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RXT

Rackspace Technology NasdaqGS:RXT Stock Report

Last Price

US$4.76

Market Cap

US$1.0b

7D

0.8%

1Y

-67.9%

Updated

27 Nov, 2022

Data

Company Financials +
RXT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

RXT Stock Overview

Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide.

Rackspace Technology, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rackspace Technology
Historical stock prices
Current Share PriceUS$4.76
52 Week HighUS$15.07
52 Week LowUS$3.70
Beta1.2
1 Month Change-7.21%
3 Month Change2.15%
1 Year Change-67.90%
3 Year Changen/a
5 Year Changen/a
Change since IPO-70.96%

Recent News & Updates

Recent updates

Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital

Oct 19
Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital

Rackspace Technology (NASDAQ:RXT) Might Have The Makings Of A Multi-Bagger

Jul 07
Rackspace Technology (NASDAQ:RXT) Might Have The Makings Of A Multi-Bagger

Estimating The Fair Value Of Rackspace Technology, Inc. (NASDAQ:RXT)

Apr 03
Estimating The Fair Value Of Rackspace Technology, Inc. (NASDAQ:RXT)

Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital

Mar 16
Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital

We Like These Underlying Return On Capital Trends At Rackspace Technology (NASDAQ:RXT)

Nov 28
We Like These Underlying Return On Capital Trends At Rackspace Technology (NASDAQ:RXT)

Returns On Capital At Rackspace Technology (NASDAQ:RXT) Have Stalled

Aug 09
Returns On Capital At Rackspace Technology (NASDAQ:RXT) Have Stalled

Rackspace Technology, Inc. (NASDAQ:RXT): Are Analysts Optimistic?

Apr 16
Rackspace Technology, Inc. (NASDAQ:RXT): Are Analysts Optimistic?

Rackspace Technology, Inc. (NASDAQ:RXT) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Feb 22
Rackspace Technology, Inc. (NASDAQ:RXT) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Is Rackspace Technology, Inc. (NASDAQ:RXT) Worth US$24.6 Based On Its Intrinsic Value?

Feb 18
Is Rackspace Technology, Inc. (NASDAQ:RXT) Worth US$24.6 Based On Its Intrinsic Value?

Rackspace Technology, Inc. (NASDAQ:RXT): Is Breakeven Near?

Dec 10
Rackspace Technology, Inc. (NASDAQ:RXT): Is Breakeven Near?

Shareholder Returns

RXTUS ITUS Market
7D0.8%1.3%1.3%
1Y-67.9%-27.1%-18.5%

Return vs Industry: RXT underperformed the US IT industry which returned -27.1% over the past year.

Return vs Market: RXT underperformed the US Market which returned -18.5% over the past year.

Price Volatility

Is RXT's price volatile compared to industry and market?
RXT volatility
RXT Average Weekly Movement16.7%
IT Industry Average Movement8.8%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: RXT is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: RXT's weekly volatility has increased from 12% to 17% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19986,600Amar Maletirahttps://www.rackspace.com

Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments. The company’s Multicloud Services segment provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; and professional services related to designing and building multi cloud solutions and cloud-native applications.

Rackspace Technology, Inc. Fundamentals Summary

How do Rackspace Technology's earnings and revenue compare to its market cap?
RXT fundamental statistics
Market CapUS$1.00b
Earnings (TTM)-US$673.70m
Revenue (TTM)US$3.11b

0.3x

P/S Ratio

-1.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RXT income statement (TTM)
RevenueUS$3.11b
Cost of RevenueUS$2.20b
Gross ProfitUS$910.40m
Other ExpensesUS$1.58b
Earnings-US$673.70m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-3.19
Gross Margin29.25%
Net Profit Margin-21.64%
Debt/Equity Ratio424.1%

How did RXT perform over the long term?

See historical performance and comparison