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


Ringcentral, Inc. (RNG)

Today's Latest Price: $254.06 USD

16.87 (-6.23%)

Updated Jun 4 4:00pm

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Overall POWR Rating


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 Daily Price Range
RNG 52-Week Price Range

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 PriceDCF 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 FlowReturn 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.


RNG Latest News Stream


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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 Ranked Amongst Largest Publicly Traded Companies in Forbes Annual Global 2000 Listing

RingCentral (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced that the company has been named to the Forbes "Global 2000: The World’s Largest Public Companies" list, released in May, 2020. The annual list, which has been released for the past 18 years, features a ranking of the biggest, most powerful and most valuable companies in the world.

Yahoo | June 3, 2020

RingCentral Launches IGNITE! Partner Program

BELMONT, Calif.--(BUSINESS WIRE)-- #Cloud--RingCentral, Inc. (NYSE:RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced the launch of its IGNITE!™ Partner Program, which enables partners to own the entire sales cycle with organizations of up to 400 employees. IGNITE! builds on RingCentral’s existing industry-leading Channel Harmony® program. The program reinforces RingCentral’s commitment to the channel, and gives partners great

Business Wire | June 2, 2020

Zoom Reports Earnings Today. Here’s What to Expect.

(ZM) shares never cease to amaze. The stock has nearly tripled for the year to date, driving the company’s market capitalization to $56 billion, about 60 times projected revenues for the year. For the April quarter, Zoom has projected revenue of $199 million to $201 million, with profits of 10 cents a share.

Yahoo | June 1, 2020

Hedge Funds Have Never Been This Bullish On RingCentral (RNG)

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]

Yahoo | May 26, 2020

Closely Watch the Charts of RingCentral This Week

During Tuesday night's "Lightning Round" segment of Jim Cramer's Mad Money program, one caller asked about RingCentral : "I think RingCentral is terrific," said Cramer. Prices have rallied strongly the past three years but in this fast changing market environment we cannot become complacent. In this daily bar chart of RNG, below, we can see that prices have maintained an uptrend for at least the past 12 months.

Yahoo | May 19, 2020

Read More 'RNG' Stories Here

RNG Price Returns

1-mo 8.49%
3-mo 17.27%
6-mo 52.89%
1-year 112.28%
3-year 605.72%
5-year 1,322.51%
YTD 50.63%
2019 104.60%
2018 70.33%
2017 134.95%
2016 -12.64%
2015 58.04%

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