$RNG

RingCentral Inc.

  • NEW YORK STOCK EXCHANGE, INC.
  • Technology Services
  • Packaged Software
  • Information
  • Data Processing, Hosting, and Related Services

PRICE

$267.98 ▲0.266%

Extented Hours

VOLUME

617,132

DAY RANGE

261.42 - 269.39

52 WEEK

229 - 449

Join Discuss about RNG with like-minded investors

profile
@Benlax #droscrew
recently

$EVO Q2'21 Revenue +100% *North America +220% *Asia +133% *Live +59% *RNG -2% EBITDA +115% *marg. 68.0% (63.2) EBIT +110% *marg. 60.7% (57.8) Net Profit +105% *marg. 56.3% (54.9) EPS +75%

41 Replies 13 👍 11 🔥

profile
@RedSunCap #droscrew
recently

i remember when i bought RNG at 165 and Schmidy was like RNG is dead have fun losing money

97 Replies 10 👍 11 🔥

BR
@Bruce1 #ivtrades
recently

$RNG has nice setup

58 Replies 9 👍 11 🔥

profile
@DarkPoolAlgo #Dark Pool Charts
recently

/*============================================= = Premarket Prep 06/01/21 = =============================================*/ U.S. stock futures looking higher, tracking gains in Europe and Asia ahead of manufacturing data that will give fresh insights into the economic recovery. S&P futures are looking higher after closing out May with its fourth consecutive monthly advance as investors have grown more confident that rising inflation won’t lead central banks to ease monetary policy measures, pushing major indexes back toward all-time highs in recent weeks. Economic data in the form of manufacturing showed strength in both Europe and Asia overnight with ISM data coming at 10:00 AM later this morning. For the week, the S&P rose 1.17%, the Dow added 0.94%, the Nasdaq gained 2.06%. For the month, the S&P rose 0.55%, the Dow added 1.94%, and the Nasdaq shed 1.53%. Stocks gained on Friday as investors considered new economic data on consumer spending, income and inflation alongside stronger-than-expected data reports from earlier this week. In Asian markets, The Nikkei Index fell -45 points to 28.814, the Shanghai Index rose 9 points to 3,624 and the Hang Seng Index jumped 316 points to 29,468. In Europe, the German DAX is up over 220 points to 15,640, while the FTSE 100 rises over 80 points to top 7,100. Market Closing Prices Yesterday The S&P 500 Index gained 3.23 points, or 0.08%, to 4,204.11 The Dow Jones Industrial Average rose 64.81 points, or 0.19%, to 34,529.45 The Nasdaq Composite climbed 12.46 points, or 0.09%, to 13,748.74 The Russell 2000 Index declined -4.10 points, or 0.18% to 2,268.97 Events Calendar for Today 7:45 AM ET ICSC Weekly Retail Sales 8:55 AM ET Johnson/Redbook Weekly Sales 9:45 AM EST Markit Manufacturing PMI, May-F 10:00 AM EST Construction Spending for April 10:00 AM EST ISM Manufacturing PMI, for May 10:30 AM EST Dallas Fed Manufacturing for May Earnings Calendar: Earnings Before the Open: $GHM, $KIRK Earnings After the Close: $AMBA, $APPS, $HPE, $ITI, $MDLA, $OESX, $ZM Other Key Events: Cowen 49th Annual TMT Conference (virtual), 6/1-6/3 Deutsche Bank FinTech and Info Service Conference (virtual), 6/1-6/2 Goldman Sachs 3rd Asia Spotlight Symposium (virtual), 6/1-6/4 Jefferies Global Healthcare Conference, 6/1-6/3 KeyBanc Capital Markets Industrials & Basic Materials Conference (virtual), 6/1-6/4 William Blair 40th Annual Growth Stock Conference (virtual), 6/1-6/3 OPEC+ June meeting Macro Up/Down Last Nymex 1.78 68.10 Brent 1.39 70.71 Gold 0.15 1,907.00 EUR/USD 0.0001 1.2228 JPY/USD 0.03 109.61 10-Year Note +0.028 1.622% World News China’s factory activity expanded at the fastest pace this year in May as domestic and export demand picked up, as the Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) rose to 52.0 last month, the highest level since December and inching up from April’s 51.9. China will allow all couples to have a third child, a surprise move aimed at slowing the nation’s declining birthrate as risks to the economy’s long-term prospects mount because of a rapidly aging population OECD releases U.S. economic forecasts in Paris as PCE 2.6% y/y in 2022; 2.9% y/y in 2021; core PCE 2.6% y/y in 2022; 2.5% y/y in 2021; unemployment rate 4.3% y/y in 2022; 5.6% y/y in 2021 Iran and world powers have started what could be their final negotiations to revive a 2015 nuclear accord that limited the Islamic Republic’s atomic activities in return for sanctions relief. The fifth round of talks has begun in Vienna RBA Rate Decision: Leaves cash rate unchanged at 0.1%, leaves 3Y AGB yield target at 0.1%; RBA won’t increase cash rate until actual inflation is sustainably within 2-3% target range which is unlikely to be 2024 at earliest; a pick-up in inflation/wages is expected but likely to be gradual & modest Sector News Breakdown Consumer AMC Entertainment ($AMC) issued to Mudrick Capital Management, 8.5 mln shares of company’s class a common stock for $230.5 mln Nio ($NIO) said it delivered 6,711 vehicles in May, up 95.3% Y/Y and down 5.5% M/M from April