The long-term trend of the EPS is an important number as it indicates the present value of RigNet. The EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 8.40 % over the last twelve months. Growth in EPS is an important measure of administration performance because it shows how much money RigNet is making for it’s investors or shareholders.



RigNet is in the technology sector and is part of the communication equipment industry. The company CEO is Steven E. Pickett. RigNet Inc provides managed remote communications, engineered telecommunications solutions and applications. It offers fully-managed voice and data networks to applications that include video conferencing, crew welfare, and real-time data services.

Previous Intraday Performance:

The RNET shares had a previous change of 2.14% which opened at 18.41 and closed at 18.61. It moved to an intraday high of 18.81 and a low of 17.67.

SeekingAlpha:  Technology – Top 5 Gainers / Losers as of 2.45 PM (09/14/2018)

Historical Performance:

Over the last five trading days, RNET shares returned 8.89% and in the past 30 trading days it returned -3.58%. Over three months, it changed 40.98%. In one year it has changed 20.84% and within that year its 52-week high was 24.05 and its 52-week low was 10.03. RNET stock is 85.64% above its 52 Week Low.

Our calculations result in a 200 day moving average of 14.80 and a 50 day moving average of 18.63. Right now, RNET stock is trading 25.76% above its 200 day moving average.

SeekingAlpha:  Technology – Top 5 Gainers / Losers as of 2.45 PM (09/14/2018)

Liquidity:

The company has a market cap of $360.3m with 19.4m shares outstanding and a float of 18.6m shares. Trading volume was 57,434 shares and has experienced an average volume of 63,245 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for RigNet was -0.9 which ended on 31st of December 2017.

Below was the last reported quarterly earnings per share:
06-30-2018:  -0.23
03-31-2018:  -0.25
12-31-2017:  -0.21
09-30-2017:  -0.14



Base on our calculations, the intrinsic value per share is 9.01, which means it might overvalued by -106.49%

Indicators Also to Watch:

Based on the latest filings, there is 48.20% of institutional ownership. Short-interest was 0, which was 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio was 0.00.

I calculated the beta to be 1.52

SeekingAlpha:  Six Flags’ Earnings Was A Surprise – Cramer’s Lightning Round (10/29/18)

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -17.48%, return on assets is -8.23%, profit margin is -9.19%, price-to-sales is 2.07 and price-to-book is 3.21.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 3  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 0  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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