Ringcentral Stock Analysis
RNG Stock | USD 37.76 0.13 0.35% |
Ringcentral is fairly valued with Real Value of 39.2 and Target Price of 44.68. The main objective of Ringcentral stock analysis is to determine its intrinsic value, which is an estimate of what Ringcentral is worth, separate from its market price. There are two main types of Ringcentral's stock analysis: fundamental analysis and technical analysis.
The Ringcentral stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ringcentral's ongoing operational relationships across important fundamental and technical indicators.
Ringcentral |
Ringcentral Stock Analysis Notes
About 98.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.35. Ringcentral recorded a loss per share of 1.05. The entity had not issued any dividends in recent years. RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company was incorporated in 1999 and is headquartered in Belmont, California. Ringcentral operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 19 people. To find out more about Ringcentral contact Vladimir Shmunis at 650 472 4100 or learn more at https://www.ringcentral.com.Ringcentral Quarterly Total Revenue |
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Ringcentral Investment Alerts
The company reported the last year's revenue of 2.2 B. Reported Net Loss for the year was (165.24 M) with profit before taxes, overhead, and interest of 1.35 B. | |
Over 98.0% of the company shares are owned by institutional investors | |
Latest headline from zacks.com: Why RingCentral is a Top Growth Stock for the Long-Term |
Ringcentral Upcoming and Recent Events
21st of February 2024 Upcoming Quarterly Report | View | |
14th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
21st of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Ringcentral Largest EPS Surprises
Earnings surprises can significantly impact Ringcentral's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2016-02-04 | 2015-12-31 | 0.0016 | 0.01 | 0.0084 | 525 | ||
2018-02-12 | 2017-12-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2017-08-02 | 2017-06-30 | 0.03 | 0.04 | 0.01 | 33 |
Ringcentral Environmental, Social, and Governance (ESG) Scores
Ringcentral's ESG score is a quantitative measure that evaluates Ringcentral's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Ringcentral's operations that may have significant financial implications and affect Ringcentral's stock price as well as guide investors towards more socially responsible investments.
Ringcentral Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | First Trust Advisors L.p. | 2024-09-30 | 1.5 M | Fmr Inc | 2024-09-30 | 1.4 M | Aqr Capital Management Llc | 2024-09-30 | 1.3 M | Geode Capital Management, Llc | 2024-09-30 | 1.3 M | Norges Bank | 2024-06-30 | 1 M | Jupiter Asset Management Limited | 2024-09-30 | 1 M | Maple Rock Capital Partners, Inc. | 2024-09-30 | 996 K | Charles Schwab Investment Management Inc | 2024-09-30 | 822.1 K | No Street Gp Lp | 2024-09-30 | 600 K | Vanguard Group Inc | 2024-09-30 | 11.7 M | Capital World Investors | 2024-09-30 | 10.1 M |
Ringcentral Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 3.41 B.Ringcentral Profitablity
The company has Net Profit Margin of (0.04) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.01 %, which entails that for every 100 dollars of revenue, it generated $0.01 of operating income.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.11) | (0.12) | |
Return On Capital Employed | (0.15) | (0.16) | |
Return On Assets | (0.08) | (0.09) | |
Return On Equity | 0.33 | 0.35 |
Management Efficiency
Ringcentral has Return on Asset of (0.0114) % which means that on every $100 spent on assets, it lost $0.0114. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (6.8933) %, meaning that it generated no profit with money invested by stockholders. Ringcentral's management efficiency ratios could be used to measure how well Ringcentral manages its routine affairs as well as how well it operates its assets and liabilities. The Ringcentral's current Return On Equity is estimated to increase to 0.35, while Return On Tangible Assets are projected to decrease to (0.12). At this time, Ringcentral's Intangible Assets are most likely to increase significantly in the upcoming years. The Ringcentral's current Intangibles To Total Assets is estimated to increase to 0.25, while Non Current Assets Total are projected to decrease to roughly 582.7 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | (5.30) | (5.03) | |
Tangible Book Value Per Share | (10.15) | (9.65) | |
Enterprise Value Over EBITDA | 34.37 | 32.65 | |
Price Book Value Ratio | (6.41) | (6.09) | |
Enterprise Value Multiple | 34.37 | 32.65 | |
Price Fair Value | (6.41) | (6.09) | |
Enterprise Value | 12.7 B | 13.3 B |
Leadership effectiveness at Ringcentral is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin 0.0134 | Profit Margin (0.04) | Beta 0.992 | Return On Assets (0.01) | Return On Equity (6.89) |
Technical Drivers
As of the 3rd of December, Ringcentral holds the Semi Deviation of 2.56, risk adjusted performance of 0.0658, and Coefficient Of Variation of 1299.75. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ringcentral, as well as the relationship between them. Please check Ringcentral variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Ringcentral is priced some-what accurately, providing market reflects its current price of 37.76 per share. Given that Ringcentral has jensen alpha of 0.0681, we recommend you to check out Ringcentral's recent market performance to make sure the company can sustain itself at a future point.Ringcentral Price Movement Analysis
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ringcentral middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ringcentral. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Ringcentral Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ringcentral insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ringcentral's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ringcentral insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ringcentral Outstanding Bonds
Ringcentral issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ringcentral uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ringcentral bonds can be classified according to their maturity, which is the date when Ringcentral has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Ringcentral Predictive Daily Indicators
Ringcentral intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ringcentral stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ringcentral Corporate Filings
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 21st of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 18th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 15th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 8th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Ringcentral Forecast Models
Ringcentral's time-series forecasting models are one of many Ringcentral's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ringcentral's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Ringcentral Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Ringcentral prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ringcentral shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Ringcentral. By using and applying Ringcentral Stock analysis, traders can create a robust methodology for identifying Ringcentral entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.07) | (0.07) | |
Operating Profit Margin | (0.09) | (0.09) | |
Net Loss | (0.08) | (0.08) | |
Gross Profit Margin | 0.70 | 0.54 |
Current Ringcentral Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ringcentral analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ringcentral analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
44.68 | Buy | 20 | Odds |
Most Ringcentral analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ringcentral stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ringcentral, talking to its executives and customers, or listening to Ringcentral conference calls.
Ringcentral Stock Analysis Indicators
Ringcentral stock analysis indicators help investors evaluate how Ringcentral stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ringcentral shares will generate the highest return on investment. By understating and applying Ringcentral stock analysis, traders can identify Ringcentral position entry and exit signals to maximize returns.
Begin Period Cash Flow | 270 M | |
Long Term Debt | 1.5 B | |
Common Stock Shares Outstanding | 94.9 M | |
Total Stockholder Equity | -502.6 M | |
Tax Provision | 8.5 M | |
Property Plant And Equipment Net | 227.4 M | |
Cash And Short Term Investments | 222.2 M | |
Cash | 222.2 M | |
Accounts Payable | 53.3 M | |
Net Debt | 1.4 B | |
50 Day M A | 34.1232 | |
Total Current Liabilities | 632.5 M | |
Other Operating Expenses | 2.4 B | |
Non Current Assets Total | 1.1 B | |
Forward Price Earnings | 8.7489 | |
Non Currrent Assets Other | 407.7 M | |
Stock Based Compensation | 426.7 M |
Complementary Tools for Ringcentral Stock analysis
When running Ringcentral's price analysis, check to measure Ringcentral's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ringcentral is operating at the current time. Most of Ringcentral's value examination focuses on studying past and present price action to predict the probability of Ringcentral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ringcentral's price. Additionally, you may evaluate how the addition of Ringcentral to your portfolios can decrease your overall portfolio volatility.
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