RNG RSI Chart
Last 7 days
1.3%
Last 30 days
-7.5%
Last 90 days
-8.9%
Trailing 12 Months
12.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 2.1B | 2.1B | 2.2B | 2.2B |
2022 | 1.7B | 1.8B | 1.9B | 2.0B |
2021 | 1.3B | 1.4B | 1.5B | 1.6B |
2020 | 968.9M | 1.0B | 1.1B | 1.2B |
2019 | 724.8M | 779.1M | 838.6M | 902.9M |
2018 | 541.7M | 582.6M | 626.2M | 673.6M |
2017 | 405.4M | 433.5M | 466.9M | 503.6M |
2016 | 317.4M | 338.6M | 358.7M | 379.7M |
2015 | 236.9M | 254.8M | 274.7M | 296.2M |
2014 | 173.2M | 188.3M | 203.3M | 219.9M |
2013 | 125.2M | 135.9M | 148.3M | 160.5M |
2012 | 87.8M | 96.7M | 105.6M | 114.5M |
2011 | 0 | 0 | 0 | 78.9M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 01, 2024 | agarwal vaibhav | sold | -68,539 | 34.546 | -1,984 | deputy chief financial officer |
Mar 15, 2024 | agarwal vaibhav | sold | -491,655 | 34.837 | -14,113 | deputy chief financial officer |
Mar 08, 2024 | goldman kenneth a | sold | -46,368 | 36.056 | -1,286 | - |
Mar 07, 2024 | goldman kenneth a | sold | -44,357 | 34.4659 | -1,287 | - |
Mar 01, 2024 | bhatt prat | acquired | - | - | - | - |
Mar 01, 2024 | bhatt prat | acquired | - | - | 4,465 | - |
Feb 28, 2024 | segal ned d. | acquired | - | - | 7,718 | - |
Feb 23, 2024 | parekh sonalee elizabeth | sold | -630,729 | 30.8349 | -20,455 | chief financial officer |
Feb 22, 2024 | shmunis vladimir | sold | -4,169,570 | 30.312 | -137,555 | ceo and chairman |
Feb 22, 2024 | marlow john h | sold | -1,725,340 | 30.3154 | -56,913 | svp, cao & general counsel |
Which funds bought or sold RNG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | SG Americas Securities, LLC | reduced | -57.13 | -397,000 | 311,000 | -% |
May 06, 2024 | Advisory Services Network, LLC | added | 44.67 | 136,431 | 420,423 | 0.01% |
May 06, 2024 | Parallel Advisors, LLC | reduced | -13.86 | -668 | 4,968 | -% |
May 06, 2024 | LMCG INVESTMENTS, LLC | reduced | -30.08 | -315,326 | 792,836 | 0.05% |
May 06, 2024 | HighTower Advisors, LLC | reduced | -4.54 | -10,000 | 374,000 | -% |
May 06, 2024 | Manchester Capital Management LLC | new | - | 695 | 695 | -% |
May 06, 2024 | Savant Capital, LLC | new | - | 320,616 | 320,616 | -% |
May 06, 2024 | TEACHER RETIREMENT SYSTEM OF TEXAS | new | - | 751,000 | 751,000 | -% |
May 06, 2024 | Jefferies Financial Group Inc. | added | 116 | 667,017 | 1,119,230 | 0.01% |
May 06, 2024 | NEW YORK LIFE INVESTMENT MANAGEMENT LLC | reduced | -7.82 | -21,851 | 363,380 | -% |
Unveiling RingCentral Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to RingCentral Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CRM | 268.8B | 34.9B | 64.99 | 7.71 | ||||
UBER | 146.2B | 37.3B | 77.47 | 3.92 | ||||
ADSK | 45.9B | 5.3B | 50.03 | 8.58 | ||||
ANSS | 28.4B | 2.2B | 65.29 | 12.74 | ||||
ZM | 18.7B | 4.5B | 29.32 | 4.13 | ||||
MID-CAP | ||||||||
APPF | 9.0B | 671.8M | 117.4 | 13.36 | ||||
LYFT | 6.4B | 4.4B | -18.78 | 1.45 | ||||
ALRM | 3.5B | 881.7M | 43.42 | 3.96 | ||||
AYX | 3.4B | 970.0M | -19.13 | 3.53 | ||||
AI | 3.0B | 296.4M | -10.99 | 10.07 | ||||
AGYS | 2.2B | 228.1M | 25.28 | 9.67 | ||||
SMALL-CAP | ||||||||
AVID | 1.2B | 413.5M | 92.02 | 2.88 | ||||
AEYE | 221.1M | 31.6M | -37.66 | 6.99 | ||||
APPS | 220.4M | 572.4M | -1.11 | 0.39 | ||||
