Stock’s Trend Analysis Report: Ringcentral, Inc. (NYSE:RNG), Allison Transmission Holdings, Inc. (NYSE:ALSN)

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Ringcentral, Inc. (NYSE:RNG)

RingCentral, Inc. provides solutions for business communications primarily in the United States. The Company’s products include RingCentral Office, RingCentral Mobile and RingCentral Fax. It provides solutions such as auto-receptionist, flexible extension structure, multiple voicemail boxes, smart call routing, business answering rules, extension dialing, call transfers and elegant integration with Smartphones. RingCentral, Inc. is headquartered in San Mateo, California.

Ringcentral, Inc. (NYSE:RNG)’s Financial Overview

Ringcentral, Inc. (NYSE) surged 2.38% yesterday to close its trading session at $82.3. The company has 1 year Price Target of $96.27. Ringcentral, Inc. has 52-Week high of $98.15 and 52-Week Low of $46.05. The stock touched its 52-Week High on 98.15 and 52-Week Low on 43.85. The stock traded with the volume of 748608 shares yesterday. The firm shows the market capitalization of $6.37 Billion.

Ringcentral, Inc. (NYSE) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $0.19/share against the analyst consensus estimate of $0.16/share. The difference between the actual and expected EPS is $0.03 a share with a surprise factor of 18.8%.

The firm is trading with SMA20 of 6.4 Percent, SMA50 of 3.5 Percent and SMA200 of 7 percent. Ringcentral, Inc. has P/S value of 10.19 while its P/B value stands at 21.95. Similarly, the company has Return on Assets of -3.8 percent, Return on Equity of -9.7 percent and Return on Investment of -29.7 Percent. The company shows Gross Margin and Operating Margin of 76.6 percent and -3.1 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 1.7 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 16 analysts offering 12-month price forecasts for RingCentral Inc have a median target of 95.50, with a high estimate of 105.00 and a low estimate of 84.00. The median estimate represents a +16.04% increase from the last price of 82.30.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

Allison Transmission Holdings, Inc. (NYSE:ALSN)

Allison Transmission Holdings, Inc. is engaged in the manufacturing of fully-automatic transmissions for medium- and heavy-duty commercial vehicles, medium- and heavy-tactical U.S. military vehicles and hybrid-propulsion systems for transit buses. The Company’s products are used in a variety of applications including on-highway trucks, buses, motorhomes, off-highway vehicles and equipment and military vehicles. Allison Transmission Holdings, Inc. is headquartered in Indianapolis, Indiana.

Allison Transmission Holdings, Inc. (NYSE:ALSN)’s Financial Outlook

The 13 analysts offering 12-month price forecasts for Allison Transmission Holdings Inc have a median target of 50.00, with a high estimate of 55.00 and a low estimate of 26.00. The median estimate represents a +9.82% increase from the last price of 45.53.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

According to Zacks Investment Research, Allison Transmission Holdings, Inc. has a Consensus Recommendation of 2.5. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 1.09% and closed its last trading session at $45.53. The company has the market capitalization of $5.92 Billion. The stock has 52-week high of $53.76 and 52-Week low of $37.41. The firm touched its 52-Week high on 53.76 and 52-Week low on 37.41. The company has volume of 2.03 Million shares. The company has a total of 130 Million shares outstanding.

Allison Transmission Holdings, Inc. (NYSE) in the last quarter reported its actual EPS of $1.27/share where the analyst estimated EPS was $1.09/share. The difference between the actual and Estimated EPS is $0.18. This shows a surprise factor of 16.5 percent.

The company has YTD performance of 5.71 percent. Beta for Allison Transmission Holdings, Inc. stands at 1.4 while its ATR (average true range) is 1.56. The company has Weekly Volatility of 3.86%% and Monthly Volatility of 2.90%%.

Allison Transmission Holdings, Inc. has distance from 20-day Simple Moving Average (SMA20) of -2.9%, Distance from 50-Day Simple Moving Average of -5.06 percent and Distance from 200-Day Simple Moving Average of 3.2%.

The Company currently has ROA (Return on Assets) of 16.7 percent, Return on Equity (ROE) of 105.5 Percent and Return on Investment (ROI) of 14.3% with Gross margin of 51.7 percent and Operating & Profit margin of 31.8% and 26.6% respectively.

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