RingCentral Inc

Market Summary

USD34.09+1.35

Market Closed

4.12%

RNG Alerts

4 major insider sales recently.
Big jump in Earnings (Y/Y)
Losses in recent quarter

RNG Stock Price

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RNG RSI Chart

RNG Alerts

4 major insider sales recently.
Big jump in Earnings (Y/Y)
Losses in recent quarter

RNG Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

-8.08

Price/Sales (Trailing)

1.51

EV/EBITDA

-24.01

Price/Free Cashflow

10.88

RNG Price/Sales (Trailing)

RNG Profitability

EBT Margin

-18.26%

Return on Equity

82.99%

Return on Assets

-18.42%

Free Cashflow Yield

9.19%

RNG Fundamentals

RNG Revenue

Revenue (TTM)

2.2B

Revenue Y/Y

9.65%

Revenue Q/Q

3.5%

RNG Earnings

Earnings (TTM)

-402.1M

Earnings Y/Y

85.2%

Earnings Q/Q

-96.05%

Price Action

Last 7 days

10.9%

Last 30 days

23.4%

Last 90 days

8.2%

Trailing 12 Months

-6.2%

How does RNG drawdown profile look like?

RNG Financial Health

Current Ratio

1.74

RNG Investor Care

Shares Dilution (1Y)

0.22%

Diluted EPS (TTM)

-4.22

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.1B	2.1B	2.2B	0
2022	1.7B	1.8B	1.9B	2.0B
2021	1.3B	1.4B	1.5B	1.6B
2020	968.9M	1.0B	1.1B	1.2B
2019	724.8M	779.1M	838.6M	902.9M
2018	541.7M	582.6M	626.2M	673.6M
2017	405.4M	433.5M	466.9M	503.6M
2016	317.4M	338.6M	358.7M	379.7M
2015	236.9M	254.8M	274.7M	296.2M
2014	173.2M	188.3M	203.3M	219.9M
2013	125.2M	135.9M	148.3M	160.5M
2012	87.8M	96.7M	105.6M	114.5M
2011	0	0	0	78.9M

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for RNG

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 01, 2023	parekh sonalee elizabeth	sold	-1,555,410	29.9337	-51,962	chief financial officer
Nov 22, 2023	shmunis vladimir	sold	-278,181	29.276	-9,502	-
Nov 21, 2023	shmunis vladimir	sold	-1,682,660	28.9003	-58,223	-
Nov 21, 2023	marlow john h	sold	-495,719	28.8898	-17,159	svp, cao & general counsel
Nov 21, 2023	agarwal vaibhav	sold	-159,996	29.449	-5,433	deputy chief financial officer
Nov 20, 2023	parekh sonalee elizabeth	sold (taxes)	-273,608	30.31	-9,027	chief financial officer
Nov 20, 2023	robbiati tarek	sold (taxes)	-643,330	30.31	-21,225	chief executive officer
Nov 20, 2023	agarwal vaibhav	sold (taxes)	-202,774	30.31	-6,690	deputy chief financial officer
Nov 16, 2023	agarwal vaibhav	sold	-24,960	30.00	-832	deputy chief financial officer
Nov 15, 2023	marlow john h	acquired	-	-	1,604	svp, cao & general counsel

Which funds bought or sold RNG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Dec 06, 2023	CITIGROUP INC	added	507	3,538,830	4,325,560	-%
Dec 01, 2023	B. Riley Wealth Advisors, Inc.	unchanged	-	156	59,924	-%
Dec 01, 2023	B. Riley Wealth Advisors, Inc.	sold off	-100	-393,251	-	-%
Nov 30, 2023	Neo Ivy Capital Management	new	-	53,000	53,000	0.02%
Nov 24, 2023	DEUTSCHE BANK AG\	reduced	-98.94	-18,740,700	181,455	-%
Nov 22, 2023	Graham Capital Management, L.P.	sold off	-100	-1,964,360	-	-%
Nov 21, 2023	COMERICA BANK	added	893	23,852	23,852	-%
Nov 17, 2023	OLD NATIONAL BANCORP /IN/	added	2.95	-71,089	973,848	0.03%
Nov 17, 2023	JACOBS LEVY EQUITY MANAGEMENT, INC	reduced	-64.08	-3,576,450	1,723,520	0.01%
Nov 17, 2023	Diversified Trust Co	sold off	-100	-236,146	-	-%

