RingCentral Inc. (RNG)
RingCentral Statistics
Share Statistics
RingCentral has 90.72M shares outstanding. The number of shares has increased by -2.52% in one year.
| Shares Outstanding | 90.72M |
| Shares Change (YoY) | -2.52% |
| Shares Change (QoQ) | -1.99% |
| Owned by Institutions (%) | 89.49% |
| Shares Floating | 88.4M |
| Failed to Deliver (FTD) Shares | 323 |
| FTD / Avg. Volume | 0.02% |
Short Selling Information
The latest short interest is 5.16M, so 5.73% of the outstanding shares have been sold short.
| Short Interest | 5.16M |
| Short % of Shares Out | 5.73% |
| Short % of Float | 5.86% |
| Short Ratio (days to cover) | 4.54 |
Valuation Ratios
The PE ratio is -55.32 and the forward PE ratio is 8.48. RingCentral's PEG ratio is 0.87.
| PE Ratio | -55.32 |
| Forward PE | 8.48 |
| PS Ratio | 1.34 |
| Forward PS | 0.9 |
| PB Ratio | -9.18 |
| P/FCF Ratio | 7.04 |
| PEG Ratio | 0.87 |
Enterprise Valuation
RingCentral Inc. has an Enterprise Value (EV) of 4.79B.
| EV / Earnings | -82.18 |
| EV / Sales | 2 |
| EV / EBITDA | 19.93 |
| EV / EBIT | 1793.96 |
| EV / FCF | 10.45 |
Financial Position
The company has a current ratio of 1.16, with a Debt / Equity ratio of -0.6.
| Current Ratio | 1.16 |
| Quick Ratio | 1.16 |
| Debt / Equity | -0.6 |
| Total Debt / Capitalization | -150.18 |
| Cash Flow / Debt | 2.29 |
| Interest Coverage | 0.04 |
Financial Efficiency
Return on equity (ROE) is 0.17% and return on capital (ROIC) is -2.35%.
| Return on Equity (ROE) | 0.17% |
| Return on Assets (ROA) | -0.03% |
| Return on Capital (ROIC) | -2.35% |
| Revenue Per Employee | $563,473 |
| Profits Per Employee | $-13,682.63 |
| Employee Count | 4,260 |
| Asset Turnover | 1.35 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 11.06M |
| Effective Tax Rate | -0.23 |
Stock Price Statistics
The stock price has increased by -21.5% in the last 52 weeks. The beta is 1.21, so RingCentral's price volatility has been higher than the market average.
| Beta | 1.21 |
| 52-Week Price Change | -21.5% |
| 50-Day Moving Average | 30.97 |
| 200-Day Moving Average | 32.75 |
| Relative Strength Index (RSI) | 38.29 |
| Average Volume (20 Days) | 1.52M |
Income Statement
In the last 12 months, RingCentral had revenue of 2.4B and earned -58.29M in profits. Earnings per share was -0.63.
| Revenue | 2.4B |
| Gross Profit | 1.69B |
| Operating Income | 2.67M |
| Net Income | -58.29M |
| EBITDA | 240.38M |
| EBIT | 2.67M |
| Earnings Per Share (EPS) | -0.63 |
Balance Sheet
The company has 242.81M in cash and 210.99M in debt, giving a net cash position of 31.83M.
| Cash & Cash Equivalents | 242.81M |
| Total Debt | 210.99M |
| Net Cash | 31.83M |
| Retained Earnings | -1.76B |
| Total Assets | 1.78B |
| Working Capital | 122.32M |
Cash Flow
In the last 12 months, operating cash flow was 483.28M and capital expenditures -24.99M, giving a free cash flow of 458.28M.
| Operating Cash Flow | 483.28M |
| Capital Expenditures | -24.99M |
| Free Cash Flow | 458.28M |
| FCF Per Share | 4.98 |
Margins
Gross margin is 70.61%, with operating and profit margins of 0.11% and -2.43%.
| Gross Margin | 70.61% |
| Operating Margin | 0.11% |
| Pretax Margin | -1.97% |
| Profit Margin | -2.43% |
| EBITDA Margin | 10.01% |
| EBIT Margin | 0.11% |
| FCF Margin | 19.09% |
Dividends & Yields
RNG does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -2.31% |
| FCF Yield | 18.52% |
Analyst Forecast
The average price target for RNG is $38, which is 39.3% higher than the current price. The consensus rating is "Hold".
| Price Target | $38 |
| Price Target Difference | 39.3% |
| Analyst Consensus | Hold |
| Analyst Count | 13 |
Scores
| Altman Z-Score | 0.79 |
| Piotroski F-Score | 7 |