RNG Stock Overview
Provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
RingCentral, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$35.04 |
| 52 Week High | US$40.98 |
| 52 Week Low | US$26.98 |
| Beta | 0.99 |
| 11 Month Change | 2.76% |
| 3 Month Change | 6.73% |
| 1 Year Change | 20.62% |
| 33 Year Change | -84.24% |
| 5 Year Change | -79.61% |
| Change since IPO | 92.53% |
Recent News & Updates
RingCentral: Under The Radar Pick -- Reiterating Buy
Nov 19RingCentral, Inc. (NYSE:RNG) Surges 30% Yet Its Low P/S Is No Reason For Excitement
Nov 08
Recent updates
RingCentral: Under The Radar Pick -- Reiterating Buy
Nov 19RingCentral, Inc. (NYSE:RNG) Surges 30% Yet Its Low P/S Is No Reason For Excitement
Nov 08RingCentral: Expect Continued Margin Expansion, Steady Debt Reduction
Sep 02There's No Escaping RingCentral, Inc.'s (NYSE:RNG) Muted Revenues Despite A 26% Share Price Rise
Aug 04RingCentral, Inc.'s (NYSE:RNG) Business And Shares Still Trailing The Industry
May 06RingCentral: 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 21RingCentral'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 08Shareholder Returns
| RNG | US Software | US Market | |
|---|---|---|---|
| 7D | -7.6% | -1.5% | -1.0% |
| 1Y | 20.6% | 23.7% | 30.3% |
Return vs Industry: RNG underperformed the US Software industry which returned 24.1% over the past year.
Return vs Market: RNG underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| RNG volatility | |
|---|---|
| RNG Average Weekly Movement | 5.5% |
| Software Industry Average Movement | 7.4% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: RNG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: RNG's weekly volatility (5%) 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$3.22b |
| Earnings (TTM) | -US$98.34m |
| Revenue (TTM) | US$2.36b |
1.3x
P/S Ratio-32.2x
P/E RatioIs RNG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RNG income statement (TTM) | |
|---|---|
| Revenue | US$2.36b |
| Cost of Revenue | US$696.93m |
| Gross Profit | US$1.66b |
| Other Expenses | US$1.76b |
| Earnings | -US$98.34m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.09 |
| Gross Margin | 70.43% |
| Net Profit Margin | -4.17% |
| Debt/Equity Ratio | -444.9% |
How did RNG perform over the long term?
See historical performance and comparison