The Bottom Is in for These 2 Stocks? Oppenheimer Says ‘Buy’ [Yahoo! Finance News]
RingCentral, Inc. Class A (RNG)
Last ringcentral, inc. class a earnings: 2/10 04:05 pm
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Source: Yahoo! Finance News
There’s really no use denying the headwinds that are pushing the markets around these days. Persistently high inflation, slowing GDP growth, and a jobs market that, while expanding in absolute terms, is still down from pre-pandemic levels are feeding fears that we’re facing a round of ‘70’s-style stagflation. And these have combined with geopolitical factors – the Russia-Ukraine war, the resumption of severe lockdown policies in China – to ratchet up worries about recession in the near term.At the same time, there are reasons for hope. Oppenheimer’s chief investment strategist John Stoltzfus points those out, starting with the 1Q22 earnings release season. Stoltzfus reminds us that, as of last week, 87% of the S&P-listed firms have releases their Q1 data, and that 77% of them have surprised to the upside. Overall, earnings are up nearly 8% year-over-year, and revenues are up 12%.Looking ahead, Stoltzfus paints a picture for investors willing to look at the bright side of life. He writ
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RNG
News
- Why RingCentral (RNG) is a Top Value Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- One-In-Four Satisfied Customers Don't Come Back [Forbes]Forbes
- RingCentral, Inc. (NYSE: RNG) had its price target lowered by analysts at Morgan Stanley from $35.00 to $32.00. They now have an "equal weight" rating on the stock.MarketBeat
- RingCentral Announces Date of First Quarter 2024 Financial Results Conference Call [Yahoo! Finance]Yahoo! Finance
- RingCentral Announces Date of First Quarter 2024 Financial Results Conference CallBusiness Wire
RNG
Earnings
- 2/20/24 - Beat
RNG
Sec Filings
- 4/24/24 - Form 10-K/A
- 4/3/24 - Form 4
- 4/1/24 - Form 144
- RNG's page on the SEC website