RingCentral Company Profile (NYSE:RNG)

About RingCentral

RingCentral logoRingCentral, Inc. is a provider of software-as-a-service (SaaS) solutions for business communications. The Company's cloud-based business communications solutions provide a single user identity across multiple locations and devices, including smartphones, tablets, personal computers (PCs) and desk phones, and allow for communication across multiple channels, including voice, text, team messaging collaboration, high definition (HD) video for Web conferencing and fax. The Company's products include RingCentral Office, RingCentral Professional, RingCentral Fax, RingCentral Contact Center and Glip by RingCentral. RingCentral Office is a multi-user, enterprise-grade communications solution. RingCentral Professional is an inbound call routing subscription with additional text and fax capabilities targeting smaller deployments, and RingCentral Fax is an Internet fax subscription that permits sending and receiving faxes over the Internet.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: RNG
  • CUSIP:
Key Metrics:
  • Previous Close: $22.36
  • 50 Day Moving Average: $22.77
  • 200 Day Moving Average: $19.39
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -89.44
  • P/E Growth: 11.62
  • Market Cap: $1.63B
  • Outstanding Shares: 73,093,000
  • Beta: 0.67
Additional Links:
Companies Related to RingCentral:

Analyst Ratings

Consensus Ratings for RingCentral (NYSE:RNG) (?)
Ratings Breakdown: 2 Hold Ratings, 9 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.92)
Consensus Price Target: $25.54 (14.20% upside)

Analysts' Ratings History for RingCentral (NYSE:RNG)
DateFirmActionRatingPrice TargetDetails
8/25/2016Robert W. BairdInitiated CoverageNeutral$24.00View Rating Details
8/5/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$27.00 -> $29.00View Rating Details
8/4/2016Jefferies GroupBoost Price TargetBuy$27.00 -> $29.00View Rating Details
7/7/2016Craig HallumInitiated CoverageBuy$25.00View Rating Details
6/29/2016Summit RedstoneReiterated RatingBuy$24.00View Rating Details
6/28/2016Summit ResearchInitiated CoverageBuyView Rating Details
5/18/2016StephensInitiated CoverageOverweightView Rating Details
12/17/2015Morgan StanleyDowngradeOverweight -> Equal Weight$25.00View Rating Details
12/9/2015Royal Bank Of CanadaBoost Price TargetOutperform$26.00 -> $27.00View Rating Details
11/3/2015Raymond James Financial Inc.Boost Price TargetStrong-Buy$27.00 -> $28.00View Rating Details
11/3/2015Canaccord GenuityReiterated RatingBuy$23.00 -> $19.35View Rating Details
10/9/2015William BlairReiterated RatingBuyView Rating Details
8/19/2015Northland SecuritiesBoost Price TargetOutperform$25.00 -> $27.00View Rating Details
7/23/2015JPMorgan Chase & Co.Initiated CoverageOverweight$27.00View Rating Details
7/21/2015Bank of America Corp.Boost Price TargetBuy$19.00 -> $22.00View Rating Details
11/11/2014MacquarieInitiated CoverageOutperform$16.00View Rating Details
10/9/2014Goldman Sachs Group Inc.Initiated CoverageBuy -> Neutral$20.00 -> $14.00View Rating Details
(Data available from 8/28/2014 forward)


