Ringcentral, Inc. (RNG): Price and Financial Metrics
Ringcentral, Inc. (RNG)
Today's Latest Price: $254.06 USD
Updated Jun 4 4:00pm
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POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 47 in Software - Business
See all "A" rated Strong Buy stocks
RNG Stock Summary
- Price to trailing twelve month operating cash flow for RNG is currently 412.61, higher than 99.33% of US stocks with positive operating cash flow.
- RNG's price/sales ratio is 24.58; that's higher than the P/S ratio of 94.16% of US stocks.
- Over the past twelve months, RNG has reported earnings growth of 549.28%, putting it ahead of 97.4% of US stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to RingCentral Inc are OKTA, ZS, DOCU, TDOC, and COUP.
- Visit RNG's SEC page to see the company's official filings. To visit the company's web site, go to www.ringcentral.com.
RNG Stock Price Chart More Charts
RNG Price/Volume Stats
| Current price | $254.06 | 52-week high | $292.48 |
| Prev. close | $270.93 | 52-week low | $110.34 |
| Day low | $251.00 | Volume | 1,136,904 |
| Day high | $272.87 | Avg. volume | 1,409,120 |
| 50-day MA | $242.32 | Dividend yield | N/A |
| 200-day MA | $191.16 | Market Cap | 22.13B |
Ringcentral, Inc. (RNG) Company Bio
RingCentral is a provider of software-as-a-service (SaaS) solutions for business communications.The Company's flagship product RingCentral Office is a multi-location, multi-user, enterprise-grade communications solution that enables employees to communicate through different channels and on multiple devices. The company was founded in 1999 and is based in San Mateo, California.
RNG Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $254.06 | $3.1 | -99% |
We started the process of determining a valid price forecast for RingCentral Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that RingCentral Inc ranked in the 2th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for RingCentral Inc ended up being:
- RingCentral Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -3.7. This coverage rate is greater than that of only 11.51% of stocks we're observing for the purpose of forecasting via discounted cash flows.
- Relative to other stocks in its sector (Technology), RingCentral Inc has a reliance on debt greater than only 24.23% of them.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -99% |
| 1% | -99% |
| 2% | -99% |
| 3% | -99% |
| 4% | -99% |
| 5% | -99% |
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as RNG, try AIRG, INIS, KLIC, MTSC, and TCX.
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