RingCentral (NYSE:RNG – Get Free Report) and DoubleDown Interactive (NASDAQ:DDI – Get Free Report) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, dividends, valuation, earnings, analyst recommendations, risk and institutional ownership.
Profitability
This table compares RingCentral and DoubleDown Interactive’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| RingCentral | -2.43% | -12.34% | 3.57% |
| DoubleDown Interactive | 36.37% | 15.52% | 14.31% |
Analyst Recommendations
This is a breakdown of current ratings and recommmendations for RingCentral and DoubleDown Interactive, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| RingCentral | 1 | 7 | 5 | 0 | 2.31 |
| DoubleDown Interactive | 0 | 0 | 3 | 0 | 3.00 |
Valuation and Earnings
This table compares RingCentral and DoubleDown Interactive”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| RingCentral | $2.43 billion | 1.00 | -$165.24 million | ($0.44) | -61.16 |
| DoubleDown Interactive | $336.68 million | 1.54 | $124.02 million | $2.38 | 4.41 |
DoubleDown Interactive has lower revenue, but higher earnings than RingCentral. RingCentral is trading at a lower price-to-earnings ratio than DoubleDown Interactive, indicating that it is currently the more affordable of the two stocks.
Institutional & Insider Ownership
98.6% of RingCentral shares are owned by institutional investors. 7.0% of RingCentral shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Volatility & Risk
RingCentral has a beta of 1.33, suggesting that its share price is 33% more volatile than the S&P 500. Comparatively, DoubleDown Interactive has a beta of 0.89, suggesting that its share price is 11% less volatile than the S&P 500.
Summary
DoubleDown Interactive beats RingCentral on 9 of the 14 factors compared between the two stocks.
About RingCentral
RingCentral, Inc., together with its subsidiaries, provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The company’s products include RingCentral Message Video Phone that provides a unified experience for communication and collaboration across multiple modes, including HD voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers AI-powered omnichannel and workforce engagement solutions with integrated RingCentral MVP; and RingCX, an AI-powered contact center that a native delivers omnichannel experience. It provides RingCentral Video, a video meeting service that includes the company’s RCV video and team messaging capabilities; offers video and audio conferencing, team messaging, file sharing, contact, task, and calendar management, as well as pre-meeting, in-meeting, and post-meeting capabilities. In addition, the company offers RingCentral Professional Services, which include consultation, UCaaS and CCaaS implementation, VoIP phone system adoption, configuring custom workflows, customer and user onboarding, ongoing support, advanced support, managed services, and more. It serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, state and local government, and others. It sells its products to enterprise customers, as well as small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.
About DoubleDown Interactive
DoubleDown Interactive Co., Ltd. engages in the development and publishing of casual games and mobile applications in South Korea. It publishes digital gaming content on mobile and web platforms. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and cash me out games, as well as sells in-game virtual chips. Its games are primarily distributed, marketed, and promoted through third party platform providers. The company was formerly known as The8Games Co., Ltd. and changed its name to DoubleDown Interactive Co., Ltd. in December 2019. The company was incorporated in 2008 and is headquartered in Seoul, South Korea. DoubleDown Interactive Co., Ltd. is a subsidiary of DoubleU Games Co., Ltd.
Receive News & Ratings for RingCentral Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RingCentral and related companies with MarketBeat.com's FREE daily email newsletter.
