|Bid||322.81 x 1100|
|Ask||333.77 x 1000|
|Day's Range||321.22 - 330.36|
|52 Week Range||215.05 - 449.00|
|Beta (5Y Monthly)||0.67|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 04, 2021|
|Forward Dividend & Yield||N/A (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.