Rackspace Technology Stock Analysis
RXT Stock | USD 2.65 0.03 1.12% |
Rackspace Technology is overvalued with Real Value of 2.39 and Target Price of 2.57. The main objective of Rackspace Technology stock analysis is to determine its intrinsic value, which is an estimate of what Rackspace Technology is worth, separate from its market price. There are two main types of Rackspace Technology's stock analysis: fundamental analysis and technical analysis.
The Rackspace Technology stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Rackspace Technology is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Rackspace Stock trading window is adjusted to America/New York timezone.
Rackspace |
Rackspace Stock Analysis Notes
About 85.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.81. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Rackspace Technology recorded a loss per share of 3.45. The entity had not issued any dividends in recent years. The firm had 1:12 split on the 20th of July 2020. Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas. Rackspace Technology operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 6600 people. To find out more about Rackspace Technology contact the company at 210 312 4000 or learn more at https://www.rackspace.com.Rackspace Technology Quarterly Total Revenue |
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Rackspace Technology Investment Alerts
Rackspace Technology had very high historical volatility over the last 90 days | |
Rackspace Technology has high likelihood to experience some financial distress in the next 2 years | |
The company reported the last year's revenue of 2.96 B. Reported Net Loss for the year was (837.8 M) with profit before taxes, overhead, and interest of 867.8 M. | |
Over 85.0% of the company shares are owned by institutional investors | |
Latest headline from gurufocus.com: Rackspace Technology Launches Adaptive Cloud Manager to Support Rapid Growth of Hybrid Cloud ... |
Rackspace Technology Upcoming and Recent Events
28th of February 2024 Upcoming Quarterly Report | View | |
14th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
28th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Rackspace Largest EPS Surprises
Earnings surprises can significantly impact Rackspace Technology's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2024-03-12 | 2023-12-31 | -0.04 | -0.03 | 0.01 | 25 | ||
2023-11-07 | 2023-09-30 | -0.05 | -0.04 | 0.01 | 20 | ||
2023-05-09 | 2023-03-31 | -0.03 | -0.02 | 0.01 | 33 |
Rackspace Technology Environmental, Social, and Governance (ESG) Scores
Rackspace Technology's ESG score is a quantitative measure that evaluates Rackspace Technology's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Rackspace Technology's operations that may have significant financial implications and affect Rackspace Technology's stock price as well as guide investors towards more socially responsible investments.
Rackspace Technology Thematic Classifications
In addition to having Rackspace Technology stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
SoftwareSoftware, software systems, and software services |
Rackspace Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Goldman Sachs Group Inc | 2024-09-30 | 814.1 K | Federated Hermes Inc | 2024-09-30 | 771.5 K | Jpmorgan Chase & Co | 2024-09-30 | 670.6 K | Jane Street Group Llc | 2024-06-30 | 606.9 K | Amvescap Plc. | 2024-09-30 | 600.4 K | Charles Schwab Investment Management Inc | 2024-09-30 | 590.7 K | Northern Trust Corp | 2024-09-30 | 556.5 K | Wells Fargo & Co | 2024-09-30 | 463.9 K | Clarivest Asset Management Llc | 2024-09-30 | 379.7 K | Apollo Management Holdings Lp | 2024-09-30 | 129.6 M | Mackenzie Investments | 2024-09-30 | 5.8 M |
Rackspace Market Capitalization
The company currently falls under 'Small-Cap' category with a total capitalization of 609.88 M.Rackspace Profitablity
The company has Net Profit Margin of (0.28) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.03) %, which entails that for every $100 of revenue, it lost $0.03.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.52) | (0.54) | |
Return On Capital Employed | (0.27) | (0.26) | |
Return On Assets | (0.20) | (0.19) | |
Return On Equity | 5.42 | 5.69 |
Management Efficiency
Rackspace Technology has Return on Asset of (0.0178) % which means that on every $100 spent on assets, it lost $0.0178. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (3.5276) %, meaning that it generated no profit with money invested by stockholders. Rackspace Technology's management efficiency ratios could be used to measure how well Rackspace Technology manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 5.69 in 2024, whereas Return On Tangible Assets are likely to drop (0.54) in 2024. At this time, Rackspace Technology's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 4.6 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 3.4 B in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | (0.72) | (0.68) | |
Tangible Book Value Per Share | (12.20) | (12.81) | |
Enterprise Value Over EBITDA | (24.11) | (22.91) | |
Price Book Value Ratio | (2.79) | (2.65) | |
Enterprise Value Multiple | (24.11) | (22.91) | |
Price Fair Value | (2.79) | (2.65) | |
Enterprise Value | 6.8 B | 4.8 B |