Earnings History for RingCentral (NYSE:RNG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2016Q216$0.01$0.02$70.70 million$91.80 millionViewN/AView Earnings Details
4/27/2016Q116($0.08)$0.01$81.19 million$83.90 millionViewListenView Earnings Details
2/4/2016Q415$0.01$80.86 million$83.40 millionViewN/AView Earnings Details
11/2/2015Q315($0.04)($0.09)$74.73 million$76.80 millionViewN/AView Earnings Details
7/30/2015Q215($0.08)($0.05)$68.71 million$70.70 millionViewListenView Earnings Details
4/28/2015Q115($0.11)($0.09)$64.15 million$65.30 millionViewN/AView Earnings Details
2/3/2015Q414($0.10)($0.09)$60.20 million$61.90 millionViewN/AView Earnings Details
10/29/2014Q314($0.13)($0.11)$55.70 million$56.90 millionViewN/AView Earnings Details
7/29/2014Q214($0.15)($0.14)$51.10 million$52.80 millionViewN/AView Earnings Details
4/29/2014Q114($0.16)($0.15)$47.05 million$48.26 millionViewN/AView Earnings Details
2/6/2014Q413($0.16)($0.14)$43.13 million$45.30 millionViewN/AView Earnings Details
11/5/2013Q313($0.35)($0.32)$38.89 million$41.90 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for RingCentral (NYSE:RNG)
Current Year EPS Consensus Estimate: $-0.32 EPS
Next Year EPS Consensus Estimate: $-0.25 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.10)($0.10)($0.10)
Q2 20161($0.09)($0.09)($0.09)
Q3 20161($0.10)($0.10)($0.10)
Q4 20161($0.08)($0.08)($0.08)
Q1 20171($0.10)($0.10)($0.10)
Q2 20171($0.09)($0.09)($0.09)
Q3 20171($0.08)($0.08)($0.08)
(Data provided by Zacks Investment Research)


Dividend History for RingCentral (NYSE:RNG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for RingCentral (NYSE:RNG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/24/2016Kira MakagonEVPSell20,000$22.53$450,600.00View SEC Filing  
8/23/2016David SipesCOOSell2,253$22.31$50,264.43View SEC Filing  
8/23/2016Kira MakagonEVPSell3,118$22.30$69,531.40View SEC Filing  
8/23/2016Vladimir ShmunisCEOSell16,472$22.87$376,714.64View SEC Filing  
8/18/2016Vladimir ShmunisCEOSell150,000$22.93$3,439,500.00View SEC Filing  
8/9/2016Vladimir ShmunisCEOSell20,000$23.16$463,200.00View SEC Filing  
8/1/2016Praful ShahSVPSell10,000$23.19$231,900.00View SEC Filing  
7/6/2016John H. MarlowSVPSell2,000$19.36$38,720.00View SEC Filing  
7/5/2016John H. MarlowSVPSell1,000$19.32$19,320.00View SEC Filing  
7/1/2016Praful ShahSVPSell10,000$19.66$196,600.00View SEC Filing  
6/13/2016Kira MakagonEVPSell10,000$20.43$204,300.00View SEC Filing  
6/9/2016David SipesEVPSell15,025$20.78$312,219.50View SEC Filing  
6/9/2016John H MarlowSVPSell2,000$20.68$41,360.00View SEC Filing  
6/1/2016Praful ShahSVPSell10,000$19.80$198,000.00View SEC Filing  
6/1/2016Vladimir ShmunisCEOSell40,000$20.00$800,000.00View SEC Filing  
5/27/2016John H MarlowSVPSell8,000$19.68$157,440.00View SEC Filing  
5/24/2016John H MarlowSVPSell2,255$18.60$41,943.00View SEC Filing  
5/24/2016Kira MakagonEVPSell3,123$18.60$58,087.80View SEC Filing  
5/23/2016Clyde HoseinCFOSell2,409$18.27$44,012.43View SEC Filing  
5/20/2016Vladimir ShmunisCEOSell16,472$18.95$312,144.40View SEC Filing  
5/18/2016Praful ShahSVPSell10,000$19.07$190,700.00View SEC Filing  
