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NASDAQ: RXT
Rackspace Technology Inc Stock

$2.42+0.00 (+0%)
Updated Sep 19, 2024
RXT Price
$2.42
Fair Value Price
$1.21
Market Cap
$547.00M
52 Week Low
$1.15
52 Week High
$3.18
P/E
-0.65x
P/B
-0.72x
P/S
0.24x
PEG
N/A
Dividend Yield
N/A
Revenue
$2.83B
Earnings
-$814.20M
Gross Margin
20.2%
Operating Margin
-24.27%
Profit Margin
-28.8%
Debt to Equity
-5.49
Operating Cash Flow
$273M
Beta
1.98
Next Earnings
Nov 5, 2024
Ex-Dividend
N/A
Next Dividend
N/A

RXT Overview

Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments. The company's Multicloud Services segment provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; and professional services related to designing and building multi cloud solutions and cloud-native applications. Its Apps & Cross Platform segment includes managed applications; managed security services in the areas of security threat assessment and prevention, threat detection and response, rapid remediation, governance, and risk and compliance assistance across multiple cloud platforms, as well as privacy and data protection services, including detailed access restrictions and reporting; data services; and professional services related to designing and implementing application, security, and data services. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.

Zen Score

Industry Average (30)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how RXT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

RXT ($2.42) is overvalued by 100.69% relative to our estimate of its Fair Value price of $1.21 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
RXT ($2.42) is not significantly undervalued (100.69%) relative to our estimate of its Fair Value price of $1.21 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
RXT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more RXT due diligence checks available for Premium users.

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RXT News

Valuation

RXT fair value

Fair Value of RXT stock based on Discounted Cash Flow (DCF)
Price
$2.42
Fair Value
$1.21
Overvalued by
100.69%
RXT ($2.42) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
RXT ($2.42) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
RXT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

RXT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.65x
Industry
29.95x
Market
25.52x

RXT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-0.72x
Industry
12.06x

RXT's financial health

Profit margin

Revenue
$684.9M
Net Income
$25.0M
Profit Margin
3.7%
RXT's Earnings (EBIT) of -$686.30M... subscribe to Premium to read more.
Interest Coverage Financials
RXT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$3.4B
Liabilities
$4.1B
Debt to equity
-5.49
RXT's short-term liabilities ($771.40M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RXT's long-term liabilities ($3.38B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
RXT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
RXT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$24.1M
Investing
-$38.4M
Financing
-$77.8M
RXT's operating cash flow ($272.80M)... subscribe to Premium to read more.
Debt Coverage Financials

RXT vs Software Infrastructure Stocks

TickerMarket Cap1d %P/EP/B
RXT$547.00M0.00%-0.65x-0.72x
PRTH$511.70M+4.88%-10.25x-2.97x
CGNT$488.17M+1.04%-97.00x2.48x
BAND$479.63M+1.21%-21.17x1.56x
OSPN$615.40M+1.44%37.79x3.45x

Rackspace Technology Stock FAQ

What is Rackspace Technology's quote symbol?

(NASDAQ: RXT) Rackspace Technology trades on the NASDAQ under the ticker symbol RXT. Rackspace Technology stock quotes can also be displayed as NASDAQ: RXT.

If you're new to stock investing, here's how to buy Rackspace Technology stock.

What is the 52 week high and low for Rackspace Technology (NASDAQ: RXT)?

(NASDAQ: RXT) Rackspace Technology's 52-week high was $3.18, and its 52-week low was $1.15. It is currently -23.88% from its 52-week high and 110.43% from its 52-week low.

How much is Rackspace Technology stock worth today?

(NASDAQ: RXT) Rackspace Technology currently has 226,032,947 outstanding shares. With Rackspace Technology stock trading at $2.42 per share, the total value of Rackspace Technology stock (market capitalization) is $547.00M.

Rackspace Technology stock was originally listed at a price of $15.89 in Aug 10, 2020. If you had invested in Rackspace Technology stock at $15.89, your return over the last 4 years would have been -84.77%, for an annualized return of -37.53% (not including any dividends or dividend reinvestments).

How much is Rackspace Technology's stock price per share?

(NASDAQ: RXT) Rackspace Technology stock price per share is $2.42 today (as of Sep 19, 2024).

What is Rackspace Technology's Market Cap?

(NASDAQ: RXT) Rackspace Technology's market cap is $547.00M, as of Sep 20, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Rackspace Technology's market cap is calculated by multiplying RXT's current stock price of $2.42 by RXT's total outstanding shares of 226,032,947.
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