RNG RSI Chart
Last 7 days
0.1%
Last 30 days
-18.9%
Last 90 days
-19.4%
Trailing 12 Months
-14.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.3B | 0 | 0 | 0 |
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 |
---|---|---|---|---|---|---|
Jun 03, 2024 | bhatt prat | acquired | - | - | 5,829 | - |
Jun 03, 2024 | williams r neil | acquired | - | - | 5,829 | - |
Jun 03, 2024 | segal ned d. | acquired | - | - | 5,829 | - |
Jun 03, 2024 | theis robert i | acquired | - | - | 5,829 | - |
Jun 03, 2024 | goldman kenneth a | acquired | - | - | 5,829 | - |
Jun 03, 2024 | clyburn mignon l | acquired | - | - | 5,829 | - |
May 28, 2024 | parekh sonalee elizabeth | sold | -295,433 | 34.847 | -8,478 | chief financial officer |
May 22, 2024 | shmunis vladimir | sold | -1,137,240 | 35.5242 | -32,013 | ceo and chairman |
May 22, 2024 | marlow john h | sold | -505,388 | 35.5207 | -14,228 | svp, cao & general counsel |
May 21, 2024 | shmunis vladimir | sold | -2,389,820 | 35.9209 | -66,530 | ceo and chairman |
Which funds bought or sold RNG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Jun 28, 2024 | Quent Capital, LLC | reduced | -0.14 | 7,247 | 339,618 | 0.04% |
Jun 21, 2024 | Cape Investment Advisory, Inc. | reduced | -84.84 | -17,783 | 3,266 | -% |
Jun 20, 2024 | HM PAYSON & CO | unchanged | - | 118 | 5,211 | -% |
Jun 11, 2024 | EverSource Wealth Advisors, LLC | new | - | 2,784 | 2,784 | -% |
Jun 04, 2024 | DekaBank Deutsche Girozentrale | unchanged | - | - | 109,000 | -% |
May 29, 2024 | Clean Yield Group | unchanged | - | 79.00 | 3,474 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -6.75 | -127,610 | 2,659,310 | -% |
May 16, 2024 | SYLEBRA CAPITAL LLC | reduced | -7.9 | -16,004,600 | 261,808,000 | 8.70% |
May 16, 2024 | B. Riley Wealth Advisors, Inc. | added | 116 | 32,024 | 59,924 | -% |
May 16, 2024 | Virtus Investment Advisers, Inc. | new | - | 868,500 | 868,500 | 0.62% |
Unveiling RingCentral Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2024 | ameriprise financial inc | 5.50% | 4,610,276 | SC 13G | |
Feb 14, 2024 | lytton laurence w | 1.8% | 1,528,157 | SC 13G/A | |
Feb 13, 2024 | alkeon capital management llc | 1.8% | 1,528,157 | SC 13G/A | |
Feb 13, 2024 | vanguard group inc | 12.37% | 10,371,224 | SC 13G/A | |
Feb 09, 2024 | capital world investors | 13.5% | 11,314,238 | SC 13G/A | |
Feb 06, 2024 | shmunis vladimir | 5.3% | 4,680,010 | SC 13G/A | |
Feb 01, 2024 | pictet asset management sa | 6.3% | 5,239,898 | SC 13G/A | |
Jan 31, 2024 | pictet asset management sa | 6.2% | 4,514,733 | SC 13G | |
Jan 29, 2024 | blackrock inc. | 6.3% | 5,263,100 | SC 13G/A | |
May 26, 2023 | sylebra capital ltd | 8.68% | 7,437,154 | SC 13D |
Date Filed | Form Type | Document | |
---|---|---|---|
Jun 04, 2024 | 4 | Insider Trading | |
Jun 04, 2024 | 4 | Insider Trading | |
Jun 04, 2024 | 4 | Insider Trading | |
Jun 04, 2024 | 4 | Insider Trading | |
Jun 04, 2024 | 4 | Insider Trading | |
Jun 04, 2024 | 4 | Insider Trading | |
