RingCentral Inc (RNG, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. RingCentral Inc provides software-as-a-service, or SaaS, solutions for business communications. Its solutions can be used in multiple devices including Smartphones, Tablets, PC's and Desk Phones which allows for communication across multiple channels. RingCentral Inc has a market cap of $20.23 billion; its shares were traded at around $234.93 with and P/S ratio of 21.66. GuruFocus has detected 2 severe warning signs with RingCentral Inc. .
For the last quarter RingCentral Inc reported a revenue of $252.9 million, compared with the revenue of $188.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $902.9 million, an increase of 34% from last year. For the complete 30-year financial data, please go here.. For the last five years RingCentral Inc had an average revenue growth rate of 32.3% a year.
The reported loss per diluted share was 64 cents for the year, compared with the loss per share of $0.22 in the previous year. The RingCentral Inc had an operating margin of -5.06%, compared with the operating margin of -2.44% a year before. The 10-year historical median operating margin of RingCentral Inc is -12.48%. The profitability rank of the company is 3 (out of 10).
At the end of the fiscal year, RingCentral Inc has the cash and cash equivalents of $343.6 million, compared with $566.3 million in the previous year. The long term debt was $415.4 million, compared with $366.6 million in the previous year. RingCentral Inc has a financial strength rank of 5 (out of 10).
At the current stock price of $234.93, RingCentral Inc is traded at 315.2% premium to its historical median P/S valuation band of $56.58. The P/S ratio of the stock is 21.66, while the historical median P/S ratio is 5.22. The stock gained 122.98% during the past 12 months.
CEO Recent Trades:
- CEO & Chairman Vladimir Shmunis sold 41,000 shares of RNG stock on 02/24/2020 at the average price of $232.12. The price of the stock has increased by 1.21% since.
- CEO & Chairman Vladimir Shmunis sold 32,000 shares of RNG stock on 02/21/2020 at the average price of $239.03. The price of the stock has decreased by 1.72% since.
- CEO & Chairman Vladimir Shmunis sold 88,424 shares of RNG stock on 02/21/2020 at the average price of $240.66. The price of the stock has decreased by 2.38% since.
CFO Recent Trades:
- CFO Mitesh Dhruv sold 5,056 shares of RNG stock on 02/19/2020 at the average price of $247.17. The price of the stock has decreased by 4.95% since.
Directors and Officers Recent Trades:
- Chief Strategy Officer Praful Shah sold 6,230 shares of RNG stock on 02/20/2020 at the average price of $243.6. The price of the stock has decreased by 3.56% since.
- Chief Strategy Officer Praful Shah sold 6,230 shares of RNG stock on 02/19/2020 at the average price of $249.84. The price of the stock has decreased by 5.97% since.
For the complete 20-year historical financial data of RNG, click here.
