Price Target Analysis of MICT, Inc.(NASDAQ:MICT): 8×8 Inc(NASDAQ:EGHT)

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The Relative Volume of the company is 0.38 and Average Volume (3 months) is 33 million. The company’s P/E (price to earnings) ratio is 0 and Forward P/E ratio of 0.

The company shows its Return on Assets (ROA) value of -92.6%. The Return on Equity (ROE) value stands at -325.8%. While it’s Return on Investment (ROI) value is -76.2%.

While looking at the Stock’s Performance, MICT, Inc. currently shows a Weekly Performance of 1.79%, where Monthly Performance is 4.6%, Quarterly performance is 15.15%, 6 Months performance is 26.67% and yearly performance percentage is 12.32%. Year to Date performance value (YTD perf) value is 28.05%. The Stock currently has a Weekly Volatility of 4.99% and Monthly Volatility of 7.66%.

8×8 Inc (EGHT) will report its next earnings on May 12 AMC. The company reported the earnings of $-0.17/Share in the last quarter where the estimated EPS by analysts was $-0.17/share. The difference between the expected and actual EPS was $0/share, which represents an Earnings surprise of 0%.

Many analysts are providing their Estimated Earnings analysis for 8×8 Inc and for the current quarter 16 analysts have projected that the stock could give an Average Earnings estimate of $-0.14/share. These analysts have also projected a Low Estimate of $-0.16/share and a High Estimate of $-0.14/share.

In case of Revenue Estimates, 15 analysts have provided their consensus Average Revenue Estimates for 8×8 Inc as 119.33 Million. According to these analysts, the Low Revenue Estimate for 8×8 Inc is 118.1 Million and the High Revenue Estimate is 120.94 Million. The company had Year Ago Sales of 93.77 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for EGHT to be 7.1%. They are projecting Next Quarter growth of 50%. For the next 5 years, 8×8 Inc is expecting Growth of 94.75% per annum, whereas in the past 5 years the growth was 54.24% per annum.

Some buy side analysts are also providing their Analysis on 8×8 Inc, where 1 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 2 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

The Relative Volume of the company is 2.8 and Average Volume (3 months) is 2.22 million. The company’s P/E (price to earnings) ratio is 0 and Forward P/E ratio of 7565.

The company shows its Return on Assets (ROA) value of -20.3%. The Return on Equity (ROE) value stands at -54.2%. While it’s Return on Investment (ROI) value is -19.7%.

While looking at the Stock’s Performance, 8×8 Inc currently shows a Weekly Performance of 5.95%, where Monthly Performance is -12.14%, Quarterly performance is -24.99%, 6 Months performance is -24.99% and yearly performance percentage is -36.48%. Year to Date performance value (YTD perf) value is -17.32%. The Stock currently has a Weekly Volatility of 8.55% and Monthly Volatility of 7.88%.

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