May 29, 2024 | 4 | Insider Trading | |
May 28, 2024 | 144 | Notice of Insider Sale Intent | |
May 23, 2024 | 4 | Insider Trading | |
May 23, 2024 | 4 | Insider Trading |
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 | 249.1B | 35.7B | -5.35% | 22.17% | 45.54 | 6.97 | 11.04% | 1343.27% |
UBER | 151.8B | 38.6B | 11.87% | 70.60% | 109.2 | 3.93 | 14.01% | 141.26% |
ADSK | 53.5B | 5.6B | 18.69% | 20.04% | 53.62 | 9.47 | 10.60% | 18.97% |
ANSS | 28.1B | 2.2B | -0.34% | -1.44% | 64.56 | 12.6 | 3.59% | -21.47% |
ZM | 18.3B | 4.6B | -3.54% | -12.44% | 21.8 | 4 | 3.13% | 15150.61% |
MID-CAP | ||||||||
APPF | 8.8B | 671.8M | 6.00% | 43.16% | 115.37 | 13.13 | 33.64% | 185.98% |
LYFT | 5.7B | 4.7B | -11.37% | 43.39% | -30.76 | 1.21 | 10.90% | 88.31% |
AI | 3.5B | 310.6M | 21.07% | -19.33% | -12.36 | 11.13 | 16.41% | -4.04% |
AYX | 3.4B | 970.0M | 0.90% | -15.87% | -19.13 | 3.53 | 13.46% | 43.89% |
ALRM | 3.2B | 895.2M | -4.26% | 25.01% | 35.61 | 3.56 | 5.72% | 46.94% |
AGYS | 2.9B | 237.5M | 7.69% | 58.01% | 33.16 | 12.04 | 19.89% | 491.11% |
SMALL-CAP | ||||||||
AVID | 1.2B | 413.5M | 0.63% | -1.64% | 92.02 | 2.88 | -1.65% | -71.35% |
ASUR | 216.8M | 117.7M | 12.60% | -30.12% | -21.99 | 1.84 | 12.54% | 11.24% |
AEYE | 205.4M | 31.6M | -31.03% | 268.48% | -34.98 | 6.5 | 2.76% | 43.72% |
APPS | 169.1M | 544.5M | -11.29% | -80.84% | -0.4 | 0.31 | -18.24% | -2615.41% |
RingCentral Inc News
Income Statement (Quarterly) | (In Thousands) | |||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 2.3% | 584 | 571 | 558 | 539 | 534 | 525 | 509 | 487 | 468 | 448 | 415 | 379 | 352 | 335 | 304 | 278 | 268 | 253 | 233 | 215 | 201 |
Gross Profit | 3.2% | 414 | 401 | 389 | 375 | 373 | 364 | 342 | 329 | 312 | 312 | 304 | 274 | 255 | 243 | 221 | 201 | 194 | 186 | 174 | 162 | 151 |
Operating Expenses | -4.8% | 425 | 446 | 443 | 420 | 428 | 620 | 524 | 436 | 416 | 416 | 387 | 348 | 297 | 272 | 251 | 231 | 220 | 206 | 184 | 169 | 158 |
S&GA Expenses | 0.0% | 273 | 273 | 271 | 264 | 260 | 275 | 262 | 265 | 254 | 246 | 225 | 203 | 179 | 162 | 153 | 138 | 131 | 126 | 110 | 104 | 100 |
R&D Expenses | -5.1% | 81.00 | 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 |
EBITDA Margin | 26.9% | 0.08* | 0.06* | -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* |
Interest Expenses | -1.5% | 16.00 | 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 |
Income Taxes | 56.1% | 3.00 | 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 |
Earnings Before Taxes | 44.1% | -25.21 | -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 |
EBT Margin | 18.5% | -0.06* | -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* |
Net Income | 39.7% | -28.49 | -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 |
Net Income Margin | 17.6% | -0.06* | -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* |
Free Cashflow | -16.6% | 90.00 | 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 |
