Previous Close | 325.22 |
Open | 324.00 |
Bid | 322.81 x 1100 |
Ask | 333.77 x 1000 |
Day's Range | 321.22 - 330.36 |
52 Week Range | 215.05 - 449.00 |
Volume | 564,736 |
Avg. Volume | 922,283 |
Market Cap | 29.547B |
Beta (5Y Monthly) | 0.67 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.94 |
Earnings Date | May 04, 2021 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 476.14 |
RingCentral, Inc. (NYSE:RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced that it was named a Customers’ Choice in the April 2021 Gartner Peer Insights ‘Voice of the Customer’: Unified Communications as a Service (UCaaS), Worldwide report for both the large and mid-size enterprise. RingCentral® was the only vendor to receive the highest overall rating of 4.6 out of 5 stars, as of 28th February 2021 based on 126 reviews.
RingCentral (RNG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
It's not fair to call RingCentral (NYSE: RNG) a pandemic play, and that makes the recent market rotation out of the next-gen telco platform operator all the more frustrating. RingCentral stock has surrendered nearly 30% of its value since hitting an all-time high two months ago, and at least one Wall Street pro likes the opportunity to buy. BofA analyst Daniel Bartus is reinstating coverage of RingCentral with a buy rating.