Rackspace Technology Inc.
2.36
0.04 (1.72%)
At close: Jan 14, 2025, 3:59 PM
2.35
-0.42%
After-hours Jan 14, 2025, 05:58 PM EST

Rackspace Technology Statistics

Share Statistics

Rackspace Technology has 227.57M shares outstanding. The number of shares has increased by 5.16% in one year.

Shares Outstanding 227.57M
Shares Change (YoY) n/a
Shares Change (QoQ) 0.68%
Owned by Institutions (%) n/a
Shares Floating 61.02M
Failed to Deliver (FTD) Shares 200
FTD / Avg. Volume 0.02%

Short Selling Information

The latest short interest is 4.63M, so 2.04% of the outstanding shares have been sold short.

Short Interest 4.63M
Short % of Shares Out 2.04%
Short % of Float 7.59%
Short Ratio (days to cover) 4.61

Valuation Ratios

The PE ratio is -0.51 and the forward PE ratio is -26.42.

PE Ratio -0.51
Forward PE -26.42
PS Ratio 0.15
Forward PS 0.2
PB Ratio -2.79
P/FCF Ratio 1.55
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

Rackspace Technology Inc. has an Enterprise Value (EV) of 3.67B.

EV / Earnings -4.38
EV / Sales 1.24
EV / EBITDA -24.46
EV / EBIT -4.08
EV / FCF 13.19

Financial Position

The company has a current ratio of 0.92, with a Debt / Equity ratio of -18.53.

Current Ratio 0.92
Quick Ratio 0.92
Debt / Equity -18.53
Total Debt / Capitalization 105.71
Cash Flow / Debt 0.13
Interest Coverage -4.06

Financial Efficiency

Return on equity (ROE) is 5.42% and return on capital (ROIC) is -27.33%.

Return on Equity (ROE) 5.42%
Return on Assets (ROA) -0.2%
Return on Capital (ROIC) -27.33%
Revenue Per Employee 509.84K
Profits Per Employee -144.45K
Employee Count 5.80K
Asset Turnover 0.72
Inventory Turnover 0

Taxes

Income Tax -16.60M
Effective Tax Rate 0.02

Stock Price Statistics

The stock price has increased by 37.21% in the last 52 weeks. The beta is 1.98, so Rackspace Technology 's price volatility has been higher than the market average.

Beta 1.98
52-Week Price Change 37.21%
50-Day Moving Average 2.47
200-Day Moving Average 2.31
Relative Strength Index (RSI) 49.62
Average Volume (20 Days) 830.29K

Income Statement

In the last 12 months, Rackspace Technology had revenue of 2.96B and earned -837.80M in profits. Earnings per share was -3.89.

Revenue 2.96B
Gross Profit 648.60M
Operating Income -899.40M
Net Income -837.80M
EBITDA -149.90M
EBIT -899.40M
Earnings Per Share (EPS) -3.89
Full Income Statement

Balance Sheet

The company has 196.80M in cash and 3.38B in debt, giving a net cash position of -3.18B.

Cash & Cash Equivalents 196.80M
Total Debt 3.38B
Net Cash -3.18B
Retained Earnings -2.82B
Total Assets 3.15B
Working Capital -120.20M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 374.90M and capital expenditures -96.90M, giving a free cash flow of 278.00M.

Operating Cash Flow 374.90M
Capital Expenditures -96.90M
Free Cash Flow 278.00M
FCF Per Share 1.29
Full Cash Flow Statement

Margins

Gross margin is 21.93%, with operating and profit margins of -30.41% and -28.33%.

Gross Margin 21.93%
Operating Margin -30.41%
Pretax Margin -28.89%
Profit Margin -28.33%
EBITDA Margin -5.07%
EBIT Margin -30.41%
FCF Margin 9.4%

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 -164.83%
FCF Yield 51.76%
Dividend Details

Analyst Forecast

The average price target for RXT is $2.4, which is 1.7% higher than the current price. The consensus rating is "Hold".

Price Target $2.4
Price Target Difference 1.7%
Analyst Consensus Hold
Analyst Count 6
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 -1.34
Piotroski F-Score 4