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RNG

35.63USD-0.68(-1.87%)Market Closed

RingCentral Inc

Market Summary

USD35.63-0.68Market Closed
-1.87%

RNG Alerts

RNG Stock Price

RSI Chart

Valuation

Market Cap

3.3B

Price/Earnings

-5.73

Price/Sales

1.82

Price/Cashflow

16.47

MarketCap/EBT

-5.77

Price/Sales

Profitability

EBT Margin

-31.46%

Return on Equity

-1.2K%

Return on Assets

-22.85%

Fundamentals

Revenue

Revenue (TTM)

1.9B

Revenue Y/Y

22.77%

Revenue Q/Q

4.55%

Earnings

Earnings (TTM)

-713.5M

Earnings Y/Y

-93.94%

Earnings Q/Q

-78.43%

Price Action

52 Week Range

216.65
(Low)(High)

Last 7 days

1.5%

Last 30 days

19.8%

Last 90 days

-16.8%

Trailing 12 Months

-82.2%

Financial Health

Current Ratio

1.19

Investor Care

Shares Dilution (1Y)

4.33%

Diluted EPS (TTM)

-7.53

Peers (Alternatives to RingCentral)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
203.1B
11.03% -24.15%
25.2
8.66
15.22% 2.81%
208.6B
44.2B
3.83% -9.74%
35.9
4.72
8.12% -58.36%
163.0B
30.3B
-4.65% -48.49%
304.14
5.56
21.26% -84.01%
151.4B
17.2B
15.89% -46.76%
31.46
8.81
13.86% -17.57%
121.7B
13.3B
7.92% -39.35%
58.91
9.56
29.07% -10.23%
12.1B
693.1M
-3.12% 59.08%
44.35
17.39
-2.84% -14.76%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
7.5B
740.5M
7.01% -21.78%
67.22
10.14
15.84% 1.13%
5.0B
812.6M
6.00% -50.48%
-33.17
6.14
9.33% -463.42%
3.6B
421.7M
-5.07% -46.46%
-29.08
8.53
27.49% -161.02%
2.6B
506.4M
0.39% 55.58%
-71.14
5.11
10.10% -203.10%
2.4B
308.3M
1.17% 7.67%
-23.19
7.94
13.75% -232.84%
SMALL-CAP
991.7M
371.9M
-2.04% -61.67%
-8.92
2.67
15.01% -44.50%
653.0M
399.9M
22.20% -38.96%
-6.96
1.63
4.73% 8.15%
246.7M
310.7M
-15.31% -67.99%
-4.28
0.79
2.66% -1.77%

Financials for RingCentral

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue5.2%1,9121,8181,7101,5951,481
Gross Profit3.0%1,2951,2581,2031,1461,077
Operating Expenses8.3%1,7921,6551,5671,4481,304
  S&GA Expenses3.7%1,028991929854770
  R&D Expenses0.7%360358337310280
Earnings Before Taxes-24.1%-709.46-571.89-523.97-373.72-258.16
Net Income-24.0%-713.46-575.59-527.04-376.25-259.72
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-8.1%2,3162,5192,5682,5791,966
  Current Assets4.8%775739721651694
    Cash Equivalents-0.4%305306302267345
  Inventory-72.5%15661
  Net PPE2.2%182178173167159
  Goodwill-2.2%5354555556
Liabilities0.1%2,3612,3582,3202,0411,920
  Current Liabilities2.8%639622576526476
Shareholder's Equity-549.7%-244.88-37.694933945
  Retained Earnings-29.5%-1,249.83-965.22-805.70-748.56-630.20
  Additional Paid-In Capital9.2%1,0239378561,087673
Accumulated Depreciation7.0%240224209193179
Shares Outstanding0.6%959592--
Float-23,900----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-0.4%200200174152102
  Share Based Compensation-2.2%397406401358307
Cashflow From Investing0.3%-397.88-398.93-391.92-396.83-108.83
Cashflow From Financing-10.8%16318358-127.05-394.07
  Buy Backs80.0%90500
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on RNG?

73.8%


Probability that RingCentral stock will be more than 20% underwater in next one year

34.6%


Probability that RingCentral stock will be more than 30% underwater in next one year.

32.3%


Probability that RingCentral stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does RNG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if RingCentral was unfortunately bought at previous high price.

Returns

Cumulative Returns on RNG

5.6%


7-Year Cumulative Returns

-5.9%


5-Year Cumulative Returns

-40.2%


3-Year Cumulative Returns

What are the long-term rolling returns for RNG?

FIve years rolling returns for RingCentral.

Which funds bought or sold RNG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
CVA Family Office, LLC
-
-
-
-
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-1,668,000
5,280,000
0.01%
2022-11-21
Parallax Volatility Advisers, L.P.
REDUCED
-70
-2,014,000
599,000
-%
2022-11-17
CENTRAL TRUST Co
NEW
-
1,000
1,000
-%
2022-11-16
Neo Ivy Capital Management
ADDED
64.66
21,000
101,000
0.27%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
400.39
191,000
259,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
Balyasny Asset Management LLC
ADDED
170.17
4,223,000
8,186,000
0.03%
2022-11-15
ALLIANCEBERNSTEIN L.P.
REDUCED
-28.79
-1,314,000
1,571,000
-%
2022-11-15
SeaCrest Wealth Management, LLC
SOLD OFF
-100
-22,000
-
-%

