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RingCentral (RNG) Competitors

$37.05
+0.13 (+0.35%)
(As of 10:25 AM ET)

RNG vs. DXC, ATHM, FIVN, CLVT, YY, PEGA, STNE, ETWO, UPWK, and SSTK

Should you be buying RingCentral stock or one of its competitors? The main competitors of RingCentral include DXC Technology (DXC), Autohome (ATHM), Five9 (FIVN), Clarivate (CLVT), JOYY (YY), Pegasystems (PEGA), StoneCo (STNE), E2open Parent (ETWO), Upwork (UPWK), and Shutterstock (SSTK). These companies are all part of the "data processing & preparation" industry.

RingCentral vs.

RingCentral (NYSE:RNG) and DXC Technology (NYSE:DXC) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, community ranking, risk, profitability, analyst recommendations, dividends, media sentiment and valuation.

DXC Technology has higher revenue and earnings than RingCentral. RingCentral is trading at a lower price-to-earnings ratio than DXC Technology, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
RingCentral$2.20B1.55-$165.24M-$1.49-24.87
DXC Technology$13.67B0.22$91M$0.3743.43

In the previous week, DXC Technology had 41 more articles in the media than RingCentral. MarketBeat recorded 45 mentions for DXC Technology and 4 mentions for RingCentral. RingCentral's average media sentiment score of 0.40 beat DXC Technology's score of 0.06 indicating that RingCentral is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
RingCentral
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
DXC Technology
6 Very Positive mention(s)
5 Positive mention(s)
11 Neutral mention(s)
12 Negative mention(s)
1 Very Negative mention(s)
Neutral

RingCentral presently has a consensus price target of $39.28, suggesting a potential upside of 5.87%. DXC Technology has a consensus price target of $20.41, suggesting a potential upside of 23.32%. Given DXC Technology's higher possible upside, analysts plainly believe DXC Technology is more favorable than RingCentral.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
RingCentral
0 Sell rating(s)
10 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.53
DXC Technology
3 Sell rating(s)
8 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.73

RingCentral has a beta of 0.94, indicating that its share price is 6% less volatile than the S&P 500. Comparatively, DXC Technology has a beta of 1.85, indicating that its share price is 85% more volatile than the S&P 500.

RingCentral received 497 more outperform votes than DXC Technology when rated by MarketBeat users. Likewise, 73.17% of users gave RingCentral an outperform vote while only 61.90% of users gave DXC Technology an outperform vote.

CompanyUnderperformOutperform
RingCentralOutperform Votes
908
73.17%
Underperform Votes
333
26.83%
DXC TechnologyOutperform Votes
411
61.90%
Underperform Votes
253
38.10%

DXC Technology has a net margin of 0.67% compared to RingCentral's net margin of -6.18%. DXC Technology's return on equity of 18.43% beat RingCentral's return on equity.

Company Net Margins Return on Equity Return on Assets
RingCentral-6.18% N/A -1.96%
DXC Technology 0.67%18.43%4.23%

98.6% of RingCentral shares are owned by institutional investors. Comparatively, 96.2% of DXC Technology shares are owned by institutional investors. 6.8% of RingCentral shares are owned by insiders. Comparatively, 0.9% of DXC Technology shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

DXC Technology beats RingCentral on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RNG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RNG vs. The Competition

MetricRingCentralData processing & preparation IndustryComputer SectorNYSE Exchange
Market Cap$3.41B$3.60B$19.90B$17.95B
Dividend YieldN/A2.07%2.70%3.43%
P/E Ratio-24.8714.45206.4222.21
Price / Sales1.555.31537.7510.77
Price / Cash13.6348.9928.9715.96
Price / Book-6.897.317.134.91
Net Income-$165.24M$38.53M$608.11M$973.44M
7 Day Performance1.12%-0.14%3.45%3.65%
1 Month Performance26.19%10.96%8.61%8.42%
1 Year Performance19.44%-0.71%26.39%27.53%

RingCentral Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DXC
DXC Technology
4.7505 of 5 stars
$19.79
+1.3%
$23.20
+17.2%
-32.4%$3.62B$13.87B-10.36130,000Earnings Report
Analyst Forecast
ATHM
Autohome
3.2505 of 5 stars
$29.37
-1.9%
$46.00
+56.6%
-2.5%$3.69B$7.26B13.925,511Positive News
FIVN
Five9
3.2856 of 5 stars
$53.26
-0.4%
$84.88
+59.4%
-13.7%$3.93B$939.06M-62.662,684Analyst Forecast
CLVT
Clarivate
3.3899 of 5 stars
$6.51
+4.7%
$7.78
+19.5%
-17.8%$4.35B$2.63B-3.9212,000Gap Up
YY
JOYY
2.1718 of 5 stars
$33.92
-2.0%
$42.00
+23.8%
+19.2%$2.06B$2.27B6.826,292
PEGA
Pegasystems
4.9466 of 5 stars
$61.27
-1.4%
$72.33
+18.1%
+42.5%$5.21B$1.43B74.725,406Positive News
STNE
StoneCo
4.9367 of 5 stars
$15.30
-8.1%
$19.00
+24.2%
+9.5%$5.23B$11.36B15.1517,091Gap Down
High Trading Volume
ETWO
E2open Parent
0.6023 of 5 stars
$4.97
+2.3%
$4.29
-13.8%
+12.1%$1.69B$634.55M-1.403,916
UPWK
Upwork
3.4486 of 5 stars
$12.33
+2.2%
$17.30
+40.3%
+48.5%$1.64B$689.14M35.23800
SSTK
Shutterstock
4.3887 of 5 stars
$42.81
+2.6%
$62.50
+46.0%
-19.5%$1.53B$874.59M16.591,274

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This page (NYSE:RNG) was last updated on 5/20/2024 by MarketBeat.com Staff

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