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: $25.65
  • 50 Day Moving Average: $22.96
  • 200 Day Moving Average: $22.43
  • 52-Week Range: $13.88 - $25.95
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 92.14
  • P/E Growth: 5.60
  • Market Cap: $1.90B
  • Outstanding Shares: 73,960,000
  • Beta: 0.78
Profitability:
  • Net Margins: -7.72%
  • Return on Equity: -20.77%
  • Return on Assets: -10.55%
Debt:
  • Debt-to-Equity Ratio: 0.01%
  • Current Ratio: 1.78%
  • Quick Ratio: 1.78%
Additional Links:
Companies Related to RingCentral:

Analyst Ratings

Consensus Ratings for RingCentral (NYSE:RNG) (?)
Ratings Breakdown: 1 Hold Rating, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.89)
Consensus Price Target: $27.00 (4.65% upside)

Analysts' Ratings History for RingCentral (NYSE:RNG)
Show:
DateFirmActionRatingPrice TargetDetails
2/14/2017William BlairReiterated RatingOutperformView Rating Details
12/12/2016Robert W. BairdUpgradeNeutral -> Outperform$26.00 -> $29.00View Rating Details
11/17/2016Jefferies Group LLCReiterated RatingBuy$29.00View Rating Details
10/26/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$26.00View Rating Details
8/5/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$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
8/19/2015Northland SecuritiesBoost Price TargetOutperform$25.00 -> $27.00View Rating Details
7/23/2015J P Morgan Chase & CoInitiated CoverageOverweight$27.00View Rating Details
7/21/2015Bank of America CorpBoost Price TargetBuy$19.00 -> $22.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for RingCentral (NYSE:RNG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
2/13/2017Q416$0.02$0.03$103.02 million$104.50 millionViewN/AView Earnings Details
10/25/2016Q316$0.01$0.03$41.93 million$96.80 millionViewListenView Earnings Details
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)

Estimates

Earnings Estimates for RingCentral (NYSE:RNG)
Current Year EPS Consensus Estimate: $0.15 EPS
Next Year EPS Consensus Estimate: $0.28 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 20162($0.09)($0.09)($0.09)
Q1 20172($0.09)($0.07)($0.08)
Q2 20172($0.09)($0.08)($0.09)
Q3 20172($0.08)($0.07)($0.08)
Q4 20172($0.08)($0.06)($0.07)
Q1 20181($0.06)($0.06)($0.06)
Q2 20181($0.06)($0.06)($0.06)
Q3 20181($0.06)($0.06)($0.06)
Q4 20181($0.06)($0.06)($0.06)
(Data provided by Zacks Investment Research)

Dividends

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)
Insider Ownership Percentage: 17.34%
Institutional Ownership Percentage: 66.67%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/1/2017Praful ShahSVPSell10,000$23.03$230,300.00View SEC Filing  
12/14/2016Clyde HoseinCFOSell159,813$22.40$3,579,811.20View SEC Filing  
11/29/2016Praful ShahSVPSell2,415$21.94$52,985.10View SEC Filing  
11/22/2016John H MarlowSVPSell2,238$22.20$49,683.60View SEC Filing  
11/22/2016Kira MakagonEVPSell3,102$22.20$68,864.40View SEC Filing  
11/7/2016Vladimir ShmunisCEOSell20,000$20.42$408,400.00View SEC Filing  
11/1/2016Praful ShahSVPSell10,000$20.37$203,700.00View SEC Filing  
10/3/2016Praful ShahSVPSell10,000$23.61$236,100.00View SEC Filing  
9/16/2016John H MarlowSVPSell17,000$23.20$394,400.00View SEC Filing  
9/15/2016John H MarlowSVPSell2,000$22.45$44,900.00View SEC Filing  
9/7/2016Kira MakagonEVPSell20,000$22.02$440,400.00View SEC Filing  
9/1/2016Praful ShahSVPSell10,000$21.92$219,200.00View SEC Filing  
8/30/2016John H MarlowSVPSell16,000$22.22$355,520.00View SEC Filing  
8/29/2016Praful ShahSVPSell2,415$22.19$53,588.85View SEC Filing  
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)