5/16/2016Praful ShahSVPSell3,000$19.00$57,000.00View SEC Filing  
2/23/2016David SipesEVPSell1,101$18.50$20,368.50View SEC Filing  
2/22/2016Vladimir ShmunisCEOSell3,956$18.65$73,779.40View SEC Filing  
1/5/2016David SipesEVPSell20,505$22.30$457,261.50View SEC Filing  
1/5/2016John H. MarlowSVPSell2,000$22.23$44,460.00View SEC Filing  
1/4/2016John H. MarlowSVPSell2,000$22.62$45,240.00View SEC Filing  
12/16/2015John H. MarlowSVPSell6,115$24.95$152,569.25View SEC Filing  
12/14/2015Clyde HoseinCFOSell82,682$24.65$2,038,111.30View SEC Filing  
12/10/2015Kira MakagonEVPSell20,000$24.80$496,000.00View SEC Filing  
12/3/2015Clyde HoseinCFOSell25,000$23.42$585,500.00View SEC Filing  
11/25/2015John H. MarlowSVPSell17,885$22.82$408,135.70View SEC Filing  
11/24/2015Clyde HoseinCFOSell25,000$22.57$564,250.00View SEC Filing  
11/24/2015John H. MarlowSVPSell10,000$22.67$226,700.00View SEC Filing  
11/23/2015Clyde HoseinCFOSell1,007$22.50$22,657.50View SEC Filing  
11/23/2015John H MarlowSVPSell1,101$22.50$24,772.50View SEC Filing  
11/23/2015Kira MakagonEVPSell1,087$22.50$24,457.50View SEC Filing  
11/20/2015Praful ShahSVPSell50,000$22.61$1,130,500.00View SEC Filing  
11/18/2015Clyde HoseinCFOSell100,000$22.34$2,234,000.00View SEC Filing  
11/13/2015Praful ShahSVPSell5,000$20.97$104,850.00View SEC Filing  
11/12/2015Vladimir ShmunisCEOSell55,450$21.09$1,169,440.50View SEC Filing  
11/9/2015Vladimir ShmunisCEOSell444,550$20.98$9,326,659.00View SEC Filing  
10/23/2015Praful ShahSVPSell5,000$18.75$93,750.00View SEC Filing  
10/14/2015Praful ShahSVPSell5,000$18.70$93,500.00View SEC Filing  
10/6/2015David SipesEVPSell1,742$19.00$33,098.00View SEC Filing  
9/29/2015Praful ShahSVPSell2,083$17.73$36,931.59View SEC Filing  
9/28/2015Praful ShahSVPSell2,084$18.03$37,574.52View SEC Filing  
9/15/2015Praful ShahSVPSell2,083$18.76$39,077.08View SEC Filing  
9/14/2015Praful ShahSVPSell3,750$18.38$68,925.00View SEC Filing  
9/2/2015Praful ShahSVPSell3,750$17.05$63,937.50View SEC Filing  
8/21/2015John H MarlowSVPSell1,130$19.08$21,560.40View SEC Filing  
8/20/2015Praful ShahSVPSell5,000$20.34$101,700.00View SEC Filing  
8/17/2015Kira MakagonEVPSell20,000$20.00$400,000.00View SEC Filing  
8/17/2015Vladimir ShmunisCEOSell50,000$20.01$1,000,500.00View SEC Filing  
7/10/2015Praful ShahSVPSell3,100$17.38$53,878.00View SEC Filing  
6/26/2015Praful ShahSVPSell5,000$19.28$96,400.00View SEC Filing  
6/24/2015Vinod KhoslaMajor ShareholderSell66,377$19.14$1,270,455.78View SEC Filing  
6/23/2015Vinod KhoslaMajor ShareholderSell264,939$19.20$5,086,828.80View SEC Filing  
6/16/2015Vladimir ShmunisCEOSell25,000$19.00$475,000.00View SEC Filing  
6/12/2015Vinod KhoslaMajor ShareholderSell90,198$18.02$1,625,367.96View SEC Filing  
6/11/2015Vinod KhoslaMajor ShareholderSell201,567$17.93$3,614,096.31View SEC Filing  
6/10/2015Praful ShahSVPSell31,000$17.97$557,070.00View SEC Filing  
6/10/2015Vladimir ShmunisCEOSell50,000$18.00$900,000.00View SEC Filing  
5/28/2015Praful ShahSVPSell3,750$16.95$63,562.50View SEC Filing  
5/13/2015Praful ShahSVPSell3,000$17.01$51,030.00View SEC Filing  
