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RingCentral, Inc.
RNG
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US Flag

NYSE

3B

Software - Application

Next Earning date - 04 Nov 2024

3B

Software - Application

Next Earning date - 04 Nov 2024

30.09USD
Shape-0.89 ( -2.87%)
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Relative Strenght

42
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Volume Buzz

-26%
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Earning Acce

Yes
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Dist 52w H.

22%

Quote Panel

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Updated October 7, 2024
1W -1.96 % 1M 8.55 % 3M 6.51 % 1Y 0.20 %

Key Metrics

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  • Market Cap

    2.76B


  • Shares Outstanding

    91.82M


  • Share in Float

    89.75M


  • Dividende

    0


  • Earning Date

    04 Nov 2024


  • Price Target

    30.09


  • Average Volume

    1.27M


  • Beta

    1.031


  • Range

    25.08-38.35


  • Industry

    Software - Application


  • Website

    https://www.ringcentral.com


  • Sector

    Technology


Fundamentals

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8.80x

P/E Ratio

1.23x

P/S Ratio

-5.44x

P/B Ratio

-3.3

Debt/Equity

-5.7%

Net Margin

$-1.4

EPS

How RNG compares to sector?

P/E Ratio

Relative Strength

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RNG

Sector

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Top 5 RS in Group

Symbol

Company

RS

5-Day Perf.

Forecast

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$3B

Shape336%

2025-Revenue

$0.23

Shape-44%

2025-EPS

$110M

Shape-293%

2025-EBITDA

Analyst rating

No Data Available

Last analyst upgrade/downgrade

Jefferies

downgrade

Previous: Buy

2023-12-12

Now: Hold

Credit Suisse

upgrade

Previous: Not converted

2023-05-11

Now: Outperform

Oppenheimer

downgrade

Previous: Outperform

2023-03-17

Now: Perform

Wolfe Research

downgrade

Previous: Not converted

2022-12-21

Now: Peer Perform

Earnings GrowthShape

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Current

Estimates

Q3.22

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+53%

0.55
vs 0.36

Q4.22

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+54%

0.6
vs 0.39

Q1.23

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+95%

0.76
vs 0.39

Q2.23

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+84%

0.83
vs 0.45

Q3.23

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+42%

0.78
vs 0.55

Q4.23

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+43%

0.86
vs 0.6

Q1.24

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+14%

0.87
vs 0.76

Q2.24

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+10%

0.91
vs 0.83

Q3.24

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+18%

0.92
vs 0.78

Q4.24

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+11%

0.95
vs 0.86

Sales GrowthShape

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Current

Estimates

Q3.22

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+23%

509M  vs 414.6M

Q4.22

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+17%

524.7M  vs 448.5M

Q1.23

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+14%

533.7M  vs 467.7M

Q2.23

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+11%

539.3M  vs 486.9M

Q3.23

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+10%

558.2M  vs 509M

Q4.23

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+9%

571.3M  vs 524.7M

Q1.24

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+9%

584.2M  vs 533.7M

Q2.24

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+10%

592.9M  vs 539.3M

Q3.24

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+8%

602.2M  vs 558.2M

Q4.24

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+8%

615.9M  vs 571.3M

Return on EquityShape

status-upQoQ

Q3.22

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+627%

6.27
vs 4.23

Q4.22

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+59%

0.59
vs 6.27

Q1.23

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+12%

0.12
vs 0.59

Q2.23

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+5%

0.05
vs 0.12

Q3.23

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+9%

0.09
vs 0.05

Q4.23

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+9%

0.09
vs 0.09

Q1.24

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+5%

0.05
vs 0.09

Q2.24

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+3%

0.03
vs 0.05

Institutionnal OwnershipShape

status-upQoQ

Q3.22

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380

380
vs 398

-5%

Q4.22

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363

363
vs 380

-4%

Q1.23

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329

329
vs 363

-9%

Q2.23

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312

312
vs 329

-5%

Q3.23

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283

283
vs 312

-9%

Q4.23

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286

286
vs 283

1%

Q1.24

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282

282
vs 286

-1%

Q2.24

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295

295
vs 282

5%

Earnings Growth

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