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RingCentral (GB:0V50)
LSE:0V50
RingCentral (0V50) Share Price & Analysis
1 Followers
0V50 Stock Chart & Stats
Day’s Range$30.53 - $30.53
52-Week Range― - ―
Previous Close$29.52
Volume17.00
Average Volume (3M)N/A
Market Cap
$2.82B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
May 07, 2024EPS Estimate
$0.8Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$37.21Price Target Upside21.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
RingCentral News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRNG reported solid Q4 results with significantly higher profitability and free cash flow, indicating a strong financial position.
Market PositionWith enterprise annual recurring revenue surpassing the $1 billion mark and a steady net retention rate at 99%, RNG demonstrates market strength and customer loyalty.
Product DevelopmentNew product initiatives, including RingCX, RingSense for Sales, and RingCentral Events, are set to enhance RNG's growth prospects.
Bears Say
Competitive And Growth ChallengesPrice target was reduced from $36 to $31, reflecting concerns over competitive pressures and slowing growth.
Earnings GuidanceManagement's conservative 2024 guidance of 8-9% revenue growth fell slightly shy of consensus estimates.
Leadership ConcernsAnalyst reduces price target to $42 due to concerns over CEO turnover affecting strategic execution.
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Ownership Overview
12.92% Insiders
39.29% Mutual Funds
21.32% Other Institutional Investors
26.47% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by RingCentral
Desktop Users
Mobile Users
0V50 FAQ
What was RingCentral’s price range in the past 12 months?
Currently, no data Available
What is RingCentral’s market cap?
Currently, no data Available
When is RingCentral’s upcoming earnings report date?
RingCentral’s upcoming earnings report date is May 07, 2024 which is in 10 days.
How were RingCentral’s earnings last quarter?
RingCentral released its earnings results on Feb 20, 2024. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.824 by $0.036.
Is RingCentral overvalued?
According to Wall Street analysts RingCentral’s price is currently Undervalued.
Does RingCentral pay dividends?
RingCentral does not currently pay dividends.
What is RingCentral’s EPS estimate?
RingCentral’s EPS estimate is $0.8.
How many shares outstanding does RingCentral have?
Currently, no data Available
What happened to RingCentral’s price movement after its last earnings report?
RingCentral reported an EPS of $0.86 in its last earnings report, beating expectations of $0.824. Following the earnings report the stock price went up 3.3%.
Which hedge fund is a major shareholder of RingCentral?
Among the largest hedge funds holding RingCentral’s share is No Street GP LP. It holds RingCentral’s shares valued at 51M.
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RingCentral Stock Smart Score
Underperform
1
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$37.21 (21.88% Upside)
$37.21 (21.88% Upside)
Blogger Sentiment
Bullish
GB:0V50 Sentiment 75%
Sector Average 69%
Sector Average 69%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.31%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-6.21%
Trailing 12-Months
Company Description
RingCentral
Founded in 1999, California-based RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company's products include RingCentral Professional, RingCentral Office, RingCentral Glip, and RingCentral Fax.
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0V50 Company Deck
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0V50 Earnings Call
Q4 2024
0:00 / 0:00
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0V50 Revenue Breakdown
95.36% Subscriptions
4.64% Other
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0V50 Stock 12 Months Forecast
Average Price Target
$37.21
▲(21.88% Upside)
Technical Analysis
Best Analysts Covering 0V50
1 Year
1 Year Success Rate
20/29 ratings generated profit
1 Year Average Return
+49.49%
reiterated a buy rating 5 months ago
Copying Terry Tillman's trades and holding each position for 1 Year would result in 68.97% of your transactions generating a profit, with an average return of +49.49% per trade.
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