RingCentral Inc Class A RNG

Morningstar Rating
$78.28 −0.03 (0.04%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

RNG is trading at a LOCK|#%pRy? premium.
Price
$78.31
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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News

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Trading Information

Previous Close Price
$78.31
Day Range
$77.12–79.79
52-Week Range
$24.14–81.90
Bid/Ask
$77.00 / $79.00
Shares Outstanding
83.51M
Market Cap
$6.54B
Volume/Avg
1M / 2M

Key Statistics

Price/Earnings (Normalized)
16.56
Price/Sales
2.68
Dividend Yield (Trailing)
0.35%
Dividend Yield (Forward)
0.35%
Dividend Payment Schedule
Mar, Jun, Aug
Total Yield
6.89%

Company Profile

RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a stand-alone video meetings solution, and webinars.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Core
Total Number of Employees
7,378

Valuation

Metric
RNG
Price/Earnings (Normalized)
16.56
Price/Book Value
—
Price/Sales
2.68
Price/Cash Flow
8.59
Price/Earnings
RNG

Financial Strength

Metric
RNG
Quick Ratio
0.76
Current Ratio
1.11
Interest Coverage
2.98
Quick Ratio
RNG

Profitability

Metric
RNG
Return on Assets (Normalized)
28.17%
Return on Equity (Normalized)
—
Return on Invested Capital (Normalized)
68.08%
Return on Assets
RNG

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