Ringcentral Stock Performance
| RNG Stock | USD 34.87 0.17 0.49% |
Ringcentral has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 0.96, which implies possible diversification benefits within a given portfolio. Ringcentral returns are very sensitive to returns on the market. As the market goes up or down, Ringcentral is expected to follow. Ringcentral right now holds a risk of 2.45%. Please check Ringcentral value at risk, as well as the relationship between the skewness and day median price , to decide if Ringcentral will be following its historical price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Ringcentral are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Ringcentral is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Actual Historical Performance (%)
One Day Return 0.23 | Five Day Return (3.30) | Year To Date Return 7.86 | Ten Year Return 192.67 | All Time Return 92.97 |
1 | Disposition of 32014 shares by Vladimir Shmunis of Ringcentral at 33.158 subject to Rule 16b-3 | 09/05/2024 |
2 | Disposition of 300 shares by Kenneth Goldman of Ringcentral at 33.223 subject to Rule 16b-3 | 09/24/2024 |
3 | Disposition of 1985 shares by Vaibhav Agarwal of Ringcentral at 31.401 subject to Rule 16b-3 | 10/01/2024 |
4 | RingCentral gets PAN-India license to deliver first fully compliant global UCaaS | 10/10/2024 |
5 | TotalEnergies and Vanguard Renewables Start Construction of New Farm-Based Renewable Natural Gas Project in Virginia | 10/23/2024 |
6 | Exploring Analyst Estimates for RingCentral Q3 Earnings, Beyond Revenue and EPS | 11/06/2024 |
7 | Q3 2024 RingCentral Inc Earnings Call Transcript | 11/08/2024 |
8 | RingCentral Stock Rating Upgraded by StockNews.com | 11/12/2024 |
9 | Are You a Growth Investor This 1 Stock Could Be the Perfect Pick | 11/13/2024 |
10 | Why RingCentral is a Top Value Stock for the Long-Term | 11/15/2024 |
11 | Disposition of 2178 shares by Vaibhav Agarwal of Ringcentral at 35.272 subject to Rule 16b-3 | 11/18/2024 |
12 | EverGen Infrastructure Reports Q3 2024 Results | 11/20/2024 |
| Begin Period Cash Flow | 270 M |
Ringcentral |
Ringcentral Relative Risk vs. Return Landscape
If you would invest 3,365 in Ringcentral on August 24, 2024 and sell it today you would earn a total of 122.00 from holding Ringcentral or generate 3.63% return on investment over 90 days. Ringcentral is generating 0.0869% of daily returns assuming volatility of 2.452% on return distribution over 90 days investment horizon. In other words, 21% of stocks are less volatile than Ringcentral, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Ringcentral Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ringcentral's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ringcentral, and traders can use it to determine the average amount a Ringcentral's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0354
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Ringcentral is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ringcentral by adding it to a well-diversified portfolio.
Ringcentral Fundamentals Growth
Ringcentral Stock prices reflect investors' perceptions of the future prospects and financial health of Ringcentral, and Ringcentral fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ringcentral Stock performance.
| Return On Equity | -6.89 | ||||
| Return On Asset | -0.0114 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 4.58 B | ||||
| Shares Outstanding | 80.51 M | ||||
| Price To Earning | (107.63) X | ||||
| Price To Book | 102.83 X | ||||
| Price To Sales | 1.34 X | ||||
| Revenue | 2.2 B | ||||
| Gross Profit | 1.35 B | ||||
| EBITDA | 133.56 M | ||||
| Net Income | (165.24 M) | ||||
| Cash And Equivalents | 269.98 M | ||||
| Cash Per Share | 3.21 X | ||||
| Total Debt | 1.79 B | ||||
| Current Ratio | 1.19 X | ||||
| Book Value Per Share | (5.97) X | ||||
| Cash Flow From Operations | 399.66 M | ||||
| Earnings Per Share | (1.05) X | ||||
| Market Capitalization | 3.17 B | ||||
| Total Asset | 1.94 B | ||||
| Retained Earnings | (1.7 B) | ||||
| Working Capital | 216.1 M | ||||
| Current Asset | 171.05 M | ||||
| Current Liabilities | 80.57 M | ||||
About Ringcentral Performance
By analyzing Ringcentral's fundamental ratios, stakeholders can gain valuable insights into Ringcentral's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ringcentral has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ringcentral has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.82 | 0.78 | |
| Return On Tangible Assets | (0.11) | (0.12) | |
| Return On Capital Employed | (0.15) | (0.16) | |
| Return On Assets | (0.08) | (0.09) | |
| Return On Equity | 0.33 | 0.35 |
Things to note about Ringcentral performance evaluation
Checking the ongoing alerts about Ringcentral for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ringcentral help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the last year's revenue of 2.2 B. Reported Net Loss for the year was (165.24 M) with profit before taxes, overhead, and interest of 1.35 B. | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: EverGen Infrastructure Reports Q3 2024 Results |
- Analyzing Ringcentral's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ringcentral's stock is overvalued or undervalued compared to its peers.
- Examining Ringcentral's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ringcentral's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ringcentral's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ringcentral's stock. These opinions can provide insight into Ringcentral's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ringcentral Stock analysis
When running Ringcentral's price analysis, check to measure Ringcentral's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ringcentral is operating at the current time. Most of Ringcentral's value examination focuses on studying past and present price action to predict the probability of Ringcentral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ringcentral's price. Additionally, you may evaluate how the addition of Ringcentral to your portfolios can decrease your overall portfolio volatility.
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