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


Ringcentral, Inc. (RNG)

Today's Latest Price: $287.29 USD

3.65 (-1.25%)

Updated Aug 6 6:40pm

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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

  • 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 Daily Price Range
RNG 52-Week Price Range

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 PriceDCF 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 FlowReturn 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.





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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 (RNG) to Report Q2 Earnings: What's in Store?

RingCentral's (RNG) second-quarter 2020 results are expected to reflect benefits from the coronavirus-induced work-from-home wave.

Yahoo | July 29, 2020

Ongoing trends should show earnings strength for these cloud companies, Baird says

Another strong quarter is in the offing for its covered cloud software companies, Baird says, examining the ongoing work-from-home landscape and digital transformation. The firm says it's positive on near- and long-term growth tied to Unified Communications and Collaboration ((UCC)), Internet and public safety, "though with much priced in, we'd...

Seeking Alpha | July 28, 2020

Vonage: Timely Change In Management

Vonage (VG) is a $2.6 billion market cap company specializing in cloud communications. The recent change in CEO as from July the first constitutes an important rationale for buying the stock, which should benefit from significant upside, as I will show in this investment thesis. Figure 1: Vonage share price,...

Chetan Woodun on Seeking Alpha | July 21, 2020

Atos and RingCentral Announce Expansion of Strategic Partnership with New “Unify Office” as Exclusive UCaaS Solution for 40 Million Users of the Atos Unify Family of Products

PARIS & BELMONT, Calif.--(BUSINESS WIRE)-- #Cloud--Atos SE (CAC40: ATO), a global leader in digital transformation, and RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced the expansion of their strategic partnership with the launch of a co-branded UCaaS solution called Unify Office (UO) by RingCentral. In addition to the system integrator relationship announced previously, the expanded partnership will

Business Wire | July 21, 2020

Atos and RingCentral Announce Expansion of Strategic Partnership with New "Unify Office" as Exclusive UCaaS Solution for 40 Million Users of the Atos Unify Family of Products

Atos SE (CAC40: ATO), a global leader in digital transformation, and RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced the expansion of their strategic partnership with the launch of a co-branded UCaaS solution called Unify Office (UO) by RingCentral. In addition to the system integrator relationship announced previously, the expanded partnership will now include Unify Office as the exclusive UCaaS offering for the 40 million user installed base of the Atos Unify product family. Unify Office is expected to be available starting August 31, 2020.

Yahoo | July 21, 2020

Read More 'RNG' Stories Here

RNG Price Returns

1-mo -2.39%
3-mo 7.71%
6-mo 38.47%
1-year 105.52%
3-year 700.25%
5-year 1,428.14%
YTD 70.33%
2019 104.60%
2018 70.33%
2017 134.95%
2016 -12.64%
2015 58.04%

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