ASUR | 188.4M | 117.7M | -19.11 | 1.6 |
RingCentral Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.3% | 571 | 558 | 539 | 534 | 525 | 509 | 487 | 468 | 448 | 415 | 379 | 352 | 335 | 304 | 278 | 268 | 253 | 233 | 215 | 201 | 189 |
Gross Profit | 3.0% | 401 | 389 | 375 | 373 | 364 | 342 | 329 | 312 | 312 | 304 | 274 | 255 | 243 | 221 | 201 | 194 | 186 | 174 | 162 | 151 | 145 |
Operating Expenses | 0.6% | 446 | 443 | 420 | 428 | 620 | 524 | 436 | 416 | 416 | 387 | 348 | 297 | 272 | 251 | 231 | 220 | 206 | 184 | 169 | 158 | 148 |
S&GA Expenses | 0.7% | 273 | 271 | 264 | 260 | 275 | 262 | 265 | 254 | 246 | 225 | 203 | 179 | 162 | 153 | 138 | 131 | 126 | 110 | 104 | 100 | 92.00 |
R&D Expenses | -0.7% | 85.00 | 85.00 | 80.00 | 85.00 | 89.00 | 87.00 | 97.00 | 90.00 | 87.00 | 84.00 | 76.00 | 63.00 | 57.00 | 48.00 | 44.00 | 41.00 | 39.00 | 35.00 | 33.00 | 30.00 | 27.00 |
EBITDA Margin | 194.3% | 0.05* | -0.05* | -0.18* | -0.25* | -0.31* | -0.29* | -0.22* | -0.20* | -0.12* | -0.07* | 0.01* | 0.09* | 0.04* | -0.02* | -0.02* | -0.05* | 0.00* | 0.01* | 0.01* | 0.01* | 0.02* |
Interest Expenses | 35.7% | 17.00 | 12.00 | 5.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 16.00 | 16.00 | 16.00 | 16.00 | 17.00 | 13.00 | 13.00 | 8.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
Income Taxes | 155.8% | 2.00 | -3.78 | 7.00 | 3.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.23 | -0.10 | 0.00 | -3.10 | -0.12 |
Earnings Before Taxes | 1.7% | -45.11 | -45.90 | -14.53 | -51.31 | -281 | -283 | -158 | -149 | -117 | -146 | -110 | 0.00 | -1.70 | -20.53 | 1.00 | -60.51 | -25.47 | -12.90 | -9.13 | -9.44 | -5.81 |
EBT Margin | 61.0% | -0.07* | -0.18* | -0.30* | -0.38* | -0.44* | -0.37* | -0.31* | -0.31* | -0.23* | -0.17* | -0.10* | -0.02* | -0.07* | -0.10* | -0.10* | -0.11* | -0.06* | -0.04* | -0.04* | -0.05* | -0.04* |
Net Income | -12.2% | -47.24 | -42.12 | -21.48 | -54.40 | -284 | -284 | -159 | -150 | -118 | -146 | -110 | -0.19 | -1.83 | -20.96 | 1.00 | -60.72 | -25.26 | -12.75 | -9.24 | -6.36 | -5.68 |
Net Income Margin | 59.8% | -0.08* | -0.19* | -0.31* | -0.38* | -0.44* | -0.37* | -0.32* | -0.31* | -0.24* | -0.18* | -0.10* | -0.02* | -0.07* | -0.10* | -0.10* | -0.11* | -0.06* | -0.04* | -0.04* | -0.04* | -0.04* |
Free Cashflow | 31.1% | 108 | 82.00 | 86.00 | 100 | 30.00 | 34.00 | 42.00 | 52.00 | 40.00 | 36.00 | 19.00 | 28.00 | -12.11 | -91.23 | 18.00 | 6.00 | -12.57 | 20.00 | 16.00 | 13.00 | 14.00 |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -10.9% | 1,945 | 2,182 | 1,960 | 2,046 | 2,074 | 2,316 | 2,519 | 2,568 | 2,579 | 1,966 | 1,969 | 2,070 | 2,185 | 2,116 | 1,965 | 1,872 | 1,451 | 1,059 | 1,012 | 966 | 894 |
Current Assets | -19.4% | 849 | 1,052 | 804 | 851 | 796 | 775 | 739 | 721 | 651 | 694 | 648 | 744 | 926 | 993 | 1,002 | 972 | 536 | 765 | 735 | 704 | 708 |
Cash Equivalents | -48.6% | 222 | 432 | 225 | 275 | 270 | 305 | 306 | 302 | 267 | 345 | 325 | 463 | 640 | 746 | 774 | 762 | 344 | 583 | 568 | 549 | 566 |
Inventory | 28.1% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 5.00 | 6.00 | 6.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Net PPE | 0.4% | 184 | 184 | 186 | 187 | 185 | 182 | 178 | 173 | 167 | 159 | 153 | 146 | 142 | 133 | 114 | 98.00 | 89.00 | 84.00 | 79.00 | 74.00 | 70.00 |
