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


Ringcentral, Inc. (RNG): $39.96

-0.53 (-1.31%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

RNG POWR Grades

  • RNG scores best on the Growth dimension, with a Growth rank ahead of 66.4% of US stocks.
  • The strongest trend for RNG is in Stability, which has been heading down over the past 177 days.
  • RNG ranks lowest in Momentum; there it ranks in the 15th percentile.

RNG Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for RNG is -48.23 -- better than only 0.33% of US stocks.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 24.36 for RINGCENTRAL INC; that's greater than it is for 98.44% of US stocks.
  • In terms of twelve month growth in earnings before interest and taxes, RINGCENTRAL INC is reporting a growth rate of 655.55%; that's higher than 97.48% of US stocks.
  • If you're looking for stocks that are quantitatively similar to RINGCENTRAL INC, a group of peers worth examining would be EOSE, TRHC, DOCU, RDHL, and EGHT.
  • 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

  • In comparison to the median Technology stock, RNG's price/sales ratio is 15.38% lower, now standing at 2.2.
  • Over the past 109 months, RNG's price/earnings ratio has gone up 20.3.

Below are key valuation metrics over time for RNG.

Stock Date P/S P/B P/E EV/EBIT
RNG 2022-09-16 2.2 -107.1 -7.0 -10.0
RNG 2022-09-15 2.3 -113.2 -7.4 -10.5
RNG 2022-09-14 2.4 -113.4 -7.4 -10.5
RNG 2022-09-13 2.4 -114.1 -7.5 -10.5
RNG 2022-09-12 2.4 -117.9 -7.7 -10.8
RNG 2022-09-09 2.4 -115.4 -7.6 -10.6

RNG Growth Metrics

    Its 3 year cash and equivalents growth rate is now at -45.01%.
  • Its 4 year net income to common stockholders growth rate is now at -268.45%.
  • Its 3 year price growth rate is now at -44.19%.
Over the past 52 months, RNG's revenue has gone up $1,277,599,000.

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
2022-06-30 1,817.677 200.353 -575.595
2022-03-31 1,710.054 174.191 -527.036
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

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 $39.96 52-week high $315.00
Prev. close $40.49 52-week low $39.54
Day low $39.77 Volume 1,252,200
Day high $41.44 Avg. volume 1,750,118
50-day MA $46.22 Dividend yield N/A
200-day MA $95.85 Market Cap 3.81B

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.

Stocks And Sectors With The Biggest Declines

The average stock in the Russell 3,000 was down 41.7% from its 52-week high as of the close yesterday. That means the average stock would need to rally 71.5% from here to get back to its high.

TalkMarkets.com | September 27, 2022

Tolly Group Testing Shows RingCentral Towers Above Competition in Analytics Capabilities

BELMONT, Calif., September 27, 2022--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced that The Tolly Group, a leading global provider of testing and third-party validation and certification, found RingCentral MVP™ (Message Video Phone™) to be the clear leader across multiple categories in an independent research study that compared its analytics capabilities to those of other

Yahoo | September 27, 2022

The Zacks Analyst Blog Highlights Zscaler, Pure Storage, Coupa Software and RingCentral

Zscaler, Pure Storage, Coupa Software and RingCentral are included in this Analyst Blog.

Yahoo | September 26, 2022

4 Oversold Technology Stocks to Buy Amid Market Uncertainties

Investors may consider adding beaten-down tech stocks like ZS, PSTG, COUP and RNG to their portfolio amid the currently volatile market environment and gain from their upside potential.

Yahoo | September 23, 2022

RingCentral, Inc.'s (NYSE:RNG) latest 7.1% decline adds to one-year losses, institutional investors may consider drastic measures

To get a sense of who is truly in control of RingCentral, Inc. ( NYSE:RNG ), it is important to understand the...

Yahoo | September 19, 2022

Read More 'RNG' Stories Here

RNG Price Returns

1-mo -6.42%
3-mo -27.65%
6-mo -67.98%
1-year -82.53%
3-year -67.11%
5-year -9.18%
YTD -78.67%
2021 -50.56%
2020 124.68%
2019 104.60%
2018 70.33%
2017 134.95%

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