Rackspace Technology Statistics
Total Valuation
RXT has a market cap or net worth of $474.09 million. The enterprise value is $3.72 billion.
| Market Cap | 474.09M |
| Enterprise Value | 3.72B |
Important Dates
The last earnings date was Thursday, May 9, 2024, after market close.
| Earnings Date | May 9, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
RXT has 223.63 million shares outstanding. The number of shares has increased by 3.10% in one year.
| Shares Outstanding | 223.63M |
| Shares Change (YoY) | +3.10% |
| Shares Change (QoQ) | +1.38% |
| Owned by Insiders (%) | 3.15% |
| Owned by Institutions (%) | 85.36% |
| Float | 73.50M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 38.61 |
| PS Ratio | 0.16 |
| Forward PS | 0.17 |
| PB Ratio | n/a |
| P/FCF Ratio | 2.49 |
| PEG Ratio | 3.86 |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.29 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 19.55 |
Financial Position
The company has a current ratio of 1.05
| Current Ratio | 1.05 |
| Quick Ratio | 0.78 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | 18.54 |
| Interest Coverage | -3.21 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | -20.90% |
| Return on Capital (ROIC) | -35.38% |
| Revenue Per Employee | $498,138 |
| Profits Per Employee | -$149,379 |
| Employee Count | 5,800 |
| Asset Turnover | 0.70 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -10.40M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +79.66% in the last 52 weeks. The beta is 1.84, so RXT's price volatility has been higher than the market average.
| Beta (1Y) | 1.84 |
| 52-Week Price Change | +79.66% |
| 50-Day Moving Average | 1.76 |
| 200-Day Moving Average | 1.78 |
| Relative Strength Index (RSI) | 71.43 |
| Average Volume (30 Days) | 1,373,838 |
Short Selling Information
The latest short interest is 6.20 million, so 2.77% of the outstanding shares have been sold short.
| Short Interest | 6.20M |
| Short Previous Month | 6.21M |
| Short % of Shares Out | 2.77% |
| Short % of Float | 8.43% |
| Short Ratio (days to cover) | 7.08 |
Income Statement
In the last 12 months, RXT had revenue of $2.89 billion and -$866.40 million in losses. Loss per share was -$3.95.
| Revenue | 2.89B |
| Gross Profit | 592.00M |
| Operating Income | -971.20M |
| Pretax Income | -876.80M |
| Net Income | -866.40M |
| EBITDA | -244.70M |
| EBIT | -668.40M |
| Loss Per Share | -$3.95 |
Balance Sheet
The company has $282.60 million in cash and $3.53 billion in debt, giving a net cash position of -$3.25 billion or -$14.53 per share.
| Cash & Cash Equivalents | 282.60M |
| Total Debt | 3.53B |
| Net Cash | -3.25B |
| Net Cash Per Share | -$14.53 |
| Equity / Book Value | -787.20M |
| Book Value Per Share | -3.52 |
| Working Capital | 34.40M |
Cash Flow
In the last 12 months, operating cash flow was $286.50 million and capital expenditures -$96.00 million, giving a free cash flow of $190.50 million.
| Operating Cash Flow | 286.50M |
| Capital Expenditures | -96.00M |
| Free Cash Flow | 190.50M |
| FCF Per Share | $0.87 |
Margins
Gross margin is 20.49%, with operating and profit margins of -33.61% and -29.99%.
| Gross Margin | 20.49% |
| Operating Margin | -33.61% |
| Pretax Margin | -30.35% |
| Profit Margin | -29.99% |
| EBITDA Margin | -8.47% |
| EBIT Margin | -23.13% |
| FCF Margin | 6.59% |
Dividends & Yields
RXT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -3.10% |
| Shareholder Yield | -3.10% |
| Earnings Yield | -182.75% |
| FCF Yield | 40.18% |
Analyst Forecast
The average price target for RXT is $2.02, which is -4.72% lower than the current price. The consensus rating is "Hold".
| Price Target | $2.02 |
| Price Target Difference | -4.72% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | 4.19% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
RXT has an Altman Z-Score of -1.11 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -1.11 |
| Piotroski F-Score | 4 |