Headlines

Latest Headlines for RingCentral (NYSE:RNG)
DateHeadline
News IconRingCentral provides communication capabilities for greater patient engagement (NYSE:RNG)
www.financial-news.co.uk - February 21 at 5:18 PM
News IconRingCentral, Inc. (RNG): Essential Chart Information | NY Stock News - NY Stock News (NYSE:RNG)
nystocknews.com - February 17 at 7:51 PM
finance.yahoo.com logoRingCentral Provides Healthcare Organizations with Powerful, Secure Communication & Collaboration Capabilities for Greater Patient & Workforce Engagement (NYSE:RNG)
finance.yahoo.com - February 17 at 7:51 PM
capitalcube.com logoRingCentral, Inc. :RNG-US: Earnings Analysis: Q4, 2016 By the Numbers : February 15, 2017 (NYSE:RNG)
www.capitalcube.com - February 16 at 7:14 PM
capitalcube.com logoRingCentral, Inc. :RNG-US: Earnings Analysis: 2016 By the Numbers : February 16, 2017 (NYSE:RNG)
www.capitalcube.com - February 16 at 7:14 PM
marketexclusive.com logoAnalyst Activity – William Blair Reiterates Outperform on Ringcentral (NYSE:RNG) (NYSE:RNG)
marketexclusive.com - February 15 at 1:08 AM
News IconStocks To Watch: Hibbett Sports, Inc. (NASDAQ:HIBB), RingCentral Inc (NYSE:RNG), Amkor… (NYSE:RNG)
stockmarketdaily.co - February 15 at 1:08 AM
4-traders.com logoRINGCENTRAL, INC. (NYSE:RNG) Files An 8-K Results of Operations and Financial Condition (NYSE:RNG)
www.4-traders.com - February 15 at 1:08 AM
streetinsider.com logoRingcentral, Inc. (RNG) Tops Q4 EPS by 1c (NYSE:RNG)
www.streetinsider.com - February 15 at 1:08 AM
seekingalpha.com logoRingCentral (RNG) Q4 2016 Results - Earnings Call Transcript (NYSE:RNG)
seekingalpha.com - February 15 at 1:08 AM
News IconRingCentral Inc. (RNG) Is Pulling Back After Q4 Report (NYSE:RNG)
www.graffiotech.com - February 15 at 1:08 AM
News IconRingCentral Inc (RNG) Releases Earnings Results, Beats Expectations By $0.01 EPS (NYSE:RNG)
xboxonezone.com - February 15 at 1:08 AM
us.rd.yahoo.com logoRingCentral Announces Fourth Quarter 2016 Results (NYSE:RNG)
us.rd.yahoo.com - February 15 at 1:08 AM
us.rd.yahoo.com logo4:08 pm RingCentral beats by $0.01, beats on revs (NYSE:RNG)
us.rd.yahoo.com - February 15 at 1:08 AM
biz.yahoo.com logoRINGCENTRAL INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:RNG)
us.rd.yahoo.com - February 15 at 1:08 AM
sg.finance.yahoo.com logoRingCentral reports 4Q loss (NYSE:RNG)
us.rd.yahoo.com - February 15 at 1:08 AM
us.rd.yahoo.com logoRingCentral Drops 9% Despite Q4 Beat, Higher Outlook (NYSE:RNG)
us.rd.yahoo.com - February 15 at 1:08 AM
us.rd.yahoo.com logoRingCentral CEO Shmunis Sees Growth Re-Accelerating (NYSE:RNG)
us.rd.yahoo.com - February 15 at 1:08 AM
News IconSell-side Projecting $-0.09 Per Share For Ringcentral, Inc. (NYSE:RNG) - Aiken Advocate (NYSE:RNG)
aikenadvocate.com - February 14 at 6:02 AM
News IconSetting the Table For Earnings, Stock In Focus: RingCentral, Inc. (NYSE:RNG) - Aiken Advocate (NYSE:RNG)
aikenadvocate.com - February 14 at 6:02 AM
streetinsider.com logoRingcentral, Inc. (RNG) Tops Q4 EPS by 1c - StreetInsider.com - StreetInsider.com (NYSE:RNG)
www.streetinsider.com - February 14 at 6:02 AM
rttnews.com logoRingCentral Inc. (RNG) Is Pulling Back After Q4 Report - RTT News (NYSE:RNG)
www.rttnews.com - February 14 at 6:02 AM
finance.yahoo.com logoEdited Transcript of RNG earnings conference call or presentation 13-Feb-17 9:30pm GMT (NYSE:RNG)
finance.yahoo.com - February 14 at 6:02 AM
biz.yahoo.com logoQ4 2016 RingCentral Inc Earnings Release - After Market Close (NYSE:RNG)
biz.yahoo.com - February 13 at 8:45 AM
News IconInvestors in RingCentral Inc (RNG) are paying above the intrinsic value (NYSE:RNG)
simplywall.st - February 12 at 7:28 PM
News IconInvestor Update: Tracking Shares of RingCentral, Inc. (NYSE:RNG) - Baldwin Journal (NYSE:RNG)
baldwinjournal.com - February 11 at 4:01 AM
