RingCentral Statistics
Total Valuation
RingCentral has a market cap or net worth of $3.01 billion. The enterprise value is $4.38 billion.
| Market Cap | 3.01B |
| Enterprise Value | 4.38B |
Important Dates
The next confirmed earnings date is Thursday, August 1, 2024, after market close.
| Earnings Date | Aug 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
RingCentral has 91.89 million shares outstanding. The number of shares has decreased by -2.69% in one year.
| Shares Outstanding | 91.89M |
| Shares Change (YoY) | -2.69% |
| Shares Change (QoQ) | -0.92% |
| Owned by Insiders (%) | 1.96% |
| Owned by Institutions (%) | 105.09% |
| Float | 73.81M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 8.75 |
| PS Ratio | 1.34 |
| Forward PS | 1.23 |
| PB Ratio | n/a |
| P/FCF Ratio | 9.61 |
| PEG Ratio | 0.41 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 28.73, with an EV/FCF ratio of 13.97.
| EV / Earnings | n/a |
| EV / Sales | 1.94 |
| EV / EBITDA | 28.73 |
| EV / EBIT | n/a |
| EV / FCF | 13.97 |
Financial Position
The company has a current ratio of 1.09
| Current Ratio | 1.09 |
| Quick Ratio | 0.75 |
| Debt / Equity | n/a |
| Debt / EBITDA | 10.28 |
| Debt / FCF | 5.00 |
| Interest Coverage | -1.61 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | -7.00% |
| Return on Capital (ROIC) | -14.85% |
| Revenue Per Employee | $551,653 |
| Profits Per Employee | -$34,117 |
| Employee Count | 4,084 |
| Asset Turnover | 1.13 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, RingCentral has paid $8.60 million in taxes.
| Income Tax | 8.60M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -23.57% in the last 52 weeks. The beta is 1.03, so RingCentral's price volatility has been similar to the market average.
| Beta (5Y) | 1.03 |
| 52-Week Price Change | -23.57% |
| 50-Day Moving Average | 32.10 |
| 200-Day Moving Average | 31.76 |
| Relative Strength Index (RSI) | 63.44 |
| Average Volume (20 Days) | 1,456,951 |
Short Selling Information
The latest short interest is 4.87 million, so 5.30% of the outstanding shares have been sold short.
| Short Interest | 4.87M |
| Short Previous Month | 3.95M |
| Short % of Shares Out | 5.30% |
| Short % of Float | 6.60% |
| Short Ratio (days to cover) | 3.72 |
Income Statement
In the last 12 months, RingCentral had revenue of $2.25 billion and -$139.34 million in losses. Loss per share was -$1.49.
| Revenue | 2.25B |
| Gross Profit | 1.58B |
| Operating Income | -155.18M |
| Pretax Income | -130.74M |
| Net Income | -139.34M |
| EBITDA | 152.37M |
| EBIT | -80.70M |
| Loss Per Share | -$1.49 |
Balance Sheet
The company has $203.13 million in cash and $1.57 billion in debt, giving a net cash position of -$1.36 billion or -$14.84 per share.
| Cash & Cash Equivalents | 203.13M |
| Total Debt | 1.57B |
| Net Cash | -1.36B |
| Net Cash Per Share | -$14.84 |
| Equity (Book Value) | -522.37M |
| Book Value Per Share | -5.68 |
| Working Capital | 66.98M |
Cash Flow
In the last 12 months, operating cash flow was $387.22 million and capital expenditures -$73.83 million, giving a free cash flow of $313.39 million.
| Operating Cash Flow | 387.22M |
| Capital Expenditures | -73.83M |
| Free Cash Flow | 313.39M |
| FCF Per Share | $3.37 |
Margins
Gross margin is 70.08%, with operating and profit margins of -6.89% and -6.18%.
| Gross Margin | 70.08% |
| Operating Margin | -6.89% |
| Pretax Margin | -5.80% |
| Profit Margin | -6.18% |
| EBITDA Margin | 6.76% |
| EBIT Margin | -3.58% |
| FCF Margin | 13.91% |
Dividends & Yields
RingCentral does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 2.69% |
| Shareholder Yield | 2.69% |
| Earnings Yield | -4.62% |
| FCF Yield | 10.40% |
Analyst Forecast
The average price target for RingCentral is $38.94, which is 18.76% higher than the current price. The consensus rating is "Buy".
| Price Target | $38.94 |
| Price Target Difference | 18.76% |
| Analyst Consensus | Buy |
| Analyst Count | 18 |
| Revenue Growth Forecast (5Y) | 8.74% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
RingCentral has an Altman Z-Score of 0.64 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.64 |
| Piotroski F-Score | 6 |