RingCentral Statistics
Total Valuation
RingCentral has a market cap or net worth of $3.32 billion. The enterprise value is $4.91 billion.
Important Dates
The next confirmed earnings date is Thursday, November 7, 2024, after market close.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
RingCentral has 91.82 million shares outstanding. The number of shares has decreased by -2.05% in one year.
| Shares Outstanding | 91.82M |
| Shares Change (YoY) | -2.05% |
| Shares Change (QoQ) | -0.43% |
| Owned by Insiders (%) | 10.30% |
| Owned by Institutions (%) | 80.62% |
| Float | 73.57M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 9.29 |
| PS Ratio | 1.47 |
| Forward PS | 1.33 |
| PB Ratio | n/a |
| P/FCF Ratio | 8.26 |
| PEG Ratio | 0.46 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 36.98, with an EV/FCF ratio of 12.20.
| EV / Earnings | n/a |
| EV / Sales | 2.13 |
| EV / EBITDA | 36.98 |
| EV / EBIT | n/a |
| EV / FCF | 12.20 |
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 | 9.85 |
| Debt / FCF | 3.94 |
| Interest Coverage | -1.62 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | -3.25% |
| Return on Capital (ROIC) | -4.75% |
| Revenue Per Employee | $564,778 |
| Profits Per Employee | -$32,470 |
| Employee Count | 4,084 |
| Asset Turnover | 1.22 |
| Inventory Turnover | 452.49 |
Taxes
In the past 12 months, RingCentral has paid $4.82 million in taxes.
| Income Tax | 4.82M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +27.68% 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 | +27.68% |
| 50-Day Moving Average | 31.82 |
| 200-Day Moving Average | 32.52 |
| Relative Strength Index (RSI) | 72.11 |
| Average Volume (20 Days) | 1,208,659 |
Short Selling Information
The latest short interest is 5.15 million, so 5.61% of the outstanding shares have been sold short.
| Short Interest | 5.15M |
| Short Previous Month | 5.83M |
| Short % of Shares Out | 5.61% |
| Short % of Float | 7.00% |
| Short Ratio (days to cover) | 3.42 |
Income Statement
In the last 12 months, RingCentral had revenue of $2.31 billion and -$132.61 million in losses. Loss per share was -$1.42.
| Revenue | 2.31B |
| Gross Profit | 1.62B |
| Operating Income | -98.69M |
| Pretax Income | -127.79M |
| Net Income | -132.61M |
| EBITDA | 132.67M |
| EBIT | -98.69M |
| Loss Per Share | -$1.42 |
Full Income StatementBalance Sheet
The company has $199.33 million in cash and $1.59 billion in debt, giving a net cash position of -$1.39 billion or -$15.10 per share.
| Cash & Cash Equivalents | 199.33M |
| Total Debt | 1.59B |
| Net Cash | -1.39B |
| Net Cash Per Share | -$15.10 |
| Equity (Book Value) | -328.81M |
| Book Value Per Share | -5.71 |
| Working Capital | 66.47M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $423.61 million and capital expenditures -$21.54 million, giving a free cash flow of $402.07 million.
| Operating Cash Flow | 423.61M |
| Capital Expenditures | -21.54M |
| Free Cash Flow | 402.07M |
| FCF Per Share | $4.38 |
Full Cash Flow StatementMargins
Gross margin is 70.24%, with operating and profit margins of -4.28% and -5.75%.
| Gross Margin | 70.24% |
| Operating Margin | -4.28% |
| Pretax Margin | -5.54% |
| Profit Margin | -5.75% |
| EBITDA Margin | 5.75% |
| EBIT Margin | -4.28% |
| 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 | 2.05% |
| Shareholder Yield | 2.05% |
| Earnings Yield | -3.99% |
| FCF Yield | 12.11% |
Dividend DetailsAnalyst Forecast
The average price target for RingCentral is $40.07, which is 10.81% higher than the current price. The consensus rating is "Buy".
| Price Target | $40.07 |
| Price Target Difference | 10.81% |
| Analyst Consensus | Buy |
| Analyst Count | 15 |
| Revenue Growth Forecast (5Y) | 8.74% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 0.63 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.63 |
| Piotroski F-Score | 5 |