Balance Sheet | (In Millions) | |||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -3.7% | 1,873 | 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 |
Current Assets | -2.1% | 831 | 849 | 1,052 | 804 | 851 | 796 | 775 | 739 | 721 | 651 | 694 | 648 | 744 | 926 | 993 | 1,002 | 972 | 536 | 765 | 735 | 704 |
Cash Equivalents | -8.6% | 203 | 222 | 432 | 225 | 275 | 270 | 305 | 306 | 302 | 267 | 345 | 325 | 463 | 640 | 746 | 774 | 762 | 344 | 583 | 568 | 549 |
Inventory | 40.0% | 2.00 | 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 |
Net PPE | -0.9% | 183 | 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 |
Goodwill | -0.7% | 67.00 | 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 |
Liabilities | -2.3% | 2,196 | 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 |
Current Liabilities | 20.8% | 764 | 633 | 605 | 592 | 591 | 653 | 639 | 622 | 576 | 526 | 476 | 447 | 444 | 438 | 369 | 371 | 308 | 281 | 268 | 246 | 229 |
Long Term Debt | -10.8% | 1,360 | 1,525 | 1,781 | 1,559 | - | 1,638 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Current | 804.6% | 181 | 20.00 | 20.00 | 20.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | -10.8% | 1,360 | 1,525 | 1,781 | 1,559 | - | 1,638 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | -3.9% | -522 | -502 | - | - | -471 | -482 | - | - | 49.00 | 339 | 45.00 | 92.00 | 213 | 308 | 298 | 542 | 490 | 746 | 369 | 356 | 331 |
Retained Earnings | -1.7% | -1,727 | -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 |
Additional Paid-In Capital | 0.5% | 1,210 | 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 |
Accumulated Depreciation | 5.8% | 353 | 333 | 314 | 298 | 278 | 259 | 240 | 224 | 209 | 193 | 179 | 165 | 151 | 138 | 127 | 116 | 107 | 99.00 | 92.00 | 86.00 | 80.00 |
Shares Outstanding | -1.9% | 93.00 | 95.00 | 95.00 | 95.00 | 96.00 | 95.00 | 96.00 | 95.00 | 95.00 | 92.00 | 92.00 | 91.00 | 91.00 | 89.00 | 88.00 | 88.00 | 87.00 | 83.00 | 82.00 | 82.00 | 81.00 |
Float | - | - | - | - | 2,800 | - | - | - | 4,500 | - | 23,900 | - | 23,900 | - | - | - | 22,600 | - | - | - | 8,400 | - |
Cashflow (Quarterly) | (In Millions) | |||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -15.6% | 96.00 | 114 | 87.00 | 91.00 | 109 | 39.00 | 42.00 | 51.00 | 59.00 | 48.00 | 43.00 | 25.00 | 37.00 | -2.48 | -72.82 | 27.00 | 13.00 | -6.16 | 27.00 | 24.00 | 20.00 |
Share Based Compensation | -21.4% | 88.00 | 112 | 112 | 105 | 98.00 | 92.00 | 96.00 | 101 | 98.00 | 103 | 104 | 95.00 | 55.00 | 52.00 | 52.00 | 49.00 | 37.00 | 30.00 | 27.00 | 25.00 | 19.00 |
Cashflow From Investing | 2.9% | -19.41 | -19.98 | -31.34 | -17.80 | -21.32 | -22.98 | -18.52 | -23.78 | -21.93 | -333 | -19.57 | -16.77 | -26.84 | -45.64 | -29.44 | -18.35 | -14.25 | -236 | -10.23 | -12.19 | -38.27 |
Cashflow From Financing | 69.1% | -94.66 | -306 | 153 | -122 | -82.73 | -53.44 | -22.85 | -20.00 | -1.93 | 208 | -3.06 | -145 | -186 | -58.77 | 73.00 | 3.00 | 420 | 3.00 | -1.12 | 7.00 | 1.00 |
Buy Backs | 31.6% | 80.00 | 61.00 | 75.00 | 101 | 75.00 | 55.00 | 20.00 | 25.00 | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues | ||
