RigNet Stock

RigNet Stocks 2024

RigNet Stocks

20.62 M

Ticker

RNET

ISIN

US7665821002

WKN

A1C2L3

In 2024, RigNet had 20.62 M outstanding stocks, a 0% change from the 20.62 M stocks in the previous year.

The RigNet Stocks history

YEARNUMBER OF STOCKS (undefined USD)
2023e20.62
2022e20.62
2021e20.62
202020.62
201919.83
201818.71
201718.01
201617.77
201517.53
201417.9

RigNet shares outstanding

The number of shares was RigNet in 2023 — This indicates how many shares 20.622 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details

Revenue, EBIT and Earnings per share

Revenue Per Share

Revenue per share represents the total revenue RigNet earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates RigNet's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of RigNet’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating RigNet's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

RigNet Aktienanalyse

What does RigNet do?

RigNet Inc is a US telecommunications company specializing in services and products for the energy industry. The company was founded in 2000 and is headquartered in Houston, Texas. Business model: RigNet's business model is based on providing communication solutions for the oil and gas industry, including offshore drilling, exploration and production platforms, deep-sea drilling, and ships and drilling vehicles. These solutions range from satellite communication to terrestrial networks. RigNet aims to provide its customers with reliable, secure, and fast connectivity to make their business processes more efficient. Divisions: RigNet offers various services and products in the following business areas: 1. Managed Communications Services - This division includes the provision of telecommunications services such as global satellite communication and terrestrial network connectivity, as well as network management services and cyber security services. 2. Applications and Internet-of-Things (IoT) Solutions - RigNet develops custom software applications and IoT solutions to assist customers in monitoring and controlling operational processes. Examples include asset tracking and management solutions, alarm monitoring systems, and remote monitoring systems. 3. Systems Integration - RigNet also offers system integration services to integrate all aspects of the customer's communication infrastructure (satellite, radio, 4G/LTE, LAN, WAN). 4. Consulting - RigNet also supports customers through consulting expertise in network design and implementation, business optimization, cyber security, and intelligence services. Products: RigNet has a wide range of products to meet the specific requirements and needs of its customers. For example: 1. CyphreLinkTM - A leading cyber security service that focuses on protecting corporate and critical data using state-of-the-art encryption technologies. 2. Managed Satellite Services - RigNet offers a variety of satellite communication services, such as "Always-On" internet connectivity, voice communication, and remote monitoring. 3. IoT Platform - RigNet has also developed an IoT platform that provides custom applications such as asset tracking, alarm and environmental data monitoring, and health and safety monitoring of equipment. 4. Network Operation Center (NOC) - RigNet operates a global NOC that provides 24/7/365 support for technical issues. History: RigNet was founded in 2000 by Mark Slaughter, who established the company in Houston, Texas. Originally, the company was an internet service provider for oil and gas companies in South Texas before specializing in telecommunications services. In 2013, RigNet was spun off to the NYSE and went public in the same year. In 2016, RigNet acquired the system integration and consulting company Cyphre Security Solutions to expand its capabilities in network security and encryption technology. Conclusion: Overall, RigNet is an innovative telecommunications company specializing in providing seamless communication services, IoT solutions, and cyber security services to optimize the business processes of its customers in the energy industry. RigNet focuses on high reliability and flexibility to support its customers' requirements and has made a name for itself in the industry. RigNet ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Stocks Details

Evaluating RigNet's Shares Outstanding

RigNet's shares outstanding refer to the total number of shares that are currently held by all its shareholders, including institutional investors and restricted shares held by the company’s officers and insiders. The number of shares outstanding is crucial in determining the company's market capitalization and is used by investors to assess the company’s size, financial health, and investment potential.

Year-to-Year Comparison

Tracking the changes in RigNet’s shares outstanding over the years can provide investors with insights into the company's financial strategies and market valuation. An increase in shares outstanding can result from actions like issuing new shares, while a decrease can result from buybacks.

Impact on Investments

For investors, understanding RigNet’s shares outstanding is essential for evaluating its earnings per share (EPS) and market valuation. A change in the number of shares outstanding can impact the EPS, which is a significant driver of stock prices and investor decisions.

Interpreting Changes in Shares Outstanding

Variances in RigNet’s shares outstanding can signal shifts in the company’s financial strategy. An increase may dilute the EPS and share value, indicating potential fundraising or acquisitions. Conversely, a decrease, often due to share buybacks, can enhance share value and indicate the company’s confidence in its financial performance.

Frequently Asked Questions about RigNet stock

How many stocks are there of RigNet?

The current number of stocks of RigNet is 20.62 M undefined.

What does Number of Shares / OutstandingShares mean?

The outstanding shares (or issued shares) of RigNet are the total number of shares issued and actively held by shareholders - both external investors and company insiders. However, these must be actual shares. may grant stock options to executives that can be converted into shares.

How has the number of shares of RigNet evolved in recent years?

The number of shares of RigNet has increased by 0% gestiegen compared to last year.

What does the number of shares mean for investors?

The number of shares outstanding is used to calculate key metrics such as a company's market capitalization, earnings per share (EPS), and cash flow per share (CFPS). The number of outstanding shares of a company is not static and can fluctuate greatly over time.

Why does the number of stocks fluctuate?

There are various factors that can lead to a change. RigNet as a company can issue new shares, carry out stock splits or reverse splits.

Does the number of shares have an impact on the performance of RigNet?

There is no tangible long-term evidence or study that stocks with a certain number of shares (regardless of Mega/Large/Mid/Small Cap) would yield significantly higher returns than others. There are occasional small studies (limited number of stocks, short investment period) that certain classes outperform or have higher risk, but none of them are 1. conclusive (cause-effect is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

How much dividend does RigNet pay?

Over the past 12 months, RigNet paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, RigNet is expected to pay a dividend of 0 USD.

What is the dividend yield of RigNet?

The current dividend yield of RigNet is .

When does RigNet pay dividends?

RigNet pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of RigNet?

RigNet paid dividends every year for the past 0 years.

What is the dividend of RigNet?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is RigNet located?

RigNet is assigned to the 'Energy' sector.

Wann musste ich die Aktien von RigNet kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of RigNet from 10/5/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/5/2024.

When did RigNet pay the last dividend?

The last dividend was paid out on 10/5/2024.

What was the dividend of RigNet in the year 2023?

In the year 2023, RigNet distributed 0 USD as dividends.

In which currency does RigNet pay out the dividend?

The dividends of RigNet are distributed in USD.

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Andere Kennzahlen von RigNet

Our stock analysis for RigNet Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of RigNet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.