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RingCentral, Inc. (RNG)

NYSE Technology Software - Application
$69.04 ▼ -0.86%
Market Cap
$5.95B
Sector
Technology
Industry
Software - Application
Beta
1.15
52-Wk Range
24.14-77.95
CEO
Vladimir G. Shmunis
Country
US
Currency
USD

RingCentral, Inc. operates in the Software - Application industry of the Technology sector, headquartered in Belmont, CA, US. The stock last traded at $69.04, down 0.86% on the session, giving a market capitalisation of $5.95B. On trailing twelve-month figures it carries a trailing P/E of 53.52, a net margin of 4.3%. Its beta of 1.15 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
53.52
Price / Sales
2.30
Price / Book
-9.54
EV / EBITDA
21.30
Gross margin
71.8%
Operating margin
6.9%
Net margin
4.3%
Return on equity
Debt / equity
-2.20
Current ratio
1.11
Dividend yield
0.4%
Payout ratio
11.6%
Company profile
Exchange
New York Stock Exchange
Employees
7,378
IPO date
2013-09-27
Headquarters
Belmont, CA, US
About RingCentral, Inc.

RingCentral, Inc. delivers sophisticated cloud-based software-as-a-service (SaaS) solutions designed to empower businesses across North America to communicate, collaborate, and connect seamlessly. These core offerings, including both unified communications and comprehensive contact center capabilities, are built upon the company's proprietary "Message Video Phone" (MVP) platform. Its extensive product portfolio features "RingCentral Office," a robust platform enabling communication and collaboration through high-definition voice, video, SMS, team messaging, conferencing, online meetings, and fax. For customer service operations, the "RingCentral Contact Center" provides a collaborative, omnichannel solution, complemented by "RingCentral Engage Digital" for enterprise-level digital customer interactions, and "RingCentral Engage Voice" for cloud-based outbound and blended customer engagement catering to midsize and large organizations. Furthermore, "RingCentral Video" offers dedicated video meeting services with integrated team messaging, audio/video conferencing, file sharing, and management tools. Specialized solutions include "RingCentral Professional," a virtual cloud telephone service for inbound call management, and "RingCentral Fax" for online faxing. The company caters to a diverse array of industries, such as financial services, education, healthcare, real estate, retail, technology, and government sectors. Its go-to-market strategy involves both direct sales representatives and a broad ecosystem of sales agents, resellers, and channel partners. Founded in 1999 and headquartered in Belmont, California, RingCentral has also forged strategic alliances with key industry players, including Alcatel-Lucent Enterprise and Vodafone Business.

Comparable companies

RingCentral, Inc. is most often compared with the following Technology names:

ALRMBRZEGRNDINTANATLNPRUMSPNSVNETYOU
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