG
OUTLOOK RATING
1..100
2620
VALUATION
overvalued / fair valued / undervalued
1..100
96
Overvalued
89
Overvalued
PROFIT vs RISK RATING
1..100
100100
SMR RATING
1..100
97100
PRICE GROWTH RATING
1..100
3745
P/E GROWTH RATING
1..100
18100
SEASONALITY SCORE
1..100
7575

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

RNG's Valuation (89) in the Packaged Software industry is in the same range as EGHT (96). This means that RNG’s stock grew similarly to EGHT’s over the last 12 months.

RNG's Profit vs Risk Rating (100) in the Packaged Software industry is in the same range as EGHT (100). This means that RNG’s stock grew similarly to EGHT’s over the last 12 months.

EGHT's SMR Rating (97) in the Packaged Software industry is in the same range as RNG (100). This means that EGHT’s stock grew similarly to RNG’s over the last 12 months.

EGHT's Price Growth Rating (37) in the Packaged Software industry is in the same range as RNG (45). This means that EGHT’s stock grew similarly to RNG’s over the last 12 months.

EGHT's P/E Growth Rating (18) in the Packaged Software industry is significantly better than the same rating for RNG (100). This means that EGHT’s stock grew significantly faster than RNG’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
EGHTRNG
RSI
ODDS (%)
Bearish Trend 3 days ago
81%
Bearish Trend 3 days ago
83%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
78%
Bearish Trend 3 days ago
85%
Momentum
ODDS (%)
Bullish Trend 3 days ago
77%
N/A
MACD
ODDS (%)
Bullish Trend 3 days ago
66%
N/A
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
73%
Bullish Trend 3 days ago
74%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
75%
Bullish Trend 3 days ago
74%
Advances
ODDS (%)
Bullish Trend 8 days ago
70%
Bullish Trend 3 days ago
75%
Declines
ODDS (%)
Bearish Trend 4 days ago
81%
Bearish Trend 5 days ago
83%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
82%
Bearish Trend 3 days ago
81%
Aroon
ODDS (%)
Bullish Trend 3 days ago
68%
Bullish Trend 3 days ago
75%
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EGHT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
RNG
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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EGHT and

Correlation & Price change

A.I.dvisor indicates that over the last year, EGHT has been loosely correlated with BMBL. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if EGHT jumps, then BMBL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EGHT
1D Price
Change %
EGHT100%
+0.70%
BMBL - EGHT
54%
Loosely correlated
-4.07%
BIGC - EGHT
43%
Loosely correlated
-0.93%
FROG - EGHT
42%
Loosely correlated
+2.65%
RNG - EGHT
41%
Loosely correlated
+4.60%
U - EGHT
40%
Loosely correlated
-0.47%
More

RNG and

Correlation & Price change

A.I.dvisor indicates that over the last year, RNG has been loosely correlated with SSNC. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if RNG jumps, then SSNC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RNG
1D Price
Change %
RNG100%
+4.60%
SSNC - RNG
45%
Loosely correlated
+0.74%
ZM - RNG
45%
Loosely correlated
-1.48%
ASAN - RNG
43%
Loosely correlated
+2.65%
SPNS - RNG
43%
Loosely correlated
+1.49%
U - RNG
41%
Loosely correlated
-0.47%
More