RNG Stock Overview
RingCentral, Inc., together with its subsidiaries, provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
RingCentral, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$29.51 |
| 52 Week High | US$43.28 |
| 52 Week Low | US$25.08 |
| Beta | 0.91 |
| 1 Month Change | -16.78% |
| 3 Month Change | -17.32% |
| 1 Year Change | 8.81% |
| 3 Year Change | -91.00% |
| 5 Year Change | -74.64% |
| Change since IPO | 62.14% |
Recent News & Updates
RingCentral: Business Continues To Stabilize
Apr 08RingCentral: Making Progress, But Many Caveats Remain
Mar 03Recent updates
RingCentral: Business Continues To Stabilize
Apr 08RingCentral: Making Progress, But Many Caveats Remain
Mar 03RingCentral, Inc.'s (NYSE:RNG) Low P/S No Reason For Excitement
Jan 21
RingCentral's Growth Concerns And Financial Strain
Dec 21RingCentral, Inc. (NYSE:RNG) Shares Could Be 39% Below Their Intrinsic Value Estimate
Dec 14RingCentral: Rating Upgrade As Things Are Stabilizing
Dec 01RingCentral: Should Do Fine Long Term, But I'm Negative Near Term
Sep 27RingCentral: Looks Cheap, But Carries Too Much Debt
Sep 21RingCentral: Deserves Better In View Of Innovation And Conversational AI
Aug 01RingCentral: Navigating Growth Challenges
Jun 28RingCentral teams up with Amazon Web Services on cloud offerings
Feb 15RingCentral: Still Working From Home, Buy This UCaaS Stock
Dec 08RingCentral: A Compelling Buying Opportunity
Sep 16RiverPark Funds - RingCentral: 35-40% Per Year Compounded Annual Return Long Term
Sep 01RingCentral stock surges ~10% on strong Q2 result as subscription revenue rises
Aug 03RingCentral (NYSE:RNG) Is Making Moderate Use Of Debt
Aug 02RingCentral: Strong Revenue Growth But Losses Are Increasing
Jul 24Shareholder Returns
| RNG | US Software | US Market | |
|---|---|---|---|
| 7D | -2.9% | -5.4% | -3.2% |
| 1Y | 8.8% | 35.9% | 19.3% |
Return vs Industry: RNG underperformed the US Software industry which returned 35.9% over the past year.
Return vs Market: RNG underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| RNG volatility | |
|---|---|
| RNG Average Weekly Movement | 5.8% |
| Software Industry Average Movement | 8.0% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: RNG has not had significant price volatility in the past 3 months.
Volatility Over Time: RNG's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 4,084 | Vlad Shmunis | www.ringcentral.com |
RingCentral, Inc., together with its subsidiaries, provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The company’s products include RingCentral Message Video Phone that provides a unified experience for communication and collaboration across multiple modes, including HD voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers AI-powered omnichannel and workforce engagement solutions with integrated RingCentral MVP; and RingCX, an AI-powered contact center that a native delivers omnichannel experience. It provides RingCentral Video, a video meeting service that includes the company’s RCV video and team messaging capabilities; offers video and audio conferencing, team messaging, file sharing, contact, task, and calendar management, as well as pre-meeting, in-meeting, and post-meeting capabilities.
RingCentral, Inc. Fundamentals Summary
| RNG fundamental statistics | |
|---|---|
| Market cap | US$2.72b |
| Earnings (TTM) | -US$165.24m |
| Revenue (TTM) | US$2.20b |
1.2x
P/S Ratio-16.5x
P/E RatioIs RNG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RNG income statement (TTM) | |
|---|---|
| Revenue | US$2.20b |
| Cost of Revenue | US$664.29m |
| Gross Profit | US$1.54b |
| Other Expenses | US$1.70b |
| Earnings | -US$165.24m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 07, 2024
| Earnings per share (EPS) | -1.79 |
| Gross Margin | 69.84% |
| Net Profit Margin | -7.50% |
| Debt/Equity Ratio | -511.8% |
How did RNG perform over the long term?
See historical performance and comparison