RigNet, Inc. (RNET): Price and Financial Metrics


RigNet, Inc. (RNET): $9.04

-0.44 (-4.64%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

RNET Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for RNET is 31.66 -- better than 99.06% of US stocks.
  • RNET's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 93.28% of US stocks.
  • The volatility of RigNet Inc's share price is greater than that of 91.75% US stocks with at least 200 days of trading history.
  • If you're looking for stocks that are quantitatively similar to RigNet Inc, a group of peers worth examining would be NETE, FLR, STKS, CATM, and QUAD.
  • RNET's SEC filings can be seen here. And to visit RigNet Inc's official web site, go to www.rig.net.

RNET Stock Price Chart Interactive Chart >

Price chart for RNET

RNET Price/Volume Stats

Current price $9.04 52-week high $11.19
Prev. close $9.48 52-week low $0.77
Day low $8.83 Volume 126,800
Day high $9.50 Avg. volume 224,852
50-day MA $8.12 Dividend yield N/A
200-day MA $4.70 Market Cap 185.86M

RigNet, Inc. (RNET) Company Bio


RigNet Inc. provides digital technology solutions to the oil and gas industry, focusing on serving offshore and onshore drilling rigs, energy production facilities and energy maritime vessels. The company was founded in 2000 and is based in Houston, Texas.

RNET Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$9.04$3.76 -58%

Below please find a table outlining a discounted cash flow forecast for RNET, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that RigNet Inc ranked in the 32th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for RigNet Inc ended up being:

  • RigNet Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
  • The weighted average cost of capital for the company is 13. This value is greater than 67.3% stocks in the Energy sector that generate free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-59%
1%-59%
2%-58%
3%-58%
4%-58%
5%-57%

Want more companies with a valuation profile/forecast similar to that of RigNet Inc? See SOI, EQNR, HAL, VVV, and PBR.


RNET Latest News Stream


Event/Time News Detail
Loading, please wait...

RNET Latest Social Stream


Loading social stream, please wait...

View Full RNET Social Stream

Latest RNET News From Around the Web

Below are the latest news stories about RigNet Inc that investors may wish to consider to help them evaluate RNET as an investment opportunity.

INVESTIGATION ALERT: Halper Sadeh LLP Investigates EGOV, CMD, RNET, HMSY; Shareholders Are Encouraged to Contact the Firm

NEW YORK, NY / ACCESSWIRE / February 13, 2021 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies:NIC Inc. (NASDAQ:EGOV) concerning potential violations of the federal securities laws and/or .

Yahoo | February 13, 2021

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of RigNet, Inc. - RNET

NEW YORK, Feb. 12, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is…

PR Newswire | February 12, 2021

Halper Sadeh LLP Continues to Investigate the Following Mergers; Shareholders Are Encouraged to Contact the Firm - RNET, PRGX, EGOV, AKER, WDR, HMSY

NEW YORK, Feb. 12, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: RigNet, Inc. (NASDAQ: RNET) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its…

PR Newswire | February 12, 2021

INVESTIGATION ALERT: Halper Sadeh LLP Investigates PRSP, MGLN, RNET, SPWH; Shareholders Are Encouraged to Contact the Firm

NEW YORK, Feb. 06, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Perspecta Inc. (NYSE: PRSP) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Peraton, a portfolio company of Veritas Capital. Under the terms of the merger agreement, Perspecta shareholders will receive $29.35 per share in cash. If you are a Perspecta shareholder, click here to learn more about your rights and options. Magellan Health, Inc. (NASDAQ: MGLN) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Centene Corporation for $95.00 per share in cash. If you are a Magellan shareholder, click here...

Yahoo | February 6, 2021

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Reminds Investors of Investigations of RNET, VSPR, FSRV, and LCY Mergers

WILMINGTON, Del., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating: RigNet, Inc. (NASDAQ GS: RNET) regarding possible breaches of fiduciary duties and other violations of law related to RigNet’s agreement to be acquired by Viasat Inc. Under the terms of the agreement, RigNet’s shareholders will receive 0.1845 shares of Viasat per share. To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-rignet-inc. Vesper Healthcare Acquisition Corp. (NASDAQ CM: VSPR) regarding possible breaches of fiduciary duties and other violations of law related to Vesper Healthcare’s agreement to merge with The HydraFacial Company. To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-vesper-h...

Yahoo | February 4, 2021

Read More 'RNET' Stories Here

RNET Price Returns

1-mo 4.39%
3-mo 65.27%
6-mo 85.63%
1-year 132.39%
3-year -33.28%
5-year -28.87%
YTD 53.48%
2020 -10.76%
2019 -47.78%
2018 -15.45%
2017 -35.42%
2016 11.89%

Continue Researching RNET

Here are a few links from around the web to help you further your research on RigNet Inc's stock as an investment opportunity:

RigNet Inc (RNET) Stock Price | Nasdaq
RigNet Inc (RNET) Stock Quote, History and News - Yahoo Finance
RigNet Inc (RNET) Stock Price and Basic Information | MarketWatch


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

Page generated in 0.9692 seconds.