RingCentral Inc. Cl A (RNG): Price and Financial Metrics


RingCentral Inc. Cl A (RNG): $43.53

-1.19 (-2.66%)

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 74.38% of US stocks.
  • The strongest trend for RNG is in Stability, which has been heading down over the past 177 days.
  • RNG's current lowest rank is in the Stability metric (where it is better than 18.24% of US stocks).

RNG Stock Summary

  • RINGCENTRAL INC's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than just 2.2% of US listed stocks.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 94.9 for RINGCENTRAL INC; that's greater than it is for 99.69% of US stocks.
  • In terms of twelve month growth in earnings before interest and taxes, RINGCENTRAL INC is reporting a growth rate of 256.48%; that's higher than 93.53% of US stocks.
  • If you're looking for stocks that are quantitatively similar to RINGCENTRAL INC, a group of peers worth examining would be LAB, ASTI, ABST, TRHC, and SBGI.
  • 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 Valuation Summary

  • In comparison to the median Technology stock, RNG's EV/EBIT ratio is 137.19% lower, now standing at -7.4.
  • RNG's price/earnings ratio has moved up 22.1 over the prior 114 months.

Below are key valuation metrics over time for RNG.

Stock Date P/S P/B P/E EV/EBIT
RNG 2023-01-31 2.0 -15.3 -5.2 -7.4
RNG 2023-01-30 1.9 -14.7 -5.1 -7.2
RNG 2023-01-27 2.0 -15.6 -5.4 -7.5
RNG 2023-01-26 1.9 -15.0 -5.2 -7.3
RNG 2023-01-25 1.9 -14.7 -5.0 -7.2
RNG 2023-01-24 1.9 -14.9 -5.1 -7.2

RNG Growth Metrics

    Its year over year revenue growth rate is now at 34.81%.
  • Its 5 year net cashflow from operations growth rate is now at 71.73%.
  • The year over year net cashflow from operations growth rate now stands at 1640.83%.
RNG's revenue has moved up $1,507,103,000 over the prior 67 months.

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
2022-09-30 1,912.08 199.584 -713.46
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

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 $43.53 52-week high $179.16
Prev. close $44.72 52-week low $28.00
Day low $43.23 Volume 768,990
Day high $44.75 Avg. volume 1,288,956
50-day MA $37.05 Dividend yield N/A
200-day MA $47.38 Market Cap 4.17B

RingCentral Inc. Cl A (RNG) Company Bio


RingCentral, Inc. is an American publicly traded provider of cloud-based communication and collaboration products and services for businesses. (Source:Wikipedia)


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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.

Microchip (MCHP) Q3 Earnings Top Estimates, Sales Rise Y/Y

Microchip's (MCHP) third-quarter fiscal 2023 results reflect continued momentum in the microcontroller business despite the weaker business environment in China.

Yahoo | February 3, 2023

Wall Street Analysts Think RingCentral (RNG) Could Surge 25.57%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 25.6% in RingCentral (RNG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Yahoo | February 3, 2023

Cognizant (CTSH) Q4 Earnings Meet Estimates, Revenues Rise Y/Y

Cognizant's (CTSH) fourth-quarter 2022 results benefit from strong digital revenues and acquisitions amid a challenging macro environment.

Yahoo | February 3, 2023

Apple (AAPL) Q1 Earnings Miss Estimates, Revenues Decline Y/Y

Apple's (AAPL) first-quarter fiscal 2023 results reflect the supply shortage of iPhone 14 Pro and iPhone 14 Pro Max in November and through December, and a significant forex headwind.

Yahoo | February 3, 2023

Meta Platforms (META) Q4 Earnings Beat, Revenues Dip Y/Y

Meta Platforms' (META) fourth-quarter 2022 performance suffers from lower ad spending, challenging macroeconomic conditions, adverse forex and stiff competition.

Yahoo | February 2, 2023

Read More 'RNG' Stories Here

RNG Price Returns

1-mo 27.95%
3-mo 44.52%
6-mo -17.67%
1-year -73.04%
3-year -79.02%
5-year -17.40%
YTD 22.97%
2022 -81.10%
2021 -50.56%
2020 124.68%
2019 104.60%
2018 70.33%

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