RXT Stock Overview
Operates as a multi cloud technology services company in the Americas, Europe, the Middle East, Africa, and The Asia-Pacific region. More details
Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 0/6 |
Past Performance | 0/6 |
Financial Health | 2/6 |
Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Rackspace Technology, Inc. Competitors
Price History & Performance
Historical stock prices | |
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Current Share Price | US$2.96 |
52 Week High | US$3.41 |
52 Week Low | US$1.45 |
Beta | 2.05 |
1 Month Change | 25.42% |
3 Month Change | 7.25% |
1 Year Change | 77.25% |
3 Year Change | -76.03% |
5 Year Change | n/a |
Change since IPO | -81.94% |
Recent News & Updates
Rackspace Technology, Inc.'s (NASDAQ:RXT) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Feb 07Rackspace Technology: Too Much Risk, Too Little Reward
Jan 28Recent updates
Rackspace Technology, Inc.'s (NASDAQ:RXT) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Feb 07Rackspace Technology: Too Much Risk, Too Little Reward
Jan 28Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Is Matching Sentiment Around Its Revenues
Oct 09What Does Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Indicate?
Apr 24Improved Revenues Required Before Rackspace Technology, Inc. (NASDAQ:RXT) Stock's 28% Jump Looks Justified
Mar 09A Look At The Fair Value Of Rackspace Technology, Inc. (NASDAQ:RXT)
Jan 23Rackspace Technology, Inc. (NASDAQ:RXT) Held Back By Insufficient Growth Even After Shares Climb 33%
Dec 22These Return Metrics Don't Make Rackspace Technology (NASDAQ:RXT) Look Too Strong
Jul 05Returns At Rackspace Technology (NASDAQ:RXT) Appear To Be Weighed Down
Feb 28Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital
Oct 19Rackspace's Cloud Transformation Is Promising But The Risks Are High
Oct 07Rackspace Technology names finance chief as CEO
Sep 26Rackspace Technology Non-GAAP EPS of $0.17 beats by $0.01, revenue of $772M misses by $12.72M
Aug 09Shareholder Returns
RXT | US IT | US Market | |
---|---|---|---|
7D | 12.5% | 1.3% | -0.3% |
1Y | 77.2% | 13.6% | 20.4% |
Return vs Industry: RXT exceeded the US IT industry which returned 16.4% over the past year.
Return vs Market: RXT exceeded the US Market which returned 22% over the past year.
Price Volatility
RXT volatility | |
---|---|
RXT Average Weekly Movement | 10.1% |
IT Industry Average Movement | 8.6% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 18.5% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: RXT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: RXT's weekly volatility (10%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1998 | 5,800 | Amar Maletira | www.rackspace.com |
Rackspace Technology, Inc. operates as a multi cloud technology services company in the Americas, Europe, the Middle East, Africa, and The Asia-Pacific region. It operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. The company provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; professional services related to designing and building multi cloud solutions and cloud-native applications; and managed hosting and colocation services.
Rackspace Technology, Inc. Fundamentals Summary
RXT fundamental statistics | |
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Market cap | US$659.95m |
Earnings (TTM) | -US$774.20m |
Revenue (TTM) | US$2.77b |
0.2x
P/S Ratio-0.9x
P/E RatioIs RXT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
RXT income statement (TTM) | |
---|---|
Revenue | US$2.77b |
Cost of Revenue | US$2.20b |
Gross Profit | US$570.00m |
Other Expenses | US$1.34b |
Earnings | -US$774.20m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 20, 2025
Earnings per share (EPS) | -3.40 |
Gross Margin | 20.57% |
Net Profit Margin | -27.94% |
Debt/Equity Ratio | -304.3% |
How did RXT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/02/07 07:40 |
End of Day Share Price | 2025/02/07 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Rackspace Technology, Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Ramsey El-Assal | Barclays |
Keith Bachman | BMO Capital Markets Equity Research |
Ashwin Shirvaikar | Citigroup Inc |