RNG

RingCentral, Inc. [RNG] Stock Forecast

Q: What is RingCentral, Inc. stock symbol ?

RingCentral, Inc. is a US stock, located in Belmont of Ca and trading under the symbol RNG

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RNG Stock Summary

Earnings have grown 10.77% per last year.

RNG has more than 4 years of cash runway (56 months)

Earnings are expected to fall -100% next year

EPS has been decreasing for the past 3 quarters (Quarter statements)

Profit margins (-0.19%) are lower than the previous year (-0.08%)

An RSI reading of 30 or below indicates an oversold or undervalued condition.

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RNG Financial details

Company Rating

Sell

Market Cap

2.9B

Income

-165.24M

Revenue

2.2B

Book val./share

-5.35

Cash/share

2.36

Dividend

Dividend %

Employees

4.08K

Optionable

Shortable

Yes

Earnings

07 May 2024

P/E

-7.69

Forward P/E

PEG

0.95

P/S

1.42

P/B

-6.38

P/C

12.39

P/FCF

12.43

Quick Ratio

1.29

Current Ratio

1.74

Debt / Equity

-3.51

LT Debt / Equity

-3.43

EPS (TTM)

-1.75

EPS next Y

EPS next Q

EPS this Y

-81.15%

EPS next Y

EPS next 5Y

EPS last 5Y

22.14%

Revenue last 5Y

19.52%

Revenue Q/Q

2.35%

EPS Q/Q

11.11%

SMA20

-12.15%

SMA50

-7.96%

SMA100

8.68%

Inst Own

81.98%

Inst Trans

0.99%

ROA

-18%

ROE

84%

ROC

-0.14%

Gross Margin

70%

Oper. Margin

-10%

Profit Margin

-19%

Payout

Shs Outstand

Shs Float

Target Price

52W Range

25.08-43.28

52W High

-31.98%

52W Low

+17%

RSI

28.72

Rel Volume

0.88

Avg Volume

1.2M

Volume

1.05M

Perf Week

-13.44%

Perf Month

-9.41%

Perf Quarter

11.94%

Perf Half Y

-3.97%

Beta

0.913

Volatility

1.14%, 2.02%

Prev Close

-1.61%

Price

29.25

Change

-3.27%

RNG Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	10.86	13.35	17.38	20.88	23.2
Net income per share	-0.64	-0.94	-4.1	-9.23	-1.74
Operating cash flow per share	0.78	-0.4	1.66	2.01	4.43
Free cash flow per share	-0.82	-1.61	-2.54	1.06	3.63
Cash per share	4.13	7.21	2.91	2.83	2.34
Book value per share	8.97	3.52	5.87	-5.07	-5.3
Tangible book value per share	6.77	1.54	-2.55	-11.18	-10.15
Share holders equity per share	8.97	3.52	5.87	-5.07	-5.3
Interest debt per share	5.42	16.85	16.5	17.65	18.94
Market cap	14.02B	33.61B	17.19B	3.37B	3.22B
Enterprise value	14.09B	34.41B	18.35B	4.78B	4.79B
P/E ratio	-261.56	-404.94	-45.68	-3.83	-19.5
Price to sales ratio	15.53	28.39	10.78	1.7	1.46
POCF ratio	216.23	-955.03	112.96	17.62	7.66
PFCF ratio	-204.67	-235.23	-73.83	33.42	9.35
P/B Ratio	18.8	107.63	31.92	-6.98	-6.41
PTB ratio	18.8	107.63	31.92	-6.98	-6.41
EV to sales	15.61	29.07	11.51	2.4	2.17
Enterprise value over EBITDA	9.77K	803.48	-99.7	-14.09	63.05
EV to operating cash flow	217.34	-977.92	120.61	24.97	11.39
EV to free cash flow	-205.72	-240.86	-78.82	47.36	13.89
Earnings yield	0	0	-0.02	-0.26	-0.05
Free cash flow yield	0	0	-0.01	0.03	0.11
Debt to equity	0.58	4.63	2.69	-3.47	-3.51
Debt to assets	0.3	0.66	0.56	0.81	0.91
Net debt to EBITDA	49.79	18.8	-6.32	-4.15	20.64
Current ratio	1.91	2.11	1.24	1.22	1.05
Interest coverage	-1.78	-0.67	-4.69	-76.09	-4.96
Income quality	-1.21	0.42	-0.4	-0.22	-2.54
Dividend Yield	0	0	0	0	0.35
Payout ratio	-0.27	-0.44	-0.06	0	-6.9
Sales general and administrative to revenue	0.16	0.17	0.18	0.15	0.15
Research and developement to revenue	0.15	0.16	0.19	0.18	0.15
Intangibles to total assets	0.13	0.08	0.3	0.28	0.24
Capex to operating cash flow	-2.06	3.06	-2.53	-0.47	-0.18
Capex to revenue	-0.15	-0.09	-0.24	-0.05	-0.03
Capex to depreciation	-3.52	-1.42	-3.07	-0.37	-0.3
Stock based compensation to revenue	0.11	0.16	0.22	0.19	0.19
Graham number	11.41	8.61	23.27	32.45	14.4
ROIC	-0.03	-0.02	-0.15	-0.3	-0.15
Return on tangible assets	-0.04	-0.04	-0.21	-0.59	-0.11
Graham Net	-3.17	-12.41	-17.4	-21.55	-20.56
Working capital	254.83M	488.06M	124.47M	143.46M	31.48M
Tangible asset value	563.08M	136.62M	-233.68M	-1.07B	-963.71M
Net current asset value	-169.51M	-946.22M	-1.39B	-1.76B	-1.78B
Invested capital	0.58	4.63	2.69	-3.47	-3.51
Average receivables	112.18M	153.01M	204.44M	272.08M	337.88M
Average payables	22.38M	44.33M	62.03M	66.37M	58.01M
Average inventory	300K	476K	3.1M	3.43M	1.35M
Days sales outstanding	52.55	54.28	53.29	57.15	60.4
Days payables outstanding	54.68	60.96	57	35.67	29.32
Days of inventory on hand	0.63	0.62	4.6	0.69	0.82
Receivables turnover	6.95	6.72	6.85	6.39	6.04
Payables turnover	6.68	5.99	6.4	10.23	12.45
Inventory turnover	576.17	587.31	79.29	530.79	444.65
ROE	-0.07	-0.27	-0.7	1.82	0.33
Capex per share	-1.6	-1.21	-4.2	-0.95	-0.8

