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RingCentral Inc Class A RNG Stock Quote

| Rating as of

NYSE: RNG

Last close prices updated as of Feb 03, 2023, 4:10 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 44.72
  • Sector Technology
  • Industry Software - Application
  • Investment Style Small Blend
  • Day Range 43.51  –  45.97
  • Year Range 28.00  –  179.17
  • Market Cap 4.2942 Bil
  • Volume / Avg 1.5 Mil /  2.0 Mil
  • Price / Sales 2.28
  • Price / Book 96.68
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis RNG

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

RingCentral Is Well Positioned to Ride the Cloud Wave in Communication Modernization

Dan Romanoff Senior Equity Analyst

Business Strategy and Outlook

| Dan Romanoff |

RingCentral is a leading provider of unified communications as a service, or UCaaS, software that combines voice, video, and messaging communication modalities in one simple cloud-based application. This approach to communications provides greater flexibility to the company, its employees, and the customers it communicates with on a daily basis. We think the core importance of communication, combined with the company’s leadership position, provides RingCentral with a significant growth opportunity. However, uneven returns and intensifying competition inform our no-moat rating.

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Key Statistics RNG

Company Profile RNG

Business Description

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 standalone video meetings solution, and webinars.

Contact
20 Davis Drive
Belmont, CA, 94002
Industry Software - Application
Employees 3,919

Related Articles RNG

FAQs for RingCentral Inc Class A Stock

No. RNG does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

RNG’s market cap is 4.29 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

RNG’s stock style is Small Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

RNG’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare RNG’s historical performance against its industry peers and the overall market.