5/7/2015Vladimir ShmunisCEOSell100,000$16.83$1,683,000.00View SEC Filing  
4/24/2015Praful ShahSVPSell3,000$17.13$51,390.00View SEC Filing  
4/15/2015David Mark BermanPresidentSell16,590$17.01$282,195.90View SEC Filing  
4/14/2015Praful ShahSVPSell3,000$16.86$50,580.00View SEC Filing  
4/1/2015Praful ShahSVPSell3,000$15.22$45,660.00View SEC Filing  
3/31/2015Praful ShahSVPSell1,250$15.28$19,100.00View SEC Filing  
3/17/2015Praful ShahSVPSell3,000$15.57$46,710.00View SEC Filing  
3/13/2015Kira MakagonEVPSell11,815$16.00$189,040.00View SEC Filing  
3/13/2015Vinod KhoslaMajor ShareholderSell85,218$15.67$1,335,366.06View SEC Filing  
3/9/2015Vinod KhoslaMajor ShareholderSell47,200$15.43$728,296.00View SEC Filing  
3/4/2015Vinod KhoslaMajor ShareholderSell78,300$15.91$1,245,753.00View SEC Filing  
3/3/2015Praful ShahSVPSell3,750$15.86$59,475.00View SEC Filing  
2/25/2015Vinod KhoslaMajor ShareholderSell32,129$15.44$496,071.76View SEC Filing  
2/18/2015David Mark BermanPresidentSell15,800$15.92$251,536.00View SEC Filing  
2/18/2015Praful ShahSVPSell1,250$15.93$19,912.50View SEC Filing  
2/17/2015Praful ShahSVPSell1,250$15.84$19,800.00View SEC Filing  
2/12/2015David WeidenDirectorSell40,000$16.01$640,400.00View SEC Filing  
2/11/2015David SipesEVPSell50,865$16.05$816,383.25View SEC Filing  
1/23/2015Praful ShahSVPSell3,000$13.87$41,610.00View SEC Filing  
1/6/2015Praful ShahSVPSell6,300$14.32$90,216.00View SEC Filing  
12/17/2014Praful ShahSVPSell3,700$13.82$51,134.00View SEC Filing  
12/2/2014Praful ShahSVPSell1,750$12.22$21,385.00View SEC Filing  
12/1/2014Praful ShahSVPSell1,166$12.27$14,306.82View SEC Filing  
11/18/2014Praful ShahSVPSell1,000$11.69$11,690.00View SEC Filing  
8/4/2014David WeidenDirectorSell40,000$14.02$560,800.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for RingCentral (NYSE:RNG)
benzinga.com logoRingCentral Inc. (NYSE:RNG), Cisco Systems, Inc. (NASDAQ:CSCO ... - Benzinga (NYSE:RNG)
www.benzinga.com - August 26 at 6:52 PM
finance.yahoo.com logoBaird Provides Some Communications Cloud Coverage, Initiates Coverage On 2 Names (NYSE:RNG)
finance.yahoo.com - August 26 at 6:52 PM
News IconTop Technology Stock Picking: Q2 Holdings, Inc. (QTWO), RingCentral, Inc. (RNG) - The Independent Republic (NYSE:RNG)
theindependentrepublic.com - August 26 at 10:04 AM
finance.yahoo.com logoCoverage initiated on RingCentral by Robert W. Baird (NYSE:RNG)
finance.yahoo.com - August 26 at 10:04 AM
publicnow.com logoRingCentral and Okta Partner to Enable the Future of Work with Seamless Mobility, Security and Communication (NYSE:RNG)
www.publicnow.com - August 25 at 12:16 PM
News IconRingCentral Named a Leader in Gartner’s 2016 Magic Quadrant for Unified Communications as a Service Worldwide* Based on Its... (NYSE:RNG)
ih.advfn.com - August 24 at 6:53 PM
fidaily.com logoInsider Trading Activity – Ringcentral, Inc. Class A Commo (NYSE:RNG) (NYSE:RNG)
www.fidaily.com - August 24 at 6:53 PM
publicnow.com logoRingCentral Named a Leader in Gartner’s 2016 Magic Quadrant for Unified Communications as a Service Worldwide* Based on Its Ability to Execute and Completeness of Vision (NYSE:RNG)
