RingCentral, Inc. (RNG)
NYSE: RNG · Real-Time Price · USD
35.27
+0.23 (0.66%)
Nov 21, 2024, 1:44 PM EST - Market open

RingCentral Statistics

Total Valuation

RingCentral has a market cap or net worth of $3.19 billion. The enterprise value is $4.74 billion.

Market Cap 3.19B
Enterprise Value 4.74B

Important Dates

The last earnings date was Thursday, November 7, 2024, after market close.

Earnings Date Nov 7, 2024
Ex-Dividend Date n/a

Share Statistics

RingCentral has 90.43 million shares outstanding. The number of shares has decreased by -2.50% in one year.

Current Share Class 80.51M
Shares Outstanding 90.43M
Shares Change (YoY) -2.50%
Shares Change (QoQ) -0.92%
Owned by Insiders (%) 10.46%
Owned by Institutions (%) 79.99%
Float 72.18M

Valuation Ratios

PE Ratio n/a
Forward PE 8.62
PS Ratio 1.38
Forward PS 1.23
PB Ratio n/a
P/TBV Ratio n/a
P/FCF Ratio 7.13
P/OCF Ratio 6.75
PEG Ratio 0.45
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 24.94, with an EV/FCF ratio of 10.79.

EV / Earnings n/a
EV / Sales 2.01
EV / EBITDA 24.94
EV / EBIT n/a
EV / FCF 10.79

Financial Position

The company has a current ratio of 1.12

Current Ratio 1.12
Quick Ratio 0.80
Debt / Equity n/a
Debt / EBITDA 7.26
Debt / FCF 3.61
Interest Coverage -0.56

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -1.14%
Return on Capital (ROIC) -1.64%
Revenue Per Employee $577,168
Profits Per Employee -$24,080
Employee Count 4,084
Asset Turnover 1.18
Inventory Turnover 432.34

Taxes

In the past 12 months, RingCentral has paid $4.42 million in taxes.

Income Tax 4.42M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +16.63% in the last 52 weeks. The beta is 0.99, so RingCentral's price volatility has been similar to the market average.

Beta (5Y) 0.99
52-Week Price Change +16.63%
50-Day Moving Average 33.33
200-Day Moving Average 32.65
Relative Strength Index (RSI) 50.81
Average Volume (20 Days) 1,274,053

Short Selling Information

The latest short interest is 5.14 million, so 5.68% of the outstanding shares have been sold short.

Short Interest 5.14M
Short Previous Month 5.32M
Short % of Shares Out 5.68%
Short % of Float 7.12%
Short Ratio (days to cover) 4.18

Income Statement

In the last 12 months, RingCentral had revenue of $2.36 billion and -$98.34 million in losses. Loss per share was -$1.06.

Revenue 2.36B
Gross Profit 1.66B
Operating Income -36.62M
Pretax Income -127.79M
Net Income -98.34M
EBITDA 190.16M
EBIT -36.62M
Loss Per Share -$1.06
Full Income Statement

Balance Sheet

The company has $212.65 million in cash and $1.59 billion in debt, giving a net cash position of -$1.37 billion or -$15.20 per share.

Cash & Cash Equivalents 212.65M
Total Debt 1.59B
Net Cash -1.37B
Net Cash Per Share -$15.20
Equity (Book Value) -345.90M
Book Value Per Share -5.97
Working Capital 94.23M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $464.24 million and capital expenditures -$24.62 million, giving a free cash flow of $439.62 million.

Operating Cash Flow 464.24M
Capital Expenditures -24.62M
Free Cash Flow 439.62M
FCF Per Share $4.86
Full Cash Flow Statement

Margins

Gross margin is 70.43%, with operating and profit margins of -1.55% and -4.17%.

Gross Margin 70.43%
Operating Margin -1.55%
Pretax Margin -3.98%
Profit Margin -4.17%
EBITDA Margin 8.07%
EBIT Margin -1.55%
FCF Margin 15.14%

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 2.50%
Shareholder Yield 2.50%
Earnings Yield -3.14%
FCF Yield 14.03%
Dividend Details

Analyst Forecast

The average price target for RingCentral is $40.73, which is 15.48% higher than the current price. The consensus rating is "Buy".

Price Target $40.73
Price Target Difference 15.48%
Analyst Consensus Buy
Analyst Count 15
Revenue Growth Forecast (5Y) 8.74%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 0.76 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.76
Piotroski F-Score 5