RingCentral, Inc.
General ticker "RNG" information:
- Sector: Information Technology
- Industry: Software
- Capitalization: $2.7B (TTM average)
RingCentral, Inc. follows the US Stock Market performance with the rate: 34.9%.
Estimated limits based on current volatility of 1.3%: low 28.88$, high 29.65$
Factors to consider:
- Total employees count: 4260 as of 2024
- Top business risk factors: Market competition, Operational and conduct risks, New service development, Dependence on indirect sales channels, Economic downturns and volatility
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [28.22$, 50.54$]
- 2025-12-31 to 2026-12-31 estimated range: [26.57$, 48.36$]
Financial Metrics affecting the RNG estimates:
- Positive: with PPE of 9.9 at the end of fiscal year the price was neutral
- Positive: -3.60 < Operating profit margin, % of 0.11
- Positive: Operating cash flow per share per price, % of 14.28 > 13.24
- Negative: negative Industry operating cash flow (median)
- Negative: negative Net income
- Negative: Shareholder equity ratio, % of -30.95 <= 18.93
- Positive: Interest expense per share per price, % of 1.92 <= 3.41
- Negative: Investing cash flow per share per price, % of -3.23 <= -0.66
Short-term RNG quotes
Long-term RNG plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $1,988.33MM | $2,202.43MM | $2,400.39MM |
| Operating Expenses | $2,637.80MM | $2,401.24MM | $2,397.72MM |
| Operating Income | $-649.48MM | $-198.81MM | $2.67MM |
| Non-Operating Income | $-224.58MM | $41.97MM | $-49.90MM |
| Interest Expense | $4.81MM | $36.00MM | $65.00MM |
| R&D Expense | $362.26MM | $335.85MM | $329.32MM |
| Income(Loss) | $-874.05MM | $-156.84MM | $-47.23MM |
| Taxes | $5.11MM | $8.39MM | $11.06MM |
| Profit(Loss)* | $-879.17MM | $-165.24MM | $-58.29MM |
| Stockholders Equity | $-482.79MM | $-502.57MM | $-550.92MM |
| Inventory | $1.21MM | $1.49MM | $1.24MM |
| Assets | $2,073.66MM | $1,944.91MM | $1,779.87MM |
| Operating Cash Flow | $191.31MM | $399.66MM | $483.28MM |
| Capital expenditure | $90.43MM | $75.74MM | $83.07MM |
| Investing Cash Flow | $-87.21MM | $-90.45MM | $-109.36MM |
| Financing Cash Flow | $-98.22MM | $-358.02MM | $-351.08MM |
| Earnings Per Share** | $-9.23 | $-1.74 | $-0.63 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.