Stock Market Recap: RingCentral Inc (RNG) Concludes at 28.61, a -1.48 Surge/Decline

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After finishing at $29.04 in the prior trading day, RingCentral Inc (NYSE: RNG) closed at $28.61, down -1.48%. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 1.06 million shares were traded. RNG stock price reached its highest trading level at $29.15 during the session, while it also had its lowest trading level at $28.08.

Ratios:

Our goal is to gain a better understanding of RNG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.50.

Barclays Downgraded its Overweight to Equal Weight on January 27, 2025, whereas the target price for the stock was revised from $45 to $37.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 27 ’25 when Arora Tarun sold 7,776 shares for $28.00 per share. The transaction valued at 217,730 led to the insider holds 114,497 shares of the business.

Makagon Kira sold 21,185 shares of RNG for $586,570 on Jun 27 ’25. The President and COO now owns 413,131 shares after completing the transaction at $27.69 per share. On Jun 27 ’25, another insider, Makagon Kira, who serves as the Officer of the company, bought 27,055 shares for $27.67 each.

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 2549502976 and an Enterprise Value of 4003672832. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.06. Its current Enterprise Value per Revenue stands at 1.649 whereas that against EBITDA is 15.474.

Stock Price History:

The Beta on a monthly basis for RNG is 1.30, which has changed by -0.06989598 over the last 52 weeks, in comparison to a change of 0.11844492 over the same period for the S&P500. Over the past 52 weeks, RNG has reached a high of $42.19, while it has fallen to a 52-week low of $20.58. The 50-Day Moving Average of the stock is 5.31%, while the 200-Day Moving Average is calculated to be -7.58%.

Shares Statistics:

The stock has traded on average 1.16M shares per day over the past 3-months and 1606420 shares per day over the last 10 days, according to various share statistics. A total of 80.13M shares are outstanding, with a floating share count of 77.99M. Insiders hold about 13.29% of the company’s shares, while institutions hold 96.55% stake in the company. Shares short for RNG as of 1749772800 were 6048016 with a Short Ratio of 5.22, compared to 1747267200 on 5988535. Therefore, it implies a Short% of Shares Outstanding of 6048016 and a Short% of Float of 10.4499996.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The market rating of RingCentral Inc (RNG) is currently shaped by the ongoing analysis conducted by 18.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $1.07, with high estimates of $1.1 and low estimates of $1.04.

Analysts are recommending an EPS of between $4.26 and $4.08 for the fiscal current year, implying an average EPS of $4.21. EPS for the following year is $4.66, with 19.0 analysts recommending between $4.85 and $4.42.

Revenue Estimates

18 analysts predict $617.9M in revenue for the current quarter. It ranges from a high estimate of $619.91M to a low estimate of $616.1M. As of the current estimate, RingCentral Inc’s year-ago sales were $592.91MFor the next quarter, 18 analysts are estimating revenue of $637.23M. There is a high estimate of $644.5M for the next quarter, whereas the lowest estimate is $631.2M.

A total of 20 analysts have provided revenue estimates for RNG’s current fiscal year. The highest revenue estimate was $2.53B, while the lowest revenue estimate was $2.5B, resulting in an average revenue estimate of $2.52B. In the same quarter a year ago, actual revenue was $2.4BBased on 21 analysts’ estimates, the company’s revenue will be $2.66B in the next fiscal year. The high estimate is $2.75B and the low estimate is $2.6B.

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