RingCentral Inc Class A RNG

Morningstar Rating
$72.43 +0.11 (0.15%)
View Full Chart

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|B?$c@$T premium.
Price
$72.32
Fair Value
@X
Uncertainty
LOCK|j< %jb!%
1-Star Price
LOCK|.>c%
5-Star Price
LOCK|.^
Economic Moat
LOCK|>#^
Capital Allocation
LOCK|#!x

News

Articles & Videos

Trading Information

Previous Close Price
$72.32
Day Range
$70.2473.08
52-Week Range
$24.1477.95
Bid/Ask
$71.17 / $75.90
Shares Outstanding
83.51M
Market Cap
$6.05B
Volume/Avg
1M / 2M

Key Statistics

Price/Earnings (Normalized)
15.31
Price/Sales
2.48
Dividend Yield (Trailing)
0.38%
Dividend Yield (Forward)
0.38%
Dividend Payment Schedule
Mar, Jun, Aug
Total Yield
7.45%

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)
15.31
Price/Book Value
Price/Sales
2.48
Price/Cash Flow
7.94
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

Software - Application Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
SAP SE ADR
SAP
LOCK|<h<y?<LOCK|z!$249B
Salesforce Inc
CRM
LOCK|%FrQ&HLOCK|WXtL<$210B
Shopify Inc Registered Shs -A- Subord Vtg
SHOP
LOCK|F>?s>bLOCK|CY&@$167B
ServiceNow Inc
NOW
LOCK|$PnS@&>!LOCK|w&?%$147B
Uber Technologies Inc
UBER
LOCK|RkP<@j@LOCK|yR^V$146B
Snowflake Inc Ordinary Shares
SNOW
LOCK|Z?Ss>$rLOCK|^J?$114B
Automatic Data Processing Inc
ADP
LOCK|#@SZqxkLOCK|?%>%$110B
Adobe Inc
ADBE
LOCK|^^#ny#@LOCK|Q>Hhb$102B
Intuit Inc
INTU
LOCK|$Jq&%#fLOCK|Nlf#$88B
Datadog Inc Class A
DDOG
LOCK|$FvX%lnLOCK|tJT$83B

Sponsor Center