Ringcentral Stock Analysis

RNG -  USA Stock  

USD 156.46  1.03  0.65%

The big decline in price over the last few months for Ringcentral created some momentum for shareholders as it was traded today as low as 155.32 and as high as 166.26 per share. The company executives failed to add value to investors and positioning the company supply of money to exploit market volatility in December. However, diversifying your holdings with Ringcentral or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.41. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Ringcentral partners.
Additionally, take a look at Your Equity Center.

Ringcentral Stock Analysis 

 
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The Ringcentral stock analysis report makes it easy to digest most publicly released information about Ringcentral and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Ringcentral Stock analysis module also helps to analyze the Ringcentral price relationship with some important fundamental indicators such as market cap and management efficiency.

Ringcentral Stock Analysis Notes

About 97.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 2.86. Ringcentral had not issued any dividends in recent years. RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company was incorporated in 1999 and is headquartered in Belmont, California. Ringcentral operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 3140 people. To find out more about Ringcentral contact Vladimir Shmunis at 650 472-4100 or learn more at www.ringcentral.com.

Ringcentral Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Ringcentral's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Ringcentral or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Ringcentral generated a negative expected return over the last 90 days
Ringcentral has high historical volatility and very poor performance
Ringcentral is unlikely to experience financial distress in the next 2 years
The company reported the last year's revenue of 1.48 B. Reported Net Loss for the year was (259.72 M) with profit before taxes, overhead, and interest of 860.05 M.
Ringcentral has a frail financial position based on the latest SEC disclosures
Over 97.0% of the company shares are owned by institutional investors
Latest headline from oxfordspokesman.com: Online Meeting Software Market Analysis By 2029 Nextiva, RingCentral, Jive Communications, Vonage Business The Oxford Spokesman - The Oxford Spokesman

Ringcentral Upcoming and Recent Events

Earnings reports are used by Ringcentral to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ringcentral previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report15th of February 2022
Next Earnings Report3rd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End15th of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Ringcentral Largest EPS Surprises

Earnings surprises can significantly impact Ringcentral's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-02-04
2015-12-310.00160.010.0084525 
2016-04-27
2016-03-310.00110.010.0089809 
2017-04-25
2017-03-310.0210.030.00942 
View All Earnings Estimates

Ringcentral Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Ringcentral is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ringcentral backward and forwards among themselves. Ringcentral's institutional investor refers to the entity that pools money to purchase Ringcentral's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Russell Investments Group LtdCommon Shares343.5 K64.4 M
Chicago Capital LlcCommon Shares118.8 K22.3 M
National Bank Of CanadaCommon Shares85.3 K16 M
Aegon Asset Management Uk PlcCommon Shares70.1 K13.1 M
Stanleylaman Group LtdCommon Shares46.2 K8.7 M
Liontrust Investment Partners LlpCommon Shares32.2 KM
Rheos Capital Works IncCommon Shares29.8 K5.6 M
Cheyne Capital Management Uk LlpDebtM4.8 M
Note, although Ringcentral's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Ringcentral Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 16.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ringcentral's market, we take the total number of its shares issued and multiply it by Ringcentral's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Ringcentral Profitablity

Ringcentral's profitability indicators refer to fundamental financial ratios that showcase Ringcentral's ability to generate income relative to its revenue or operating costs. If, let's say, Ringcentral is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ringcentral's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ringcentral's profitability requires more research than a typical breakdown of Ringcentral's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (17.54) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (15.35) %, which entails that for every $100 of revenue, it lost -0.15.
Last ReportedProjected for 2022
Return on Investment(7.15) (7.72) 
Return on Average Assets(4.11) (4.43) 
Return on Average Equity(14.12) (15.24) 
Return on Invested Capital(4.63) (4.99) 
Return on Sales(0.1) (0.10) 

