Rackspace Technology, Inc. (RXT)

$2.36

-0.02

(-0.84%)

Market is closed - opens 7 PM, 04 Oct 2024

Performance

  • $2.29
    $2.37
    $2.36
    downward going graph

    2.97%

    Downside

    Day's Volatility :3.17%

    Upside

    0.21%

    downward going graph
  • $1.15
    $3.18
    $2.36
    downward going graph

    51.27%

    Downside

    52 Weeks Volatility :63.82%

    Upside

    25.76%

    downward going graph

Returns

PeriodRackspace Technology, Inc.Sector (Technology)Index (Russel 2000)
3 Months
-15.41%
-4.0%
0.0%
6 Months
28.26%
9.2%
0.0%
1 Year
39.23%
35.1%
0.0%
3 Years
-83.47%
50.5%
-20.2%

Highlights

Market Capitalization
538.0M
Book Value
- $3.35
Earnings Per Share (EPS)
-3.68
PEG Ratio
3.86
Wall Street Target Price
2.38
Profit Margin
-28.79%
Operating Margin TTM
-5.07%
Return On Assets TTM
-1.53%
Return On Equity TTM
-352.76%
Revenue TTM
2.8B
Revenue Per Share TTM
12.9
Quarterly Revenue Growth YOY
-8.200000000000001%
Gross Profit TTM
867.8M
EBITDA
227.6M
Diluted Eps TTM
-3.68
Quarterly Earnings Growth YOY
0.0
EPS Estimate Current Year
-0.31
EPS Estimate Next Year
-0.11
EPS Estimate Current Quarter
-0.11
EPS Estimate Next Quarter
-0.07

Analyst Recommendation

Sell
    7%Buy
    46%Hold
    46%Sell
Based on 13 Wall street analysts offering stock ratings for Rackspace Technology, Inc.(by analysts ranked 0 to 5 stars)
Based on 13 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
1
1
1
Hold
6
6
6
Sell
6
6
7

Analyst Forecast

What analysts predicted

Upside of 0.85%

Current $2.36
Target $2.38

Company Financials

FY18Y/Y Change
Revenue
2.5B
↑ 14.37%
Net Income
-470.6M
↑ 685.64%
Net Profit Margin
-19.19%
↓ 16.4%
FY19Y/Y Change
Revenue
2.4B
↓ 0.6%
Net Income
-102.3M
↓ 78.26%
Net Profit Margin
-4.2%
↑ 14.99%
FY20Y/Y Change
Revenue
2.7B
↑ 11.03%
Net Income
-245.8M
↑ 140.27%
Net Profit Margin
-9.08%
↓ 4.88%
FY21Y/Y Change
Revenue
3.0B
↑ 11.17%
Net Income
-218.3M
↓ 11.19%
Net Profit Margin
-7.25%
↑ 1.83%
FY22Y/Y Change
Revenue
3.1B
↑ 3.75%
Net Income
-804.8M
↑ 268.67%
Net Profit Margin
-25.78%
↓ 18.53%
FY23Y/Y Change
Revenue
3.0B
↓ 5.29%
Net Income
-837.8M
↑ 4.1%
Net Profit Margin
-28.33%
↓ 2.55%
Q1 FY23Q/Q Change
Revenue
758.7M
↓ 3.6%
Net Income
-612.0M
↑ 185.98%
Net Profit Margin
-80.66%
↓ 53.47%
Q2 FY23Q/Q Change
Revenue
746.3M
↓ 1.63%
Net Income
-27.2M
↓ 95.56%
Net Profit Margin
-3.64%
↑ 77.02%
Q3 FY23Q/Q Change
Revenue
732.4M
↓ 1.86%
Net Income
-226.6M
↑ 733.09%
Net Profit Margin
-30.94%
↓ 27.3%
Q4 FY23Q/Q Change
Revenue
719.7M
↓ 1.73%
Net Income
28.0M
↓ 112.36%
Net Profit Margin
3.89%
↑ 34.83%
Q1 FY24Q/Q Change
Revenue
690.8M
↓ 4.02%
Net Income
-640.6M
↓ 2387.86%
Net Profit Margin
-92.73%
↓ 96.62%
Q2 FY24Q/Q Change
Revenue
684.9M
↓ 0.85%
Net Income
25.0M
↓ 103.9%
Net Profit Margin
3.65%
↑ 96.38%
FY18Y/Y Change
Total Assets
6.1B
-
Total Liabilities
5.2B
-
FY19Y/Y Change
Total Assets
6.3B
↑ 2.63%
Total Liabilities
5.4B
↑ 3.27%
FY20Y/Y Change
Total Assets
6.4B
↑ 1.68%
Total Liabilities
5.0B
↓ 7.06%
FY21Y/Y Change
Total Assets
6.3B
↓ 0.77%
Total Liabilities
5.0B
↑ 0.14%
FY22Y/Y Change
Total Assets
5.5B
↓ 13.58%
Total Liabilities
4.8B
↓ 3.23%
FY23Y/Y Change
Total Assets
4.1B
↓ 25.11%
Total Liabilities
4.3B
↓ 12.17%
Q1 FY23Q/Q Change
Total Assets
4.8B
↓ 13.07%
Total Liabilities
4.7B
↓ 2.26%
Q2 FY23Q/Q Change
Total Assets
4.7B
↓ 1.9%
Total Liabilities
4.6B
↓ 2.06%
Q3 FY23Q/Q Change
Total Assets
4.3B
↓ 8.24%
Total Liabilities
4.5B
↓ 3.66%
Q4 FY23Q/Q Change
Total Assets
4.1B
↓ 4.3%
Total Liabilities
4.3B
↓ 4.76%
Q1 FY24Q/Q Change
Total Assets
3.5B
↓ 14.16%
Total Liabilities
4.3B
↑ 1.24%
Q2 FY24Q/Q Change
Total Assets
3.4B
↓ 3.48%
Total Liabilities
4.1B
↓ 3.56%
FY18Y/Y Change
Operating Cash Flow
429.8M
↑ 47.34%
Investing Cash Flow
-348.3M
↓ 71.6%
Financing Cash Flow
-53.7M
↓ 106.19%
FY19Y/Y Change
Operating Cash Flow
292.9M
↓ 31.85%
Investing Cash Flow
-386.5M
↑ 10.97%
Financing Cash Flow
-79.2M
↑ 47.49%
FY20Y/Y Change
Operating Cash Flow
116.7M
↓ 60.16%
Investing Cash Flow
-128.4M
↓ 66.78%
Financing Cash Flow
29.9M
↓ 137.75%
FY21Y/Y Change
Operating Cash Flow
370.8M
↑ 217.74%
Investing Cash Flow
-69.0M
↓ 46.26%
Financing Cash Flow
-132.2M
↓ 542.14%
FY22Y/Y Change
Operating Cash Flow
259.3M
↓ 30.07%
Investing Cash Flow
-97.9M
↑ 41.88%
Financing Cash Flow
-187.0M
↑ 41.45%
Q1 FY23Q/Q Change
Operating Cash Flow
-1.9M
↓ 104.74%
Investing Cash Flow
-11.7M
↓ 18.75%
Financing Cash Flow
-41.3M
↑ 8.12%
Q2 FY23Q/Q Change
Operating Cash Flow
37.8M
↓ 2089.47%
Investing Cash Flow
-23.2M
↑ 98.29%
Financing Cash Flow
-29.5M
↓ 28.57%

