Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

How to buy RingCentral stock | 279.95

Own RingCentral stock in just a few minutes.

Posted

Fact checked

RingCentral, Inc is a software—application business based in the US. RingCentral shares (RNG) are listed on the NYSE and all prices are listed in US Dollars. RingCentral employs 2,363 staff and has a trailing 12-month revenue of around USD$1 billion.

How to buy shares in RingCentral

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for RingCentral. Find the stock by name or ticker symbol: RNG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until RingCentral reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$279.95, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of RingCentral, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of RingCentral. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted RingCentral's share price?

Since the stock market crash in March caused by coronavirus, RingCentral's share price has had significant positive movement.

Its last market close was USD$279.95, which is 15.73% up on its pre-crash value of USD$235.91 and 107.60% up on the lowest point reached during the March crash when the shares fell as low as USD$134.85.

If you had bought USD$1,000 worth of RingCentral shares at the start of February 2020, those shares would have been worth USD$931.13 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,360.56.

RingCentral share price

Use our graph to track the performance of RNG stocks over time.

RingCentral shares at a glance

Information last updated 2020-10-20.
Latest market closeUSD$279.95
52-week rangeUSD$134.85 - USD$317.84
50-day moving average USD$273.6723
200-day moving average USD$267.6679
Wall St. target priceUSD$342.68
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-0.38

Compare trading platforms

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Vanguard
$0
Stocks, Mutual funds, ETFs, Forex
$1
$20 per year
Get a personal advisor when you open an account with at least $50,000.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, Index funds, ETFs, Futures, Cash
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Sofi Invest
$0
Stocks
N/A
0%
A free way to invest in stocks, ETFs and crypto.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
Tastyworks
$0
Stocks, Options, ETFs, Futures
Stocks & ETFs: $1/contract to open, $0 to close, $10 max/leg
Futures: $2.50/contract to open, $0 to close
0%
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy RingCentral stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

RingCentral price performance over time

Historical closes compared with the close of $279.95 from 2020-10-16

1 week (2020-10-15) 1.30%
1 month (2020-09-22) 4.14%
3 months (2020-07-22) -0.67%
6 months (2020-04-22) 14.66%
1 year (2019-10-22) 82.50%
2 years (2018-10-22) 258.04%
3 years (2017-10-20) 557.93%
5 years (2015-10-22) 1,365.71%

Is RingCentral under- or over-valued?

Valuing RingCentral stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of RingCentral's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

RingCentral's PEG ratio

RingCentral's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 7.1892. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into RingCentral's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

RingCentral's EBITDA

RingCentral's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$8.6 million.

The EBITDA is a measure of a RingCentral's overall financial performance and is widely used to measure a its profitability.

RingCentral financials

Revenue TTM USD$1 billion
Gross profit TTM USD$671.8 million
Return on assets TTM -3.07%
Return on equity TTM -21.9%
Profit margin -9.52%
Book value $6.107
Market capitalisation USD$26.2 billion

TTM: trailing 12 months

Shorting RingCentral shares

There are currently 6.1 million RingCentral shares held short by investors – that's known as RingCentral's "short interest". This figure is 5.6% up from 5.8 million last month.

There are a few different ways that this level of interest in shorting RingCentral shares can be evaluated.

RingCentral's "short interest ratio" (SIR)

RingCentral's "short interest ratio" (SIR) is the quantity of RingCentral shares currently shorted divided by the average quantity of RingCentral shares traded daily (recently around 1.2 million). RingCentral's SIR currently stands at 5.26. In other words for every 100,000 RingCentral shares traded daily on the market, roughly 5260 shares are currently held short.

However RingCentral's short interest can also be evaluated against the total number of RingCentral shares, or, against the total number of tradable RingCentral shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case RingCentral's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 RingCentral shares in existence, roughly 70 shares are currently held short) or 0.091% of the tradable shares (for every 100,000 tradable RingCentral shares, roughly 91 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against RingCentral.

Find out more about how you can short RingCentral stock.

RingCentral share dividends

We're not expecting RingCentral to pay a dividend over the next 12 months.

RingCentral share price volatility

Over the last 12 months, RingCentral's shares have ranged in value from as little as $134.85 up to $317.84. A popular way to gauge a stock's volatility is its "beta".

RNG.US volatility(beta: 0.52)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while RingCentral's is 0.5218. This would suggest that RingCentral's shares are less volatile than average (for this exchange).

RingCentral overview

RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company's products include RingCentral Office that provides communication and collaboration across various modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Professional, a cloud based virtual telephone service that provides inbound call answering and management services for professionals; and RingCentral Fax that provides online fax capabilities. Its products also comprise RingCentral Contact Center, a collaborative contact center solution that delivers omni-channel; RingCentral Glip, a team messaging and collaboration solution that allows a range of teams to stay connected through various modes of communication through an integration with RingCentral Office; and RingCentral Meetings, a collaborative meetings solution that offers web meetings, video conferencing, and screen sharing. In addition, the company offers RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their customers; RingCentral Engage Voice, a cloud-based outbound/blended customer engagement platform for midsize and enterprise companies; and RingCentral Live Reports, an add-on for RingCentral Office customers to gather real-time information. The company serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, and state and local government, as well as others. It sells its products through a network of direct sales representatives, as well as sales agents, resellers, and channel partners. RingCentral, Inc. has a strategic partnership with Alcatel-Lucent Enterprise to offers Rainbow Office, a cloud solution. The company was incorporated in 1999 and is headquartered in Belmont, California.

Frequently asked questions

More guides on finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site