BL
Price
$60.83
Change
+$1.94 (+3.29%)
Updated
Apr 26, 6:59 PM EST
5 days until earnings call
EGHT
Price
$2.27
Change
-$0.05 (-2.16%)
Updated
Apr 26, 6:59 PM EST
12 days until earnings call
Ad is loading...

BL vs EGHT ᐉ Comparison: Which is Better to Invest?

Header iconBL vs EGHT Comparison
Open Charts BL vs EGHTBanner chart's image
BlackLine
Price$60.83
Change+$1.94 (+3.29%)
Volume$327.27K
CapitalizationN/A
8x8
Price$2.27
Change-$0.05 (-2.16%)
Volume$500.38K
CapitalizationN/A
View a ticker or compare two or three
BL vs EGHT Comparison Chart

Loading...

BLDaily Signal changed days agoGain/Loss if shorted
 
Show more...
EGHTDaily Signal changed days agoGain/Loss if shorted
 
Show more...
VS
BL vs. EGHT commentary
Apr 27, 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 BL is a Hold and EGHT is a Hold.

COMPARISON
Comparison
Apr 27, 2024
Stock price -- (BL: $58.89 vs. EGHT: $2.32)
Brand notoriety: BL: Not notable vs. EGHT: Notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: BL: 49% vs. EGHT: 87%
Market capitalization -- BL: $3.99B vs. EGHT: $330.77M
BL [@Packaged Software] is valued at $3.99B. EGHT’s [@Packaged Software] market capitalization is $330.77M. 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 $10.1B.

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).

BL’s FA Score shows that 0 FA rating(s) are green whileEGHT’s FA Score has 1 green FA rating(s).

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

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.

BL’s TA Score shows that 2 TA indicator(s) are bullish while EGHT’s TA Score has 5 bullish TA indicator(s).

  • BL’s TA Score: 2 bullish, 7 bearish.
  • EGHT’s TA Score: 5 bullish, 3 bearish.
According to our system of comparison, EGHT is a better buy in the short-term than BL.

Price Growth

BL (@Packaged Software) experienced а +1.80% price change this week, while EGHT (@Packaged Software) price change was +7.91% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was +2.16%. For the same industry, the average monthly price growth was -1.56%, and the average quarterly price growth was +24.08%.

Reported Earning Dates

BL is expected to report earnings on Aug 01, 2024.

EGHT is expected to report earnings on Jul 31, 2024.

Industries' Descriptions

@Packaged Software (+2.16% 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
A.I.dvisor published
a Summary for BL with price predictions.
OPEN
A.I.dvisor published
a Summary for EGHT with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
BL($3.99B) has a higher market cap than EGHT($331M). EGHT has higher P/E ratio than BL: EGHT (834.51) vs BL (78.96). BL YTD gains are higher at: -5.685 vs. EGHT (-38.624). BL has higher annual earnings (EBITDA): 117M vs. EGHT (38.8M). BL has more cash in the bank: 1.2B vs. EGHT (170M). EGHT has less debt than BL: EGHT (543M) vs BL (1.41B). EGHT has higher revenues than BL: EGHT (734M) vs BL (590M).
BLEGHTBL / EGHT
Capitalization3.99B331M1,206%
EBITDA117M38.8M302%
Gain YTD-5.685-38.62415%
P/E Ratio78.96834.519%
Revenue590M734M80%
Total Cash1.2B170M708%
Total Debt1.41B543M260%
FUNDAMENTALS RATINGS
BL vs EGHT: Fundamental Ratings
BL
EGHT
OUTLOOK RATING
1..100
547
VALUATION
overvalued / fair valued / undervalued
1..100
85
Overvalued
95
Overvalued
PROFIT vs RISK RATING
1..100
81100
SMR RATING
1..100
3697
PRICE GROWTH RATING
1..100
5483
P/E GROWTH RATING
1..100
9719
SEASONALITY SCORE
1..100
n/an/a

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.

BL's Valuation (85) in the Packaged Software industry is in the same range as EGHT (95). This means that BL’s stock grew similarly to EGHT’s over the last 12 months.

BL's Profit vs Risk Rating (81) in the Packaged Software industry is in the same range as EGHT (100). This means that BL’s stock grew similarly to EGHT’s over the last 12 months.

BL's SMR Rating (36) in the Packaged Software industry is somewhat better than the same rating for EGHT (97). This means that BL’s stock grew somewhat faster than EGHT’s over the last 12 months.

BL's Price Growth Rating (54) in the Packaged Software industry is in the same range as EGHT (83). This means that BL’s stock grew similarly to EGHT’s over the last 12 months.

EGHT's P/E Growth Rating (19) in the Packaged Software industry is significantly better than the same rating for BL (97). This means that EGHT’s stock grew significantly faster than BL’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
BLEGHT
RSI
ODDS (%)
N/A
Bullish Trend 2 days ago
68%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
65%
Bullish Trend 2 days ago
63%
Momentum
ODDS (%)
Bearish Trend 2 days ago
71%
Bearish Trend 4 days ago
85%
MACD
ODDS (%)
Bearish Trend 2 days ago
75%
Bullish Trend 2 days ago
55%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
73%
Bullish Trend 2 days ago
69%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
70%
Bearish Trend 2 days ago
83%
Advances
ODDS (%)
Bullish Trend 4 days ago
71%
Bullish Trend 3 days ago
67%
Declines
ODDS (%)
Bearish Trend 2 days ago
72%
Bearish Trend 9 days ago
80%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
73%
Bullish Trend 2 days ago
83%
Aroon
ODDS (%)
Bearish Trend 2 days ago
86%
Bearish Trend 2 days ago
87%
View a ticker or compare two or three
Ad is loading...
BLDaily Signal changed days agoGain/Loss if shorted
 
Show more...
EGHTDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
EDOG20.760.11
+0.51%
ALPS Emerging Sector Dividend Dogs ETF
DBGR34.51N/A
N/A
Xtrackers MSCI Germany Hedged Equity ETF
FPEI17.93-0.03
-0.17%
First Trust Instl Pref Secs and Inc ETF
LCTD44.47-0.16
-0.37%
BlackRock World ex US Cbn Tnstn Rdns ETF
AESR14.82-0.10
-0.68%
Anfield US Equity Sector Rotation ETF

BL and

Correlation & Price change

A.I.dvisor indicates that over the last year, BL has been loosely correlated with COIN. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if BL jumps, then COIN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BL
1D Price
Change %
BL100%
-1.74%
COIN - BL
60%
Loosely correlated
-0.34%
QTWO - BL
60%
Loosely correlated
-1.65%
CLSK - BL
59%
Loosely correlated
-1.21%
RNG - BL
56%
Loosely correlated
-0.92%
APPN - BL
56%
Loosely correlated
-1.25%
More

EGHT and

Correlation & Price change

A.I.dvisor indicates that over the last year, EGHT has been loosely correlated with RNG. These tickers have moved in lockstep 59% of the time. This A.I.-generated data suggests there is some statistical probability that if EGHT jumps, then RNG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EGHT
1D Price
Change %
EGHT100%
-2.11%
RNG - EGHT
59%
Loosely correlated
-0.92%
COIN - EGHT
56%
Loosely correlated
-0.34%
CLSK - EGHT
54%
Loosely correlated
-1.21%
ACIW - EGHT
52%
Loosely correlated
-1.68%
BL - EGHT
50%
Loosely correlated
-1.74%
More