Technicals Summary

Sell

Neutral

Buy

Rackspace Technology, Inc. is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Rackspace Technology, Inc.
Rackspace Technology, Inc.
5.36%
28.26%
39.23%
-83.47%
-85.6%
Microsoft Corporation
Microsoft Corporation
1.87%
-0.32%
30.6%
47.13%
201.58%
Palantir Technologies Inc
Palantir Technologies Inc
28.28%
74.56%
149.46%
69.36%
313.05%
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
-2.95%
26.67%
42.08%
114.64%
378.62%
Adobe Systems Inc.
Adobe Systems Inc.
-12.42%
6.3%
-2.82%
-7.29%
81.9%
Oracle Corp.
Oracle Corp.
18.55%
34.36%
55.83%
86.94%
202.61%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Rackspace Technology, Inc.
Rackspace Technology, Inc.
NA
NA
3.86
-0.31
-3.53
-0.02
NA
-3.35
Microsoft Corporation
Microsoft Corporation
35.33
35.33
2.25
11.8
0.37
0.15
0.01
36.12
Palantir Technologies Inc
Palantir Technologies Inc
220.53
220.53
1.94
0.36
0.11
0.04
NA
1.81
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
46.08
46.08
2.41
5.57
0.75
0.03
NA
15.9
Adobe Systems Inc.
Adobe Systems Inc.
42.73
42.73
1.63
18.28
0.35
0.16
NA
32.69
Oracle Corp.
Oracle Corp.
43.47
43.47
2.04
5.59
1.56
0.07
0.01
3.9
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Rackspace Technology, Inc.
Rackspace Technology, Inc.
Sell
$538.0M
-85.6%
NA
-28.79%
Microsoft Corporation
Microsoft Corporation
Buy
$3.1T
201.58%
35.33
35.96%
Palantir Technologies Inc
Palantir Technologies Inc
Hold
$84.0B
313.05%
220.53
16.32%
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
Buy
$109.4B
378.62%
46.08
32.11%
Adobe Systems Inc.
Adobe Systems Inc.
Buy
$222.6B
81.9%
42.73
25.59%
Oracle Corp.
Oracle Corp.
Buy
$472.2B
202.61%
43.47
20.4%

Insights on Rackspace Technology, Inc.

  • Decreasing Revenue

    Revenue is down for the last 8 quarters, 787.6M → 684.9M (in $), with an average decrease of 2.0% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, -640.6M → 25.0M (in $), with an average increase of 2662.4% per quarter

  • Vs PLTR

    In the last 1 year, Palantir Technologies Inc has given 149.5% return, outperforming this stock by 110.3%

  • Vs PANW

    In the last 3 years, Palo Alto Networks, Inc. has given 69.4% return, outperforming this stock by 152.9%

Institutional Holdings

  • Apollo Management Holdings, L.P.

    57.34%
  • Legal & General Group PLC

    3.47%
  • Mackenzie Investments

    3.08%
  • BlackRock Inc

    2.11%
  • Vanguard Group Inc

    1.93%
  • CastleKnight Management LP

    1.20%

Company Information

rackspace, the #1 managed cloud company, helps businesses tap the power of cloud computing without the challenge and expense of managing complex it infrastructure and application platforms on their own. rackspace engineers deliver specialized expertise on top of leading technologies developed by openstack, microsoft, vmware and others, through a results-obsessed service known as fanatical support®. we have more than 300,000 customers worldwide, including two-thirds of the fortune 100. rackspace was named a leader in the 2015 gartner magic quadrant for cloud-enabled managed hosting, and has been honored as one of fortune’s best companies to work for in six of the past eight years. learn more at www.rackspace.com.

Organization
Rackspace Technology, Inc.
Employees
5800
CEO
Mr. Amar Maletira
Industry
Technology Services

FAQs