Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · Real-Time Price · USD
2.900
+0.020 (0.69%)
At close: Feb 21, 2025, 4:00 PM
2.870
-0.030 (-1.03%)
After-hours: Feb 21, 2025, 5:56 PM EST

Rackspace Technology Statistics

Total Valuation

RXT has a market cap or net worth of $664.39 million. The enterprise value is $3.84 billion.

Market Cap 664.39M
Enterprise Value 3.84B

Important Dates

The last earnings date was Thursday, February 20, 2025, after market close.

Earnings Date Feb 20, 2025
Ex-Dividend Date n/a

Share Statistics

RXT has 229.10 million shares outstanding. The number of shares has increased by 4.41% in one year.

Current Share Class 229.10M
Shares Outstanding 229.10M
Shares Change (YoY) +4.41%
Shares Change (QoQ) +0.75%
Owned by Insiders (%) 10.48%
Owned by Institutions (%) 21.92%
Float 73.95M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.24
Forward PS 0.24
PB Ratio -0.66
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio 16.65
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.40
EV / EBITDA 31.70
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.81

Current Ratio 0.81
Quick Ratio 0.58
Debt / Equity n/a
Debt / EBITDA 16.08
Debt / FCF n/a
Interest Coverage -1.78

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -3.05%
Return on Invested Capital (ROIC) -3.87%
Return on Capital Employed (ROCE) -7.63%
Revenue Per Employee $471,914
Profits Per Employee -$148,724
Employee Count 5,800
Asset Turnover 0.77
Inventory Turnover n/a

Taxes

Income Tax -18.90M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +49.49% in the last 52 weeks. The beta is 2.05, so RXT's price volatility has been higher than the market average.

Beta (5Y) 2.05
52-Week Price Change +49.49%
50-Day Moving Average 2.52
200-Day Moving Average 2.44
Relative Strength Index (RSI) 60.36
Average Volume (20 Days) 921,207

Short Selling Information

The latest short interest is 4.06 million, so 1.77% of the outstanding shares have been sold short.

Short Interest 4.06M
Short Previous Month 4.32M
Short % of Shares Out 1.77%
Short % of Float 5.49%
Short Ratio (days to cover) 4.75

Income Statement

In the last 12 months, RXT had revenue of $2.74 billion and -$862.60 million in losses. Loss per share was -$3.84.

Revenue 2.74B
Gross Profit 533.40M
Operating Income -174.20M
Pretax Income -855.80M
Net Income -862.60M
EBITDA 121.20M
EBIT -174.20M
Loss Per Share -$3.84
Full Income Statement

Balance Sheet

The company has $144.00 million in cash and $3.32 billion in debt, giving a net cash position of -$3.18 billion or -$13.87 per share.

Cash & Cash Equivalents 144.00M
Total Debt 3.32B
Net Cash -3.18B
Net Cash Per Share -$13.87
Equity (Book Value) -1.01B
Book Value Per Share -4.40
Working Capital -147.80M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $39.90 million and capital expenditures -$111.10 million, giving a free cash flow of -$71.20 million.

Operating Cash Flow 39.90M
Capital Expenditures -111.10M
Free Cash Flow -71.20M
FCF Per Share -$0.31
Full Cash Flow Statement

Margins

Gross margin is 19.49%, with operating and profit margins of -6.36% and -31.52%.

Gross Margin 19.49%
Operating Margin -6.36%
Pretax Margin -32.21%
Profit Margin -31.52%
EBITDA Margin 4.43%
EBIT Margin -6.36%
FCF Margin n/a

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 -4.41%
Shareholder Yield -4.41%
Earnings Yield -129.83%
FCF Yield -10.72%

Analyst Forecast

The average price target for RXT is $2.47, which is -14.83% lower than the current price. The consensus rating is "Hold".

Price Target $2.47
Price Target Difference -14.83%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (5Y) 3.96%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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

Altman Z-Score n/a
Piotroski F-Score 4