Ringcentral share price today

(RNG)

Ringcentral share price is $37.45 & ₹3,182.35 as on 21 Dec 2024, 2.30 'hrs' IST

$37.45

▲

0.29

(0.78%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Ringcentral share price in Dollar and Rupees. Guide to invest in Ringcentral from India. Also see the sentimental analysis on Indian investors investing in Ringcentral. Get details on the Indian mutual funds that are investing in Ringcentral. Get Analyst recommendations and forecasts along with all the Ringcentral's financials.

Ringcentral share price movements

Today's Low: $36.32
Today's High: $37.70
$37.45
3.02%
Downside
Day's Volatility :3.66%
Upside
0.66%
52 Weeks Low: $26.98
52 Weeks High: $42.19
$37.45
27.96%
Downside
52 Weeks Volatility :36.05%
Upside
11.23%

Ringcentral Returns

Period	Ringcentral, Inc.	Sector (Technology)	Index (Russel 2000)
3 Months	23.11%	6.0%	0.0%
6 Months	33.56%	3.3%	0.0%
1 Year	8.17%	23.0%	0.0%
3 Years	-80.54%	39.0%	-19.7%

Ringcentral Key Statistics

in dollars & INR

Previous Close	$37.16
Open	$36.75
Today's High	$37.7
Today's Low	$36.3206
Market Capitalization	$3.3B
Today's Volume	$2.4M
52 Week High	$42.19
52 Week Low	$26.98
Revenue TTM	$2.4B
EBITDA	$190.2M
Earnings Per Share (EPS)	$-1.05
Profit Margin	-4.17%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-689.33%

How to invest in Ringcentral from India?

It is very easy for Indian residents to invest directly in Ringcentral from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Ringcentral stock in both Indian Rupees (INR) and US Dollars (USD). Search for Ringcentral or RNG on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Ringcentral or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Ringcentral shares which would translate to 0.023 fractional shares of Ringcentral as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Ringcentral, in just a few clicks!

Returns in Ringcentral for Indian investors in Rupees

Investment Value

₹1,00,000

Ringcentral investment value today

Current value as on today

₹1,10,370

Returns

₹10,370

(+10.37%)

Returns from Ringcentral Stock

₹8,174 (+8.17%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Ringcentral

-14%

Period: Sep 22, 2024 to Dec 21, 2024. Change in 30 Days versus previous period

Search volume for Ringcentral on INDmoney from India has reduced in the last 30 days as on Dec 22, 2024. -14% less investors are searching Ringcentral in the last 30 days versus the previous period.

Global Institutional Holdings in Ringcentral

Vanguard Group Inc
13.05%
Capital World Investors
11.19%
Sylebra Capital LLC
8.37%
Ameriprise Financial Inc
7.08%
BlackRock Inc
6.16%
Groupama Asset Management
4.00%

Analyst Recommendation on Ringcentral

Hold

48%Buy

51%Hold

0%Sell

Based on 29 Wall street analysts offering stock ratings for Ringcentral(by analysts ranked 0 to 5 stars)

Based on 29 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Ringcentral

What analysts predicted

Upside of 15.38%

Current:

$37.45

Target:

$43.21

Insights on Ringcentral

Price Movement
In the last 1 month, RNG stock has moved up by 7.4%
Increasing Revenue
Revenue is up for the last 19 quarters, 267.51M → 608.76M (in $), with an average increase of 4.4% per quarter
Increasing Net Profit
Netprofit is up for the last 4 quarters, -47.24M → -7.85M (in $), with an average increase of 82.3% per quarter
RNG vs NOW (1 yr)
In the last 1 year, Servicenow, Inc. has given 55.7% return, outperforming this stock by 45.6%
RNG vs NOW (3 yr)
In the last 3 years, Servicenow, Inc. has given 72.9% return, outperforming this stock by 153.6%
Price to Sales
ForRNG every $1 of sales, investors are willing to pay $1.5, whereas for Servicenow, Inc., the investors are paying $21.4 for every $1 of sales.

