Market research
RNET RigNet, Inc
NASDAQ USD Energy
Latest close
As of 05 Dec 2024
Test a moving-average rule with historical data.
Market facts
- Market cap
- 202M
- P/E ratio
- Not available
- Analyst target
- 6
- Dividend yield
- 0.0%
- Beta
- 2.41
Profile
Instrument facts
- Exchange
- NASDAQ
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- ISIN
- Not available
- Market cap
- 202M
- P/E ratio
- Not available
- Analyst target
- 6
- Dividend yield
- 0.0%
- Beta
- 2.41
About
About RigNet, Inc
RigNet, Inc., 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.
Research context
RigNet, Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
Community
Investor discussion
1 comment
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5 years, 6 months ago
RigNet, Inc is currently in a long term uptrend where the price is trading 37.5% above its 200 day moving average.
From a valuation standpoint, the stock is 88.8% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.9.
RigNet, Inc's total revenue sank by 26.6% to $47M since the same quarter in the previous year.
Its net income has dropped by 1641.5% to $-9M since the same quarter in the previous year.
Finally, its free cash flow grew by 18252.4% to $12M since the same quarter in the previous year.
Based on the above factors, RigNet, Inc gets an overall score of 3/5.