Goodwill | 1.3% | 67.00 | 66.00 | 55.00 | 55.00 | 54.00 | 53.00 | 54.00 | 55.00 | 55.00 | 56.00 | 57.00 | 56.00 | 57.00 | 56.00 | 55.00 | 55.00 | 55.00 | 55.00 | 56.00 | 55.00 | 25.00 |
Liabilities | -8.9% | 2,248 | 2,468 | 2,233 | 2,319 | 2,357 | 2,361 | 2,358 | 2,320 | 2,041 | 1,920 | 1,876 | 1,853 | 1,872 | 1,817 | 1,416 | 1,381 | 705 | 690 | 657 | 634 | 577 |
Current Liabilities | 4.5% | 633 | 605 | 592 | 591 | 653 | 639 | 622 | 576 | 526 | 476 | 447 | 444 | 438 | 369 | 371 | 308 | 281 | 268 | 246 | 229 | 199 |
Long Term Debt | -14.4% | 1,525 | 1,781 | 1,559 | - | 1,638 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Current | -100.0% | - | 20.00 | 20.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | -14.4% | 1,525 | 1,781 | 1,559 | - | 1,638 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | - | - | - | - | - | - | - | - | 49.00 | 339 | 45.00 | 92.00 | 213 | 308 | 298 | 542 | 490 | 746 | 369 | 356 | 331 | 318 |
Retained Earnings | -2.9% | -1,699 | -1,651 | -1,609 | -1,588 | -1,533 | -1,249 | -965 | -805 | -748 | -630 | -483 | -372 | -372 | -370 | -349 | -350 | -289 | -264 | -251 | -242 | -235 |
Additional Paid-In Capital | 2.9% | 1,205 | 1,171 | 1,143 | 1,123 | 1,060 | 1,023 | 937 | 856 | 1,087 | 673 | 571 | 582 | 674 | 665 | 890 | 840 | 1,033 | 633 | 605 | 571 | 551 |
Accumulated Depreciation | 6.3% | 333 | 314 | 298 | 278 | 259 | 240 | 224 | 209 | 193 | 179 | 165 | 151 | 138 | 127 | 116 | 107 | 99.00 | 92.00 | 86.00 | 80.00 | 76.00 |
Shares Outstanding | 0.3% | 95.00 | 95.00 | 96.00 | 96.00 | 95.00 | 95.00 | 95.00 | 95.00 | 92.00 | 91.00 | 91.00 | 91.00 | 89.00 | 88.00 | 88.00 | 87.00 | 83.00 | 82.00 | 82.00 | 81.00 | 80.00 |
Float | - | - | - | 2,800 | - | - | - | 4,500 | - | 23,900 | - | 23,900 | - | - | - | 22,600 | - | - | - | 8,400 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 31.5% | 113,844 | 86,594 | 90,691 | 108,533 | 39,372 | 42,260 | 50,678 | 58,995 | 47,651 | 43,029 | 24,516 | 36,955 | -2,484 | -72,816 | 27,040 | 13,069 | -6,162 | 26,760 | 24,051 | 20,197 | 23,028 |
Share Based Compensation | 0.4% | 112,146 | 111,682 | 104,660 | 98,191 | 92,232 | 95,658 | 100,511 | 97,608 | 103,216 | 104,426 | 95,361 | 54,962 | 52,190 | 51,566 | 49,255 | 36,589 | 29,664 | 27,376 | 24,916 | 19,398 | 18,709 |
Cashflow From Investing | 36.2% | -19,984 | -31,341 | -17,805 | -21,319 | -22,977 | -18,522 | -23,784 | -21,927 | -333,647 | -19,574 | -16,772 | -26,836 | -45,645 | -29,439 | -18,352 | -14,250 | -236,083 | -10,231 | -12,191 | -38,275 | -39,009 |
Cashflow From Financing | -300.1% | -306,220 | 153,045 | -122,117 | -82,726 | -53,438 | -22,853 | -19,997 | -1,930 | 208,242 | -3,057 | -145,740 | -186,496 | -58,773 | 73,284 | 2,783 | 420,296 | 2,639 | -1,116 | 6,787 | 732 | 5,274 |
Buy Backs | -19.0% | 61,017 | 75,292 | 100,506 | 74,776 | 54,789 | 20,000 | 25,004 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues | |||
Total revenues | $ 2,202,429 | $ 1,988,330 | $ 1,594,754 |
Cost of revenues | |||
Total cost of revenues | 664,291 | 641,731 | 448,369 |
Gross profit | 1,538,138 | 1,346,599 | 1,146,385 |
Operating expenses | |||
Research and development | 335,851 | 362,256 | 309,739 |
