Ringcentral, Inc. (RNG): Price and Financial Metrics
Ringcentral, Inc. (RNG)
Today's Latest Price: $287.29 USD
Updated Aug 6 6:40pm
Add RNG to WatchlistSign Up
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
- The price/operating cash flow metric for RingCentral Inc is higher than 99.18% of stocks in our set with a positive cash flow.
- With a price/sales ratio of 26.84, RingCentral Inc has a higher such ratio than 93.69% 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 549.28%; that's higher than 97.11% of US stocks.
- If you're looking for stocks that are quantitatively similar to RingCentral Inc, a group of peers worth examining would be TDOC, PD, RPD, TENB, and CDLX.
- RNG's SEC filings can be seen here. And to visit RingCentral Inc's official web site, go to www.ringcentral.com.
RNG Stock Price Chart Technical Analysis Charts
RNG Price/Volume Stats
| Current price | $287.29 | 52-week high | $306.46 |
| Prev. close | $290.94 | 52-week low | $120.03 |
| Day low | $280.29 | Volume | 701,800 |
| Day high | $293.00 | Avg. volume | 1,335,190 |
| 50-day MA | $276.24 | Dividend yield | N/A |
| 200-day MA | $220.65 | Market Cap | 25.02B |
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 Price | DCF Fair Value Target: | Forecasted Gain: |
| $287.29 | $3.16 | -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 3th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 99%. The most interesting components of our discounted cash flow analysis for RingCentral Inc ended up being:
- The business' balance sheet reveals debt to be 4% of the company's capital (with equity being the remaining amount). Approximately merely 13.09% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
- 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 merely 13.74% of stocks we're observing for the purpose of forecasting via discounted cash flows.
- As a business, RingCentral Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Technology), this tax rate is higher than just 23.27% of stocks generating free cash flow.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -99% |
| 1% | -99% |
| 2% | -99% |
| 3% | -99% |
| 4% | -99% |
| 5% | -99% |
Want more companies with a valuation profile/forecast similar to that of RingCentral Inc? See AIRG, CALX, CAMP, CCRC, and INIS.
Loading social stream, please wait...