delivery of 7,102 vehicles. Xpeng Inc ($XPEV) said May deliveries jump nearly sixfold as May vehicle deliveries surged 483% to 5,686 units, spurred by record-high demand for XPEV’s P7 sedan Krispy Kreme has filed a Registration Statement on Form S-1 with the SEC relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined Macau’s gaming bureau reported May gross revenue from games of fortune in the region increased 492.2% year-over-year to 10.445B patacas (watch shares of $WYNN, $MLCO, $MGM) Planet Fitness ($PLNT) shares stock could drop 50% after a stunning recovery according to Barron’s as growth slows and the market becomes saturated. Article notes Teton Fund Management, which has shorted the stock, says millions of members will never return to a gym. Dollar General ($DG) and Dollar Tree ($DLTR) reported fiscal-first-quarter results before the bell on Thursday, and both beat analysts’ expectations-but that’s where the similarities end, according to Barron’s. DLTR warned freight costs could have a big impact on earnings, the latest indication that Dollar General is the stronger operator-and that doesn’t look set to change anytime soon For airlines, the Transportation Security Administration (TSA) reported that it screened almost 1.96 million people at airports, compared with 1.85 million on Thursday. That’s the most since March 7, 2020, when the COVID-19 pandemic was in its early stages Energy, Industrials and Materials Oil prices are higher by over 2% (WTI crude $68 per barrel and Brent tops $70) as the latest OPEC+ gathering takes place via videoconference today. OPEC+ decided in April to return 2.1M barrels per day to the market from May to July, anticipating rising global demand. Since the announcement, the crude price has risen from $60 toward the $70 level Exxon Mobil Corp ($XOM) rises along with Equinor EQNR and Petrogal Brasil says they will proceed with an $8 bln development of Brazil’s Bacalhau oil discovery Exxon ($XOM) suffered a setback this week when it lost at least two board seats to the upstart activist Engine No. 1, but the defeat could move the oil giant forward to benefit both the company and the shareholders, according to Barron’s Virgin Galactic ($SPCE) filed a shelf registration for $1 billion of mixed securities, plus 2.7m shares issuable upon the exercise of previously sold warrants Financials American Financial ($AFG) declares special dividend of $14 per share after announces closing of the sale of its annuity businesses and declares special dividend Healthcare Liminal BioSciences Inc. ($LMNL) said it has decided to stop its plans to move fezagepras into a Phase II clinical study in Idiopathic Pulmonary Fibrosis and a phase Ia/IIb study in Hypertriglyceridemia, as it evaluates the impact of the PK data profile observed in the on-going study. Forte Biosciences ($FBRX) files $300M mixed securities shelf Aeglea BioTherapeutics ($AGLE) files to sell 19.02M shares of common stock for holders Technology, Media & Telecom Cloudera ($CLDR) entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice and KKR ($KKR) in an all-cash transaction valued at approximately $5.3B (confirming reports overnight by the WSJ). Cloudera shareholders will receive $16.00 in cash per share, representing a 24% premium to the closing price as of May 28, 2021 – confirms overnight WSJ https://on.wsj.com/3uCAZ0g RingCentral ($RNG) team up with Deutsche Telekom ($DTEGY) to transform business communications for customers of all sizes. The chip shortage is creating an opportunity for two stocks according to Barron’s, Applied Materials ($AMAT) and Lam Research ($LRCX) saying both trade at about 20x earnings estimates for the next 12 months, lower than the multiples of S&P 500 Index and the PHLX semiconductor Index. SemiLEDs ($LEDS) files $30M mixed securities shelf

68 Replies 12 👍 11 🔥

profile
@RedSunCap #droscrew
recently

$RNG is a great scale in here

96 Replies 15 👍 14 🔥

profile
@Pal #droscrew
recently

$UPWK $LYFT $Z $RNG $SKLZ $COUR $AKAM also AMC

64 Replies 8 👍 7 🔥

profile
@RedSunCap #droscrew
recently

RNG on watch

61 Replies 10 👍 9 🔥

profile
@HeyShoe #droscrew
recently

$CAR $LZB $RNG $QS after the bell

46 Replies 15 👍 6 🔥

BR
@Bruce1 #ivtrades
recently

$RNG got that 450 upgrade and sold off a bit

72 Replies 15 👍 9 🔥

profile
@ivtrades-Chris #ivtrades
recently

$RNG looong base on the daily

146 Replies 10 👍 11 🔥

profile
@Benlax #droscrew
recently

$RNG busted loose today

42 Replies 10 👍 7 🔥

profile
@ivtrades-Chris #ivtrades
recently

$PACB $RNG $XLK oon deck ...waiting for trigger

70 Replies 13 👍 14 🔥

DA
@daves #droscrew
recently

Notable earnings after Monday's close AL, AMBC, ARNA, BYND, CNXN, DHT, DIOD, ELY, GSKY, HAIN, IFF, IHRT, INO, IPAR, MBI, MWA, MYGN, NBIX, NCLH, NGL, NHI, NKLA, NVAX, OR, OSH, OXY, RAMP, REAL, RNG, RPAY, SCOR, SPG, SPT, STAY, SWAV, TCO, TLND, TLRY, WES, WPM, ZGNX, ZI, ZIXI

