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RingCentral (RNG) Competitors

$30.76
+1.80 (+6.22%)
(As of 07/12/2024 ET)

RNG vs. GLOB, BILI, MARA, PEGA, PAGS, STNE, CLVT, DXC, GDRX, and FIVN

Should you be buying RingCentral stock or one of its competitors? The main competitors of RingCentral include Globant (GLOB), Bilibili (BILI), Marathon Digital (MARA), Pegasystems (PEGA), PagSeguro Digital (PAGS), StoneCo (STNE), Clarivate (CLVT), DXC Technology (DXC), GoodRx (GDRX), and Five9 (FIVN). These companies are all part of the "data processing & preparation" industry.

RingCentral vs.

Globant (NYSE:GLOB) and RingCentral (NYSE:RNG) are both mid-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, earnings, valuation, media sentiment, risk, analyst recommendations, profitability, institutional ownership and community ranking.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Globant$2.10B3.99$158.54M$3.8150.96
RingCentral$2.20B1.29-$165.24M-$1.49-20.64

Globant has a net margin of 7.62% compared to Globant's net margin of -6.18%. RingCentral's return on equity of 11.60% beat Globant's return on equity.

Company Net Margins Return on Equity Return on Assets
Globant7.62% 11.60% 8.11%
RingCentral -6.18%N/A -1.96%

91.6% of Globant shares are owned by institutional investors. Comparatively, 98.6% of RingCentral shares are owned by institutional investors. 2.7% of Globant shares are owned by insiders. Comparatively, 6.8% of RingCentral shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Globant currently has a consensus target price of $216.72, suggesting a potential upside of 11.62%. RingCentral has a consensus target price of $38.94, suggesting a potential upside of 26.61%. Given Globant's higher possible upside, analysts plainly believe RingCentral is more favorable than Globant.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Globant
1 Sell rating(s)
5 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.63
RingCentral
0 Sell rating(s)
10 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.53

Globant has a beta of 1.41, meaning that its stock price is 41% more volatile than the S&P 500. Comparatively, RingCentral has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500.

RingCentral received 534 more outperform votes than Globant when rated by MarketBeat users. Likewise, 73.05% of users gave RingCentral an outperform vote while only 60.52% of users gave Globant an outperform vote.

CompanyUnderperformOutperform
GlobantOutperform Votes
374
60.52%
Underperform Votes
244
39.48%
RingCentralOutperform Votes
908
73.05%
Underperform Votes
335
26.95%

In the previous week, Globant had 2 more articles in the media than RingCentral. MarketBeat recorded 7 mentions for Globant and 5 mentions for RingCentral. RingCentral's average media sentiment score of 0.46 beat Globant's score of 0.09 indicating that Globant is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Globant
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
RingCentral
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Globant beats RingCentral on 12 of the 19 factors compared between the two stocks.

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.
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RNG vs. The Competition

MetricRingCentralData processing & preparation IndustryComputer SectorNYSE Exchange
Market Cap$2.84B$3.63B$24.41B$18.31B
Dividend YieldN/A2.21%2.67%3.50%
P/E Ratio-20.6427.05259.2724.87
Price / Sales1.293.93563.5415.28
Price / Cash11.3632.5033.2620.16
Price / Book-5.725.357.115.07
Net Income-$165.24M$42.40M$640.21M$972.20M
7 Day Performance10.21%5.23%3.12%4.04%
1 Month Performance7.40%5.01%3.88%5.21%
1 Year Performance-19.77%-4.89%12.87%8.58%

RingCentral Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GLOB
Globant
4.4412 of 5 stars
4.44 / 5 stars
$178.52
+0.4%
$216.44
+21.2%
-0.5%$7.69B$2.10B46.8629,150Analyst Forecast
Short Interest ↑
News Coverage
Positive News
BILI
Bilibili
1.5638 of 5 stars
1.56 / 5 stars
$16.96
-1.2%
$16.90
-0.4%
-4.7%$7.00B$3.19B-10.168,801Short Interest ↓
News Coverage
MARA
Marathon Digital
1.4137 of 5 stars
1.41 / 5 stars
$18.89
-0.7%
$19.33
+2.3%
+7.6%$5.34B$387.51M8.7960Analyst Forecast
PEGA
Pegasystems
4.9983 of 5 stars
5.00 / 5 stars
$57.29
+0.4%
$74.71
+30.4%
+6.4%$4.87B$1.43B69.875,406Short Interest ↑
Positive News
PAGS
PagSeguro Digital
2.1252 of 5 stars
2.13 / 5 stars
$12.92
+2.1%
$16.44
+27.3%
+30.5%$4.26B$3.19B11.647,273News Coverage
STNE
StoneCo
4.9915 of 5 stars
4.99 / 5 stars
$13.21
flat
$19.11
+44.7%
+4.8%$4.15B$11.76B11.9017,091Short Interest ↑
CLVT
Clarivate
2.4492 of 5 stars
2.45 / 5 stars
$5.50
flat
$7.78
+41.4%
-41.5%$3.68B$2.63B-3.3112,000
DXC
DXC Technology
3.9615 of 5 stars
3.96 / 5 stars
$18.69
+1.5%
$20.14
+7.7%
-30.7%$3.37B$13.67B50.51130,000Short Interest ↓
News Coverage
GDRX
GoodRx
2.801 of 5 stars
2.80 / 5 stars
$7.99
+0.9%
$9.32
+16.6%
+5.2%$3.00B$750.27M-798.20694
FIVN
Five9
3.4638 of 5 stars
3.46 / 5 stars
$40.00
-4.3%
$80.71
+101.8%
-50.2%$2.95B$910.49M-47.062,684Analyst Forecast
Short Interest ↓
News Coverage

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This page (NYSE:RNG) was last updated on 7/14/2024 by MarketBeat.com Staff

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