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RingCentral (DE:3RCA)
FRANKFURT:3RCA
RingCentral (3RCA) Stock Price & Analysis
4 Followers
3RCA Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€23.85 - €37.95
Previous Close€29.92
Volume40.00
Average Volume (3M)75.00
Market Cap
€2.77B
Enterprise Value€4.02B
Total Cash (Recent Filing)$222.19M
Total Debt (Recent Filing)$1.57B
Price to Earnings (P/E)―
Beta1.47
Next Earnings
Aug 01, 2024EPS Estimate
€0.81Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding92,174,189
10 Day Avg. Volume9
30 Day Avg. Volume75
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-2.68
Price to Sales (P/S)0.96
Price to Cash Flow (P/CF)5.70
P/FCF Ratio5.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.82
Enterprise Value/Gross Profit2.61
Enterprise Value/Ebitda20.01
Forecast
1Y Price Target
€35.50Price Target Upside18.65% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
RingCentral News
Bulls Say, Bears Say
Bulls Say
Large Customer WinsA record 40,000 seat contract win with a Fortune 500 retailer, beating Microsoft, stole the spotlight and validated RNG strategy around key verticals.
Product LaunchNICE launched 1CX, an all-in-one UCaaS solution that eliminates complexity, improves productivity, and provides a true end-to-end communication experience.
Revenue GuidanceRNG raised its full year subscription revenue guidance to $2.267-2.287 billion, with an annual growth of 8-9%.
Bears Say
Market PositionThe $5 price point for the new product is significantly below nearly every other UCaaS competitor in the market.
PartnershipsThe recent product developments are raising questions about the long-term partnership's stability.
Revenue GrowthRevenue growth guidance of 8% - 9% is below where annual recurring revenue exited the first quarter.
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Ownership Overview
13.24% Insiders
40.74% Mutual Funds
20.35% Other Institutional Investors
25.67% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by RingCentral
Desktop Users
Mobile Users
3RCA FAQ
What was RingCentral’s price range in the past 12 months?
RingCentral lowest stock price was €23.85 and its highest was €37.95 in the past 12 months.
What is RingCentral’s market cap?
Currently, no data Available
When is RingCentral’s upcoming earnings report date?
RingCentral’s upcoming earnings report date is Aug 01, 2024 which is in 12 days.
How were RingCentral’s earnings last quarter?
RingCentral released its earnings results on May 07, 2024. The company reported €0.799 earnings per share for the quarter, beating the consensus estimate of €0.733 by €0.066.
Is RingCentral overvalued?
According to Wall Street analysts RingCentral’s price is currently Undervalued.
Does RingCentral pay dividends?
RingCentral does not currently pay dividends.
What is RingCentral’s EPS estimate?
RingCentral’s EPS estimate is €0.81.
How many shares outstanding does RingCentral have?
RingCentral has 82,249,650 shares outstanding.
What happened to RingCentral’s price movement after its last earnings report?
RingCentral reported an EPS of €0.799 in its last earnings report, beating expectations of €0.733. Following the earnings report the stock price went up 13.533%.
Which hedge fund is a major shareholder of RingCentral?
Among the largest hedge funds holding RingCentral’s share is Maple Rock Capital Partners Inc.. It holds RingCentral’s shares valued at 41M.
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RingCentral Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€35.50 (18.65% Upside)
€35.50 (18.65% Upside)
Blogger Sentiment
Bullish
DE:3RCA Sentiment 77%
Sector Average 70%
Sector Average 70%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.56%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-8.47%
Trailing 12-Months
Company Description
RingCentral
Founded in 1999, California-based RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company's products include RingCentral Professional, RingCentral Office, RingCentral Glip, and RingCentral Fax.
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3RCA Company Deck
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3RCA Earnings Call
Q1 2024
0:00 / 0:00
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3RCA Revenue Breakdown
95.36% Subscriptions
4.64% Other
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3RCA Stock 12 Month Forecast
Average Price Target
€35.50
▲(18.65% Upside)
Technical Analysis
Best Analysts Covering 3RCA
1 Year
1 Year Success Rate
19/28 ratings generated profit
1 Year Average Return
+48.52%
reiterated a buy rating 8 months ago
Copying Terry Tillman's trades and holding each position for 1 Year would result in 67.86% of your transactions generating a profit, with an average return of +48.52% per trade.
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