NASDAQ:RNET - RigNet Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $13.09 -0.67 (-4.87 %) (As of 01/23/2019 04:00 PM ET)Previous Close$13.76Today's Range$12.93 - $14.0152-Week Range$10.02 - $24.05Volume66,997 shsAverage Volume33,266 shsMarket Capitalization$254.09 millionP/E RatioN/ADividend YieldN/ABeta1.7 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 Services, Applications and Internet-of-Things (Apps & IoT), and Systems Integration. The Managed Services segment provides remote communications, telephony, and technology services, including data, Internet, and Voice over Internet Protocol services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites. It also offers private networking and wide area network (WAN) acceleration solutions, software-defined appliances, content filtering, and Wi-Fi hotspots. The Apps & IoT segment provides supervisory control and data acquisition systems to monitor, gather, and process data while interacting with machines and devices, such as pipelines, valves, pumps, and motors; data analytics solutions to enhance customer productivity and safety; weather data monitoring services in the North Sea to support operations; adaptive video intelligence and video collaboration solutions; BlackTIE and CyphreLink cybersecurity offerings that protects customers data; and Wi-Fi hotspot solutions, which facilitate access to the Internet by personnel in remote facilities. The Systems Integration segment engages in the design, procurement, assembly and test, installation, and commissioning of communications systems, including WAN/LAN connectivity, access control, public address, microwave, and monitoring and control systems, as well as closed circuit televisions for monitoring and security. RigNet, Inc. was founded in 2000 and is headquartered in Houston, Texas. 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Industry, Sector and Symbol Stock Exchange NASDAQ Industry Communication services, not elsewhere classified Sub-IndustryOil & Gas Equipment & Services SectorComputer and Technology Current SymbolNASDAQ:RNET Previous Symbol CUSIP76658210 Webwww.rig.net Phone281-674-0100Debt Debt-to-Equity Ratio0.63 Current Ratio2.27 Quick Ratio2.27Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$204.89 million Price / Sales1.24 Cash Flow$0.8773 per share Price / Cash Flow14.92 Book Value$5.89 per share Price / Book2.22Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-16,170,000.00 Net Margins-7.84% Return on Equity-14.44% Return on Assets-6.40%Miscellaneous Employees503 Outstanding Shares19,411,000Market Cap$254.09 million OptionableOptionable RigNet (NASDAQ:RNET) Frequently Asked Questions What is RigNet's stock symbol? RigNet trades on the NASDAQ under the ticker symbol "RNET." How were RigNet's earnings last quarter? RigNet Inc (NASDAQ:RNET) announced its quarterly earnings data on Thursday, November, 8th. The Wireless communications provider reported ($0.15) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.16) by $0.01. The Wireless communications provider earned $64.77 million during the quarter. RigNet had a negative return on equity of 14.44% and a negative net margin of 7.84%. View RigNet's Earnings History. When is RigNet's next earnings date? RigNet is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for RigNet. What price target have analysts set for RNET? 2 analysts have issued 1-year target prices for RigNet's stock. Their forecasts range from $15.00 to $24.00. On average, they expect RigNet's share price to reach $19.50 in the next twelve months. This suggests a possible upside of 49.0% from the stock's current price. View Analyst Price Targets for RigNet. What is the consensus analysts' recommendation for RigNet? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RigNet in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for RigNet. Has RigNet been receiving favorable news coverage? News stories about RNET stock have been trending negative on Wednesday, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. RigNet earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news coverage about the Wireless communications provider a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future. Who are some of RigNet's key competitors? Some companies that are related to RigNet include Boingo Wireless (WIFI), ORBCOMM (ORBC), Calix (CALX), Gogo (GOGO), Global Eagle Entertainment (ENT), B Communications (BCOM), Remark (MARK), Lithium Co.. (LTUM), Dropcar (DCAR), Directview (DIRV), Plaintree Systems (PTEEF), Towerstream (TWER), China Teletech (CNCT), RadioIO (RAIO) and DigitalGlobe (DGI). Who are RigNet's key executives? RigNet's management team includes the folowing people: Mr. Steven E. Pickett, CEO, Pres & Director (Age 55)Mr. Brendan Sullivan, CTO & Chief Information Officer (Age 45)Mr. Jay T. Hilbert, Sr. VP of Global Sales (Age 59)Mr. Edward Traupman, VP and GM of Products & Services (Age 68)Mr. William D. Sutton, Consultant (Age 65) Who are RigNet's major shareholders? RigNet's stock is owned by many different of retail and institutional investors. Top institutional investors include Strs Ohio (0.16%). Company insiders that own RigNet stock include Benjamin Andrew Carter, Brendan Sullivan, Charles E Schneider, Charles Louis Iv Davis, Digital Oilfield Investments L, Fund Holdings Gp Ltd Kkr, Keith Olsen, Kevin C Mulloy and Tonya Maumus Mcdermott. View Institutional Ownership Trends for RigNet. Which major investors are selling RigNet stock? RNET stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio. Company insiders that have sold RigNet company stock in the last year include Benjamin Andrew Carter, Brendan Sullivan, Charles Louis Iv Davis, Keith Olsen, Kevin C Mulloy and Tonya Maumus Mcdermott. View Insider Buying and Selling for RigNet. How do I buy shares of RigNet? Shares of RNET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is RigNet's stock price today? One share of RNET stock can currently be purchased for approximately $13.09. How big of a company is RigNet? RigNet has a market capitalization of $254.09 million and generates $204.89 million in revenue each year. RigNet employs 503 workers across the globe. What is RigNet's official website? The official website for RigNet is http://www.rig.net. How can I contact RigNet? RigNet's mailing address is 15115 PARK ROW BOULEVARD SUITE 300, HOUSTON TX, 77084. The Wireless communications provider can be reached via phone at 281-674-0100 or via email at [email protected] MarketBeat Community Rating for RigNet (NASDAQ RNET)Community Ranking: 2.5 out of 5 ( )Outperform Votes: 223 (Vote Outperform)Underperform Votes: 222 (Vote Underperform)Total Votes: 445MarketBeat's community ratings are surveys of what our community members think about RigNet and other stocks. Vote "Outperform" if you believe RNET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RNET will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 1/23/2019 by MarketBeat.com StaffFeatured Article: Do back-end load funds outperform no-load funds?