www.publicnow.com - August 24 at 10:13 AM
marketnewsvideo.com logoNotable Tuesday Option Activity: TGT, RNG, SWKS (NYSE:RNG)
www.marketnewsvideo.com - August 23 at 7:17 PM
News IconStreet Consensus on Ringcentral, Inc. (NYSE:RNG) - Post News (NYSE:RNG)
www.kentuckypostnews.com - August 21 at 11:05 AM
biz.yahoo.com logoRINGCENTRAL INC Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:RNG)
biz.yahoo.com - August 17 at 10:09 AM
finance.yahoo.com logoRINGCENTRAL INC Financials (NYSE:RNG)
finance.yahoo.com - August 16 at 7:16 PM
News IconIntelisys Now a Premier RingCentral Tech Services Distributor (NYSE:RNG)
www.channelpartnersonline.com - August 16 at 10:29 AM
publicnow.com logoRingCentral Announces Intelisys as Premier Technology Services Distributor to Deliver Cloud Communications Solutions Worldwide (NYSE:RNG)
www.publicnow.com - August 16 at 10:29 AM
capitalcube.com logoETF’s with exposure to RingCentral, Inc. : August 8, 2016 (NYSE:RNG)
www.capitalcube.com - August 8 at 7:23 PM
equities.com logoRingcentral Inc. Class A (RNG) is Trading Higher on Unusual Volume for August 04 - Equities.com (NYSE:RNG)
www.equities.com - August 6 at 9:53 AM
fortune.com logoA Look At Analyst Ratings Summary: RingCentral Inc (NYSE:RNG), Endologix, Inc. (NASDAQ:ELGX) - Review Fortune (NYSE:RNG)
reviewfortune.com - August 5 at 7:24 PM
capitalcube.com logoRingCentral, Inc. :RNG-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:RNG)
www.capitalcube.com - August 5 at 7:24 PM
biz.yahoo.com logoRINGCENTRAL INC Files SEC form 10-Q, Quarterly Report (NYSE:RNG)
biz.yahoo.com - August 5 at 7:24 PM
equities.com logoRingcentral Inc. Class A (RNG) is Trading Higher on Unusual Volume for August 03 - Equities.com (NYSE:RNG)
www.equities.com - August 5 at 10:10 AM
stockhouse.com logoRingCentral Shows Positive Trends, Trajectory Looks Strong (NYSE:RNG)
www.stockhouse.com - August 4 at 7:38 PM
News IconRingCentral Rooms™ Brings Next Generation Cloud-Based Room Video Conferencing Solution to UK Businesses (NYSE:RNG)
www.digitaljournal.com - August 4 at 10:21 AM
benzinga.com logoRingCentral Dials In Profits, Non-GAAP Operating Margins Swing Positive (NYSE:RNG)
www.benzinga.com - August 3 at 7:31 PM
sg.finance.yahoo.com logoRingCentral reports 2Q loss (NYSE:RNG)
sg.finance.yahoo.com - August 3 at 7:31 PM
biz.yahoo.com logoQ2 2016 RingCentral Inc Earnings Release - After Market Close (NYSE:RNG)
biz.yahoo.com - August 3 at 10:29 AM
News IconJustin Bieber and Selena Gomez are NOT collaborating together on a new song, despite inaccurate speculation (NYSE:RNG)
www.ad-hoc-news.de - August 2 at 12:06 PM
nasdaq.com logoCommit To Purchase RingCentral At $19, Earn 11.2% Annualized Using Options (NYSE:RNG)
www.nasdaq.com - August 2 at 12:06 PM
finance.yahoo.com logoRingCentral Brings Together Technologists at First Annual Xiamen Cloud Conference (NYSE:RNG)
au.finance.yahoo.com - August 2 at 12:06 PM
publicnow.com logoRE/MAX Selects RingCentral as Approved Supplier for Business Communications (NYSE:RNG)
www.publicnow.com - July 28 at 9:18 AM
News IconAlphaone Investment Services LLC Decreased Stake in Ringcentral INC (NYSE:RNG) by $4.12 Million as Shares ... - Consumer Eagle (NYSE:RNG)