finance.yahoo.com logoRingCentral Announces Carousel Industries as Strategic Partner to Expand Cloud Communications Solutions Into Enterprises (NYSE:RNG)
finance.yahoo.com - February 9 at 11:37 PM
finance.yahoo.com logoStructural Group Empowers Its 1,800 Employees across 22 Locations With RingCentral’s Cloud Communications & Collaboration Platform (NYSE:RNG)
finance.yahoo.com - February 8 at 11:29 PM
finance.yahoo.com logoThe Salvation Army National Headquarters to Replace Legacy On-Premise Systems With RingCentral’s Cloud Communications Solution to Enhance Workforce Engagement and Productivity (NYSE:RNG)
finance.yahoo.com - February 1 at 11:56 PM
News IconFirms & Funds Maintain Significant Positions In RingCentral, Inc ... - Wall Street Beacon (NYSE:RNG)
wsbeacon.com - February 1 at 4:33 AM
4-traders.com logoRingcentral : Stock Price Increases 6.56% (NYSE:RNG)
www.4-traders.com - January 31 at 10:02 PM
News IconADX in View on Shares of Ringcentral Inc. (RNG) - Springdale Times (NYSE:RNG)
springdaletimes.com - January 30 at 8:24 PM
News IconEquity Focus: Looking at Shares of RingCentral, Inc. (NYSE:RNG) - The Tribune (NYSE:RNG)
lakecitytribune.com - January 29 at 8:02 PM
News IconChart Watch: Checking on Shares of Ringcentral Inc. (RNG) - Sherwood Daily (NYSE:RNG)
sherwooddaily.com - January 29 at 8:22 AM
News IconWhat The Charts Are Saying About RingCentral, Inc. (NYSE:RNG) - The Tribune (NYSE:RNG)
lakecitytribune.com - January 29 at 8:22 AM
finance.yahoo.com logoRingCentral Announces Date of Fourth Quarter 2016 Financial Results Conference Call and Upcoming Investor Events (NYSE:RNG)
finance.yahoo.com - January 26 at 3:51 AM
News IconEarnings in Full Force, Analysts Take Aim at Ringcentral, Inc. (NYSE:RNG) - Wall Street Beacon (NYSE:RNG)
wsbeacon.com - January 24 at 8:06 AM
News IconInvestor Lookout: Technical Indicator Watch for Ringcentral Inc. (RNG) - Springdale Times (NYSE:RNG)
springdaletimes.com - January 23 at 7:54 PM
capitalcube.com logoRingCentral, Inc. breached its 50 day moving average in a Bullish Manner : RNG-US : January 23, 2017 (NYSE:RNG)
www.capitalcube.com - January 23 at 8:58 AM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: RingCentral, Inc. (NYSE:RNG) - Wall Street Beacon (NYSE:RNG)
wsbeacon.com - January 22 at 7:21 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Ringcentral, Inc. (NYSE:RNG) - Wall Street Beacon (NYSE:RNG)
wsbeacon.com - January 22 at 5:21 AM
News IconWilliams %R, RSI, and ADX Update for Ringcentral Inc. (RNG) - Springdale Times (NYSE:RNG)
springdaletimes.com - January 18 at 12:59 AM
News IconWill The Needle Move For Ringcentral, Inc. (NYSE:RNG) Shares This Earnings Season? - Wall Street Beacon (NYSE:RNG)
wsbeacon.com - January 18 at 12:59 AM
News IconPosition Changed: As Ringcentral INC (RNG) Stock Rose, Holder ... - The Herald Beacon (NYSE:RNG)
heraldbeacon.com - January 15 at 8:36 AM
News IconMarkets End Mostly Higher, How Did This Stock Fare: RingCentral, Inc. (NYSE:RNG) - Wall Street Beacon (NYSE:RNG)
wsbeacon.com - January 15 at 8:36 AM
capitalcube.com logoRingCentral, Inc. breached its 50 day moving average in a Bullish Manner : RNG-US : January 9, 2017 (NYSE:RNG)
www.capitalcube.com - January 9 at 8:55 AM
realistinvestor.com logoRingcentral, Inc. (NYSE:RNG) Is Expected To Post EPS Of $-0.06 - RealistInvestor.com (NYSE:RNG)
www.realistinvestor.com - January 8 at 5:18 AM
News IconInsider Move From SEC: RingCentral Inc (NYSE:RNG) SVP – Strategy Praful Shah, Sold $209,700 in Stock (NYSE:RNG)
www.whatsonthorold.com - January 6 at 9:00 PM
News IconGiven Its Low Debt-Load, Is RingCentral Inc (RNG) A Financially Sound Company? (NYSE:RNG)
simplywall.st - January 4 at 12:29 AM
realistinvestor.com logoRingcentral, Inc. (NYSE:RNG) EPS Estimaged At $-0.055 - RealistInvestor.com (NYSE:RNG)
www.realistinvestor.com - January 1 at 12:24 AM

