Rackspace Technology Inc. (RXT)
Rackspace Technology Statistics
Share Statistics
Rackspace Technology has 237.31M shares outstanding. The number of shares has increased by 5.16% in one year.
| Shares Outstanding | 237.31M |
| Shares Change (YoY) | 5.16% |
| Shares Change (QoQ) | 0.68% |
| Owned by Institutions (%) | 74.42% |
| Shares Floating | 65.47M |
| Failed to Deliver (FTD) Shares | 4.97K |
| FTD / Avg. Volume | 0.52% |
Short Selling Information
The latest short interest is 4.32M, so 1.9% of the outstanding shares have been sold short.
| Short Interest | 4.32M |
| Short % of Shares Out | 1.9% |
| Short % of Float | 7.09% |
| Short Ratio (days to cover) | 5.74 |
Valuation Ratios
The PE ratio is -0.58 and the forward PE ratio is -17.36. Rackspace Technology's PEG ratio is 0.32.
| PE Ratio | -0.58 |
| Forward PE | -17.36 |
| PS Ratio | 0.18 |
| Forward PS | 0.1 |
| PB Ratio | -0.49 |
| P/FCF Ratio | -6.98 |
| PEG Ratio | 0.32 |
Enterprise Valuation
Rackspace Technology Inc. has an Enterprise Value (EV) of 3.67B.
| EV / Earnings | -4.27 |
| EV / Sales | 1.34 |
| EV / EBITDA | -4.03 |
| EV / EBIT | -4.03 |
| EV / FCF | -51.51 |
Financial Position
The company has a current ratio of 0.81, with a Debt / Equity ratio of -0.48.
| Current Ratio | 0.81 |
| Quick Ratio | 0.81 |
| Debt / Equity | -0.48 |
| Total Debt / Capitalization | -91.53 |
| Cash Flow / Debt | 0.08 |
| Interest Coverage | -9.28 |
Financial Efficiency
Return on equity (ROE) is 0.85% and return on capital (ROIC) is 168.81%.
| Return on Equity (ROE) | 0.85% |
| Return on Assets (ROA) | -0.28% |
| Return on Capital (ROIC) | 168.81% |
| Revenue Per Employee | $536,686.27 |
| Profits Per Employee | $-168,274.51 |
| Employee Count | 5,100 |
| Asset Turnover | 0.9 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -23.3M |
| Effective Tax Rate | 0.03 |
Stock Price Statistics
The stock price has increased by 11.39% in the last 52 weeks. The beta is 2.06, so Rackspace Technology's price volatility has been higher than the market average.
| Beta | 2.06 |
| 52-Week Price Change | 11.39% |
| 50-Day Moving Average | 2.42 |
| 200-Day Moving Average | 2.46 |
| Relative Strength Index (RSI) | 26.95 |
| Average Volume (20 Days) | 952.02K |
Income Statement
In the last 12 months, Rackspace Technology had revenue of 2.74B and earned -858.2M in profits. Earnings per share was -3.82.
| Revenue | 2.74B |
| Gross Profit | 533.4M |
| Operating Income | -909.1M |
| Net Income | -858.2M |
| EBITDA | -909.1M |
| EBIT | -909.1M |
| Earnings Per Share (EPS) | -3.82 |
Balance Sheet
The company has 144M in cash and 479.9M in debt, giving a net cash position of -335.9M.
| Cash & Cash Equivalents | 144M |
| Total Debt | 479.9M |
| Net Cash | -335.9M |
| Retained Earnings | -3.68B |
| Total Assets | 3.05B |
| Working Capital | -147.8M |
Cash Flow
In the last 12 months, operating cash flow was 39.9M and capital expenditures -111.1M, giving a free cash flow of -71.2M.
| Operating Cash Flow | 39.9M |
| Capital Expenditures | -111.1M |
| Free Cash Flow | -71.2M |
| FCF Per Share | -0.32 |
Margins
Gross margin is 19.49%, with operating and profit margins of -33.21% and -31.35%.
| Gross Margin | 19.49% |
| Operating Margin | -33.21% |
| Pretax Margin | -32.21% |
| Profit Margin | -31.35% |
| EBITDA Margin | -33.21% |
| EBIT Margin | -33.21% |
| FCF Margin | -2.6% |
Dividends & Yields
RXT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -217.05% |
| FCF Yield | -17.05% |
Analyst Forecast
The average price target for RXT is $2.15, which is 22.2% higher than the current price. The consensus rating is "Hold".
| Price Target | $2.15 |
| Price Target Difference | 22.2% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Jul 20, 2020. It was a backward split with a ratio of 1:12.
| Last Split Date | Jul 20, 2020 |
| Split Type | backward |
| Split Ratio | 1:12 |
Scores
| Altman Z-Score | -1.59 |
| Piotroski F-Score | 5 |