1–10 of 33

Latest Funds Activity

Are funds buying RNG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own RNG

RingCentral News

Marketscreener.com

RingCentral Extends Encryption on Cloud Phone System to Include Phone Calls, Messages.16 hours ago

RNG Fair Value

Recent SEC filings of RingCentral

View All Filings
Date Filed Form Type Document
Nov 30, 2022
4
Insider Trading
Nov 28, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 18, 2022
DEF 14A
DEF 14A
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading

Latest Insider Trading transactions for RNG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-28
Marlow John H
SOLD
-207,323
35.074
-5,911
SVP, CAO & General Counsel
2022-11-23
Katibeh Mohammed
SOLD
-19,547.3
34.475
-567
President and COO
2022-11-22
Agarwal Vaibhav
SOLD
-108,720
34.5362
-3,148
Chief Accounting Officer
2022-11-21
Parekh Sonalee Elizabeth
SOLD FOR TAXES
-544,724
35.79
-15,220
Chief Financial Officer
2022-11-21
Katibeh Mohammed
SOLD FOR TAXES
-39,941.6
35.79
-1,116
President and COO
2022-11-21
Shmunis Vladimir
SOLD FOR TAXES
-490,359
35.79
-13,701
CEO & Chairman
2022-11-21
Agarwal Vaibhav
SOLD FOR TAXES
-297,236
35.79
-8,305
Chief Accounting Officer
2022-11-21
Marlow John H
SOLD FOR TAXES
-162,701
35.79
-4,546
SVP, CAO & General Counsel
2022-11-20
Parekh Sonalee Elizabeth
ACQUIRED
-
-
30,697
Chief Financial Officer
2022-11-20
Shmunis Vladimir
ACQUIRED
-
-
3,529
CEO & Chairman

1–10 of 50

Vladimir G. Shmunis
3920
RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company offers business cloud communications and contact center solutions based on its Message Video Phone? platform. Its 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 Contact Center, a collaborative contact center solution that delivers omni-channel; 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 our 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, a cloud based virtual telephone service that provides inbound call answering and management services for professionals; and RingCentral Fax that provides online fax capabilities. 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 strategic partnerships with Alcatel-Lucent Enterprise; and Vodafone Business. The company was incorporated in 1999 and is headquartered in Belmont, California.

RNG Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Total revenues$ 509,032$ 414,629$ 1,463,584$ 1,146,258
Cost of revenues    
Total cost of revenues167,474110,449481,138312,353
Gross profit341,558304,180982,446833,905
Operating expenses    
Research and development86,70084,121273,492222,958
Sales and marketing261,914225,111781,767607,758
General and administrative72,26178,083217,810201,716
Asset write-down charge103,2420103,2420
Total operating expenses524,117387,3151,376,3111,032,432
Loss from operations(182,559)(83,135)(393,865)(198,527)
Other income (expense), net    
Interest expense(1,178)(15,977)(3,613)(48,197)
Other expense(100,006)(47,062)(194,725)(9,742)
Other expense, net(101,184)(63,039)(198,338)(57,939)
Loss before income taxes(283,743)(146,174)(592,203)(256,466)
Provision for income taxes8735772,9001,427
Net loss$ (284,616)$ (146,751)$ (595,103)$ (257,893)
Net loss per common share    
Basic (in dollars per share)$ (2.98)$ (1.60)$ (6.26)$ (2.83)
Diluted (in dollars per share)$ (2.98)$ (1.60)$ (6.26)$ (2.83)
Weighted-average number of shares used in computing net loss per share    
Basic (in shares)95,57591,81195,09791,213
Diluted (in shares)95,57591,81195,09791,213
Subscriptions    
Revenues    
Total revenues$ 483,229$ 385,440$ 1,386,140$ 1,061,866
Cost of revenues    
Total cost of revenues134,37284,229395,083236,719
Other    
Revenues    
Total revenues25,80329,18977,44484,392
Cost of revenues    
Total cost of revenues$ 33,102$ 26,220$ 86,055$ 75,634

RNG Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 305,383$ 267,162
Accounts receivable, net265,986232,842
Deferred and prepaid sales commission costs151,292102,572
Prepaid expenses and other current assets51,93948,165
Total current assets774,600650,741
Property and equipment, net182,194166,910
Operating lease right-of-use assets36,90247,294
Long-term investments31,824210,445
Deferred and prepaid sales commission costs, non-current646,466723,448
Goodwill52,57255,490
Acquired intangibles, net584,741716,606
Other assets6,4188,105
Total assets2,315,7172,579,039
Current liabilities  
Accounts payable88,52670,022
Accrued liabilities341,256279,798
Deferred revenue209,420176,450
Total current liabilities639,202526,270
Convertible senior notes, net1,637,2931,398,489
Operating lease liabilities22,34831,812
Other long-term liabilities62,30184,052
Total liabilities2,361,1442,040,623
Commitments and contingencies (Note 7)
Series A convertible preferred stock199,449199,449
Stockholders' (deficit) equity  
Common stock109
Additional paid-in capital1,022,9091,086,870
Accumulated other comprehensive (loss) income(17,962)644
Accumulated deficit(1,249,833)(748,556)
Total stockholders' (deficit) equity(244,876)338,967
Total liabilities, temporary equity and stockholders’ (deficit) equity$ 2,315,717$ 2,579,039