Rackspace Technology Inc.

NASDAQ: RXT · Real-Time Price · USD
1.46
0.03 (2.10%)
At close: May 08, 2025, 3:59 PM
1.45
-0.34%
After-hours: May 08, 2025, 07:59 PM EDT

Rackspace Technology Statistics

Share Statistics

Rackspace Technology has 237.31M shares outstanding. The number of shares has increased by 6.01% in one year.

Shares Outstanding 237.31M
Shares Change (YoY) 6.01%
Shares Change (QoQ) 4.28%
Owned by Institutions (%) 74.42%
Shares Floating n/a
Failed to Deliver (FTD) Shares 686
FTD / Avg. Volume 0.08%

Short Selling Information

The latest short interest is 5.14M, so 2.17% of the outstanding shares have been sold short.

Short Interest 5.14M
Short % of Shares Out 2.17%
Short % of Float 6.38%
Short Ratio (days to cover) 5.55

Valuation Ratios

The PE ratio is -0.58 and the forward PE ratio is -35.75. Rackspace Technology's PEG ratio is 0.32.

PE Ratio -0.58
Forward PE -35.75
PS Ratio 0.18
Forward PS 0.1
PB Ratio -0.49
P/FCF Ratio -6.98
PEG Ratio 0.32
Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Rackspace Technology.

EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.81, with a Debt / Equity ratio of -3.27.

Current Ratio 0.81
Quick Ratio 0.81
Debt / Equity -3.27
Debt / EBITDA -9.04
Debt / FCF -46.09
Interest Coverage -9.28

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity n/a
Return on Assets n/a
Return on Invested Capital n/a
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 2.64%

Stock Price Statistics

The stock price has increased by -25.51% in the last 52 weeks. The beta is 2.15, so Rackspace Technology's price volatility has been higher than the market average.

Beta 2.15
52-Week Price Change -25.51%
50-Day Moving Average 1.69
200-Day Moving Average 2.28
Relative Strength Index (RSI) 45.9
Average Volume (20 Days) 892,177

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 -362.9M
EBIT -783.5M
Earnings Per Share (EPS) -3.82
Full Income Statement

Balance Sheet

The company has 144M in cash and 3.28B in debt, giving a net cash position of -3.14B.

Cash & Cash Equivalents 144M
Total Debt 3.28B
Net Cash -3.14B
Retained Earnings -3.68B
Total Assets 3.05B
Working Capital -147.8M
Full Balance Sheet

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
Full Cash Flow Statement

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 -13.26%
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 n/a
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for RXT is $2, which is 37% higher than the current price. The consensus rating is "Hold".

Price Target $2
Price Target Difference 37%
Analyst Consensus Hold
Analyst Count 3
Stock Forecasts

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 -1.6
Piotroski F-Score 5