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RingCentral (RNG)
NYSE:RNG

RingCentral Stock Analysis & Ratings

RingCentral Stock Analysis Overview

Smart Score
10
Outperform
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks Smart Score
The RingCentral stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

Stock Chart

RNG

RNG Stock Stats

Previous Close$237.16
Open$237.84
Bid0 x 0
Ask0 x 0
Today’s Range$234.82 - $241.6
52-Week Range$207.53 - $449.00
Volume885.02K
Average Volume1.09M
Market Cap$21.54B
Beta0.71
P/E Ratio-158.8
EPS-1.48
Earnings DateNov 08, 2021

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.
Sector
Technology
Industry
Software
CEO
Vladimir Shmunis
Employees
3,140
ISIN
US76680R2067
Address
20 Davis Drive, Belmont, CA, 94002, US

Financials


P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

RNG FAQ

What was RingCentral’s price range in the past 12 months?
RingCentral lowest stock price was $207.53 and its highest was $449.00 in the past 12 months.
    What is RingCentral’s market cap?
    RingCentral’s market cap is $21.54B.
      What is RingCentral’s price target?
      The average price target for RingCentral is $382.46. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is $470.00 ,the lowest forecast is $300.00. The average price target represents 62.50% Increase from the current price of $235.36.
        What do analysts say about RingCentral?
        RingCentral’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 14 Wall Streets Analysts.
          When is RingCentral’s upcoming earnings report date?
          RingCentral’s upcoming earnings report date is Nov 08, 2021 which is in 21 days.
            How were RingCentral’s earnings last quarter?
            RingCentral released its earnings results on Aug 03, 2021. The company reported -$1.217 earnings per share for the quarter, missing the consensus estimate of $0.279 by -$1.496.
              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 for its next earnings report is not yet available.
                How many shares outstanding does RingCentral have?
                RingCentral has 91,510,000 shares outstanding.
                  What happened to RingCentral’s price movement after its last earnings report?
                  RingCentral reported an EPS of -$1.217 in its last earnings report, missing expectations of $0.279. Following the earnings report the stock price went down -3.961%.
                    Which hedge fund is a major shareholder of RingCentral?
                    Among the largest hedge funds holding RingCentral’s share is Tiger Global Management LLC. It holds RingCentral’s shares valued at 1B.

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