Daily Market Movement: RingCentral Inc (RNG) Sees a 1.30% Increase, Closing at $28.85

Nora Barnes

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The closing price of RingCentral Inc (NYSE: RNG) was $28.85 for the day, up 1.30% from the previous closing price of $28.48. In other words, the price has increased by $1.30 from its previous closing price. On the day, 1.17 million shares were traded. RNG stock price reached its highest trading level at $29.57 during the session, while it also had its lowest trading level at $28.18.

Ratios:

Our analysis of RNG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 0.49.

Upgrades & Downgrades

In the most recent recommendation for this company, Wells Fargo on October 01, 2025, initiated with a Equal Weight rating and assigned the stock a target price of $32.

On August 06, 2025, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $35.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 02 ’26 when AMY GUGGENHEIM SHENKAN bought 1,402 shares for $28.88 per share.

ROBERT THEIS bought 2,805 shares of RNG for $81,008 on Jan 02 ’26. On Dec 26 ’25, another insider, Makagon Kira, who serves as the President and COO of the company, sold 6,495 shares for $29.22 each. As a result, the insider received 189,784 and left with 336,162 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RNG now has a Market Capitalization of 2497392128 and an Enterprise Value of 3849742080. As of this moment, RingCentral’s Price-to-Earnings (P/E) ratio for their current fiscal year is 203.89, and their Forward P/E ratio for the next fiscal year is 6.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99. Its current Enterprise Value per Revenue stands at 1.549 whereas that against EBITDA is 11.728.

Stock Price History:

The Beta on a monthly basis for RNG is 1.24, which has changed by -0.15035802 over the last 52 weeks, in comparison to a change of 0.17287207 over the same period for the S&P500. Over the past 52 weeks, RNG has reached a high of $36.43, while it has fallen to a 52-week low of $20.58. The 50-Day Moving Average of the stock is 0.80%, while the 200-Day Moving Average is calculated to be 3.59%.

Shares Statistics:

RNG traded an average of 1.29M shares per day over the past three months and 1070230 shares per day over the past ten days. A total of 76.76M shares are outstanding, with a floating share count of 68.03M. Insiders hold about 20.55% of the company’s shares, while institutions hold 102.97% stake in the company. Shares short for RNG as of 1767139200 were 8110291 with a Short Ratio of 6.26, compared to 1764288000 on 8039601. Therefore, it implies a Short% of Shares Outstanding of 8110291 and a Short% of Float of 15.06.

Earnings Estimates

A comprehensive evaluation of RingCentral Inc (RNG) is underway, with the input of 16.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $1.09, with high estimates of $1.15 and low estimates of $0.99.

Analysts are recommending an EPS of between $4.34 and $4.23 for the fiscal current year, implying an average EPS of $4.32. EPS for the following year is $4.76, with 16.0 analysts recommending between $5.37 and $4.4.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 15 analysts. It ranges from a high estimate of $648.3M to a low estimate of $640.49M. As of. The current estimate, RingCentral Inc’s year-ago sales were $614.51MFor the next quarter, 15 analysts are estimating revenue of $640.51M. There is a high estimate of $647.4M for the next quarter, whereas the lowest estimate is $635.5M.

A total of 16 analysts have provided revenue estimates for RNG’s current fiscal year. The highest revenue estimate was $2.52B, while the lowest revenue estimate was $2.5B, resulting in an average revenue estimate of $2.51B. In the same quarter a year ago, actual revenue was $2.4BBased on 16 analysts’ estimates, the company’s revenue will be $2.62B in the next fiscal year. The high estimate is $2.65B and the low estimate is $2.6B.

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