Latest Funds Activity

Are funds buying RNG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RNG

No. of Funds

Schedule 13G FIlings of RingCentral Inc

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 26, 2023	sylebra capital ltd	8.68%	7,437,154	SC 13D
Feb 14, 2023	shmunis vladimir	5.2%	4,696,285	SC 13G
Feb 14, 2023	tiger global management llc	0.0%	0	SC 13G/A
Feb 13, 2023	capital world investors	15.1%	12,964,077	SC 13G/A
Feb 13, 2023	alkeon capital management llc	5.6%	4,802,188	SC 13G/A
Feb 09, 2023	vanguard group inc	11.33%	9,747,692	SC 13G/A
Feb 07, 2023	blackrock inc.	7.3%	6,278,715	SC 13G/A
Nov 10, 2022	capital world investors	13.6%	11,613,227	SC 13G/A
Sep 09, 2022	capital world investors	6.8%	5,815,721	SC 13G/A
Sep 09, 2022	capital international investors	2.9%	2,513,988	SC 13G/A

Recent SEC filings of RingCentral Inc

View All Filings

Date Filed	Form Type	Document
Dec 04, 2023	4	Insider Trading
Dec 01, 2023	144	Notice of Insider Sale Intent
Nov 24, 2023	4	Insider Trading
Nov 22, 2023	4	Insider Trading
Nov 22, 2023	4	Insider Trading
Nov 22, 2023	4	Insider Trading
Nov 22, 2023	4	Insider Trading
Nov 21, 2023	144	Notice of Insider Sale Intent
Nov 21, 2023	144	Notice of Insider Sale Intent
Nov 21, 2023	144	Notice of Insider Sale Intent

Peers (Alternatives to RingCentral Inc)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	244.5B	34.0B	18.57%	92.68%	94.31	7.2	12.08%	832.37%
UBER	126.8B	36.0B	24.71%	133.38%	120.32	3.53	23.77%	111.91%
ADSK	47.9B	5.3B	8.25%	13.92%	52.28	8.97	9.15%	48.14%
ANSS	24.9B	2.2B	0.09%	17.28%	51.49	11.53	6.50%	3.13%
ZM	21.9B	4.5B	18.20%	1.00%	93.18	4.86	3.50%	-66.41%
MID-CAP
APPF	6.5B	572.7M	-9.35%	65.72%	-138.18	11.4	29.15%	4.99%
LYFT	5.0B	4.4B	23.23%	24.15%	-5.59	1.16	11.93%	29.50%
AI	3.3B	284.7M	4.63%	118.99%	-12.46	11.48	5.51%	-9.92%
AYX	3.1B	920.0M	18.89%	-5.46%	-10.55	3.33	26.29%	10.26%
ALRM	2.8B	863.6M	9.54%	15.11%	43.27	3.29	4.08%	56.97%
AGYS	2.1B	217.5M	-2.44%	33.28%	151.7	9.81	19.98%	38.67%
SMALL-CAP
AVID	1.2B	413.5M	0.67%	10.41%	92.02	2.88	-1.65%	-71.35%
APPS	622.7M	592.1M	20.78%	-62.37%	-3.47	1.05	-22.55%	-433.99%
ASUR	193.3M	122.1M	-6.38%	-5.47%	-28.91	1.58	39.32%	62.24%
AEYE	50.0M	31.2M	-6.44%	-9.38%	-6.88	1.6	8.78%	46.25%

RingCentral Inc News

Latest updates

The DBT News • 08 Dec 2023 • 10:32 pm • 29 hours ago

Market cap of RingCentral Inc. [RNG] reaches 3.07B – now what ...

Best Stocks • 07 Dec 2023 • 10:08 pm • 2 days ago

RingCentrals Appearance at Barclays Global Technology ...

InvestorsObserver • 07 Dec 2023 • 06:46 pm • 2 days ago

RingCentral Inc (RNG) Stock Gains 15.11% This Week: Is It a Good Pick?

MarketBeat • 07 Dec 2023 • 10:16 am • 2 days ago

Penn Capital Management Company LLC Trims Stock Position in ...

Marketscreener.com • 05 Dec 2023 • 04:31 pm • 4 days ago

RingCentral Named a Leader in the 2023 Gartner® Magic Quadrant ...

GuruFocus.com • 27 Nov 2023 • 11:27 pm • 12 days ago

RingCentral (RNG): A Smart Investment or a Value Trap? An In ...

Defense World • 27 Nov 2023 • 10:57 am • 12 days ago

Swiss National Bank Has $5.79 Million Stock Holdings in ...

Yahoo Finance • 27 Nov 2023 • 08:00 am • 12 days ago

Implied Volatility Surging for RingCentral (RNG) Stock Options

Yahoo Finance • 25 Nov 2023 • 08:00 am • 14 days ago

Insider Sell: Executive Chairman Vladimir Shmunis Sells 67,725 ...

