S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
NYSE:RNG

RingCentral Stock Forecast, Price & News

$198.67
-0.73 (-0.37%)
(As of 12/2/2021 04:00 PM ET)
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Today's Range
$192.63
$204.11
50-Day Range
$198.67
$281.64
52-Week Range
$192.63
$449.00
Volume
1.93 million shs
Average Volume
1.09 million shs
Market Capitalization
$18.31 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
0.7
30 days | 90 days | 365 days | Advanced Chart
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RingCentral logo

About RingCentral

RingCentral, Inc. engages in the provision of global enterprise cloud communications and collaboration solutions. The firm's solutions provide a single user identity across multiple locations and devices, including smartphones, tablets, PCs and desk phones; and allow for communication across multiple modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings and fax. It sells its products under the RingCentral Professional, RingCentral Glip, and RingCentral Fax brands. The company was founded by Vlad Vendrow and Vladimir Shmunis in 1999 and is headquartered in Belmont, CA.

Headlines

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Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Employees
3,140
Year Founded
1999

Sales & Book Value

Annual Sales
$1.18 billion
Cash Flow
$0.79 per share
Book Value
$0.49 per share

Profitability

Net Income
$-83 million
Pretax Margin
-17.43%

Debt

Price-To-Earnings

Miscellaneous

Free Float
84,784,000
Market Cap
$18.31 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/09/2021
Today
12/03/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/15/2022

Social Links


MarketRank

Overall MarketRank

2.39 out of 5 stars

Computer And Technology Sector

212th out of 890 stocks

Data Processing & Preparation Industry

19th out of 100 stocks

Analyst Opinion: 4.5Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -












RingCentral (NYSE:RNG) Frequently Asked Questions

Is RingCentral a buy right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RingCentral in the last twelve months. There are currently 2 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RingCentral stock.
View analyst ratings for RingCentral
or view top-rated stocks.

How has RingCentral's stock been impacted by COVID-19?

RingCentral's stock was trading at $199.34 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RNG shares have decreased by 0.3% and is now trading at $198.67.
View which stocks have been most impacted by COVID-19
.

When is RingCentral's next earnings date?

RingCentral is scheduled to release its next quarterly earnings announcement on Tuesday, February 15th 2022.
View our earnings forecast for RingCentral
.

How were RingCentral's earnings last quarter?

RingCentral, Inc. (NYSE:RNG) posted its earnings results on Tuesday, November, 9th. The software maker reported $0.36 EPS for the quarter, topping the Zacks' consensus estimate of ($0.59) by $0.95. The software maker earned $414.63 million during the quarter, compared to the consensus estimate of $393.42 million. RingCentral had a negative net margin of 17.54% and a negative trailing twelve-month return on equity of 111.17%. During the same period last year, the business posted ($0.24) EPS.
View RingCentral's earnings history
.

What guidance has RingCentral issued on next quarter's earnings?

RingCentral issued an update on its FY 2021 earnings guidance on Tuesday, November, 30th. The company provided EPS guidance of $1.320-$1.320 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.290. The company issued revenue guidance of $1.58 billion-$1.58 billion, compared to the consensus revenue estimate of $1.55 billion.

What price target have analysts set for RNG?

18 equities research analysts have issued 1 year target prices for RingCentral's shares. Their forecasts range from $300.00 to $535.00. On average, they expect RingCentral's share price to reach $407.75 in the next twelve months. This suggests a possible upside of 105.2% from the stock's current price.
View analysts' price targets for RingCentral
or view top-rated stocks among Wall Street analysts.

Who are RingCentral's key executives?

RingCentral's management team includes the following people:
  • Vladimir G. Shmunis, Chairman & Chief Executive Officer
  • Anand Eswaran, President & Chief Operating Officer
  • Mitesh Dilip Dhruv, Chief Financial Officer
  • Vlad Vendrow, Chief Technology Officer
  • Trevor Schulze, Chief Information Officer

What is Vlad Shmunis' approval rating as RingCentral's CEO?

