RNG - RingCentral, Inc trade ideas

Fundamentals:
Basic Info:
  • Market Cap: 22.13B
  • Exchange: NYSE
  • Shares Float: 75,794,000
  • Shares Outstanding: 81,408,000
  • Number of Employees: 3,140
  • Book value per share: 1.01
Advanced Info:
  • ROE ttm: -42.30 %
  • ROA ttm: -5.52 %
  • Beta: 0.714
  • EPS: -1.484
  • Debt Ratio ttm: 0.95
  • Debt / Equity Ratio ttm: 20.33
  • Payout Ratio ttm:
Cash Ratios:
  • Cash Ratio ttm: 0.73
  • Current Ratio ttm: 1.45
  • Quick Ratio ttm: 1.17
Key Ratios:
  • P/E trailing 12 month: -165.25
  • P/E forward: 137.33
  • P/E trailing 12m high: -141.8
  • P/E trailing 12m low: -306.79
  • P/S trailing 12 month: 16.16
  • EV/S trailing 12 month: 16.11
  • P/B trailing 12 month: 227.56
  • PEG ratio: 3.56
  • Free Cash Flow Yield (FCF/EV): -0.59%
Shorts:
  • Shares Short: 7,480,300
  • Shares Short Prev Month: 6,157,200
  • Days to Cover: 5.65
  • Short Percent Float: 10.70 %
  • Short Percent Outstanding: 8.00 %
Ownership:
  • Percent Insiders: 1.20 %
  • Percent Institutions: 98.64 %
Margins:
  • Gross Profit Margin ttm: 73.00 %
  • EBITDA Margin ttm: 1.00 %
  • Operating Margin ttm: -12.70 %
  • Net Income Margin ttm: -10.00 %
Target Prices:
  • Target Price High: 500 USD
  • Target Price Low: 300 USD
  • Target Price Mean: 408.65 USD
  • Number of Analysts: 23
Key Prices:
  • 52 Week High: 449
  • 52 Week Low: 207.53
  • 50 Day Moving Average: 227.74
  • 200 Day Moving Average: 264.53
Dividends:
  • Trailing Dividend yield:
  • Forward Dividend yield:
  • Payout Ratio:
  • Ex-Dividend date: None
Current Quarter Estimates:
  • Current Quarter EPS estimate: 0.33 ~ 0.34 (2021-09-30)
  • Current Quarter revenue estimate: 390.60M ~ 399.52M
  • Median revenue growth YoY estimate: 30.11%
As of: 2021-10-24
Next Quarter Estimates:
  • Login to see the next quarter estimates
  • Login
Latest News:
Investing in Zoom Stock (ZM)Investopedia2021-10-26 13:02:18 EDT
Expert Ratings For RingCentralBenzinga2021-10-21 16:52:00 EDT
Chase Coleman Reinforces RingCentral BetForbes2021-10-18 21:20:25 EDT
VoIP Services MarketYahoo Finance2021-10-18 07:54:00 EDT
RingCentral, Inc. SC 13G Oct. 14, 2021 4:34 PMSeeking Alpha2021-10-14 21:08:42 EDT
Tiger Global reports 6% passive stake in RingCentralSeeking Alpha2021-10-14 21:08:00 EDT
How To Set Up Your VoIP System In 4 Simple StepsNasdaq2021-10-14 14:00:59 EDT
Top Reasons Driving the Global Market of Task ManagementGlobeNewswire2021-10-14 06:49:46 EDT
RingCentral (RNG) Surges 5.1%: Is This an Indication of Further Gains?Zacks Investment Research2021-10-04 12:35:32 EDT
RingCentral - Stock Cut In Half Making It A Screaming BuySeeking Alpha2021-10-04 00:52:36 EDT
RingCentral Is Undervalued More Than 90%Seeking Alpha2021-09-23 15:39:30 EDT
3 Stocks to Buy Into the Fall SeasonInvestorPlace2021-08-30 11:34:34 EDT
RingCentral Is A Buy, And Short Sellers Don't Get ItSeeking Alpha2021-08-26 11:44:12 EDT
RingCentral: Q2 Earnings InsightsBenzinga2021-08-03 17:02:05 EDT
Why RingCentral Shares Have Fallen 34% So Far in 2021The Motley Fool2021-07-19 14:22:01 EDT
RingCentral Announces Partnership With Deutsche TelekomBusiness Wire2021-06-01 03:02:00 EDT
