Rackspace Technology Statistics

Total Valuation

RXT has a market cap or net worth of $363.56 million. The enterprise value is $3.60 billion.

Market Cap	363.56M
Enterprise Value	3.60B

Important Dates

The next confirmed earnings date is Thursday, May 9, 2024, after market close.

Earnings Date	May 9, 2024
Ex-Dividend Date	n/a

Share Statistics

RXT has 216.41 million shares outstanding. The number of shares has increased by 1.94% in one year.

Shares Outstanding	216.41M
Shares Change (YoY)	+1.94%
Shares Change (QoQ)	+0.37%
Owned by Insiders (%)	4.00%
Owned by Institutions (%)	90.50%
Float	64.74M

Valuation Ratios

PE Ratio	n/a
Forward PE	38.61
PS Ratio	0.12
Forward PS	0.13
PB Ratio	n/a
P/FCF Ratio	1.31
PEG Ratio	3.86

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.22
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	12.95

Financial Position

The company has a current ratio of 0.92

Current Ratio	0.92
Quick Ratio	0.67
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	12.35
Interest Coverage	-2.86

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	-18.80%
Return on Capital (ROIC)	-27.43%
Revenue Per Employee	$509,845
Profits Per Employee	-$144,448
Employee Count	5,800
Asset Turnover	0.67
Inventory Turnover	n/a

Taxes

Income Tax	-16.60M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +17.07% in the last 52 weeks. The beta is 1.94, so RXT's price volatility has been higher than the market average.

Beta (1Y)	1.94
52-Week Price Change	+17.07%
50-Day Moving Average	1.78
200-Day Moving Average	1.82
Relative Strength Index (RSI)	50.43
Average Volume (30 Days)	1,362,495

Short Selling Information

The latest short interest is 6.21 million, so 2.87% of the outstanding shares have been sold short.

Short Interest	6.21M
Short Previous Month	6.52M
Short % of Shares Out	2.87%
Short % of Float	9.60%
Short Ratio (days to cover)	4.65

Income Statement

In the last 12 months, RXT had revenue of $2.96 billion and -$837.80 million in losses. Loss per share was -$3.89.

Revenue	2.96B
Gross Profit	628.80M
Operating Income	-899.40M
Pretax Income	-854.40M
Net Income	-837.80M
EBITDA	-189.90M
EBIT	-632.80M
Loss Per Share	-$3.89

Full Income Statement

Balance Sheet

The company has $196.80 million in cash and $3.43 billion in debt, giving a net cash position of -$3.24 billion or -$14.96 per share.

Cash & Cash Equivalents	196.80M
Total Debt	3.43B
Net Cash	-3.24B
Net Cash Per Share	-$14.96
Equity / Book Value	-154.50M
Book Value Per Share	-0.71
Working Capital	-61.40M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $374.90 million and capital expenditures -$96.90 million, giving a free cash flow of $278.00 million.

Operating Cash Flow	374.90M
Capital Expenditures	-96.90M
Free Cash Flow	278.00M
FCF Per Share	$1.29

Full Cash Flow Statement

Margins

Gross margin is 21.26%, with operating and profit margins of -30.41% and -28.33%.

Gross Margin	21.26%
Operating Margin	-30.41%
Pretax Margin	-28.89%
Profit Margin	-28.33%
EBITDA Margin	-6.42%
EBIT Margin	-21.40%
FCF Margin	9.40%

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	-1.94%
Shareholder Yield	-1.94%
Earnings Yield	-230.44%
FCF Yield	76.47%

Analyst Forecast

The average price target for RXT is $2.02, which is 20.24% higher than the current price. The consensus rating is "Hold".

Price Target	$2.02
Price Target Difference	20.24%
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 -0.72 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.72
Piotroski F-Score	4