Ringcentral, Inc. (RNG): Price and Financial Metrics


Ringcentral, Inc. (RNG): $65.84

3.89 (+6.28%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

RNG POWR Grades


  • Sentiment is the dimension where RNG ranks best; there it ranks ahead of 43.74% of US stocks.
  • The strongest trend for RNG is in Value, which has been heading up over the past 179 days.
  • RNG's current lowest rank is in the Growth metric (where it is better than 17.84% of US stocks).

RNG Stock Summary

  • Price to trailing twelve month operating cash flow for RNG is currently 79.54, higher than 93.81% of US stocks with positive operating cash flow.
  • RNG's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 95.37% of US stocks.
  • Over the past twelve months, RNG has reported earnings growth of 843.66%, putting it ahead of 97.45% of US stocks in our set.
  • If you're looking for stocks that are quantitatively similar to RingCentral Inc, a group of peers worth examining would be PLAN, HCAT, DOCU, EGHT, and GDRX.
  • RNG's SEC filings can be seen here. And to visit RingCentral Inc's official web site, go to www.ringcentral.com.

RNG Valuation Summary

  • RNG's price/earnings ratio is -178.4; this is 557.44% lower than that of the median Technology stock.
  • RNG's EV/EBIT ratio has moved down 322 over the prior 97 months.
  • Over the past 97 months, RNG's price/earnings ratio has gone down 151.1.

Below are key valuation metrics over time for RNG.

Stock Date P/S P/B P/E EV/EBIT
RNG 2021-09-01 17.4 258.9 -178.4 -351.1
RNG 2021-08-31 16.9 250.1 -172.4 -339.7
RNG 2021-08-30 17.1 254.0 -175.1 -344.8
RNG 2021-08-27 17.2 255.3 -175.9 -346.5
RNG 2021-08-26 17.0 252.2 -173.8 -342.4
RNG 2021-08-25 17.1 253.6 -174.7 -344.2

RNG Growth Metrics

    The 2 year revenue growth rate now stands at 79.4%.
  • Its year over year price growth rate is now at -6.54%.
  • The 5 year revenue growth rate now stands at 205.21%.
Over the past 15 months, RNG's revenue has gone up $492,768,000.

The table below shows RNG's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-12-31 1,594.754 152.151 -376.25
2021-09-30 1,480.794 102.016 -259.72
2021-06-30 1,369.789 -13.829 -133.926
2021-03-31 1,268.501 -11.305 -22.461
2020-12-31 1,183.657 -35.191 -82.996
2020-09-30 1,101.986 -38.869 -106.426

RNG's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • RNG has a Quality Grade of C, ranking ahead of 30.24% of graded US stocks.
  • RNG's asset turnover comes in at 0.657 -- ranking 246th of 563 Business Services stocks.
  • FIVN, VRSN, and SFUN are the stocks whose asset turnover ratios are most correlated with RNG.

The table below shows RNG's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.657 0.726 -0.030
2021-03-31 0.609 0.726 0.017
2020-12-31 0.582 0.727 -0.016
2020-09-30 0.595 0.728 -0.040
2020-06-30 0.650 0.732 -0.054
2020-03-31 0.718 0.738 -0.089

RNG Price Target

For more insight on analysts targets of RNG, see our RNG price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $408.65 Average Broker Recommendation 1.38 (Strong Buy)

RNG Stock Price Chart Interactive Chart >

Price chart for RNG

RNG Price/Volume Stats

Current price $65.84 52-week high $315.00
Prev. close $61.95 52-week low $56.95
Day low $63.46 Volume 2,762,700
Day high $66.41 Avg. volume 1,433,630
50-day MA $93.37 Dividend yield N/A
200-day MA $174.26 Market Cap 6.07B

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.


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Latest RNG News From Around the Web

Below are the latest news stories about RingCentral Inc that investors may wish to consider to help them evaluate RNG as an investment opportunity.

RingCentral's (RNG) CEO Vlad Shmunis on Q4 2021 Results - Earnings Call Transcript

RingCentral Inc. (RNG) Q4 2021 Earnings Conference Call February 22, 2022 5:00 PM ET Company Participants Ryan Goodman – Head-Investor Relations Vlad Shmunis – Founder, Chairman, and Chief Executive Officer Mo Katibeh – Chief Operating Officer Vaibhav Agarwal – Interim Chief Financial Officer Conference Call Participants Brian Peterson – Raymond...

SA Transcripts on Seeking Alpha | February 23, 2022

RingCentral slides 17% despite praise for earnings execution, outlook

RingCentral (NYSE:RNG) has turned 17.2% lower today (though amid some broader tech weakness) in reaction to the company's fourth-quarter earnings, which topped expectations and contained upbeat guidance, and broadly positive reactions from analysts. The company came in for a number of price target cuts even amid praise for the financial...

Seeking Alpha | February 23, 2022

RNG Stock News: 18 Reasons Why Investors Are Hanging Up on Ring Central Today

RingCentral (RNG) stock is taking a beating on Wednesday despite the release of a solid earnings report for the fourth quarter of 2021.

William White on InvestorPlace | February 23, 2022

RXT Stock News: Why Rackspace Shares Are Reeling Today

Rackspace (RXT) stock is heading lower on Wednesday following the release of its earnings report for the fourth quarter of 2021.

William White on InvestorPlace | February 23, 2022

RingCentral Stock Is Tumbling. Blame Valuation and Competition.

Bullish RingCentral investors have been taking it on the chin for months. Competition, including Microsoft, have been taking away market share.

Yahoo | February 23, 2022

Read More 'RNG' Stories Here

RNG Price Returns

1-mo -24.70%
3-mo -48.44%
6-mo -70.35%
1-year -74.92%
3-year -44.72%
5-year 93.65%
YTD -64.86%
2021 -50.56%
2020 124.68%
2019 104.60%
2018 70.33%
2017 134.95%

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