Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · Real-Time Price · USD
2.580
+0.200 (8.40%)
At close: Nov 22, 2024, 4:00 PM
2.550
-0.030 (-1.16%)
After-hours: Nov 22, 2024, 5:07 PM EST

Rackspace Technology Statistics

Total Valuation

RXT has a market cap or net worth of $587.13 million. The enterprise value is $3.77 billion.

Market Cap 587.13M
Enterprise Value 3.77B

Important Dates

The last earnings date was Tuesday, November 12, 2024, after market close.

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

Share Statistics

RXT has 227.57 million shares outstanding. The number of shares has increased by 3.56% in one year.

Current Share Class 227.57M
Shares Outstanding 227.57M
Shares Change (YoY) +3.56%
Shares Change (QoQ) -1.39%
Owned by Insiders (%) 9.83%
Owned by Institutions (%) 22.18%
Float 75.58M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.21
Forward PS 0.21
PB Ratio n/a
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio 10.16
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.36
EV / EBITDA 18.72
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.84

Current Ratio 0.84
Quick Ratio 0.67
Debt / Equity n/a
Debt / EBITDA 11.44
Debt / FCF n/a
Interest Coverage -0.82

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -1.81%
Return on Capital (ROIC) -2.27%
Revenue Per Employee $477,793
Profits Per Employee -$133,483
Employee Count 5,800
Asset Turnover 0.75
Inventory Turnover n/a

Taxes

Income Tax -13.10M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +91.11% 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 +91.11%
50-Day Moving Average 2.55
200-Day Moving Average 2.22
Relative Strength Index (RSI) 50.85
Average Volume (20 Days) 1,103,302

Short Selling Information

The latest short interest is 5.31 million, so 2.33% of the outstanding shares have been sold short.

Short Interest 5.31M
Short Previous Month 5.41M
Short % of Shares Out 2.33%
Short % of Float 7.02%
Short Ratio (days to cover) 11.07

Income Statement

In the last 12 months, RXT had revenue of $2.77 billion and -$774.20 million in losses. Loss per share was -$3.49.

Revenue 2.77B
Gross Profit 570.00M
Operating Income -107.80M
Pretax Income -855.80M
Net Income -774.20M
EBITDA 201.40M
EBIT -107.80M
Loss Per Share -$3.49
Full Income Statement

Balance Sheet

The company has $193.40 million in cash and $3.38 billion in debt, giving a net cash position of -$3.18 billion or -$13.99 per share.

Cash & Cash Equivalents 193.40M
Total Debt 3.38B
Net Cash -3.18B
Net Cash Per Share -$13.99
Equity (Book Value) -949.70M
Book Value Per Share -4.17
Working Capital -120.20M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $57.80 million and capital expenditures -$125.10 million, giving a free cash flow of -$67.30 million.

Operating Cash Flow 57.80M
Capital Expenditures -125.10M
Free Cash Flow -67.30M
FCF Per Share -$0.30
Full Cash Flow Statement

Margins

Gross margin is 20.57%, with operating and profit margins of -3.89% and -27.94%.

Gross Margin 20.57%
Operating Margin -3.89%
Pretax Margin -28.41%
Profit Margin -27.94%
EBITDA Margin 7.27%
EBIT Margin -3.89%
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 -3.56%
Shareholder Yield -3.56%
Earnings Yield -131.86%
FCF Yield -11.46%

Analyst Forecast

The average price target for RXT is $2.29, which is -11.24% lower than the current price. The consensus rating is "Hold".

Price Target $2.29
Price Target Difference -11.24%
Analyst Consensus Hold
Analyst Count 7
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 -0.83 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.83
Piotroski F-Score 4