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


Ringcentral, Inc. (RNG): $248.04

-0.10 (-0.04%)

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 76.98% of US stocks.
  • RNG's strongest trending metric is Value; it's been moving up over the last 52 weeks.
  • RNG's current lowest rank is in the Value metric (where it is better than 25.29% of US stocks).

RNG Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for RNG is 14.84 -- better than 98.04% of US stocks.
  • RNG's price/sales ratio is 16.58; that's higher than the P/S ratio of 88.55% of US stocks.
  • RNG's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 89.54% of US stocks.
  • Stocks that are quantitatively similar to RNG, based on their financial statements, market capitalization, and price volatility, are PLAN, FIVN, ZEN, MDLA, and NEWR.
  • 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

  • Its 2 year net cashflow from operations growth rate is now at 29.3%.
  • Its 3 year net income to common stockholders growth rate is now at -6.21%.
  • Its 2 year revenue growth rate is now at 79.4%.
Over the past 15 months, RNG's revenue has gone up $400,908,000.

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
2021-06-30 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
2020-06-30 1,031.714 60.707 -98.218
2020-03-31 968.881 57.718 -107.97

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 30.6% of graded US stocks.
  • RNG's asset turnover comes in at 0.657 -- ranking 240th of 561 Business Services stocks.
  • FIVN, SFUN, and HSTM 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 $248.04 52-week high $449.00
Prev. close $248.14 52-week low $207.53
Day low $244.78 Volume 531,500
Day high $252.88 Avg. volume 1,050,920
50-day MA $235.38 Dividend yield N/A
200-day MA $294.01 Market Cap 22.70B

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 Announces Date of Third Quarter 2021 Financial Results Conference Call

BELMONT, Calif., October 19, 2021--RingCentral announces it will report financial results for the third quarter ended September 30, 2021 after market close on Tuesday, November 9, 2021

Yahoo | October 19, 2021

RingCentral Reveals Platform Innovations that Help Every Organization to Embrace Hybrid Work

BELMONT, Calif., October 14, 2021--RingCentral, Inc. (NYSE:RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced new capabilities that will help organizations to bring together their preferred apps and services with a cloud-based business communications platform. The result is a solution customized to the specific needs of a company and its people working in a hybrid world. Making it easy to connect their

Yahoo | October 14, 2021

Why RingCentral (RNG) is Poised to Beat Earnings Estimates Again

RingCentral (RNG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Yahoo | October 13, 2021

RingCentral Announces RingCentral Rise™, a Strategic and Secure Communications Platform Designed for Service Providers Around the World

BELMONT, Calif., October 12, 2021--RingCentral, Inc. (NYSE:RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced RingCentral Rise, a new platform designed exclusively for service providers around the world. By leveraging Resources, Innovation, System integration, and Experiences (Rise) from RingCentral, service providers can now offer their own unique, co-branded unified cloud communications solutions incl

Yahoo | October 12, 2021

Ringcentral Consensus Indicates Potential 80.8% Upside

Ringcentral found using ticker (RNG) now have 23 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 480 and 300 with a mean TP of 399.96. Now with the previous closing price of 221.2 this indicates there is a potential upside of 80.8%. The day 50 moving average is 232.81 and the 200 moving average now moves to 268.67. The company has a market capitalisation of $20,676m. Company Website: /> [stock_market_widget type="chart" symbol="RNG" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] RingCentral provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. Its products include RingCentral Office that prov...

DirectorsTalk | October 9, 2021

Read More 'RNG' Stories Here

RNG Price Returns

1-mo 11.10%
3-mo -10.31%
6-mo -24.95%
1-year -12.89%
3-year 246.91%
5-year 973.77%
YTD -34.55%
2020 124.68%
2019 104.60%
2018 70.33%
2017 134.95%
2016 -12.64%

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