Ringcentral Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$673.6M	↑ 34.31%
Net Income	$-26.2M	↑ 0.24%
Net Profit Margin	-3.89%	↑ 1.32%

	FY19	Y/Y Change
Revenue	$902.9M	↑ 34.03%
Net Income	$-53.6M	↑ 104.58%
Net Profit Margin	-5.94%	↓ 2.05%

	FY20	Y/Y Change
Revenue	$1.2B	↑ 31.1%
Net Income	$-83.0M	↑ 54.82%
Net Profit Margin	-7.01%	↓ 1.07%

	FY21	Y/Y Change
Revenue	$1.6B	↑ 34.73%
Net Income	$-376.3M	↑ 353.34%
Net Profit Margin	-23.59%	↓ 16.58%

	FY22	Y/Y Change
Revenue	$2.0B	↑ 24.68%
Net Income	$-879.2M	↑ 133.67%
Net Profit Margin	-44.22%	↓ 20.63%

	FY23	Y/Y Change
Revenue	$2.2B	↑ 10.77%
Net Income	$-165.2M	↓ 81.2%
Net Profit Margin	-7.5%	↑ 36.72%

	Q2 FY23	Q/Q Change
Revenue	$539.3M	↑ 1.05%
Net Income	$-21.5M	↓ 60.51%
Net Profit Margin	-3.98%	↑ 6.21%

	Q3 FY23	Q/Q Change
Revenue	$558.2M	↑ 3.5%
Net Income	$-42.1M	↑ 96.05%
Net Profit Margin	-7.55%	↓ 3.57%

	Q4 FY23	Q/Q Change
Revenue	$571.3M	↑ 2.35%
Net Income	$-47.2M	↑ 12.17%
Net Profit Margin	-8.27%	↓ 0.72%

	Q1 FY24	Q/Q Change
Revenue	$584.2M	↑ 2.27%
Net Income	$-28.5M	↓ 39.69%
Net Profit Margin	-4.88%	↑ 3.39%

	Q2 FY24	Q/Q Change
Revenue	$592.9M	↑ 1.49%
Net Income	$-14.8M	↓ 48.22%
Net Profit Margin	-2.49%	↑ 2.39%

	Q3 FY24	Q/Q Change
Revenue	$608.8M	↑ 2.67%
Net Income	$-7.9M	↓ 46.77%
Net Profit Margin	-1.29%	↑ 1.2%

	FY18	Y/Y Change
Profit	$516.5M	↑ 35.83%

	FY19	Y/Y Change
Profit	$671.8M	↑ 30.07%

	FY20	Y/Y Change
Profit	$860.1M	↑ 28.02%

	FY21	Y/Y Change
Profit	$1.1B	↑ 33.29%

	FY22	Y/Y Change
Profit	$1.3B	↑ 17.46%

	FY23	Y/Y Change
Profit	$1.5B	↑ 14.22%

	Q2 FY23	Q/Q Change
Profit	$374.9M	↑ 0.5%

	Q3 FY23	Q/Q Change
Profit	$389.2M	↑ 3.82%

	Q4 FY23	Q/Q Change
Profit	$401.0M	↑ 3.05%

	Q1 FY24	Q/Q Change
Profit	$414.3M	↑ 3.3%

	Q2 FY24	Q/Q Change
Profit	$416.3M	↑ 0.48%

	Q3 FY24	Q/Q Change
Profit	$428.6M	↑ 2.95%

	FY18	Y/Y Change
Operating Cash Flow	$72.1M	↑ 75.22%
Investing Cash Flow	$-83.4M	↑ 216.25%
Financing Cash Flow	$397.3M	↑ 5756.63%

	FY19	Y/Y Change
Operating Cash Flow	$64.8M	↓ 10.1%
Investing Cash Flow	$-296.8M	↑ 255.65%
Financing Cash Flow	$9.0M	↓ 97.72%

	FY20	Y/Y Change
Operating Cash Flow	$-35.2M	↓ 154.27%
Investing Cash Flow	$-107.7M	↓ 63.72%
Financing Cash Flow	$437.6M	↑ 4739.53%

	FY21	Y/Y Change
Operating Cash Flow	$152.2M	↓ 532.36%
Investing Cash Flow	$-396.8M	↑ 268.51%
Financing Cash Flow	$-127.1M	↓ 129.03%

	FY22	Y/Y Change
Operating Cash Flow	$191.3M	↑ 25.73%
Investing Cash Flow	$-87.2M	↓ 78.02%
Financing Cash Flow	$-98.2M	↓ 22.69%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$90.7M	↓ 16.44%
Investing Cash Flow	$-39.1M	↑ 83.52%
Financing Cash Flow	$-122.1M	↑ 47.62%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$86.6M	↓ 4.52%
Investing Cash Flow	$-70.5M	↑ 80.11%
Financing Cash Flow	$153.0M	↓ 225.33%

