Home » Stocks » RNET

RigNet, Inc. (RNET)

Stock Price: $5.43 USD -0.06 (-1.09%)
Updated November 25, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 111.64M
Revenue (ttm) 224.97M
Net Income (ttm) -37.22M
Shares Out 20.56M
EPS (ttm) -1.76
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day November 25
Last Price $5.43
Previous Close $5.49
Change ($) -0.06
Change (%) -1.09%
Day's Open 5.49
Day's Range 5.35 - 5.49
Day's Volume 88,117
52-Week Range 0.77 - 6.91

More Stats

Market Cap 111.64M
Enterprise Value 208.09M
Earnings Date (est) Mar 8, 2021
Ex-Dividend Date n/a
Shares Outstanding 20.56M
Float 14.92M
EPS (basic) -1.83
EPS (diluted) -1.76
FCF / Share 0.60
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 12.22%
Payout Ratio n/a
Shares Short 985,881
Short Ratio 7.84
Short % of Float 6.61%
Beta 2.35
PE Ratio n/a
Forward PE n/a
P/FCF Ratio 8.18
PS Ratio 0.50
PB Ratio 14.64
Revenue 224.97M
Operating Income -26.12M
Net Income -37.22M
Free Cash Flow 13.64M
Net Cash -96.45M
Net Cash / Share -4.69
Gross Margin 41.42%
Operating Margin -11.61%
Profit Margin -16.50%
FCF Margin 6.06%
ROA 0.64%
ROE -145.70%
ROIC -13.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (1)

Buy 1
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$17.00*
Low
17.0
Current: $5.43
High
17.0
Target: 17.00
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue24323920522127133022116210992.92
Revenue Growth1.71%16.58%-7.13%-18.67%-17.84%49.6%36.52%47.84%17.69%-
Gross Profit93.1892.2573.7390.8610814210280.6060.7150.44
Operating Income-2.07-61.10-9.99-2.45-11.3534.0828.2322.8016.8912.60
Net Income-19.16-62.45-16.18-11.51-16.9715.6416.3411.889.52-15.59
Shares Outstanding19.8318.7118.0117.7717.5317.3216.2715.5915.395.57
Earnings Per Share-0.97-3.34-0.90-0.65-0.970.870.930.700.57-3.38
EPS Growth------6.45%32.86%22.81%--
Operating Cash Flow-20.287.6729.2339.1737.0343.7628.0532.2616.5919.90
Capital Expenditures-16.54-28.99-17.79-13.45-33.98-39.42-29.73-21.51-19.00-13.45
Free Cash Flow-36.83-21.3211.4425.733.054.34-1.6810.75-2.406.45
Cash & Equivalents14.5123.3036.1458.8161.0167.7861.6562.5453.1160.44
Total Debt11477.0358.1161.4777.6686.1159.5661.2923.5232.14
Net Cash / Debt-99.55-53.73-21.97-2.66-16.65-18.342.091.2529.5928.30
Assets251259230231258300239216141130
Liabilities20420312311813515811411457.5461.93
Book Value46.7255.9210711212314212510283.2267.70
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name RigNet, Inc.
Country United States
Employees 625
CEO Steven E. Pickett

Stock Information

Ticker Symbol RNET
Stock Exchange NASDAQ
Sector Energy
Industry Oil & Gas Equipment & Services
Unique Identifier NASDAQ: RNET
IPO Date December 15, 2010

Description

RigNet, a technology company, provides customized communications services, applications, and cybersecurity solutions in the United States and internationally. The company operates through three segments: Managed Communications Services, Applications and Internet-of-Things (Apps & IoT), and Systems Integration. The Managed Communications Services segment provides remote communication, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites. This segment also sells communications equipment; and provides installation and maintenance services. The Apps & IoT segment offers applications over-the-top of the network layer, including Software as a Service offerings, such as a real-time machine learning and artificial intelligence data platform; Cyphre encryption; cybersecurity services; edge computing solution services that assist customers with collecting and standardizing the complex data produced by edge devices; applications for safety and workforce productivity; and other value-added services. This segment also provides private machine-to-machine IoT data networks, including supervisory control and data acquisition. The Systems Integration segment engages in the design, consulting, engineering, project management, procurement, testing, installation, commissioning, and maintenance of telecommunications systems. This segment also provides monitoring and maintenance for fire and gas detection systems; and programmable logic controller and automation control systems. RigNet, Inc. was founded in 2000 and is headquartered in Houston, Texas.