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

Ringcentral, Inc. (RNG)

Today's Latest Price: $258.34 USD

7.72 (-2.90%)

Updated Oct 30 7:00pm

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Overall POWR Rating

POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank

Industry Rank:

Ranked of 48 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 389.88, higher than 99.08% of US stocks with positive operating cash flow.
  • With a price/sales ratio of 22.94, RingCentral Inc has a higher such ratio than 93.02% of stocks in our set.
  • In terms of twelve month growth in earnings before interest and taxes, RingCentral Inc is reporting a growth rate of 390.06%; that's higher than 96.17% of US stocks.
  • If you're looking for stocks that are quantitatively similar to RingCentral Inc, a group of peers worth examining would be TTD, PCTY, MOMO, SY, and NVCR.
  • 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 Stock Price Chart Interactive Chart >

Price chart for RNG

RNG Price/Volume Stats

Current price $258.34 52-week high $317.84
Prev. close $266.06 52-week low $134.85
Day low $252.23 Volume 1,454,171
Day high $267.31 Avg. volume 1,228,682
50-day MA $276.51 Dividend yield N/A
200-day MA $253.28 Market Cap 22.98B

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:
$258.34$1.01 -100%

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 0th 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. In terms of the factors that were most noteworthy in this DCF analysis for RNG, they are:

  • RingCentral Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.22. This coverage rate is greater than that of merely 16.49% 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 just 24.59% of them.

Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price

Want more companies with a valuation profile/forecast similar to that of RingCentral Inc? See AOSL, AVID, BHE, CDAY, and MTSC.

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 price target raised at Morgan Stanley on partnership growth potential

Praising partnerships with Avaya, Atos, and Alcatel-Lucent, Morgan Stanley raises RingCentral's (RNG) price target from $280 to $300.Analyst Mata Marshall thinks growth from these partnerships will accelerate in 2021 if the macro backdrop improves and says the tie-ups make competition worries "overblown."Marshall notes that competition could put pressure on RNG's...

Seeking Alpha | September 29, 2020

Avaya and RingCentral Announce Expansion of Unified Cloud Communications Offering – Avaya Cloud Office™ – Across Europe to Keep Businesses Productive

SANTA CLARA & BELMONT, Calif.--(BUSINESS WIRE)--Avaya (NYSE: AVYA) and RingCentral Inc. (NYSE: RNG) today announced the expansion of Avaya Cloud OfficeTM by RingCentral® across Europe, with the solution now generally available in France, Ireland, and the Netherlands. In addition, the companies also announced that they have signed their first seven-figure deal with a large United Kingdom-based Government customer. This geographic expansion of Avaya Cloud Office follows the launch of the solution

Business Wire | September 29, 2020

RingCentral Launches in Germany with New Datacenter and Data Residency

BELMONT, Calif.--(BUSINESS WIRE)-- #Cloud--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced that its unified communications platform including team messaging, video meetings, and cloud phone system will now be available in Germany with a new datacenter in Frankfurt, and a new office in Hamburg, Germany. As RingCentral continues its global expansion efforts, Germany remains a key strategic location fo

Business Wire | September 23, 2020

Atos, RingCentral roll out Unify Office collaboration in France

Atos (AEXAY -3.9%) and RingCentral (RNG) have released Unify Office by RingCentral in France. The offering will also be available in Austria, Belgium, Ireland, Italy, Spain and The Netherlands. It allows businesses to communicate with a single enterprise solution integrating voice, video, team messaging and fax capabilities. The solution can...

Seeking Alpha | September 21, 2020

Mindbody Adopts RingCentral’s Modern Cloud Communications Solution to Keep Its Distributed Workforce Connected

BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--RingCentral announced that Mindbody has adopted RingCentral’s unified cloud communications platform to keep its distributed workforce connected.

Business Wire | September 16, 2020

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RNG Price Returns

1-mo -5.92%
3-mo -11.00%
6-mo 18.45%
1-year 59.94%
3-year 512.91%
5-year 1,296.43%
YTD 53.16%
2019 104.60%
2018 70.33%
2017 134.95%
2016 -12.64%
2015 58.04%

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