Ringcentral Stock Target Price
3RCA Stock | EUR 35.95 0.02 0.06% |
Ringcentral fundamentals help investors to digest information that contributes to Ringcentral's financial success or failures. It also enables traders to predict the movement of Ringcentral Stock. The fundamental analysis module provides a way to measure Ringcentral's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ringcentral stock.
Ringcentral |
Ringcentral Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ringcentral's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ringcentral could also be used in its relative valuation, which is a method of valuing Ringcentral by comparing valuation metrics of similar companies.Ringcentral is currently under evaluation in target price category among its peers.
Ringcentral Fundamentals
Return On Equity | -6.89 | |||
Return On Asset | -0.0935 | |||
Profit Margin | (0.44) % | |||
Operating Margin | (0.17) % | |||
Current Valuation | 5.3 B | |||
Shares Outstanding | 85.55 M | |||
Shares Owned By Insiders | 1.42 % | |||
Shares Owned By Institutions | 96.70 % | |||
Price To Book | 98.93 X | |||
Price To Sales | 1.98 X | |||
Revenue | 1.99 B | |||
Gross Profit | 1.35 B | |||
EBITDA | (622.68 M) | |||
Net Income | (879.17 M) | |||
Cash And Equivalents | 549.03 M | |||
Cash Per Share | 6.70 X | |||
Total Debt | 1.64 B | |||
Debt To Equity | 122.90 % | |||
Current Ratio | 3.08 X | |||
Book Value Per Share | (5.06) X | |||
Cash Flow From Operations | 191.31 M | |||
Earnings Per Share | (8.09) X | |||
Price To Earnings To Growth | 0.42 X | |||
Target Price | 408.65 | |||
Number Of Employees | 3.9 K | |||
Beta | 0.87 | |||
Market Capitalization | 2.91 B | |||
Total Asset | 2.07 B | |||
Z Score | 0.6 | |||
Net Asset | 2.07 B |
About Ringcentral Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ringcentral's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ringcentral using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ringcentral based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Ringcentral Stock
When determining whether Ringcentral is a strong investment it is important to analyze Ringcentral's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ringcentral's future performance. For an informed investment choice regarding Ringcentral Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ringcentral. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.