Sept. 14, 2018 Price forecast | 2 weeks: -0.52% | 1 month: -0.28% | 3 months: -2.40%


RNET stock forecast

Our latest prediction for RigNet, Inc.'s stock price was made on the Sept. 14, 2018 when the stock price was at 20.50$.

In the short term (2weeks), RNET's stock price should underperform the market by -0.52%. During that period the price should oscillate between -8.67% and +8.55%.

In the medium term (3months), RNET's stock price should underperform the market by -2.40%. During that period the price should oscillate between -18.45% and +20.40%.


About RigNet, Inc.

RigNet, Inc. is a technology company, which engages in the provision of customized communications services, applications, and cybersecurity solutions. It operates through the following segments: Managed Services, Applications & Internet-of-Things, Systems Integration and Corporate. The Managed Services segment comprises remote communications, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites. The Applications & Internet-of-Things segment focuses on the applications over-the-top of the Managed Services segment including Supervisory Control and Data Acquisition (SCADA) and Software as a Service (SaaS) offerings including BlackTIE and CyphreLink encryption, weather monitoring primarily in the North Sea (MetOcean), real-time data monitoring and machine-to-machine learning, and certain other value-added services such as Adaptive Video Intelligence (AVI). The Systems Integration segment gives design and implementation services for customer telecommunications systems. The Corporate segment consists of unallocated executive and support activities, interest expense, income taxes and eliminations. RigNet was founded by Omar Kulbrandstad in 2000 and is headquartered in Houston, TX.

At the moment the company generates 235M USD in revenues.

On its last earning announcement, the company reported a loss of -1.01$ per share.

The book value per share is 5.68$

RigNet, Inc. website


Three months stock forecastSept. 14, 2018


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
235M 37.79% -12M -5.20% -18M -1.01 - - 18M 5.68 10M -24M -14M