RingCentral (RNG) Expands Long-Term Partnership With NICEZacks Investment Research2021-05-27 11:17:08 EDT
RingCentral: Steady Growth, But Mind The LossesSeeking Alpha2021-05-23 09:21:59 EDT
RingCentral: Why It Is Not Yet A Buy On The DipSeeking Alpha2021-05-19 08:06:25 EDT
Jim Cramer: Cloud stocks that pass the 'Rule of 40' strategyCNBC Television2021-05-17 19:32:25 EDT
RingCentral Inc (A) OutperformBusiness Insider2021-02-17 08:51:00 EDT
RingCentral Announces Fourth Quarter 2020 ResultsMarketWatch2021-02-17 00:54:00 EDT
Barron'sBarron's2021-02-16 14:06:00 EDT
Earnings Preview for RingCentralBenzinga.com2021-02-15 07:32:00 EDT
Click to expand the area.
Income Statements:
RNG - RingCentral, Inc Income Statement
Unit: (milllion USD)2018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q2
Qtr Revenue173.82188.62201.49215.15233.35252.87267.51277.99303.62334.54352.36379.27
Rev Growth yoy33.95 %34.22 %34.02 %33.77 %34.25 %34.06 %32.77 %29.20 %30.11 %32.30 %31.72 %36.44 %
Cost of Revenue39.2744.1250.8453.6359.7066.8773.4476.6482.3191.2196.98104.92
Gross Profit134.55144.51150.65161.52173.65185.99194.07201.35221.31243.32255.38274.35
Gross Profit Mgn77.41 %76.61 %74.77 %75.07 %74.41 %73.55 %72.55 %72.43 %72.89 %72.73 %72.48 %72.34 %
Research and Development26.3527.2329.7932.6335.2938.6640.9143.5248.4856.5762.6876.16
Selling & Marketing Expense86.2891.8999.55103.59109.88126.08131.31137.63152.99161.84179.25203.40
General & Administrative Expense28.9528.7928.7832.4839.1441.6347.3449.5349.5153.6555.4668.17
Interest Expense4.924.945.035.095.165.237.5012.6012.6816.5016.2815.94
Operating Expense141.58147.91158.12168.70184.31206.36219.56230.68250.98272.07297.39347.73
Operating Income-7.03-3.40-7.46-7.18-10.66-20.37-25.49-29.34-29.67-28.74-42.01-73.38
Operating Mgn-4.04 %-1.8 %-3.7 %-3.34 %-4.57 %-8.06 %-9.53 %-10.55 %-9.77 %-8.59 %-11.92 %-19.35 %
Net Income-9.52-5.68-6.36-9.24-12.75-25.26-60.720.51-20.96-1.83-0.19-110.96
Net Income Mgn-5.48 %-3.01 %-3.16 %-4.3 %-5.46 %-9.99 %-22.7 %0.18 %-6.9 %-0.55 %-0.05 %-29.25 %
Crafted by @tradeideashq with 💡
Cashflow Statements:
RNG - RingCentral, Inc Cashflow Statement
Unit: (million)2018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q2
Operating Cashflows20.2323.0320.2024.0526.76-6.1613.0727.04-72.82-2.4836.9524.52
Financing Cashflows-0.575.270.736.79-1.122.64420.302.7873.28-58.77-186.50-145.74
Investing Cashflows-8.75-39.01-38.27-12.19-10.23-236.08-14.25-18.35-29.44-45.65-26.84-16.77
Total Capital Expenditures8.7524.2710.4012.1910.23119.0314.2518.3529.4487.5526.847.15
Changes In Cash-4.72-3.40-17.35-2.74-5.50-20.37419.129.87-10.46-28.74-176.38-80.87
Free Cash flow11.4810.459.7911.8616.53-106.69-1.188.69-102.25-48.1310.127.74
Crafted by @tradeideashq with love 💡
Balance Sheets:
RNG - RingCentral, Inc Balance Sheet
Unit: (milllion)2018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q2
Total Assets841.84894.33965.701012.201059.481450.751871.921964.642116.312184.602069.711968.66
Intangible Assets17.7650.7286.0184.1380.58182.62173.35165.38158.12175.63171.34160.65
Goodwill9.3931.2455.3755.6154.7455.2854.8355.2956.2257.3156.3056.56
