Rackspace Technology Stock Today

RXT Stock  USD 1.87  0.02  1.08%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

High

 
High
 
Low
Rackspace Technology is selling for under 1.87 as of the 20th of March 2025; that is 1.08 percent increase since the beginning of the trading day. The stock's last reported lowest price was 1.78. Rackspace Technology has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
Business Domain
Software & Services
IPO Date
5th of August 2020
Category
Technology
Classification
Information Technology
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. The company has 229.1 M outstanding shares of which 4.04 M shares are at this time shorted by investors with about 3.21 days to cover. More on Rackspace Technology

Moving together with Rackspace Stock

  0.69S SentinelOnePairCorr

Moving against Rackspace Stock

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  0.32GB Global Blue GroupPairCorr

Rackspace Stock Highlights

Thematic IdeaSoftware (View all Themes)
Old Names[SIRONA DENTAL SYSTE, SIRONA DENTAL SYSTE (RXT.SG), SIRONA DENTAL SYSTE - Frankfurt Stock Exchang]
Business ConcentrationApplication Software, Software - Infrastructure, Information Technology, Software, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Debt Levels
Rackspace Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rackspace Technology's financial leverage. It provides some insight into what part of Rackspace Technology's total assets is financed by creditors.
Liquidity
Rackspace Technology has 3.38 B in debt with debt to equity (D/E) ratio of 3.09, meaning that the company heavily relies on borrowing funds for operations. Rackspace Technology has a current ratio of 1.21, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Rackspace to invest in growth at high rates of return.

Begin Period Cash Flow

169.3 Million
Rackspace Technology (RXT) is traded on NASDAQ Exchange in USA. It is located in 1 Fanatical Place, San Antonio, TX, United States, 78218 and employs 18 people. Rackspace Technology is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 428.42 M. Rackspace Technology runs under Software sector within Information Technology industry. The entity has 229.1 M outstanding shares of which 4.04 M shares are at this time shorted by investors with about 3.21 days to cover. Rackspace Technology has about 283.6 M in cash with 39.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.35.
Check Rackspace Technology Probability Of Bankruptcy
Ownership Allocation
Rackspace Technology owns a total of 229.1 Million outstanding shares. The majority of Rackspace Technology outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Rackspace Technology to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Rackspace Technology. Please pay attention to any change in the institutional holdings of Rackspace Technology as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Rackspace Ownership Details

Rackspace Stock Institutional Holders

InstituionRecorded OnShares
Jpmorgan Chase & Co2024-12-31
837.1 K
Ubs Group Ag2024-12-31
831.7 K
Federated Hermes Inc2024-12-31
791.5 K
Citadel Advisors Llc2024-12-31
692.2 K
Goldman Sachs Group Inc2024-12-31
623.2 K
Amvescap Plc.2024-12-31
610.3 K
Charles Schwab Investment Management Inc2024-12-31
595.9 K
Northern Trust Corp2024-12-31
589.2 K
Millennium Management Llc2024-12-31
491 K
Apollo Management Holdings Lp2024-12-31
129.6 M
Mackenzie Investments2024-12-31
6.5 M
View Rackspace Technology Diagnostics

Rackspace Technology Historical Income Statement

At this time, Rackspace Technology's Depreciation And Amortization is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 686.5 M in 2025, whereas Interest Expense is likely to drop slightly above 198.6 M in 2025. View More Fundamentals

Rackspace Stock Against Markets

Rackspace Technology Corporate Management

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.