Home » Stocks » RNG

RingCentral, Inc. (RNG)

Stock Price: $292.74 USD 4.04 (1.40%)
Updated November 27, 1:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 26.24B
Revenue (ttm) 1.10B
Net Income (ttm) -106.43M
Shares Out 79.33M
EPS (ttm) -1.22
PE Ratio n/a
Forward PE 250.00
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day November 27
Last Price $292.74
Previous Close $288.70
Change ($) 4.04
Change (%) 1.40%
Day's Open 289.96
Day's Range 288.46 - 296.40
Day's Volume 447,081
52-Week Range 134.85 - 317.84

More Stats

Market Cap 26.24B
Enterprise Value 26.94B
Earnings Date (est) Feb 15, 2021
Ex-Dividend Date n/a
Shares Outstanding 79.33M
Float n/a
EPS (basic) -1.23
EPS (diluted) -1.22
FCF / Share -1.26
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 5.72M
Short Ratio 4.85
Short % of Float n/a
Beta 0.62
PE Ratio n/a
Forward PE 250.00
P/FCF Ratio n/a
PS Ratio 23.81
PB Ratio 88.65
Revenue 1.10B
Operating Income -104.87M
Net Income -106.43M
Free Cash Flow -112.38M
Net Cash -701.47M
Net Cash / Share -7.83
Gross Margin 60.96%
Operating Margin -9.52%
Profit Margin -9.70%
FCF Margin -10.20%
ROA -3.63%
ROE -31.90%
ROIC -4.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (27)

Buy 23
Overweight 2
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$342.67*
(17.06% upside)
Low
300
Current: $292.74
High
375
Target: 342.67
*Average 12-month price target from 24 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014201320122011
Revenue90367450438029622016111578.88
Revenue Growth34.03%33.76%32.38%28.43%34.72%37%40.15%45.2%-
Gross Profit67251638228820914398.9969.6245.88
Operating Income-45.68-16.44-5.34-12.87-30.93-45.21-41.03-33.83-13.84
Net Income-53.61-26.20-4.20-16.23-32.10-48.34-46.10-35.39-13.90
Shares Outstanding83.1379.5076.2872.9970.0766.8233.1622.3521.68
Earnings Per Share-0.64-0.33-0.06-0.22-0.46-0.72-1.39-1.58-0.64
Operating Cash Flow64.8572.1341.1729.715.09-11.43-23.77-15.02-0.78
Capital Expenditures-44.29-38.54-26.92-16.40-17.14-17.97-10.79-10.17-6.66
Free Cash Flow20.5533.5914.2513.31-12.06-29.40-34.56-25.19-7.44
Cash & Equivalents34456618116013814211637.86-
Total Debt415367-15.0219.0425.6234.8221.08-
Net Cash / Debt-71.8020018114511911681.5616.79-
Assets1,45189436025321518814563.35-
Liabilities70557713112310591.8381.6763.28-
Book Value74631822813011096.5163.520.07-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name RingCentral, Inc.
Country United States
Employees 2,363
CEO Vladimir G. Shmunis

Stock Information

Ticker Symbol RNG
Stock Exchange New York Stock Exchange
Sector Technology
Industry Software—Application
Unique Identifier NYSE: RNG
IPO Date September 27, 2013

Description

RingCentral provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company's products include RingCentral Office that provides communication and collaboration across various modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Professional, a cloud based virtual telephone service that provides inbound call answering and management services for professionals; and RingCentral Fax that provides online fax capabilities. Its products also comprise RingCentral Contact Center, a collaborative contact center solution that delivers omni-channel; RingCentral Glip, a team messaging and collaboration solution that allows a range of teams to stay connected through various modes of communication through an integration with RingCentral Office; and RingCentral Meetings, a collaborative meetings solution that offers web meetings, video conferencing, and screen sharing. In addition, the company offers RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their customers; RingCentral Engage Voice, a cloud-based outbound/blended customer engagement platform for midsize and enterprise companies; and RingCentral Live Reports, an add-on for RingCentral Office customers to gather real-time information. The company serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, and state and local government, as well as others. It sells its products through a network of direct sales representatives, as well as sales agents, resellers, and channel partners. RingCentral, Inc. has a strategic partnership with Alcatel-Lucent Enterprise to offers Rainbow Office, a cloud solution. The company was incorporated in 1999 and is headquartered in Belmont, California.