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RingCentral, Inc. (RNG)

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31.50 +0.81 (+2.64%)
As of 2:49 PM EDT. Market Open.
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DELL
  • Previous Close 30.69
  • Open 30.71
  • Bid 31.45 x 1300
  • Ask 31.47 x 800
  • Day's Range 30.58 - 31.56
  • 52 Week Range 25.08 - 38.35
  • Volume 1,180,500
  • Avg. Volume 1,250,585
  • Market Cap (intraday) 2.892B
  • Beta (5Y Monthly) 1.03
  • PE Ratio (TTM) --
  • EPS (TTM) -1.42
  • Earnings Date Nov 4, 2024 - Nov 8, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 40.38

RingCentral, Inc., together with its subsidiaries, provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The company's products include RingCentral Message Video Phone that provides a unified experience for communication and collaboration across multiple modes, including HD voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers AI-powered omnichannel and workforce engagement solutions with integrated RingCentral MVP; and RingCX, an AI-powered contact center that a native delivers omnichannel experience. It provides RingCentral Video, a video meeting service that includes the company's RCV video and team messaging capabilities; offers video and audio conferencing, team messaging, file sharing, contact, task, and calendar management, as well as pre-meeting, in-meeting, and post-meeting capabilities. In addition, the company offers RingCentral Professional Services, which include consultation, UCaaS and CCaaS implementation, VoIP phone system adoption, configuring custom workflows, customer and user onboarding, ongoing support, advanced support, managed services, and more. It serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, state and local government, and others. It sells its products to enterprise customers, as well as small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.

www.ringcentral.com

4,084

Full Time Employees

December 31

Fiscal Year Ends

Recent News: RNG

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Performance Overview: RNG

Trailing total returns as of 10/2/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

RNG
7.22%
S&P 500
19.72%

1-Year Return

RNG
6.31%
S&P 500
33.17%

3-Year Return

RNG
86.23%
S&P 500
31.06%

5-Year Return

RNG
74.51%
S&P 500
94.21%

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Statistics: RNG

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Valuation Measures

Annual
As of 10/1/2024
  • Market Cap

    2.82B

  • Enterprise Value

    4.20B

  • Trailing P/E

    --

  • Forward P/E

    7.21

  • PEG Ratio (5yr expected)

    0.29

  • Price/Sales (ttm)

    1.25

  • Price/Book (mrq)

    --

  • Enterprise Value/Revenue

    1.82

  • Enterprise Value/EBITDA

    25.55

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -5.75%

  • Return on Assets (ttm)

    -3.25%

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    2.31B

  • Net Income Avi to Common (ttm)

    -132.61M

  • Diluted EPS (ttm)

    -1.42

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    199.33M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    569.31M

Research Analysis: RNG

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Earnings Per Share

Consensus EPS
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

31.00
40.38 Average
31.50 Current
52.00 High
 

Company Insights: RNG

Research Reports: RNG

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  • RingCentral Earnings: New Products and Growing Enterprise Sales Drive Solid Results

    RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a stand-alone video meetings solution, and webinars.

    Rating
    Price Target
     
  • Morningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover

    In this edition, Grab Holdings worth grabbing now; examining medical-device makers' moat; a hard look at software makers' moat; and Vesync, Macy's, and Travelers Companies.

     
  • Morningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover

    In this edition, Grab Holdings worth grabbing now; examining medical-device makers' moat; a hard look at software makers' moat; and Vesync, Macy's, and Travelers Companies.

     
  • RingCentral Earnings: Enterprise Strength Continues with Firm's Largest Deal Ever

    RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a stand-alone video meetings solution, and webinars.

    Rating
    Price Target
     

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