Best Stocks • 21 Nov 2023 • 07:57 pm • 18 days ago

Seaport Global Analyst Initiates Coverage on ACI Worldwide with ...

Yahoo Finance • 06 Nov 2023 • 08:00 am • 33 days ago

RingCentral Inc (RNG) Reports 10% YoY Increase in Q3 2023 ...

Investing.com • 06 Nov 2023 • 08:00 am • 33 days ago

After-hours movers: Ventyx sinks on trial disapointment ...

Benzinga • 06 Nov 2023 • 08:00 am • 33 days ago

Stocks Fight To Extend Winning Streak, Treasury Yields Rise: What's Driving Markets Monday? - Matterport

InvestorsObserver • 02 Nov 2023 • 07:00 am • 37 days ago

Is RingCentral Inc (RNG) a Stock to Watch After Gaining 6.76% This Week?

Zacks Investment Research • 31 Oct 2023 • 07:00 am • 39 days ago

Will RingCentral (RNG) Beat Estimates Again in Its Next Earnings Report?

Financials for RingCentral Inc

Income Statement (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	3.5%	558	539	534	525	509	487	468	448	415	379	352	335	304	278	268	253	233	215	201	189	174
Gross Profit	3.8%	389	375	373	364	342	329	312	312	304	274	255	243	221	201	194	186	174	162	151	145	135
Operating Expenses	5.6%	443	420	428	620	524	436	416	416	387	348	297	272	251	231	220	206	184	169	158	148	142
S&GA Expenses	2.4%	271	264	260	275	262	265	254	246	225	203	179	162	153	138	131	126	110	104	100	92.00	86.00
R&D Expenses	6.4%	85.00	80.00	85.00	89.00	87.00	97.00	90.00	87.00	84.00	76.00	63.00	57.00	48.00	44.00	41.00	39.00	35.00	33.00	30.00	27.00	26.00
EBITDA Margin	68.9%	-0.05*	-0.18*	-0.25*	-0.31*	-0.29*	-0.22*	-0.20*	-0.12*	-0.07*	0.01*	0.09*	0.04*	-0.03*	-0.03*	-0.05*	0.00*	0.02*	0.02*	0.02*	0.02*	0.02*
Interest Expenses	137.6%	12.00	5.00	2.00	1.00	1.00	1.00	1.00	16.00	16.00	16.00	16.00	17.00	13.00	13.00	8.00	5.00	5.00	5.00	5.00	5.00	5.00
Income Taxes	-154.0%	-3.78	7.00	3.00	2.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.21	-0.15	0.00	-3.09	-0.11	0.00
Earnings Before Taxes	-215.9%	-45.90	-14.53	-51.31	-281	-283	-158	-149	-117	-146	-110	0.00	-1.70	-20.53	1.00	-60.51	-25.47	-12.90	-9.13	-9.44	-5.81	-9.41
EBT Margin	39.1%	-0.18*	-0.30*	-0.38*	-0.44*	-0.37*	-0.31*	-0.31*	-0.23*	-0.17*	-0.10*	-0.02*	-0.07*	-0.10*	-0.10*	-0.11*	-0.06*	-0.04*	-0.04*	-0.05*	-0.04*	-0.03*
Net Income	-96.1%	-42.12	-21.48	-54.40	-284	-284	-159	-150	-118	-146	-110	-0.19	-1.83	-20.96	1.00	-60.72	-25.26	-12.75	-9.24	-6.36	-5.68	-9.52
Net Income Margin	39.0%	-0.19*	-0.31*	-0.38*	-0.44*	-0.37*	-0.32*	-0.31*	-0.24*	-0.18*	-0.10*	-0.02*	-0.07*	-0.10*	-0.10*	-0.11*	-0.06*	-0.04*	-0.04*	-0.04*	-0.04*	-0.03*
Free Cashflow	-4.7%	82.00	86.00	100	30.00	34.00	42.00	52.00	40.00	36.00	19.00	28.00	-12.11	-91.23	18.00	6.00	-12.57	20.00	16.00	13.00	14.00	14.00