82 Replies 11 👍 13 🔥

profile
@HeyShoe #droscrew
recently

8/3 EPS Winners: $MCK, $TSN, $EME, $CLX, $TKR, $MCY, $J, $RNG, $SEDG, $ICHR, $CHGG

108 Replies 11 👍 12 🔥

profile
@Benlax #droscrew
recently

$RNG beat and raise

102 Replies 7 👍 9 🔥

profile
@Benlax #droscrew
recently

out some $RNG spreads here 5.9 to 11.5

132 Replies 7 👍 9 🔥

profile
@Benlax #droscrew
recently

$CRWD $RNG my two software longs leading today, #feelsgoodman

47 Replies 6 👍 9 🔥

profile
@Benlax #droscrew
recently

$RNG sept 300s

80 Replies 9 👍 8 🔥

profile
@Benlax #droscrew
recently

twlo okta rng strong

117 Replies 11 👍 9 🔥

profile
@Benlax #droscrew
recently

love $RNG yearly chart

141 Replies 13 👍 14 🔥

profile
@Benlax #droscrew
recently

$rng gonna make new aths soon

149 Replies 7 👍 9 🔥

profile
@Navneet #droscrew
recently

@benlax which spreads u have for $RNG ?

78 Replies 8 👍 13 🔥

profile
@Benlax #droscrew
recently

$RNG great relative strength. mistake selling aug calls there but still have some aug spreads

101 Replies 9 👍 13 🔥

profile
@Benlax #droscrew
recently

rng band net nice relative strength today

104 Replies 14 👍 9 🔥

profile
@Benlax #droscrew
recently

out $RNG 14 to 21.8

107 Replies 15 👍 14 🔥

profile
@Benlax #droscrew
recently

like sdgr, okta, rng

41 Replies 13 👍 12 🔥

profile
@RedSunCap #droscrew
recently

i remember the meeting on RNG

49 Replies 7 👍 6 🔥

profile
@Benlax #droscrew
recently

$RNG could be nice here

143 Replies 15 👍 15 🔥

profile
@Benlax #droscrew
recently

matt with the yuge $RNG pump

139 Replies 10 👍 10 🔥

profile
@Benlax #droscrew
recently

$RNG JEFFERIES RECOMMENDS BUYING SHARES AHEAD OF EARNINGS BASED ON RECENT POSITIVE INDUSTRY CHECKS, MANAGEMENT EXECUTION & 12% PULL SINCE 7/6 -- $300 PRICE TARGET

102 Replies 6 👍 9 🔥

Key Metrics

Market Cap

21.58 B

Beta

0.73

Avg. Volume

0.96 M

Shares Outstanding

80.75 M

Yield

0%

Public Float

0

Next Earnings Date

2021-08-03

Next Dividend Date

Company Information

RingCentral, Inc. is a leading provider of business cloud communications and contact center solutions based on its powerful Message Video Phone™ (MVP™) platform. More flexible and cost effective than legacy on-premise PBX and video conferencing systems that it replaces, RingCentral empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentral offers three key products in its portfolio including RingCentral Office®, a Unified Communications as a Service (UCaaS) platform including team messaging, video meetings, and a cloud phone system, Glip®  the company's free video meetings solution with team messaging that enables Smart Video Meetings™, and RingCentral cloud Contact Center solutions. RingCentral's open platform integrates with leading third party business applications and enables customers to easily customize business workflows. RingCentral is headquartered in Belmont, California, and has offices around the world.

CEO: Vladimir Shmunis

Website:

HQ: 20 Davis Dr Belmont, 94002-3002 California

Related News

  • Business Wire

    Envera Systems Keeps Neighborhoods Safer with RingCentral Cloud Communications Solutions

    29 Jul 2021, 11:00
  • eWEEK

    Bandwidth announces Duet for RingCentral

    28 Jul 2021, 15:17
  • Business Wire

    RingCentral CEO, People and Culture Rank Highly in Comparably 2021 Leadership Awards

    28 Jul 2021, 11:00
  • UC Today News

    Avaya Cloud Office Review: UCaaS from Avaya and RingCentral

    26 Jul 2021, 11:34
  • Jumbo News

    Global PBX Phone Software Market 2021 Future Set to Massive Growth with High CAGR value | Market Players: Nextiva, 8×8, Jive Communications, Vonage Business Solutions, FluentStream, RingCentral, Business Voice, UniVoip, Dialpad, Ooma, net2phone, NICE, Twilio, Intulse, Versature, Skype, Join.me, Five9, M

    23 Jul 2021, 22:29