Management Efficiency

The entity has Return on Asset of (6.96) % which means that on every $100 spent on asset, it lost $6.96. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (151.44) %, meaning that it generated no profit with money invested by stockholders. Ringcentral management efficiency ratios could be used to measure how well ringcentral manages its routine affairs as well as how well it operates its assets and liabilities. As of January 27, 2022, Return on Investment is expected to decline to -7.72. In addition to that, Return on Average Assets is expected to decline to -4.43. Ringcentral Current Assets are projected to increase significantly based on the last few years of reporting. The past year's Current Assets were at 833.52 Million. The current year Revenue to Assets is expected to grow to 0.64, whereas Goodwill and Intangible Assets are forecasted to decline to about 11.3 M.
Last ReportedProjected for 2022
Book Value per Share 1.39  1.25 
Enterprise Value over EBIT(55.20) (59.56) 
Enterprise Value over EBITDA(95.75) (103.31) 
Price to Book Value 17.47  17.63 
Tangible Assets Book Value per Share 3.25  3.56 
Enterprise Value1.4 B1.3 B
Tangible Asset Value181.9 M158.8 M

Technical Drivers

As of the 27th of January, Ringcentral holds the risk adjusted performance of (0.11), and Coefficient Of Variation of (720.64). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ringcentral, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Ringcentral, which can be compared to its competitors. Please check Ringcentral variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Ringcentral is priced some-what accurately, providing market reflects its current price of 156.46 per share. Given that Ringcentral has jensen alpha of (0.55), we recommend you to check out Ringcentral's recent market performance to make sure the company can sustain itself at a future point.

Ringcentral Price Movement Analysis

Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Triangular Moving Average shows Ringcentral double smoothed mean price over a specified number of previous prices (i.e., averaged twice). View also all equity analysis or get more info about triangular moving average overlap studies indicator.

Ringcentral Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ringcentral insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ringcentral's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ringcentral insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Ringcentral Predictive Daily Indicators

Ringcentral intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ringcentral stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Ringcentral Forecast Models

Ringcentral time-series forecasting models is one of many Ringcentral's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ringcentral's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Ringcentral Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Ringcentral stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ringcentral shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Ringcentral. By using and applying Ringcentral Stock analysis, traders can create a robust methodology for identifying Ringcentral entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(8.61) (9.29) 
EBITDA Margin 0.53  0.57 
Gross Margin 65.39  63.00 
Profit Margin(6.31) (6.81) 
RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company was incorporated in 1999 and is headquartered in Belmont, California. Ringcentral operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 3140 people.

Current Ringcentral Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ringcentral analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ringcentral analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
358.67Buy21Odds
Ringcentral current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ringcentral analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ringcentral stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ringcentral, talking to its executives and customers, or listening to Ringcentral conference calls.
Ringcentral Analyst Advice Details

Ringcentral Stock Analysis Indicators

Ringcentral stock analysis indicators help investors evaluate how Ringcentral stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ringcentral shares will generate the highest return on investment. By understating and applying Ringcentral stock analysis, traders can identify Ringcentral position entry and exit signals to maximize returns.
Quick Ratio1.18
Fifty Two Week Low160.39
Revenue Growth36.60%
Shares Short Prior Month7.29M
Average Daily Volume Last 10 Day1.19M
Average Daily Volume In Three Month1.33M
Shares Percent Shares Out8.06%
Gross Margins72.75%
Short Percent Of Float10.47%
Forward Price Earnings105.18
Float Shares76.67M
Fifty Two Week High449.00
Enterprise Value To Ebitda-134.92
Fifty Day Average201.99
Two Hundred Day Average246.82
Enterprise Value To Revenue11.57
Additionally, take a look at Your Equity Center. Note that the Ringcentral information on this page should be used as a complementary analysis to other Ringcentral's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Ringcentral price analysis, check to measure Ringcentral's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ringcentral is operating at the current time. Most of Ringcentral's value examination focuses on studying past and present price action to predict the probability of Ringcentral's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ringcentral's price. Additionally, you may evaluate how the addition of Ringcentral to your portfolios can decrease your overall portfolio volatility.
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Is Ringcentral's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ringcentral. If investors know Ringcentral will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ringcentral listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ringcentral is measured differently than its book value, which is the value of Ringcentral that is recorded on the company's balance sheet. Investors also form their own opinion of Ringcentral's value that differs from its market value or its book value, called intrinsic value, which is Ringcentral's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ringcentral's market value can be influenced by many factors that don't directly affect Ringcentral's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ringcentral's value and its price as these two are different measures arrived at by different means. Investors typically determine Ringcentral value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ringcentral's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.