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	11.3%	2,182	1,960	2,046	2,074	2,316	2,519	2,568	2,579	1,966	1,969	2,070	2,185	2,116	1,965	1,872	1,451	1,059	1,012	966	894	842
Current Assets	31.0%	1,052	804	851	796	775	739	721	651	694	648	744	926	993	1,002	972	536	765	735	704	708	702
Cash Equivalents	91.9%	432	225	275	270	305	306	302	267	345	325	463	640	746	774	762	344	583	568	549	566	577
Inventory	3.5%	1.00	1.00	1.00	1.00	1.00	5.00	6.00	6.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net PPE	-1.2%	184	186	187	185	182	178	173	167	159	153	146	142	133	114	98.00	89.00	84.00	79.00	74.00	70.00	60.00
Goodwill	21.8%	66.00	55.00	55.00	54.00	53.00	54.00	55.00	55.00	56.00	57.00	56.00	57.00	56.00	55.00	55.00	55.00	55.00	56.00	55.00	24.00	9.00
Liabilities	10.5%	2,468	2,233	2,319	2,357	2,361	2,358	2,320	2,041	1,920	1,876	1,853	1,872	1,817	1,416	1,381	705	690	657	634	577	542
Current Liabilities	2.2%	605	592	591	653	639	622	576	526	476	447	444	438	369	371	308	281	268	246	229	199	173
LT Debt, Current	0%	20.00	20.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	14.3%	1,781	1,559	-	1,638	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-2.7%	-484	-471	-471	-482	-244	-37.69	49.00	339	45.00	92.00	213	308	298	542	490	746	369	356	331	318	299
Retained Earnings	-2.6%	-1,651	-1,609	-1,588	-1,533	-1,249	-965	-805	-748	-630	-483	-372	-372	-370	-349	-350	-289	-264	-251	-242	-235	-230
Additional Paid-In Capital	2.4%	1,171	1,143	1,123	1,060	1,023	937	856	1,087	673	571	582	674	665	890	840	1,033	633	605	571	551	527
Accumulated Depreciation	5.3%	314	298	278	259	240	224	209	193	179	165	151	138	127	116	107	99.00	92.00	86.00	80.00	76.00	71.00
Shares Outstanding	-100.0%	-	95.00	96.00	-	96.00	95.00	95.00	-	92.00	91.00	91.00	89.00	89.00	88.00	87.00	83.00	82.00	82.00	81.00	80.00	80.00

Cashflow (Last 12 Months)
(In Millions)

Cashflow (Quarterly)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	-4.5%	86,594,000	90,691,000	108,533,000	39,372,000	42,260,000	50,678,000	58,995,000	47,651,000	43,029,000	24,516,000	36,955,000	-2,484,000	-72,816,000	27,040,000	13,069,000	-6,162,000	26,760,000	24,051,000	20,197,000	23,028,000	20,227,000
Share Based Compensation	6.7%	111,682,000	104,660,000	98,191,000	92,232,000	95,658,000	100,511,000	97,608,000	103,216,000	104,426,000	95,361,000	54,962,000	52,190,000	51,566,000	49,255,000	36,589,000	29,664,000	27,376,000	24,916,000	19,398,000	18,709,000	18,515,000
Cashflow From Investing	-76.0%	-31,341,000	-17,805,000	-21,319,000	-22,977,000	-18,522,000	-23,784,000	-21,927,000	-333,647,000	-19,574,000	-16,772,000	-26,836,000	-45,645,000	-29,439,000	-18,352,000	-14,250,000	-236,083,000	-10,231,000	-12,191,000	-38,275,000	-39,009,000	-8,746,000
Cashflow From Financing	225.3%	153,045,000	-122,117,000	-82,726,000	-53,438,000	-22,853,000	-19,997,000	-1,930,000	208,242,000	-3,057,000	-145,740,000	-186,496,000	-58,773,000	73,284,000	2,783,000	420,296,000	2,639,000	-1,116,000	6,787,000	732,000	5,274,000	-568,000
Buy Backs	-25.1%	75,292,000	100,506,000	74,776,000	54,789,000	20,000,000	25,004,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