The management strategies employed by Rackspace Technology's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Operating Margin (0.03) | Profit Margin (0.28) | Beta 1.978 | Return On Assets (0.02) | Return On Equity (3.53) |
Technical Drivers
As of the 2nd of December, Rackspace Technology holds the Risk Adjusted Performance of 0.0729, coefficient of variation of 1180.87, and Semi Deviation of 4.0. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rackspace Technology, as well as the relationship between them.Rackspace Technology Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Rackspace Technology middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Rackspace Technology. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Rackspace Technology Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Rackspace Technology insiders, such as employees or executives, is commonly permitted as long as it does not rely on Rackspace Technology's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Rackspace Technology insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Rackspace Technology Outstanding Bonds
Rackspace Technology issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Rackspace Technology uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Rackspace bonds can be classified according to their maturity, which is the date when Rackspace Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Dana 575 percent Corp BondUS235822AB96 | View | |
Boeing Co 2196 Corp BondUS097023DG73 | View | |
BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
AerCap Global Aviation Corp BondUS00773HAA59 | View |
Rackspace Technology Predictive Daily Indicators
Rackspace Technology intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Rackspace Technology stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 29887.7 | |||
Daily Balance Of Power | (0.33) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 2.66 | |||
Day Typical Price | 2.65 | |||
Price Action Indicator | (0.02) | |||
Period Momentum Indicator | (0.03) |
Rackspace Technology Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 12th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 2nd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 5th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 22nd of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 9th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 8th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 26th of July 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Rackspace Technology Forecast Models
Rackspace Technology's time-series forecasting models are one of many Rackspace Technology's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Rackspace Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Rackspace Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Rackspace Technology prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Rackspace shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Rackspace Technology. By using and applying Rackspace Stock analysis, traders can create a robust methodology for identifying Rackspace entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.29) | (0.30) | |
Operating Profit Margin | (0.30) | (0.29) | |
Net Loss | (0.28) | (0.30) | |
Gross Profit Margin | 0.21 | 0.37 |
Current Rackspace Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Rackspace analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Rackspace analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
2.57 | Hold | 6 | Odds |
Most Rackspace analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Rackspace stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Rackspace Technology, talking to its executives and customers, or listening to Rackspace conference calls.
Rackspace Stock Analysis Indicators
Rackspace Technology stock analysis indicators help investors evaluate how Rackspace Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Rackspace Technology shares will generate the highest return on investment. By understating and applying Rackspace Technology stock analysis, traders can identify Rackspace Technology position entry and exit signals to maximize returns.
Begin Period Cash Flow | 231.4 M | |
Long Term Debt | 2.8 B | |
Common Stock Shares Outstanding | 215.3 M | |
Total Stockholder Equity | -154.5 M | |
Tax Provision | -89.2 M | |
Property Plant And Equipment Net | 735.1 M | |
Cash And Short Term Investments | 196.8 M | |
Cash | 196.8 M | |
Accounts Payable | 432.7 M | |
Net Debt | 3.2 B | |
50 Day M A | 2.5659 | |
Total Current Liabilities | 799.5 M | |
Other Operating Expenses | 3.1 B | |
Non Current Assets Total | 3.4 B | |
Forward Price Earnings | 38.61 | |
Non Currrent Assets Other | 150.3 M | |
Stock Based Compensation | 65.4 M |
Additional Tools for Rackspace Stock Analysis
When running Rackspace Technology's price analysis, check to measure Rackspace Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rackspace Technology is operating at the current time. Most of Rackspace Technology's value examination focuses on studying past and present price action to predict the probability of Rackspace Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackspace Technology's price. Additionally, you may evaluate how the addition of Rackspace Technology to your portfolios can decrease your overall portfolio volatility.