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What is RingCentral's stock symbol?

RingCentral trades on the New York Stock Exchange (NYSE) under the ticker symbol "RNG."

Where is RingCentral's stock going? Where will RingCentral's stock price be in 2017?

9 brokerages have issued 12 month target prices for RingCentral's shares. Their forecasts range from $24.00 to $29.00. On average, they anticipate RingCentral's stock price to reach $27.00 in the next year.

When will RingCentral announce their earnings?

RingCentral is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

What are analysts saying about RingCentral stock?

Here are some recent quotes from research analysts about RingCentral stock:

  • According to Zacks Investment Research, "RingCentral, Inc. provides solutions for business communications primarily in the United States. The Company's products include RingCentral Office, RingCentral Mobile and RingCentral Fax. It provides solutions such as auto-receptionist, flexible extension structure, multiple voicemail boxes, smart call routing, business answering rules, extension dialing, call transfers and elegant integration with Smartphones. RingCentral, Inc. is headquartered in San Mateo, California. " (2/17/2017)

  • Robert W. Baird analysts commented, "We are positive on the UCaaS growth opportunity, which we believe remains early innings, as well as RNG's positioning. However, with the stock near recent peaks and expectations high, we are initiating coverage with a Neutral rating and $24 target price, and would look for any weakness to perhaps become more aggressive." (8/25/2016)

  • Jefferies Group LLC analysts commented, "We expect RNG to meet or slightly exceed JunQ guidance for $86.5 to $88.5M total revenue, and show progress on its path to consistent profitability, with slightly positive non-GAAP op. income in the quarter. We look forward to an update on traction up-market, as well as F3Q guidance. Conference Call Details. RNG reports 2Q16 (Jun) results today after the market close. The company will host a conference call at 4:30 PM ET – 1-877-705-6003 (U.S.) / no passcode. We Expect Continued Growth and Positive Profitability. We model +30% yoy subscription revenue growth for 2Q, and +1.5% non-GAAP operating margin. We Look Forward to 3Q and Updated FY16 Guidance… We estimate that current consensus estimates imply about 25% and 28% yoy pro forma" growth for F3Q and FY16, respectively. As a reminder, pro forma growth is calculated by adjusting the year-ago period for the agency model (rather than selling phones) that RNG transitioned to during Q1. Current consensus estimates 1.5% non-GAAP operating margin for FY16. … As Well As Comments on Continued Traction Up-Market. Last quarter, management reported that the ROI of mid-market customers (defined as 50 to 1,000 seats) has begun to exceed that of small business, indicating that it is now more efficient for RNG to pursue larger customers. Additionally, the mid-market accounted for 35% of RingCentral Office bookings in the quarter, up from 30% last year." (8/4/2016)

Who owns RingCentral stock?

RingCentral's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (1.90%), State Street Corp (1.59%), Alyeska Investment Group L.P. (1.48%), Loomis Sayles & Co. L P (1.18%), Two Sigma Investments LP (0.59%) and FMR LLC (0.56%). Company insiders that own RingCentral stock include Clyde Hosein, David Mark Berman, David Sipes, John H Marlow, Kira Makagon, Praful Shah, Vinod Khosla and Vladimir Shmunis.

Who sold RingCentral stock? Who is selling RingCentral stock?

RingCentral's stock was sold by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Royce & Associates LP, Millrace Asset Group Inc., Federated Investors Inc. PA, GSA Capital Partners LLP, Loomis Sayles & Co. L P, Two Sigma Investments LP and AQR Capital Management LLC. Company insiders that have sold RingCentral stock in the last year include Clyde Hosein, David Sipes, John H Marlow, Kira Makagon, Praful Shah and Vladimir Shmunis.

Who bought RingCentral stock? Who is buying RingCentral stock?

RingCentral's stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, Bogle Investment Management L P DE, Russell Investments Group Ltd., State Street Corp, Marshall Wace LLP, Denver Investment Advisors LLC and A.R.T. Advisors LLC.

How do I buy RingCentral stock?

Shares of RingCentral can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of RingCentral stock cost?

One share of RingCentral stock can currently be purchased for approximately $25.80.

RingCentral (NYSE:RNG) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for RingCentral (NYSE:RNG)

Earnings History Chart

Earnings by Quarter for RingCentral (NYSE:RNG)

Dividend History Chart

Dividend Payments by Quarter for RingCentral (NYSE:RNG)

Last Updated on 2/22/2017 by MarketBeat.com Staff