Ringcentral Stock Buy Hold or Sell Recommendation
| RNG Stock | USD 27.00 0.68 2.58% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Ringcentral is 'Hold'. Macroaxis provides Ringcentral buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RNG positions.
Check out Ringcentral Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide. Note, we conduct extensive research on individual companies such as Ringcentral and provide practical buy, sell, or hold advice based on investors' constraints. Ringcentral. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Ringcentral |
Execute Ringcentral Buy or Sell Advice
The Ringcentral recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ringcentral. Macroaxis does not own or have any residual interests in Ringcentral or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ringcentral's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Ringcentral Trading Alerts and Improvement Suggestions
| Ringcentral generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 2.4 B. Reported Net Loss for the year was (58.29 M) with profit before taxes, overhead, and interest of 1.69 B. | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Jupiter Asset Management Ltd. Boosts Stake in RingCentral, Inc. |
Ringcentral Returns Distribution Density
The distribution of Ringcentral's historical returns is an attempt to chart the uncertainty of Ringcentral's future price movements. The chart of the probability distribution of Ringcentral daily returns describes the distribution of returns around its average expected value. We use Ringcentral price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ringcentral returns is essential to provide solid investment advice for Ringcentral.
| Mean Return | -0.55 | Value At Risk | -5.56 | Potential Upside | 2.99 | Standard Deviation | 2.43 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ringcentral historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Ringcentral Stock Institutional Investors
| Shares | Aqr Capital Management Llc | 2024-12-31 | 1.6 M | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 1.5 M | Arrowstreet Capital Limited Partnership | 2024-12-31 | 1.4 M | Geode Capital Management, Llc | 2024-12-31 | 1.3 M | Jupiter Asset Management Limited | 2024-12-31 | 1.1 M | Macquarie Group Ltd | 2024-12-31 | 929.3 K | Charles Schwab Investment Management Inc | 2024-12-31 | 832.2 K | Qube Research & Technologies | 2024-12-31 | 802.3 K | Two Sigma Investments Llc | 2024-12-31 | 796.6 K | Vanguard Group Inc | 2024-12-31 | 11.7 M | Capital World Investors | 2024-12-31 | 10.7 M |
Ringcentral Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 25.7M | 40.5M | 65.0M | 28.2M | 32.4M | 16.7M | |
| Change In Cash | 296.2M | (372.7M) | 2.8M | (47.8M) | 20.6M | 12.7M | |
| Free Cash Flow | (142.9M) | (232.8M) | 100.9M | 323.9M | 458.3M | 481.2M | |
| Depreciation | 75.6M | 125.3M | 246.6M | 233.9M | 222.6M | 233.7M | |
| Other Non Cash Items | 12.7M | 128.9M | 662.1M | 119.6M | (20.1M) | (19.1M) | |
| Capital Expenditures | 107.7M | 384.9M | 90.4M | 75.7M | 25.0M | 23.7M | |
| Net Income | (83.0M) | (376.3M) | (879.2M) | (165.2M) | (58.3M) | (61.2M) | |
| End Period Cash Flow | 639.9M | 267.2M | 270.0M | 222.2M | 242.8M | 243.7M | |
| Change Receivables | (37.2M) | (52.0M) | (64.9M) | (87.8M) | (79.1M) | (75.1M) | |
| Net Borrowings | (943K) | 540.9M | (337.8M) | (4.8M) | (5.5M) | (5.3M) | |
| Dividends Paid | 14.7M | 36.7M | 21.5M | 1.1B | 1.3B | 1.4B | |
| Change To Netincome | 100.5M | 206.4M | 391.1M | 705.1M | 810.8M | 851.4M | |
| Investments | (107.7M) | (11.9M) | (87.2M) | (93.4M) | (109.4M) | (103.9M) |
Ringcentral Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ringcentral or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ringcentral's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ringcentral stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.4 | |
β | Beta against Dow Jones | 1.12 | |
σ | Overall volatility | 2.25 | |
Ir | Information ratio | -0.17 |
Ringcentral Volatility Alert
Ringcentral exhibits very low volatility with skewness of -0.28 and kurtosis of 1.3. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ringcentral's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ringcentral's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Ringcentral Implied Volatility
Ringcentral's implied volatility exposes the market's sentiment of Ringcentral stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ringcentral's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ringcentral stock will not fluctuate a lot when Ringcentral's options are near their expiration.
