RingCentral Inc.
34.08
1.27 (3.87%)
At close: Jan 15, 2025, 9:57 AM

RingCentral Statistics

Share Statistics

RingCentral has 89.99M shares outstanding. The number of shares has increased by -2.52% in one year.

Shares Outstanding 89.99M
Shares Change (YoY) n/a
Shares Change (QoQ) -1.99%
Owned by Institutions (%) n/a
Shares Floating 88.00M
Failed to Deliver (FTD) Shares 1.57K
FTD / Avg. Volume 0.13%

Short Selling Information

The latest short interest is 4.80M, so 5.33% of the outstanding shares have been sold short.

Short Interest 4.80M
Short % of Shares Out 5.33%
Short % of Float 5.45%
Short Ratio (days to cover) 3.47

Valuation Ratios

The PE ratio is -19.5 and the forward PE ratio is 8.58.

PE Ratio -19.5
Forward PE 8.58
PS Ratio 1.46
Forward PS 1.1
PB Ratio -6.41
P/FCF Ratio 9.95
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

RingCentral Inc. has an Enterprise Value (EV) of 4.79B.

EV / Earnings -28.99
EV / Sales 2.17
EV / EBITDA 35.86
EV / EBIT -24.09
EV / FCF 14.79

Financial Position

The company has a current ratio of 1.34, with a Debt / Equity ratio of -3.09.

Current Ratio 1.34
Quick Ratio 1.34
Debt / Equity -3.09
Total Debt / Capitalization 147.91
Cash Flow / Debt 0.26
Interest Coverage -5.52

Financial Efficiency

Return on equity (ROE) is 0.33% and return on capital (ROIC) is -19.25%.

Return on Equity (ROE) 0.33%
Return on Assets (ROA) -0.08%
Return on Capital (ROIC) -19.25%
Revenue Per Employee 539.28K
Profits Per Employee -40.46K
Employee Count 4.08K
Asset Turnover 1.13
Inventory Turnover 445.24

Taxes

Income Tax 8.39M
Effective Tax Rate -0.05

Stock Price Statistics

The stock price has increased by -0.79% in the last 52 weeks. The beta is 0.99, so RingCentral 's price volatility has been higher than the market average.

Beta 0.99
52-Week Price Change -0.79%
50-Day Moving Average 37.1
200-Day Moving Average 33.28
Relative Strength Index (RSI) 35.47
Average Volume (20 Days) 1.24M

Income Statement

In the last 12 months, RingCentral had revenue of 2.20B and earned -165.24M in profits. Earnings per share was -1.74.

Revenue 2.20B
Gross Profit 1.54B
Operating Income -198.81M
Net Income -165.24M
EBITDA 133.56M
EBIT -198.81M
Earnings Per Share (EPS) -1.74
Full Income Statement

Balance Sheet

The company has 222.19M in cash and 1.59B in debt, giving a net cash position of -1.37B.

Cash & Cash Equivalents 222.19M
Total Debt 1.59B
Net Cash -1.37B
Retained Earnings -1.70B
Total Assets 1.82B
Working Capital 94.23M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 399.66M and capital expenditures -75.74M, giving a free cash flow of 323.92M.

Operating Cash Flow 399.66M
Capital Expenditures -75.74M
Free Cash Flow 323.92M
FCF Per Share 3.41
Full Cash Flow Statement

Margins

Gross margin is 69.84%, with operating and profit margins of -9.03% and -7.5%.

Gross Margin 69.84%
Operating Margin -9.03%
Pretax Margin -7.12%
Profit Margin -7.5%
EBITDA Margin 6.06%
EBIT Margin -9.03%
FCF Margin 14.71%

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 -5.3%
FCF Yield 10.98%
Dividend Details

Analyst Forecast

The average price target for RNG is $41.5, which is 26.5% higher than the current price. The consensus rating is "Hold".

Price Target $41.5
Price Target Difference 26.5%
Analyst Consensus Hold
Analyst Count 14
Stock Forecasts

Scores

Altman Z-Score 0.86
Piotroski F-Score 6