RNG

Here Are the Facts You Need to Understand RingCentral (RNG)

After moving 7.7% during today's aftermarket session, RingCentral is now trading at a price of $48.41 per share. On average, analysts give it a target price of $52.58.

RingCentral, Inc. offers software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America.

Potential RingCentral will want to analyze the following:

  • The company has a net profit margin of -37.3%, compared to its operating margins of -0.21%. Its Revenues have a year-on-year growth rate of 22.8%, compared to a YoY growth rate of 0.0% for its earnings.

  • Based on its trailing earning per share of -7.52, RingCentral has a trailing 12 month Price to Earnings (P/E) ratio of -6.44

  • RNG has a forward P/E ratio of 14.6.

  • The company has a price to earnings growth (PEG) ratio of 0.438. A number between 0 and 1 could mean that the market is undervaluing RingCentral's estimated growth potential

  • Its Price to Book (P/B) ratio is 102.83

Date Reported Revenue (k) Operating Expenses (k) Operating Margin YoY Growth
2021-12-31 $1,528,636 $1,448,171 -19.74% -96.03%
2020-12-31 $1,124,046 $973,289 -10.07% -94.4%
2019-12-31 $882,451 $717,490 -5.18% -107.2%
2018-12-31 $656,571 $532,931 -2.5% -135.85%
2017-12-31 $503,617 $387,684 -1.06% n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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