659 employees have rated RingCentral CEO Vlad Shmunis on Glassdoor.com. Vlad Shmunis has an approval rating of 98% among RingCentral's employees. This puts Vlad Shmunis in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of RingCentral own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RingCentral investors own include NVIDIA (NVDA), Alibaba Group (BABA), salesforce.com (CRM), Square (SQ), PayPal (PYPL), Advanced Micro Devices (AMD), DocuSign (DOCU), Netflix (NFLX), Shopify (SHOP) and ServiceNow (NOW).

What is RingCentral's stock symbol?

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

Who are RingCentral's major shareholders?

RingCentral's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Capital World Investors (10.82%), Sustainable Growth Advisers LP (1.46%), Bamco Inc. NY (1.31%), Janus Henderson Group PLC (1.11%), Geode Capital Management LLC (1.01%) and Victory Capital Management Inc. (0.89%). Company insiders that own RingCentral stock include Allan C Thygesen, Anand Eswaran, David Sipes, Godfrey Sullivan, John H Marlow, John H Marlow, Joseph D Mansueto, Kenneth A Goldman, Mckenna Michelle, Mitesh Dhruv, Praful Shah, R Neil Williams, Robert I Theis, Vaibhav Agarwal and Vladimir Shmunis.
View institutional ownership trends for RingCentral
.

Which institutional investors are selling RingCentral stock?

RNG stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Capital World Investors, Voya Investment Management LLC, Franklin Resources Inc., Alliancebernstein L.P., Janus Henderson Group PLC, Arrowstreet Capital Limited Partnership, and Neuberger Berman Group LLC. Company insiders that have sold RingCentral company stock in the last year include Allan C Thygesen, Anand Eswaran, Godfrey Sullivan, John H Marlow, Joseph D Mansueto, Mitesh Dhruv, Praful Shah, R Neil Williams, Robert I Theis, Vaibhav Agarwal, and Vladimir Shmunis.
View insider buying and selling activity for RingCentral
or view top insider-selling stocks.

Which institutional investors are buying RingCentral stock?

RNG stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Renaissance Technologies LLC, Sustainable Growth Advisers LP, Jane Street Group LLC, Quadrature Capital Ltd, Sylebra Capital Ltd, Voloridge Investment Management LLC, and Citadel Advisors LLC.
View insider buying and selling activity for RingCentral
or or view top insider-buying stocks.

How do I buy shares of RingCentral?

Shares of RNG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is RingCentral's stock price today?

One share of RNG stock can currently be purchased for approximately $198.67.

How much money does RingCentral make?

RingCentral has a market capitalization of $18.31 billion and generates $1.18 billion in revenue each year. The software maker earns $-83 million in net income (profit) each year or ($2.84) on an earnings per share basis.

How many employees does RingCentral have?

RingCentral employs 3,140 workers across the globe.

Does RingCentral have any subsidiaries?

The following companies are subsidiares of RingCentral: Connect First Inc., DeepAffects, Dimelo SA, Glip Inc., RCLEC Inc., RCVA Inc., RingCentral Australia Pty Ltd, RingCentral B.V., RingCentral Brasil Soluces EM TI LTDA, RingCentral CH GmbH, RingCentral Canada Inc., RingCentral Espana SL, RingCentral Estonia OÜ, RingCentral Florida LLC, RingCentral France, RingCentral Holdings I Inc, RingCentral Hong Kong Limited, RingCentral IP Holdings Inc, RingCentral International Inc., RingCentral Ireland Ltd., RingCentral Italy SrL, RingCentral Japan K.K., RingCentral Korea Ltd., RingCentral Singapore Pte. Ltd., RingCentral South Africa Pty Ltd, RingCentral UK LTD, and RingCentral Xiamen Software Co. Ltd..

When was RingCentral founded?

RingCentral was founded in 1999.

What is RingCentral's official website?

The official website for RingCentral is www.ringcentral.com.

Where are RingCentral's headquarters?

RingCentral is headquartered at 20 DAVIS DRIVE, BELMONT CA, 94002.

How can I contact RingCentral?

RingCentral's mailing address is 20 DAVIS DRIVE, BELMONT CA, 94002. The software maker can be reached via phone at (650) 472-4100, via email at [email protected], or via fax at 888-528-7464.


This page was last updated on 12/3/2021 by MarketBeat.com Staff

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