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Rackspace Technology, Inc. (RXT)

Stock Price: $18.34 USD 0.10 (0.55%)
Updated Sep 21, 2020 4:00 PM EDT - Market closed
After-hours: $18.35 +0.01 (0.06%) Sep 21, 7:59 PM

Stock Price Chart

Key Info

Market Cap 3.65B
Revenue (ttm) 2.54B
Net Income (ttm) -188.07M
Shares Out 199.13M
EPS (ttm) -2.32
PE Ratio n/a
Forward PE 16.47
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Sep 21, 2020
Last Price $18.34
Previous Close $18.24
Change ($) 0.10
Change (%) 0.55%
Day's Open 17.73
Day's Range 17.34 - 18.42
Day's Volume 1,148,683
52-Week Range 15.25 - 22.75

More Stats

Market Cap 3.65B
Enterprise Value 8.07B
Earnings Date (est) Nov 30, 2020
Ex-Dividend Date n/a
Shares Outstanding 199.13M
Float 33.95M
EPS (basic) n/a
EPS (diluted) -2.32
FCF / Share n/a
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 2.91M
Short Ratio 0.52
Short % of Float 6.43%
Beta n/a
PE Ratio n/a
Forward PE 16.47
P/FCF Ratio n/a
PS Ratio 1.44
PB Ratio 4.83
Revenue 2.54B
Operating Income n/a
Net Income -188.07M
Free Cash Flow n/a
Net Cash -4.42B
Net Cash / Share -22.21
Gross Margin 39.84%
Operating Margin n/a
Profit Margin -18.57%
FCF Margin n/a
ROA n/a
ROE n/a
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (9)

Buy 9
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$27.67*
(50.87% upside)
Low
24.0
Current: $18.34
High
38.0
Target: 27.67
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017
Revenue2,4382,4532,145
Revenue Growth-0.6%14.37%-
Gross Profit1,0111,007791
Operating Income102-237-118
Net Income-102-471-59.90
Shares Outstanding165165154
Earnings Per Share-0.62-2.85-0.39
Operating Cash Flow293430292
Capital Expenditures-198-294-190
Free Cash Flow94.90136102
Cash & Equivalents83.802540.00
Total Debt4,4064,299-
Net Cash / Debt-4,322-4,0450.00
Assets6,2726,111-
Liabilities5,3745,204-
Book Value899908-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Rackspace Technology, Inc.
Country United States
Employees 6800
CEO Kevin M. Jones

Stock Information

Ticker Symbol RXT
Stock Exchange NASDAQ
Sector Technology
Industry Software—Infrastructure
Unique Identifier NASDAQ: RXT
IPO Date August 5, 2020

Description

Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments. The 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. The Apps & Cross Platform segment includes managed applications, managed security, and data services, as well as professional services related to designing and implementing application, security, and data services. The company serves automotive, digital agencies, education, energy, financial services, gaming, government, healthcare, manufacturing, media and entertainment, non-profit, retail, and public sectors. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.