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RingCentral (DE:3RCA)
FRANKFURT:3RCA
RingCentral (3RCA) Stock Price & Analysis
3 Followers
3RCA Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€23.65 - €37.95
Previous Close€28.41
Volume0.00
Average Volume (3M)132.00
Market Cap
€2.57B
Enterprise Value€4.29B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.82B
Price to Earnings (P/E)N/A
Beta1.55
Next Earnings
May 07, 2024EPS Estimate
€0.75Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding92,317,573
10 Day Avg. Volume35
30 Day Avg. Volume132
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-2.91
Price to Sales (P/S)1.19
Price to Cash Flow (P/CF)6.20
P/FCF Ratio5.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.99
Enterprise Value/Gross Profit3.18
Enterprise Value/Ebitda-244.02
Forecast
1Y Price Target
€34.87Price Target Upside22.74% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
RingCentral News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRingCentral delivered fourth-quarter results that topped Street estimates with 9% revenue growth and an expanded operating margin from 12% to 19%.
Market PositionEnterprise ARR crossed the $1 billion mark, indicating a 13% year-over-year growth and signaling RingCentral's strengthening position in the market.
Product DevelopmentNew products like RingCX, RingSense for Sales, and RingCentral Events are expected to become meaningful contributors to growth.
Bears Say
Competitive PressuresPrice target was reduced from $36 to $31, reflecting concerns over competitive pressures and slowing growth.
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
0.00% Insiders
0.00% Mutual Funds
0.16% Other Institutional Investors
99.84% 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
3RCA FAQ
What was RingCentral’s price range in the past 12 months?
RingCentral lowest stock price was €23.65 and its highest was €37.95 in the past 12 months.
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 18 days.
How were RingCentral’s earnings last quarter?
RingCentral released its earnings results on Feb 20, 2024. The company reported €0.81 earnings per share for the quarter, beating the consensus estimate of €0.776 by €0.034.
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 €0.75.
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 €0.81 in its last earnings report, beating expectations of €0.776. Following the earnings report the stock price went up 0.181%.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€34.87 (22.74% Upside)
€34.87 (22.74% Upside)
Blogger Sentiment
Bullish
DE:3RCA Sentiment 75%
Sector Average 70%
Sector Average 70%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.37%
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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3RCA Company Deck
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3RCA Earnings Call
Q4 2024
0:00 / 0:00
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3RCA Revenue Breakdown
95.36% Subscriptions
4.64% Other
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3RCA Stock 12 Months Forecast
Average Price Target
€34.87
▲(22.74% Upside)
Technical Analysis
Best Analysts Covering 3RCA
1 Year
1 Year Success Rate
20/29 ratings generated profit
1 Year Average Return
+49.39%
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 +49.39% per trade.
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