Rackspace Technology Inc
NASDAQ:RXT
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:
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.
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.
Score
Rackspace Technology Inc's solvency score is 17/100. The higher the solvency score, the more solvent the company is.
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 |
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
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.
Ownership
RXT Insider Trading
Buy and sell transactions by insiders
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.
| 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
|
Shareholder Return
RXT Return Decomposition
Main factors of price return
is not available
It is impossible to break down the market cap return as the net margin from 5 years ago is negative.
RXT Price
Rackspace Technology Inc
| Average Annual Return | -5.44% |
| Standard Deviation of Annual Returns | 30.98% |
| Max Drawdown | -94% |
| Market Capitalization | 374M USD |
| Shares Outstanding | 211 600 000 |
| Percentage of Shares Shorted | 24.25% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
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
IPO
Employees
Officers
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%.
