For its second fiscal quarter (ending June 30), RingCentral Inc (NYSE: RNG) has reported E.P.S. of $-0.16 compared to $-0.23 a year ago. E.P.S. were $-1.42 for the latest four quarters through June 30 versus $-6.74 for the same period a year ago.
Recent Price Action
On 8/1/24, RingCentral Inc (NYSE: RNG) stock declined by -4.6%, closing at $33.45. NORMAL trading volume accompanied the decline. The stock has risen 5.2% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, RNG is expected to be a major Value Eraser.
RingCentral is currently unrated.
Rating Review
The stock is currently unrated.
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