Ringcentral Fundamentals Vs Peers
Comparing Ringcentral's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ringcentral's direct or indirect competition across all of the common fundamentals between Ringcentral and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ringcentral or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ringcentral's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ringcentral by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ringcentral to competition |
| Fundamentals | Ringcentral | Peer Average |
| Return On Equity | -6.89 | -0.31 |
| Return On Asset | 0.0047 | -0.14 |
| Profit Margin | (0.02) % | (1.27) % |
| Operating Margin | 0.02 % | (5.51) % |
| Current Valuation | 3.78 B | 16.62 B |
| Shares Outstanding | 80.92 M | 571.82 M |
| Shares Owned By Insiders | 1.13 % | 10.09 % |
| Shares Owned By Institutions | 98.87 % | 39.21 % |
| Number Of Shares Shorted | 5.6 M | 4.71 M |
| Price To Earning | (107.63) X | 28.72 X |
| Price To Book | 102.83 X | 9.51 X |
| Price To Sales | 0.99 X | 11.42 X |
| Revenue | 2.4 B | 9.43 B |
| Gross Profit | 1.69 B | 27.38 B |
| EBITDA | 240.38 M | 3.9 B |
| Net Income | (58.29 M) | 570.98 M |
| Cash And Equivalents | 269.98 M | 2.7 B |
| Cash Per Share | 3.21 X | 5.01 X |
| Total Debt | 210.99 M | 5.32 B |
| Current Ratio | 1.19 X | 2.16 X |
| Book Value Per Share | (6.07) X | 1.93 K |
| Cash Flow From Operations | 483.28 M | 971.22 M |
| Short Ratio | 3.84 X | 4.00 X |
| Earnings Per Share | (0.63) X | 3.12 X |
| Price To Earnings To Growth | 0.25 X | 4.89 X |
| Target Price | 38.42 | |
| Number Of Employees | 4.26 K | 18.84 K |
| Beta | 1.21 | -0.15 |
| Market Capitalization | 2.39 B | 19.03 B |
| Total Asset | 1.78 B | 29.47 B |
| Retained Earnings | (1.76 B) | 9.33 B |
| Working Capital | 122.32 M | 1.48 B |
| Current Asset | 171.05 M | 9.34 B |
Note: Disposition of 1985 shares by Vaibhav Agarwal of Ringcentral at 31.401 subject to Rule 16b-3 [view details]
Ringcentral Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ringcentral . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 31900.47 | |||
| Daily Balance Of Power | 1.214286 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 26.85 | |||
| Day Typical Price | 26.9 | |||
| Price Action Indicator | 0.49 | |||
| Period Momentum Indicator | 0.68 |
About Ringcentral Buy or Sell Advice
When is the right time to buy or sell Ringcentral? Buying financial instruments such as Ringcentral Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Ringcentral Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ringcentral. If investors know Ringcentral will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ringcentral listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.63) | Revenue Per Share | Quarterly Revenue Growth 0.076 | Return On Assets | Return On Equity |
The market value of Ringcentral is measured differently than its book value, which is the value of Ringcentral that is recorded on the company's balance sheet. Investors also form their own opinion of Ringcentral's value that differs from its market value or its book value, called intrinsic value, which is Ringcentral's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ringcentral's market value can be influenced by many factors that don't directly affect Ringcentral's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ringcentral's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ringcentral is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ringcentral's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.