RingCentral, Inc.(RNG) Stock Research - Grey Stern Research

RingCentral, Inc. (RNG) Stock Analysis

$39.97 (7.88%)

RNG Financial Performance


Use the table below to view RingCentral, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $37.05 -
52 Week Low $26.98 -
52 Week High $40.98 -
Market Cap $3.4 Billion 14/17
Gross Margin 70% 13/17
Profit Margin -1% 11/17
EBITDA margin -35% 15/17
Q3 - 2024 Revenue $608.8 Million 9/17
Q3 - 2024 Earnings -$7.9 Million 11/17
Q3 - 2024 Free Cash Flow $148.5 Million 8/17
Trailing 4 Quarters Revenue $2.4 Billion 9/17
Trailing 4 Quarters Earnings -$98.3 Million 14/17
Quarterly Earnings Growth 81% 4/17
Annual Earnings Growth 8% 11/17
Quarterly Revenue Growth 9% 13/17
Annual Revenue Growth 8% 13/17
Cash On Hand $212.7 Million 12/17
Short Term Debt $181.1 Million 3/17
Long Term Debt $1.4 Billion 4/17

RingCentral, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare RingCentral, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE -1.00 11/17
PS 1.42 15/17
PB 0.00 16/17
PC 15.76 14/17
Liabilities to Equity 0.00 16/17
ROA -0.05 12/17
ROE 0.28 3/17
Current Ratio 0.84 16/17
Quick Ratio 0.10 16/17
Long Term Debt to Equity -4.00 17/17
Debt to Equity -4.52 17/17
Burn Rate 1.96 11/17
Cash to Cap 0.06 4/17
CCR -18.90 17/17
EV to EBITDA -21.75 9/17
EV to Revenue 1.99 15/17

Company Details

RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company offers business cloud communications and contact center solutions based on its Message Video Phone? platform. Its products include RingCentral Office that provides communication and collaboration across various modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers omni-channel; and RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their customers. The company's products also comprise RingCentral Engage Voice, a cloud-based outbound/blended customer engagement platform for midsize and enterprise companies; RingCentral Video, a video meeting service which includes our RCV video and team messaging capabilities and offers video and audio conferencing, file sharing, contact, task, and calendar management. In addition, it offers RingCentral Professional, a cloud based virtual telephone service that provides inbound call answering and management services for professionals; and RingCentral Fax that provides online fax capabilities. The company serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, and state and local government, as well as others. It sells its products through a network of direct sales representatives, as well as sales agents, resellers, and channel partners. RingCentral, Inc. has strategic partnerships with Alcatel-Lucent Enterprise; and Vodafone Business. The company was incorporated in 1999 and is headquartered in Belmont, California.

CEO: Mr. Vladimir Shmunis

Website: https://www.ringcentral.com

Address: 20 Davis Dr Belmont California, CALIFORNIA

Exchange: New York Stock Exchange

Industry: Software—Application

RingCentral, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to RingCentral, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Autodesk, Inc. ADSK $64.3 Billion
ServiceNow, Inc. NOW $217.8 Billion
Intuit Inc. INTU $178.0 Billion
Workday, Inc. WDAY $68.4 Billion
LivePerson, Inc. LPSN $80.9 Million
HubSpot, Inc. HUBS $37.1 Billion
Elastic N.V. ESTC $11.7 Billion
Domo, Inc. DOMO $373.6 Million
Zoom Video Communications, Inc. ZM $25.3 Billion
Datadog, Inc. DDOG $52.7 Billion
ZoomInfo Technologies Inc. ZI $3.8 Billion
Snowflake Inc. SNOW $58.1 Billion
C3.ai, Inc. AI $4.5 Billion
Sprinklr, Inc. CXM $2.1 Billion
monday.com Ltd. MNDY $14.0 Billion
GitLab Inc. GTLB $10.2 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
RNG Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 608.8 Million -$7.9 Million
Q2 2024 $ 592.9 Million -$14.8 Million
Q1 2024 $ 584.2 Million -$28.5 Million
Q4 2023 $ 571.3 Million -$47.2 Million
Q3 2023 $ 558.2 Million -$42.1 Million
Q2 2023 $ 539.3 Million -$21.5 Million
Q1 2023 $ 533.7 Million -$54.4 Million
Q4 2022 $ 524.7 Million -$284.1 Million

View All

RNG Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $212.7 Million $1.8 Billion $1.6 Billion -$345.9 Million
Q2 2024 $199.3 Million $1.8 Billion $1.8 Billion -$528.3 Million
Q1 2024 $203.1 Million $1.9 Billion $1.8 Billion -$522.4 Million
Q4 2023 $222.2 Million $1.9 Billion $1.6 Billion -$303.1 Million
Q3 2023 $432.4 Million $2.2 Billion $1.8 Billion -$484.5 Million
Q2 2023 $225.4 Million $2.0 Billion $1.6 Billion -$471.8 Million
Q1 2023 $274.8 Million $2.0 Billion $1.7 Billion -$472.0 Million
Q4 2022 $270.0 Million $2.1 Billion $1.7 Billion -$482.8 Million

View All

RNG Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $148.5 Million $19.1 Million $13.3 Million
Q2 2024 $108.5 Million -$18.3 Million -$3.8 Million
Q1 2024 $74.8 Million -$19.4 Million -$19.1 Million
Q4 2023 $151.5 Million $0 $151.5 Million
Q3 2023 $70.0 Million -$16.6 Million $207.0 Million
Q2 2023 $72.9 Million -$17.8 Million -$49.5 Million
Q1 2023 $87.2 Million -$21.3 Million $4.8 Million
Q4 2022 $16.4 Million -$23.0 Million -$35.4 Million

View All

Cookies

We use cookies to offer a better browsing experience. Cookies enhance site navigation, analyze site usage, and assist in our marketing efforts. By clicking Accept. you agree to the storing of cookies on your device. To refuse all non-required cookies, click on Decline.

Accept View Terms & Conditions