Current Assets702.16707.51704.37735.11765.04535.54971.581002.02992.60926.13743.70648.11
Current Cash577.28566.33549.03567.67582.66343.61762.06773.76745.56639.85463.07325.30
Account Receivables84.64108.52113.08118.53132.01147.59154.04163.14179.02208.51202.21234.49
Inventory0.170.200.250.300.320.400.440.950.670.550.550.81
Total Liabilities542.40576.72634.48656.63689.99705.051381.501416.311816.641872.351852.521876.37
Account Payables6.0210.1419.3721.1622.4434.6135.3136.4838.0054.0444.7256.12
Short Term Debt0.940.0011.940.000.000.000.0044.4214.1631.1553.7317.08
Long Term Debt263.27273.10283.07293.17303.40317.221041.991052.891409.051406.471387.841366.51
Current Ratio4.073.553.082.992.851.913.162.702.692.111.671.45
Debt Ratio0.310.310.310.290.290.220.560.560.670.660.700.70
Debt/Equity Ratio0.880.860.890.820.820.432.122.034.784.666.7714.99
Crafted by @tradeideashq with 💡
Latest Posts:
Not available at this time..
RingCentral, Inc
(NYSE:RNG)
RingCentral, Inc

RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. 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-...
Founded: Feb 1999
Sector: Technology
Industry: Software-Application
Full Time Employees: 3,140
Next Earnings Date: 2021-11-09
Keywords: RingCentral
50K Followers
1478 Followers
Avg: 
 511 review, 166 jobs
Stock Price:
RNG - RingCentral, Inc Stock Price
Basic Info:
  • Market Cap: 22.13B
  • Exchange: NYSE
  • Shares Float: 75,794,000
  • Shares Outstanding: 81,408,000
  • Number of Employees: 3,140
  • Book value per share: 1.01
Advanced Info:
  • ROE ttm: -42.30 %
  • ROA ttm: -5.52 %
  • Beta: 0.714
  • EPS: -1.484
  • Debt Ratio ttm: 0.95
  • Debt / Equity Ratio ttm: 20.33
  • Payout Ratio ttm:
Cash Ratios:
  • Cash Ratio ttm: 0.73
  • Current Ratio ttm: 1.45
  • Quick Ratio ttm: 1.17
Key Ratios:
  • P/E trailing 12 month: -165.25
  • P/E forward: 137.33
  • P/E trailing 12m high: -141.8
  • P/E trailing 12m low: -306.79
  • P/S trailing 12 month: 16.16
  • EV/S trailing 12 month: 16.11
  • P/B trailing 12 month: 227.56
  • PEG ratio: 3.56
  • Free Cash Flow Yield (FCF/EV): -0.59%
Shorts:
  • Shares Short: 7,480,300
  • Shares Short Prev Month: 6,157,200
  • Days to Cover: 5.65
  • Short Percent Float: 10.70 %
  • Short Percent Outstanding: 8.00 %
Ownership:
  • Percent Insiders: 1.20 %
  • Percent Institutions: 98.64 %
Margins:
  • Gross Profit Margin ttm: 73.00 %
  • EBITDA Margin ttm: 1.00 %
  • Operating Margin ttm: -12.70 %
  • Net Income Margin ttm: -10.00 %
Target Prices:
  • Target Price High: 500 USD
  • Target Price Low: 300 USD
  • Target Price Mean: 408.65 USD
  • Number of Analysts: 23
Key Prices:
  • 52 Week High: 449
  • 52 Week Low: 207.53
  • 50 Day Moving Average: 227.74
  • 200 Day Moving Average: 264.53
Dividends:
  • Trailing Dividend yield:
  • Forward Dividend yield:
  • Payout Ratio:
  • Ex-Dividend date: None
Current Quarter Estimates:
  • Current Quarter EPS estimate: 0.33 ~ 0.34 (2021-09-30)
  • Current Quarter revenue estimate: 390.60M ~ 399.52M
  • Median revenue growth YoY estimate: 30.11%
As of: 2021-10-24
Next Quarter Estimates:
  • Login to see the next quarter estimates
  • Login
Click to expand the area.
