RigNet Stock Forecast, Price & News

RigNet (NASDAQ:RNET) Frequently Asked Questions

Is RigNet a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RigNet in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RigNet stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RNET, but not buy additional shares or sell existing shares.
View analyst ratings for RigNet or view top-rated stocks.

What stocks does MarketBeat like better than RigNet?

Wall Street analysts have given RigNet a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but RigNet wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How were RigNet's earnings last quarter?

RigNet, Inc. (NASDAQ:RNET) issued its quarterly earnings data on Monday, March, 15th. The Wireless communications provider reported ($0.44) earnings per share for the quarter, missing the consensus estimate of ($0.35) by $0.09. The Wireless communications provider had revenue of $47.05 million for the quarter. RigNet had a negative trailing twelve-month return on equity of 200.81% and a negative net margin of 16.51%.
View RigNet's earnings history.

Who are RigNet's key executives?

RigNet's management team includes the following people:

• Steven E. Pickett, President, Chief Executive Officer & Director
• Errol J. Olivier, Chief Operating Officer & Senior Vice President
• Lee Michael Ahlstrom, Chief Financial Officer & Senior Vice President
• Brendan Sullivan, Chief Technology & Information Officer
• Brad Eastman, Senior Vice President & General Counsel

What is Steven E. Pickett's approval rating as RigNet's CEO?

30 employees have rated RigNet CEO Steven E. Pickett on Glassdoor.com. Steven E. Pickett has an approval rating of 42% among RigNet's employees. This puts Steven E. Pickett in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of RigNet's key competitors?

Some companies that are related to RigNet include Schlumberger (SLB), Halliburton (HAL), NOV (NOV), TechnipFMC (FTI), Oceaneering International (OII), RPC (RES), Dril-Quip (DRQ), Helix Energy Solutions Group (HLX), Tidewater (TDW), TETRA Technologies (TTI), Oil States International (OIS), Newpark Resources (NR), Matrix Service (MTRX), Natural Gas Services Group (NGS) and Geospace Technologies (GEOS).
View all of RNET's competitors.

What other stocks do shareholders of RigNet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RigNet investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), The Boeing (BA), Intel (INTC), B2Gold (BTG), Novavax (NVAX), Transocean (RIG), Skyworks Solutions (SWKS), Micron Technology (MU) and Valero Energy (VLO).

What is RigNet's stock symbol?

RigNet trades on the NASDAQ under the ticker symbol "RNET."

What is RigNet's stock price today?

One share of RNET stock can currently be purchased for approximately $9.60.

How much money does RigNet make?

RigNet has a market capitalization of $201.75 million and generates $242.93 million in revenue each year.

How many employees does RigNet have?

RigNet employs 625 workers across the globe.

What is RigNet's official website?

The official website for RigNet is www.rig.net.

Where are RigNet's headquarters?

RigNet is headquartered at 15115 PARK ROW BOULEVARD SUITE 300, HOUSTON TX, 77084.

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].