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	5.49	5.58	5.66	5.9	6.08
Net income per share	-2.97	-0.57	-0.23	-0.45	-0.5
Operating cash flow per share	0.41	1.13	0.95	0.92	1.26
Free cash flow per share	0.17	0.91	0.76	0.74	1.05
Cash per share	2.82	2.87	2.36	4.57	2.36
Book value per share	-5.05	-4.93	-4.95	-5.12	-5.35
Tangible book value per share	-11.13	-10.67	-10.32	-10.39	-10.25
Share holders equity per share	-5.05	-4.93	-4.95	-5.12	-5.35
Interest debt per share	17.53	17.53	16.79	19.37	18.56
Market cap	3.39B	2.94B	3.12B	2.8B	3.19B
Enterprise value	4.79B	4.32B	4.49B	4.19B	4.76B
P/E ratio	-2.98	-13.49	-36.31	-16.64	-16.89
Price to sales ratio	6.45	5.5	5.79	5.02	5.59
POCF ratio	86.01	27.05	34.41	32.37	26.89
PFCF ratio	206.56	33.66	42.81	40.06	32.34
P/B Ratio	-7.01	-6.22	-6.61	-5.79	-6.35
PTB ratio	-7.01	-6.22	-6.61	-5.79	-6.35
EV to sales	9.13	8.09	8.33	7.51	8.33
Enterprise value over EBITDA	-47.83	513.17	92.35	164.76	-105.67
EV to operating cash flow	121.73	39.79	49.51	48.39	40.1
EV to free cash flow	292.32	49.52	61.61	59.89	48.22
Earnings yield	-0.08	-0.02	-0.01	-0.02	-0.01
Free cash flow yield	0	0.03	0.02	0.02	0.03
Debt to equity	-3.47	-3.55	-3.38	-3.76	-3.51
Debt to assets	0.81	0.82	0.81	0.83	0.91
Net debt to EBITDA	-14.03	164.34	28.17	54.55	-34.8
Current ratio	1.22	1.44	1.36	1.74	1.05
Interest coverage	-62.95	-22.2	-8.8	-4.45	2.73
Income quality	-0.14	-2	-4.22	-2.06	-2.51
Dividend Yield	0	0	0.01	0	0
Payout ratio	0	0	-1.35	0	-0.02
Sales general and administrative to revenue	0.14	0.15	0.14	0.16	0.16
Research and developement to revenue	0.17	0.16	0.15	0.15	0.15
Intangibles to total assets	0.28	0.27	0.26	0.23	0.24
Capex to operating cash flow	-0.58	-0.2	-0.2	-0.19	-0.17
Capex to revenue	-0.04	-0.04	-0.03	-0.03	-0.03
Capex to depreciation	-0.37	-0.37	-0.31	-0.28	-0.31
Stock based compensation to revenue	0.18	0.18	0.19	0.2	0.2
Graham number	18.36	7.94	5.01	7.16	7.77
ROIC	-0.06	-0.04	-0.06	-0.04	-0.04
Return on tangible assets	-0.19	-0.04	-0.01	-0.03	-0.03
Graham Net	-21.45	-20.96	-20.61	-19.93	-20.75
Working capital	143.46M	259.84M	211.19M	447.01M	31.48M
Tangible asset value	-1.07B	-1.02B	-983.85M	-982.86M	-963.71M
Net current asset value	-1.76B	-1.67B	-1.63B	-1.61B	-1.78B
Invested capital	-3.47	-3.55	-3.38	-3.76	-3.51
Average receivables	288.65M	313.33M	318.76M	335.05M	356.18M
Average payables	75.62M	59.54M	46.55M	40.03M	48.3M
Average inventory	1.23M	1.26M	1.22M	88.66M	88.84M
Days sales outstanding	53.39	53.18	53.77	56.1	57.41
Days payables outstanding	35.15	31.57	20.11	23.07	28.18
Days of inventory on hand	0.68	0.73	0.62	93.85	0.79
Receivables turnover	1.69	1.69	1.67	1.6	1.57
Payables turnover	2.56	2.85	4.48	3.9	3.19
Inventory turnover	132.83	122.84	146.02	0.96	114.09
ROE	0.59	0.12	0.05	0.09	0.09
Capex per share	-0.24	-0.22	-0.19	-0.18	-0.21

RNG Frequently Asked Questions

What is RingCentral, Inc. stock symbol ?

RingCentral, Inc. is a US stock , located in Belmont of Ca and trading under the symbol RNG

What is RingCentral, Inc. stock quote today ?

RingCentral, Inc. stock price is $29.25 today.

Is RingCentral, Inc. stock public?

Yes, RingCentral, Inc. is a publicly traded company.

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Company Profile

Volume Average 1.2M
Market Capitalization 2.9B
Employee 4.08K
CEO Mr. Vladimir G. Shmunis
Headquarters Belmont,CA,US
IPO Date 2013-09-27
Website https://www.ringcentral.com

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.