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RigNet, Inc. provides digital technology solutions to the oil and gas industry. The company operates through three segments: Eastern Hemisphere, Western Hemisphere, and Telecoms Systems Integration.View RNET
RigNet Inc - RNET - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates RigNet Inc as a
Sell with a ratings score of D+.
Report Snippet: We rate RIGNET INC (RNET) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself.