Rackspace Technology (RXT)
NASDAQ:RXT
RXTRackspace Technology
$18.52
$0.53 (2.95%)

Rackspace Technology Stock Analysis & Ratings

Rackspace Technology Stock Analysis Overview

Smart Score
8
Outperform
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks Smart Score
The Rackspace Technology stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

Stock Chart

RXT

RXT Stock Stats

Previous Close$17.99
Open$17.9
Bid18 x 600
Ask19 x 100
Today’s Range$17.83 - $18.575
52-Week Range$15.25 - $26.43
Volume695.16K
Average Volume1.57M
Market Cap$3.85B
Beta1.68
P/E Ratio-13.9
EPS-1.33
Earnings DateAug 11, 2021

Company Description

Rackspace Technology

Rackspace Technology Inc is an end-to-end multicloud technology services company. It designs, builds and operates its customers' cloud environments across all technology platforms, irrespective of technology stack or deployment model. The company's solutions include Application Services; Data; Colocation; Managed Cloud; Managed Hosting; Professional Services; and Security & Compliance. It operates in three reportable segments Multicloud Services; Apps & Cross Platform; and OpenStack Public Cloud. It generates revenue through the sale of consumption-based contracts for its services offerings and from the sale of professional services related to designing and building customer solution.
Sector
Technology
Industry
Software
CEO
Kevin Jones
Employees
7,200
Address
1 Fanatical Place, City of Windcrest, TX, 78218, US

Financials


P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

RXT FAQ

What was Rackspace Technology’s price range in the past 12 months?
Rackspace Technology lowest stock price was $15.25 and its highest was $26.43 in the past 12 months.
    What is Rackspace Technology’s market cap?
    Rackspace Technology’s market cap is $3.85B.
      What is Rackspace Technology’s price target?
      The average price target for Rackspace Technology is $26.56. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is $28.50 ,the lowest forecast is $23.00. The average price target represents 43.41% Increase from the current price of $18.52.
        What do analysts say about Rackspace Technology?
        Rackspace Technology’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 8 Wall Streets Analysts.
          When is Rackspace Technology’s upcoming earnings report date?
          Rackspace Technology’s upcoming earnings report date is Aug 11, 2021 which is in 15 days.
            How were Rackspace Technology’s earnings last quarter?
            Rackspace Technology released its earnings results on May 10, 2021. The company reported -$0.313 earnings per share for the quarter, missing the consensus estimate of $0.211 by -$0.524.
              Is Rackspace Technology overvalued?
              According to Wall Street analysts Rackspace Technology’s price is currently Undervalued.
                Does Rackspace Technology pay dividends?
                Rackspace Technology does not currently pay dividends.
                What is Rackspace Technology’s EPS estimate?
                Rackspace Technology’s EPS estimate for its next earnings report is not yet available.
                How many shares outstanding does Rackspace Technology have?
                Rackspace Technology has 207,710,000 shares outstanding.
                  What happened to Rackspace Technology’s price movement after its last earnings report?
                  Rackspace Technology reported an EPS of -$0.313 in its last earnings report, missing expectations of $0.211. Following the earnings report the stock price went down -19.857%.
                    Which hedge fund is a major shareholder of Rackspace Technology?
                    Currently, no hedge funds are holding shares in RXT

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