Ringcentral Technicals Summary

Sell

Neutral

Buy

Ringcentral is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Ringcentral Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Ringcentral, Inc.	1.46%	33.56%	8.17%	-80.54%	-77.78%
Shopify Inc.	2.32%	69.41%	39.3%	-24.31%	172.79%
Uber Technologies, Inc.	-12.79%	-13.91%	-2.02%	38.31%	99.51%
Servicenow, Inc.	4.22%	47.55%	55.62%	68.25%	283.97%
Salesforce Inc	2.34%	43.22%	29.08%	35.75%	110.51%
Intuit Inc.	-5.2%	3.13%	2.97%	1.21%	143.4%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Ringcentral, Inc.	554.13	NA	0.35	3.69	-6.89	-0.01	NA	-5.97
Shopify Inc.	110.02	110.02	1.12	1.53	0.15	0.06	NA	7.05
Uber Technologies, Inc.	30.16	30.16	0.86	1.89	0.34	0.04	NA	7.02
Servicenow, Inc.	166.65	166.65	2.91	13.9	0.16	0.05	NA	45.03
Salesforce Inc	55.39	55.39	1.52	8.2	0.1	0.05	0.0	61.43
Intuit Inc.	62.1	62.1	1.91	16.83	0.17	0.08	0.01	65.78

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Ringcentral, Inc.	Hold	$3.3B	-77.78%	554.13	-4.17%
Shopify Inc.	Buy	$141.3B	172.79%	110.02	16.4%
Uber Technologies, Inc.	Buy	$128.9B	99.51%	30.16	10.49%
Servicenow, Inc.	Buy	$221.8B	283.97%	166.65	12.77%
Salesforce Inc	Buy	$321.8B	110.51%	55.39	15.45%
Intuit Inc.	Buy	$180.1B	143.4%	62.1	18.2%

About Ringcentral

ringcentral securely delivers quality voice, fax, text and conferencing for businesses, regardless of size, locations, devices, or budget. easier to manage and more flexible than on-premise phone systems, our cloud communications solution adapts to the unique needs of each business, integrates with other cloud applications, and eliminates phone system hardware. since 2003, we've invested in our own custom cloud computing platform that delivers the reliability your mission-critical business communication demands. we’re not a phone company; we’re a cloud business-solution provider. we've thrown out the old pbx along with its rigid rules and eliminated the complexity and unnecessary expense of managing your business communications the old way. buy, set up, access, and control your entire ringcentral service online, or on a mobile device. under the hood is our state-of-the-art custom architecture, built on and taking full advantage of the inherent flexibility and scalability of the c

Organization	Ringcentral
Employees	4084
CEO	Mr. Vladimir G. Shmunis
Industry	Technology Services

Management People of Ringcentral

Name	Title
Mr. Vladimir G. Shmunis	Co-Founder, CEO & Executive Chairman
Mr. John H. Marlow J.D.	Chief Administrative Officer, SVP of Corporate Development & General Counsel and Secretary
Mr. Vlad Vendrow	Co-Founder & CTO
Mr. Abhey Rattan Lamba	Chief Financial Officer
Mr. Vaibhav Agarwal	Deputy CFO & Chief Accounting Officer
Mr. Ashu Varshney	Chief Information Officer

Important FAQs about investing in Ringcentral from India :

What is Ringcentral share price today?

Ringcentral share price today stands at $37.45, Open: $36.75 ; Previous Close: $37.16 ; High: $37.70 ; Low: $36.32 ; 52 Week High: $42.19 ; 52 Week Low: $26.98. The stock opens at $36.75, after a previous close of $37.16. The stock reached a daily high of $37.70 and a low of $36.32, with a 52-week high of $42.19 and a 52-week low of $26.98.

Can Indians buy Ringcentral shares?

Yes, Indians can invest in the Ringcentral (RNG) from India.

With INDmoney, you can buy Ringcentral at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Ringcentral at zero transaction cost.

How can I buy Ringcentral shares from India?

It is very easy to buy Ringcentral from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Ringcentral be purchased?

Yes, you can buy fractional shares of Ringcentral with INDmoney app.

What are the documents required to start investing in Ringcentral stocks?

To start investing in Ringcentral, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.