RigNet Stock Price and Value Analysis

Should you buy RigNet stock? (NasdaqGS:RNET). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantagesNeutral
  • This company is solid.
  • This company is not making money.
  • This company has wild ups and downs.
  • This stock looks overpriced.
  • This company pays no dividend.

Inside the RNET Numbers

RNET Price
(RigNet stock price per share)
$9.60
[?] PE Ratio versus Sector 71% higher than other Energy stocks
[?] PE Ratio versus Industry 2% higher than other Oil & Gas Equipment & Services stocks
[?] Cash Yield 17.45%
[?] Free Cash Flow Jitter 276%

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 204,878 shares shorted. With 13,036,236 shares available for purchase and an average trading volume over the past 10 trading days of 79,200, it would take at least 2.587 days for all of the short holders to cover their shorts.

Is RigNet Stock on Sale?

Based on our analysis, we believe that you should not buy RigNet right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

Should You Buy RNET Stock?

Does RigNet have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.