Analyst Consensus:
RNG - RingCentral, Inc Analyst Opinions
Target high: 500 USD
Target low: 300 USD
Average: 408.65 USD based on 23 analysts as of 2021-10-02

Crafted by @tradeideashq with ❤️
Analyst Trends:
RNG - RingCentral, Inc Analyst Trends
Target high: 500 USD
Target low: 300 USD
Average: 408.65 USD based on 23 analysts as of 2021-10-02
Crafted by @tradeideashq with 💡
Website Ranking Analysis:
RNG - RingCentral, Inc Website Ranking Analysis
Crafted by @tradeideashq with 💡
Google Trends Analysis:
RNG - RingCentral, Inc Google Trends Analysis
Keyword: RingCentral
Crafted by @tradeideashq with ❤️
Employees Analysis:
RNG - RingCentral, Inc Employees Analysis
Generated by @tradeideashq with 💡
Institution & Insiders Analysis:
RNG - RingCentral, Inc Ownership Analysis
Crafted by @tradeideashq with 💡
Debt & Cash Analysis:
RNG - RingCentral, Inc Cash Analysis (unit: milllion)
Crafted by @tradeideashq with 💡
Short Analysis:
RNG - RingCentral, Inc  Short Analysis
Crafted by @tradeideashq with 💡
Margins and Revenue:
RNG - RingCentral, Inc Revenue and Margins Analysis
Generated by @earningsfly with ❤️
Income Statement Analysis:
RNG - RingCentral, Inc Income Statement
Unit: (milllion USD)2020Q32020Q42021Q12021Q2
Qtr Revenue303.62334.54352.36379.27
Rev Growth yoy30.11 %32.30 %31.72 %36.44 %
Cost of Revenue82.3191.2196.98104.92
Gross Profit221.31243.32255.38274.35
Gross Profit Mgn72.89 %72.73 %72.48 %72.34 %
Research and Development48.4856.5762.6876.16
Selling & Marketing Expense152.99161.84179.25203.40
General & Administrative Expense49.5153.6555.4668.17
Interest Expense12.6816.5016.2815.94
Operating Expense250.98272.07297.39347.73
Operating Income-29.67-28.74-42.01-73.38
Operating Mgn-9.77 %-8.59 %-11.92 %-19.35 %
Net Income-20.96-1.83-0.19-110.96
Net Income Mgn-6.9 %-0.55 %-0.05 %-29.25 %
Crafted by @tradeideashq with 💡
Earnings Estimate Analysis:
RNG - RingCentral, Inc EPS Estimates
Current Qtr Estimate (dashed line): 0.33
Generated by @earningsfly with ❤️
Cashflow Analysis:
RNG - RingCentral, Inc Cashflow Statement
Unit: (million)2020Q32020Q42021Q12021Q2
Operating Cashflows-72.82-2.4836.9524.52
Financing Cashflows73.28-58.77-186.50-145.74
Investing Cashflows-29.44-45.65-26.84-16.77
Total Capital Expenditures29.4487.5526.847.15
Changes In Cash-10.46-28.74-176.38-80.87
Free Cash flow-102.25-48.1310.127.74
Crafted by @tradeideashq with love 💡
Not available at this time..