www.consumereagle.com - July 23 at 11:01 AM
News IconStock Focus: Following Analyst Expectations on Shares of Ringcentral, Inc. (NYSE:RNG) - Engelwood Daily (NYSE:RNG)
www.engelwooddaily.com - July 23 at 11:01 AM
news.cmlviz.com logoRingCentral Inc (NYSE:RNG) Price Volatility Hits An Elevated Level - CML News (NYSE:RNG)
news.cmlviz.com - July 21 at 7:29 PM
businesswire.com logoCORRECTING and REPLACING Box Adopts RingCentral Office Worldwide to Streamline Enterprise Communications (NYSE:RNG)
www.businesswire.com - July 20 at 8:03 PM
News IconShares Positive Over the Past Month: RingCentral, Inc. (NYSE:RNG) - TGP (NYSE:RNG)
telanaganapress.com - July 20 at 9:59 AM
capitalcube.com logoETF’s with exposure to RingCentral, Inc. : July 19, 2016 (NYSE:RNG)
www.capitalcube.com - July 19 at 1:05 PM
News IconRingcentral Incorporated (NYSE:RNG) Shorts Decreased by 8.11% After Short Covering - Press Telegraph (NYSE:RNG)
presstelegraph.com - July 19 at 8:08 AM
News IconSolid Performer in Focus: RingCentral, Inc. (NYSE:RNG) - Engelwood Daily (NYSE:RNG)
www.engelwooddaily.com - July 19 at 8:08 AM
News IconStock in Positive Territory for the Quarter: RingCentral, Inc. (NYSE:RNG) - Engelwood Daily (NYSE:RNG)
www.engelwooddaily.com - July 19 at 8:08 AM
News IconShare Performance Summary for: RingCentral, Inc. (NYSE:RNG) - Press Telegraph (NYSE:RNG)
presstelegraph.com - July 19 at 8:08 AM
finance.yahoo.com logoBox Adopts RingCentral Office Worldwide to Streamline Enterprise Communications (NYSE:RNG)
finance.yahoo.com - July 18 at 9:00 AM
News IconCrowd Rating and Earnings Recap for Ringcentral, Inc. (NYSE:RNG) - Telanagana Press (NYSE:RNG)
telanaganapress.com - July 15 at 6:09 PM
News IconAnalyst Target and Average Rating Watch: Ringcentral, Inc. (NYSE:RNG) - Press Telegraph (NYSE:RNG)
presstelegraph.com - July 14 at 7:24 PM
News IconShares Moving Up Over the Past Quarter: RingCentral, Inc. (NYSE:RNG) - Engelwood Daily (NYSE:RNG)
www.engelwooddaily.com - July 13 at 10:04 AM
News IconRingcentral, Inc. (NYSE:RNG) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:RNG)
www.engelwooddaily.com - July 13 at 10:04 AM
ftsenews.co.uk logoRingcentral, Inc. (NYSE:RNG) Updated Price Targets - FTSE News (NYSE:RNG)
www.ftsenews.co.uk - July 13 at 10:04 AM
publicnow.com logoRingCentral Announces Date of Second Quarter 2016 Financial Results Conference Call (NYSE:RNG)
www.publicnow.com - July 13 at 8:23 AM
marketnewsvideo.com logoNotable Monday Option Activity: GLUU, WDAY, RNG (NYSE:RNG)
www.marketnewsvideo.com - July 12 at 11:32 AM
News IconHow Analysts Rated RingCentral Inc (NYSE:RNG) Last Week? - Press Telegraph (NYSE:RNG)
presstelegraph.com - July 11 at 7:05 PM
News IconStock Performance Rundown on: RingCentral, Inc. (NYSE:RNG) - Press Telegraph (NYSE:RNG)
presstelegraph.com - July 11 at 11:50 AM
News IconWall Street Ratings and Target Price Views on Ringcentral, Inc. (NYSE:RNG) - Telanagana Press (NYSE:RNG)
telanaganapress.com - July 8 at 10:02 AM


RingCentral (NYSE:RNG) Chart for Sunday, August, 28, 2016

Last Updated on 8/28/2016 by MarketBeat.com Staff