Rackspace Technology Inc. (RXT)
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) | 5.16% |
| Shares Change (QoQ) | 0.68% |
| Owned by Institutions (%) | 74.37% |
| Shares Floating | 59.04M |
| Failed to Deliver (FTD) Shares | 518 |
| FTD / Avg. Volume | 0.07% |
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 -0.51 and the forward PE ratio is -17.36. Rackspace Technology 's PEG ratio is -0.24.
| PE Ratio | -0.51 |
| Forward PE | -17.36 |
| PS Ratio | 0.15 |
| Forward PS | 0.2 |
| PB Ratio | -2.79 |
| P/FCF Ratio | 1.55 |
| PEG Ratio | -0.24 |
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 -21.88.
| Current Ratio | 0.92 |
| Quick Ratio | 0.92 |
| Debt / Equity | -21.88 |
| Total Debt / Capitalization | 104.79 |
| Cash Flow / Debt | 0.11 |
| 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 | n/a |
Taxes
| Income Tax | -16.60M |
| Effective Tax Rate | 0.02 |
Stock Price Statistics
The stock price has increased by 50% in the last 52 weeks. The beta is 2.05, so Rackspace Technology 's price volatility has been higher than the market average.
| Beta | 2.05 |
| 52-Week Price Change | 50% |
| 50-Day Moving Average | 2.51 |
| 200-Day Moving Average | 2.43 |
| Relative Strength Index (RSI) | 60.77 |
| Average Volume (20 Days) | 778.69K |
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 |
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 |
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 |
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 | -135.07% |
| FCF Yield | 42.34% |
Analyst Forecast
The average price target for RXT is $2.4, which is -16.7% lower than the current price. The consensus rating is "Hold".
| Price Target | $2.4 |
| Price Target Difference | -16.7% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
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 | -1.33 |
| Piotroski F-Score | 4 |