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Rackspace Technology Inc
NASDAQ:RXT

Watchlist Manager
Rackspace Technology Inc
NASDAQ:RXT
Watchlist
Price: 1.76 USD +0.57% Market Closed
Updated: Mar 26, 2023

Intrinsic Value

The intrinsic value of one RXT stock under the Base Case scenario is 11.58 USD. Compared to the current market price of 1.76 USD, Rackspace Technology Inc is Undervalued by 85%.

The Intrinsic Value is calculated as the average of the two valuation methods:

RXT Intrinsic Value
Base Case
11.58 USD
Undervaluation 85%
Intrinsic Value
Price
R
Worst Case
Base Case
Best Case

Fundamental Analysis

RXT Profitability Score
Profitability Due Diligence

Rackspace Technology Inc's profitability score is 37/100. The higher the profitability score, the more profitable the company is.

Negative 3-Year Average ROE
Negative ROE
Negative Net Income
Low 3-Year Average ROIC
37/100
Profitability
Score

Rackspace Technology Inc's profitability score is 37/100. The higher the profitability score, the more profitable the company is.

RXT Solvency Score
Solvency Due Diligence

Rackspace Technology Inc's solvency score is 17/100. The higher the solvency score, the more solvent the company is.

Low Interest Coverage
Low Altman Z-Score
High D/E
Positive Net Debt
17/100
Solvency
Score

Rackspace Technology Inc's solvency score is 17/100. The higher the solvency score, the more solvent the company is.

Financials

Balance Sheet Decomposition
Rackspace Technology Inc

Current Assets 1.1B
Cash & Short-Term Investments 228M
Receivables 638M
Other Current Assets 207M
Non-Current Assets 4.4B
PP&E 766M
Intangibles 3.4B
Other Non-Current Assets 226M
Current Liabilities 857M
Accounts Payable 447M
Accrued Liabilities 192M
Other Current Liabilities 218M
Non-Current Liabilities 4B
Long-Term Debt 3.7B
Other Non-Current Liabilities 317M
Efficiency
27%
Gross Margin
0%
Operating Margin
-26%
Net Margin
5%
FCF Margin
Other

RXT Capital Structure
Rackspace Technology Inc

Market Capitalization 374M USD
Total Debt 3.7B USD
Minority Interest 0 USD
Preferred Equity 0 USD
Cash and Equivalents 228M USD
Short-Term Investments 0 USD
Enterprise Value 3.8B USD

Wall St
Price Targets

RXT Price Targets Summary
Rackspace Technology Inc

Wall Street analysts forecast RXT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for RXT is 3.88 USD with a low forecast of 2.02 USD and a high forecast of 6.41 USD.

Lowest
Price Target
2.02 USD
15% Upside
Average
Price Target
3.88 USD
120% Upside
Highest
Price Target
6.41 USD
264% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

RXT Competitors
Rackspace Technology Inc

RXT Suppliers & Customers
Rackspace Technology Inc

Suppliers Map
Customers Map

Ownership

RXT Insider Trading
Buy and sell transactions by insiders

Rackspace Technology Inc insiders have only bought shares in the past 12 months.

During the last 12 months Rackspace Technology Inc insiders bought 546k USD , and have not sold any shares. The last transaction was made on Mar 26, 2023 by Samant Shashank (Director), who bought 91.5k USD worth of RXT shares.

Sold
0-3
months
0 USD
0
3-6
months
0 USD
0
6-9
months
0 USD
0
9-12
months
0 USD
0
Bought
0-3
months
No Insider Transactions
0
0 USD
3-6
months
1
546k USD
6-9
months
No Insider Transactions
0
0 USD
9-12
months
No Insider Transactions
0
0 USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
N/A
N/A
N/A
6 Months
N/A
546k USD
546k
9 Months
N/A
546k USD
546k
12 Months
N/A
546k USD
546k
Purchases
4
Sales
11
No transactions found
Why is insider trading important?

Shareholder Return

RXT Return Decomposition
Main factors of price return

Price Return Decomposition
is not available

It is impossible to break down the market cap return as the net margin from 5 years ago is negative.

What is price return decomposition?

RXT Price
Rackspace Technology Inc

1M 1M
-25%
6M 6M
-61%
1Y 1Y
-84%
3Y 3Y
-89%
5Y 5Y
-89%
Annual Price Range
1.76
52w Low
1.66
52w High
11.77
Price Metrics
Average Annual Return -5.44%
Standard Deviation of Annual Returns 30.98%
Max Drawdown -94%
Shares Statistics
Market Capitalization 374M USD
Shares Outstanding 211 600 000
Percentage of Shares Shorted 24.25%

Company Profile

Rackspace Technology Inc

Country

United States of America

Industry

Technology

Market Cap

374M USD

Dividend Yield

0%

Description

Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The company is headquartered in San Antonio, Texas and currently employs 6,600 full-time employees. The company went IPO on 2020-08-05. The firm designs, builds and operates cloud environments across technology platforms. The firm operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. Its Multicloud Services segment includes its multicloud services offerings, as well as professional services related to designing and building multicloud solutions and cloud-native applications. Its Apps & Cross Platform segment includes managed applications, managed security and data services, as well as professional services related to designing and implementing application, security and data services. Its OpenStack Public Cloud segment enables to run applications on a public cloud that is built on open-source technology. The company also enables public cloud and managed hosting platforms to work, through technologies such as RackConnect tool.

Contact

TEXAS
San Antonio
1 Fanatical Place, City Of Windcrest
+12103124000.0
https://www.rackspace.com/

IPO

2020-08-05

Employees

6 600

Officers

Pres, CFO, CEO & Director
Mr. Amar Maletira
EVP, Chief Legal Officer, Chief Ethics & Compliance Officer, Sec. and Chief People Officer
Ms. Holly B. Windham Esq., J.D.
Chief Operations Officer
Mr. Greg Hrncir
VP & Chief Accounting Officer
Mr. Mark A. Marino
VP of Corp. Fin.
Robert Watson
Exec. VP & CTO
Mr. Srini Koushik
Show More
VP of Investor Relations
Mr. Joseph J. Crivelli
Chief Communications & Marketing Officer
Ms. Casey L. Shilling
Sr. VP and MD of Asia Pacific & Japan
Mr. Sandeep Bhargava
Pres of Public Cloud Bus. Unit
Mr. Dharmendra Kumar Sinha
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one RXT stock?

The intrinsic value of one RXT stock under the Base Case scenario is 11.58 USD.

Is RXT stock undervalued or overvalued?

Compared to the current market price of 1.76 USD, Rackspace Technology Inc is Undervalued by 85%.