EGHT vs. BL: Which Stock Is the Better Value Option?

Core Insights - The article compares two stocks in the Internet - Software sector, 8x8 (EGHT) and BlackLine (BL), to determine which is more attractive to value investors [1] Valuation Metrics - 8x8 (EGHT) has a Zacks Rank of 2 (Buy), indicating a stronger earnings outlook compared to BlackLine (BL), which has a Zacks Rank of 4 (Sell) [3] - EGHT has a forward P/E ratio of 7.92, significantly lower than BL's forward P/E of 23.76, suggesting EGHT is undervalued [5] - The PEG ratio for EGHT is 0.68, while BL's PEG ratio is 4.70, indicating that EGHT is expected to grow earnings at a more favorable rate relative to its price [5] - EGHT's P/B ratio is 3.27, compared to BL's P/B of 6.90, further supporting the notion that EGHT is more attractively valued [6] - Based on these metrics, EGHT holds a Value grade of B, while BL has a Value grade of D, making EGHT the preferred choice for value investors [6]