Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · Real-Time Price · USD
2.400
+0.070 (3.00%)
At close: Nov 4, 2024, 4:00 PM
2.420
+0.020 (0.83%)
Pre-market: Nov 5, 2024, 8:19 AM EST

Rackspace Technology Statistics

Total Valuation

RXT has a market cap or net worth of $542.48 million. The enterprise value is $3.75 billion.

Market Cap 542.48M
Enterprise Value 3.75B

Important Dates

The next confirmed earnings date is Tuesday, November 12, 2024, after market close.

Earnings Date Nov 12, 2024
Ex-Dividend Date n/a

Share Statistics

RXT has 226.03 million shares outstanding. The number of shares has increased by 2.93% in one year.

Current Share Class 226.03M
Shares Outstanding 226.03M
Shares Change (YoY) +2.93%
Shares Change (QoQ) +4.46%
Owned by Insiders (%) 9.90%
Owned by Institutions (%) 24.61%
Float 74.05M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.19
Forward PS 0.20
PB Ratio n/a
P/FCF Ratio 3.75
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.50, with an EV/FCF ratio of 25.95.

EV / Earnings n/a
EV / Sales 1.33
EV / EBITDA 16.50
EV / EBIT n/a
EV / FCF 25.95

Financial Position

The company has a current ratio of 0.90

Current Ratio 0.90
Quick Ratio 0.74
Debt / Equity n/a
Debt / EBITDA 10.84
Debt / FCF 23.86
Interest Coverage -0.58

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -1.53%
Return on Capital (ROIC) -1.87%
Revenue Per Employee $487,552
Profits Per Employee -$140,379
Employee Count 5,800
Asset Turnover 0.70
Inventory Turnover n/a

Taxes

Income Tax -41.60M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +70.21% in the last 52 weeks. The beta is 1.98, so RXT's price volatility has been higher than the market average.

Beta (5Y) 1.98
52-Week Price Change +70.21%
50-Day Moving Average 2.47
200-Day Moving Average 2.16
Relative Strength Index (RSI) 43.93
Average Volume (20 Days) 514,720

Short Selling Information

The latest short interest is 5.41 million, so 2.39% of the outstanding shares have been sold short.

Short Interest 5.41M
Short Previous Month 5.79M
Short % of Shares Out 2.39%
Short % of Float 7.30%
Short Ratio (days to cover) 9.20

Income Statement

In the last 12 months, RXT had revenue of $2.83 billion and -$814.20 million in losses. Loss per share was -$3.71.

Revenue 2.83B
Gross Profit 588.90M
Operating Income -98.70M
Pretax Income -855.80M
Net Income -814.20M
EBITDA 227.60M
EBIT -98.70M
Loss Per Share -$3.71
Full Income Statement

Balance Sheet

The company has $240.10 million in cash and $3.45 billion in debt, giving a net cash position of -$3.21 billion or -$14.21 per share.

Cash & Cash Equivalents 240.10M
Total Debt 3.45B
Net Cash -3.21B
Net Cash Per Share -$14.21
Equity (Book Value) -756.20M
Book Value Per Share -3.35
Working Capital -75.10M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $272.80 million and capital expenditures -$128.10 million, giving a free cash flow of $144.70 million.

Operating Cash Flow 272.80M
Capital Expenditures -128.10M
Free Cash Flow 144.70M
FCF Per Share $0.64
Full Cash Flow Statement

Margins

Gross margin is 20.83%, with operating and profit margins of -3.49% and -28.79%.

Gross Margin 20.83%
Operating Margin -3.49%
Pretax Margin -30.26%
Profit Margin -28.79%
EBITDA Margin 8.05%
EBIT Margin -3.49%
FCF Margin 5.71%

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 -2.93%
Shareholder Yield -2.93%
Earnings Yield -150.09%
FCF Yield 26.67%

Analyst Forecast

The average price target for RXT is $2.34, which is -2.50% lower than the current price. The consensus rating is "Hold".

Price Target $2.34
Price Target Difference -2.50%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (5Y) 4.19%
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

RXT has an Altman Z-Score of -0.65 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.65
Piotroski F-Score 4