Total revenues | $ 584,211 | $ 533,689 |
Cost of revenues | ||
Total cost of revenues | 170,479 | 160,676 |
Gross profit | 413,732 | 373,013 |
Operating expenses | ||
Research and development | 80,528 | 85,241 |
Sales and marketing | 272,730 | 260,212 |
General and administrative | 71,373 | 82,091 |
Total operating expenses | 424,631 | 427,544 |
Loss from operations | (10,899) | (54,531) |
Other income (expense), net | ||
Interest expense | (16,254) | (2,212) |
Other income | 1,944 | 5,429 |
Other income (expense), net | (14,310) | 3,217 |
Loss before income taxes | (25,209) | (51,314) |
Provision for income taxes | 3,285 | 3,085 |
Net loss | $ (28,494) | $ (54,399) |
Net loss per common share | ||
Basic (in dollars per share) | $ (0.31) | $ (0.57) |
Diluted (in dollars per share) | $ (0.31) | $ (0.57) |
Weighted-average number of shares used in computing net loss per share | ||
Basic (in shares) | 93,142 | 95,720 |
Diluted (in shares) | 93,142 | 95,720 |
Subscriptions | ||
Revenues | ||
Total revenues | $ 557,487 | $ 508,294 |
Cost of revenues | ||
Total cost of revenues | 143,650 | 136,425 |
Other | ||
Revenues | ||
Total revenues | 26,724 | 25,395 |
Cost of revenues | ||
Total cost of revenues | $ 26,829 | $ 24,251 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 203,130 | $ 222,195 |
Accounts receivable, net | 371,357 | 364,438 |
Deferred and prepaid sales commission costs | 184,816 | 184,620 |
Prepaid expenses and other current assets | 71,728 | 77,396 |
Total current assets | 831,031 | 848,649 |
Property and equipment, net | 182,736 | 184,390 |
Operating lease right-of-use assets | 39,615 | 42,989 |
Deferred and prepaid sales commission costs, non-current | 381,175 | 395,724 |
Goodwill | 66,903 | 67,370 |
Acquired intangibles, net | 358,850 | 393,767 |
Other assets | 12,793 | 12,024 |
Total assets | 1,873,103 | 1,944,913 |
Current liabilities | ||
Accounts payable | 24,030 | 53,295 |
Accrued liabilities | 312,405 | 325,632 |
Current portion of long-term debt, net | 180,923 | 20,000 |
Deferred revenue | 246,690 | 233,619 |
Total current liabilities | 764,048 | 632,546 |
Long-term debt, net | 1,360,457 | 1,525,482 |
Operating lease liabilities | 25,616 | 28,178 |
Other long-term liabilities | 45,901 | 61,827 |
Total liabilities | 2,196,022 | 2,248,033 |
Commitments and contingencies (Note 9) | ||
Series A convertible preferred stock | 199,449 | 199,449 |
Stockholders’ deficit | ||
Common stock | 9 | 9 |
Additional paid-in capital | 1,210,366 | 1,204,781 |
Accumulated other comprehensive loss | (5,113) | (8,223) |
Accumulated deficit | (1,727,630) | (1,699,136) |
Total stockholders’ deficit | (522,368) | (502,569) |
Total liabilities, temporary equity and stockholders’ deficit | $ 1,873,103 | $ 1,944,913 |
 CEO | Mr. Tarek A. Robbiati M.B.A., M.Sc. |
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 WEBSITE | ringcentral.com |
 INDUSTRY | Software - Apps |
 EMPLOYEES | 3902 |