RNG Stock Overview
Provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
RingCentral, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$37.45 |
| 52 Week High | US$42.19 |
| 52 Week Low | US$26.98 |
| Beta | 0.99 |
| 1 Month Change | 1.46% |
| 3 Month Change | 23.11% |
| 1 Year Change | 9.54% |
| 3 Year Change | -80.54% |
| 5 Year Change | -77.84% |
| Change since IPO | 105.77% |
Recent News & Updates
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 08
RingCentral: 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 | -4.1% | -2.2% | -2.4% |
| 1Y | 9.5% | 22.4% | 23.4% |
Return vs Industry: RNG underperformed the US Software industry which returned 22.4% over the past year.
Return vs Market: RNG underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| RNG volatility | |
|---|---|
| RNG Average Weekly Movement | 5.9% |
| Software Industry Average Movement | 7.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 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 (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$3.39b |
| Earnings (TTM) | -US$98.34m |
| Revenue (TTM) | US$2.36b |
1.4x
P/S Ratio-34.4x
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 comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
RingCentral, Inc. is covered by 45 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Power | Baird |
| Ishan Majumdar | Baptista Research |
| Ryan MacWilliams | Barclays |