Sales and marketing | 1,068,050 | 1,057,231 | 854,156 |
General and administrative | 333,048 | 292,898 | 284,276 |
Asset write-down charges | 0 | 283,689 | 0 |
Total operating expenses | 1,736,949 | 1,996,074 | 1,448,171 |
Loss from operations | (198,811) | (649,475) | (301,786) |
Other income (expense), net | |||
Interest expense | (35,997) | (4,807) | (64,382) |
Other income (expense) | 77,963 | (219,771) | (7,554) |
Other income (expense), net | 41,966 | (224,578) | (71,936) |
Loss before income taxes | (156,845) | (874,053) | (373,722) |
Provision for income taxes | 8,395 | 5,113 | 2,528 |
Net loss | $ (165,240) | $ (879,166) | $ (376,250) |
Net loss per common share | |||
Basic (in dollars per share) | $ (1.74) | $ (9.23) | $ (4.10) |
Diluted (in dollars per share) | $ (1.74) | $ (9.23) | $ (4.10) |
Weighted-average number of shares used in computing net loss per share | |||
Basic (in shares) | 94,912 | 95,239 | 91,738 |
Diluted (in shares) | 94,912 | 95,239 | 91,738 |
Subscriptions | |||
Revenues | |||
Total revenues | $ 2,100,329 | $ 1,887,756 | $ 1,482,080 |
Cost of revenues | |||
Total cost of revenues | 557,050 | 531,098 | 345,948 |
Other | |||
Revenues | |||
Total revenues | 102,100 | 100,574 | 112,674 |
Cost of revenues | |||
Total cost of revenues | $ 107,241 | $ 110,633 | $ 102,421 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 222,195 | $ 269,984 |
Accounts receivable, net | 364,438 | 311,318 |
Deferred and prepaid sales commission costs | 184,620 | 158,865 |
Prepaid expenses and other current assets | 77,396 | 55,849 |
Total current assets | 848,649 | 796,016 |
Property and equipment, net | 184,390 | 185,400 |
Operating lease right-of-use assets | 42,989 | 35,433 |
Deferred and prepaid sales commission costs, non-current | 395,724 | 438,579 |
Goodwill | 67,370 | 54,335 |
Acquired intangibles, net | 393,767 | 528,051 |
Other assets | 12,024 | 35,848 |
Total assets | 1,944,913 | 2,073,662 |
Current liabilities | ||
Accounts payable | 53,295 | 62,721 |
Accrued liabilities | 325,632 | 380,113 |
Current portion of long-term debt, net | 20,000 | 0 |
Deferred revenue | 233,619 | 209,725 |
Total current liabilities | 632,546 | 652,559 |
Long-term debt, net | 1,525,482 | 1,638,411 |
Operating lease liabilities | 28,178 | 20,182 |
Other long-term liabilities | 61,827 | 45,848 |
Total liabilities | 2,248,033 | 2,357,000 |
Commitments and contingencies (Note 10) | ||
Stockholders’ deficit | ||
Additional paid-in capital | 1,204,781 | 1,059,880 |
Accumulated other comprehensive loss | (8,223) | (8,781) |
Accumulated deficit | (1,699,136) | (1,533,896) |
Total stockholders’ deficit | (502,569) | (482,787) |
Total liabilities, temporary equity and stockholders’ deficit | 1,944,913 | 2,073,662 |
Series A Convertible Preferred Stock | ||
Current liabilities | ||
Series A convertible preferred stock, $0.0001 par value; 200 shares authorized at December 31, 2023 and 2022; 200 shares issued and outstanding at December 31, 2023 and 2022 | 199,449 | 199,449 |
Common Class A | ||
Stockholders’ deficit | ||
Common stock | 8 | 9 |
Class B Common Stock | ||
Stockholders’ deficit | ||
Common stock | $ 1 | $ 1 |
 | Mr. Tarek A. Robbiati M.B.A., M.Sc. |
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