RNG Income Statement

2023-09-30

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenues
Total revenues	$ 558,164	$ 509,032	$ 1,631,158	$ 1,463,584
Cost of revenues
Total cost of revenues	168,974	167,474	494,067	481,138
Gross profit	389,190	341,558	1,137,091	982,446
Operating expenses
Research and development	85,444	86,700	250,965	273,492
Sales and marketing	270,767	261,914	795,422	781,767
General and administrative	87,154	72,261	244,472	217,810
Asset write-down charge	0	103,242	0	103,242
Total operating expenses	443,365	524,117	1,290,859	1,376,311
Loss from operations	(54,175)	(182,559)	(153,768)	(393,865)
Other income (expense), net
Interest expense	(12,162)	(1,178)	(19,492)	(3,613)
Other income (expense)	20,441	(100,006)	61,521	(194,725)
Other income (expense), net	8,279	(101,184)	42,029	(198,338)
Loss before income taxes	(45,896)	(283,743)	(111,739)	(592,203)
(Benefit from) provision for income taxes	(3,780)	873	6,258	2,900
Net loss	$ (42,116)	$ (284,616)	$ (117,997)	$ (595,103)
Net loss per common share
Basic (in dollars per share)	$ (0.45)	$ (2.98)	$ (1.24)	$ (6.26)
Diluted (in dollars per share)	$ (0.45)	$ (2.98)	$ (1.24)	$ (6.26)
Weighted-average number of shares used in computing net loss per share
Basic (in shares)	94,593	95,575	95,213	95,097
Diluted (in shares)	94,593	95,575	95,213	95,097
Subscriptions
Revenues
Total revenues	$ 531,030	$ 483,229	$ 1,552,956	$ 1,386,140
Cost of revenues
Total cost of revenues	141,172	134,372	413,664	395,083
Other
Revenues
Total revenues	27,134	25,803	78,202	77,444
Cost of revenues
Total cost of revenues	$ 27,802	$ 33,102	$ 80,403	$ 86,055

RNG Balance Sheet

2023-09-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 432,352	$ 269,984
Accounts receivable, net	347,912	311,318
Deferred and prepaid sales commission costs	176,197	158,865
Prepaid expenses and other current assets	95,858	55,849
Total current assets	1,052,319	796,016
Property and equipment, net	183,593	185,400
Operating lease right-of-use assets	32,477	35,433
Deferred and prepaid sales commission costs, non-current	394,020	438,579
Goodwill	66,482	54,335
Acquired intangibles, net	431,920	528,051
Other assets	21,683	35,848
Total assets	2,182,494	2,073,662
Current liabilities
Accounts payable	43,311	62,721
Accrued liabilities	310,752	380,113
Current portion of long-term debt, net	20,000	0
Deferred revenue	231,247	209,725
Total current liabilities	605,310	652,559
Long-term debt, net	1,781,252	1,638,411
Operating lease liabilities	18,577	20,182
Other long-term liabilities	62,362	45,848
Total liabilities	2,467,501	2,357,000
Commitments and contingencies (Note 9)
Series A convertible preferred stock	199,449	199,449
Stockholders' deficit
Common stock	9	10
Additional paid-in capital	1,170,672	1,059,880
Accumulated other comprehensive loss	(3,244)	(8,781)
Accumulated deficit	(1,651,893)	(1,533,896)
Total stockholders' deficit	(484,456)	(482,787)
Total liabilities, temporary equity and stockholders’ deficit	$ 2,182,494	$ 2,073,662

About RingCentral Inc

RingCentral, Inc. provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The company's products include RingCentral Message Video Phone (MVP) 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 omni-channel and workforce engagement solution with integrated RingCentral MVP; and RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their customers. The company's products also comprise RingCentral Engage Voice, a cloud-based outbound/blended customer engagement platform for midsize and enterprise companies; RingCentral Video, a video meeting service which includes the company's RCV video and team messaging capabilities and offers video and audio conferencing, file sharing, contact, task, and calendar management. In addition, it offers RingCentral professional services. 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. The company was incorporated in 1999 and is headquartered in Belmont, California.

CEO	Mr. Tarek A. Robbiati M.B.A., M.Sc.
WEBSITE	www.ringcentral.com
EMPLOYEES	3902

RingCentral Inc Frequently Asked Questions

What is the ticker symbol for RingCentral Inc? What does RNG stand for in stocks?

RNG is the stock ticker symbol of RingCentral Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of RingCentral Inc (RNG)?

As of Fri Dec 08 2023, market cap of RingCentral Inc is 3.25 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RNG stock?

You can check RNG's fair value in chart. The fair value of RingCentral Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of RingCentral Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RNG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is RingCentral Inc a good stock to buy?

The fair value guage provides a quick view whether RNG is over valued or under valued. Whether RingCentral Inc is cheap or expensive depends on the assumptions which impact RingCentral Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RNG.

What is RingCentral Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Dec 08 2023, RNG's PE ratio (Price to Earnings) is -8.08 and Price to Sales (PS) ratio is 1.51. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RNG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on RingCentral Inc's stock?

In the past 10 years, RingCentral Inc has provided 0.071 (multiply by 100 for percentage) rate of return.

Market Summary

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Income Statement (Last 12 Months).css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

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About RingCentral Inc

RingCentral Inc Frequently Asked Questions

What is the ticker symbol for RingCentral Inc? What does RNG stand for in stocks?

What is the market capital of RingCentral Inc (RNG)?

What is the fair value of RNG stock?

Is RingCentral Inc a good stock to buy?

What is RingCentral Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

What is 5 year return on RingCentral Inc's stock?

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)