Ringcentral, Inc. (NYSE:RNG) Median Sales Estimate At $118.18


The EPS projection of Ringcentral, Inc. (NYSE:RNG) for quarter ended 2016-09-30 is $-0.08. Last week, the EPS forecast was $-0.08 against target of $-0.08, a month earlier. Two months ago, this estimate was $-0.08 versus forecast of $-0.08 three months earlier, implying a deviation of 0%.

Ringcentral, Inc. (NYSE:RNG) stated that 18 days ago, its stock price was positively revised 1 times while negative revisions were 2.

In last week, the experts lowered EPS 0 times and increased EPS 0 times. In last 30, 120, 60 and 90 days, the experts upped revisions 0 , 0, 0, and 0, correspondingly.

EPS estimate downgrade for Ringcentral, Inc. (NYSE:RNG) in the preceding 30, 120, 60 and 90 days were 0, 3, 0, and 3, correspondingly.

Earnings Surprises

Ringcentral, Inc. (NYSE:RNG) EPS target for the quarter closed 1 was $-0.08, based on 5 recommendations. As reported on 2016-04-27 the EPS was $-0.08. The change was $0, implying a percentage deviation of 0%. The projections showed a standard deviation of 0.01.

Quarterly Sales Estimates

Ringcentral, Inc. (NYSE:RNG) yearly sales prediction for the fiscal 2017 stands at $118.736 and the median estimate is at $118.18. Almost 3 analysts issued sales target.

Highest sales target is $120.2 while the lowest target is $117.83 showing standard deviation of 1.279%.

As many as 3 analysts have sales targets revised upside while 3 reduced sales estimates, implying a deviation of 0%.

Last month, 3 revised sales number projection on upside while 3 lowered the sales projections, implying a deviation of -0.38%.

A quarter ago, 3 hiked sales target and 3 reduced sales forecast. Ringcentral, Inc. (NYSE:RNG) announced that the deviation in forecast was -0.064%.

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