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NYSE:RNG

RingCentral (RNG) Competitors

$29.22
+0.56 (+1.95%)
(As of 12:51 PM ET)
Compare
Today's Range
$28.00
$29.37
50-Day Range
$28.00
$41.60
52-Week Range
$25.32
$49.32
Volume
255,799 shs
Average Volume
1.78 million shs
Market Capitalization
$2.77 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.52

RNG vs. YY, STNE, PEGA, CSGS, UPWK, ETWO, SSTK, DXC, TASK, and CLVT

Should you be buying RingCentral stock or one of its competitors? The main competitors of RingCentral include JOYY (YY), StoneCo (STNE), Pegasystems (PEGA), CSG Systems International (CSGS), Upwork (UPWK), E2open Parent (ETWO), Shutterstock (SSTK), DXC Technology (DXC), TaskUs (TASK), and Clarivate (CLVT). These companies are all part of the "data processing & preparation" industry.

RingCentral vs.

RingCentral (NYSE:RNG) and JOYY (NASDAQ:YY) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, media sentiment, profitability, community ranking, dividends, valuation, institutional ownership and earnings.

RingCentral presently has a consensus target price of $43.52, indicating a potential upside of 50.70%. JOYY has a consensus target price of $41.50, indicating a potential upside of 8.44%. Given RingCentral's higher probable upside, equities analysts plainly believe RingCentral is more favorable than JOYY.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
RingCentral
0 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.55
JOYY
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

JOYY has higher revenue and earnings than RingCentral. RingCentral is trading at a lower price-to-earnings ratio than JOYY, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
RingCentral$1.99B1.39-$879.17M-$6.75-4.33
JOYY$2.41B0.99$128.89M$3.2711.73

RingCentral has a beta of 0.92, meaning that its share price is 8% less volatile than the S&P 500. Comparatively, JOYY has a beta of 0.62, meaning that its share price is 38% less volatile than the S&P 500.

In the previous week, JOYY had 5 more articles in the media than RingCentral. MarketBeat recorded 6 mentions for JOYY and 1 mentions for RingCentral. JOYY's average media sentiment score of 0.54 beat RingCentral's score of -0.15 indicating that JOYY is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
RingCentral
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
JOYY
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

84.5% of RingCentral shares are held by institutional investors. Comparatively, 36.8% of JOYY shares are held by institutional investors. 6.5% of RingCentral shares are held by insiders. Comparatively, 43.0% of JOYY shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

RingCentral received 350 more outperform votes than JOYY when rated by MarketBeat users. Likewise, 74.01% of users gave RingCentral an outperform vote while only 67.49% of users gave JOYY an outperform vote.

CompanyUnderperformOutperform
RingCentralOutperform Votes
894
74.01%
Underperform Votes
314
25.99%
JOYYOutperform Votes
544
67.49%
Underperform Votes
262
32.51%

JOYY has a net margin of 13.81% compared to RingCentral's net margin of -30.59%. JOYY's return on equity of 4.60% beat RingCentral's return on equity.

Company Net Margins Return on Equity Return on Assets
RingCentral-30.59% N/A -4.24%
JOYY 13.81%4.60%2.79%

Summary

JOYY beats RingCentral on 11 of the 19 factors compared between the two stocks.


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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RNG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

RNG vs. The Competition

MetricRingCentralData processing & preparation IndustryComputer SectorNYSE Exchange
Market Cap$2.77B$3.19B$15.62B$15.22B
Dividend YieldN/A1.47%2.51%3.76%
P/E Ratio-4.3332.36252.8919.91
Price / Sales1.394.54549.5212.78
Price / Cash15.2424.2626.8316.91
Price / Book-5.776.148.736.61
Net Income-$879.17M-$59.35M$550.91M$901.45M
7 Day Performance3.45%2.04%0.09%0.13%
1 Month Performance-0.68%-4.69%0.26%-3.72%
1 Year Performance-31.60%-13.71%6.46%7.81%

RingCentral Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
YY
JOYY
2.0904 of 5 stars
$39.92
-0.4%
$41.50
+4.0%
+49.7%$2.47B$2.41B12.216,681Ex-Dividend
Short Interest ↑
News Coverage
Gap Down
High Trading Volume
STNE
StoneCo
3.2165 of 5 stars
$10.32
-1.9%
$16.25
+57.4%
+12.5%$3.23B$1.86B21.0615,485
PEGA
Pegasystems
2.7642 of 5 stars
$41.74
-1.4%
$53.82
+28.9%
+31.6%$3.47B$1.29B-27.106,145Positive News
CSGS
CSG Systems International
3.0305 of 5 stars
$50.96
-0.6%
$72.00
+41.3%
-3.1%$1.62B$1.09B23.275,700Analyst Downgrade
Positive News
UPWK
Upwork
2.4925 of 5 stars
$11.27
-2.2%
$16.00
+42.0%
-17.8%$1.52B$618.32M-22.54850Positive News
ETWO
E2open Parent
1.5415 of 5 stars
$4.68
-1.7%
$5.50
+17.6%
-25.7%$1.42B$652.22M-1.474,017
SSTK
Shutterstock
2.8544 of 5 stars
$36.53
-2.6%
$81.33
+122.6%
-25.5%$1.35B$845.94M11.781,328Analyst Upgrade
DXC
DXC Technology
2.0353 of 5 stars
$20.28
-1.1%
$25.67
+26.6%
-12.8%$4.16B$14.43B-7.14130,000Short Interest ↑
News Coverage
TASK
TaskUs
2.4556 of 5 stars
$9.92
-1.3%
$14.63
+47.4%
-35.8%$922.46M$960.49M24.8049,500Positive News
CLVT
Clarivate
2.2408 of 5 stars
$7.03
-2.1%
$8.31
+18.2%
-23.7%$4.75B$2.66B-1.1011,800Analyst Report
Short Interest ↑
News Coverage

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This page (NYSE:RNG) was last updated on 9/28/2023 by MarketBeat.com Staff

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