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Rackspace Technology Inc
NASDAQ:RXT

Watchlist Manager
Rackspace Technology Inc
NASDAQ:RXT
Watchlist
Price: 4.66 USD +2.64%
Updated: Nov 30, 2022

Intrinsic Value

The intrinsic value of one RXT stock under the Base Case scenario is 15.69 USD. Compared to the current market price of 4.66 USD, Rackspace Technology Inc is Undervalued by 70%.

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

RXT Intrinsic Value
Base Case
15.69 USD
Undervaluation 70%
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
Efficiency
29%
Gross Margin
1%
Operating Margin
-22%
Net Margin
6%
FCF Margin
-62%
ROE
1%
ROIC
Other

RXT Capital Structure
Rackspace Technology Inc

Market Capitalization 984M USD
Total Debt 3.7B USD
Minority Interest 0 USD
Preferred Equity 0 USD
Cash and Equivalents 249M USD
Short-Term Investments 0 USD
Enterprise Value 4.4B 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 6.91 USD with a low forecast of 4.04 USD and a high forecast of 12.6 USD.

Lowest
Price Target
4.04 USD
13% Downside
Average
Price Target
6.91 USD
48% Upside
Highest
Price Target
12.6 USD
170% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

RXT Competitors
Rackspace Technology Inc

RXT Suppliers & Customers
Rackspace Technology Inc

Rackspace Technology Inc has 29 key suppliers from 4 countries and 8 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Technology industry.

Rackspace Technology Inc has 23 key customers from 8 countries and 13 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Technology industry.

Ownership

RXT Shareholders
Major Shareholders

Insiders own a significant part of the company.

Top 25 shareholders own 102.8% of the company. Insiders own 17.17%. The biggest insider is Abry Partners Llc (10 percent owner), who owns 11.12% of Rackspace Technology Inc.

Insiders
17.17%
Institutions
89.18%
Other
-6.35%
Insiders
17.17%
Abry Partners Llc
10 percent owner
Ownership
11.1246%
Market Value
109M USD
Shares
23 485 072
Jones Kevin M.
Chief Executive Officer
Ownership
1.7748%
Market Value
17.5M USD
Shares
3 746 695
Maletira Amar
CEO, President & CFO
Ownership
1.5599%
Market Value
15.3M USD
Shares
3 293 142
Sinha Dharmendra Kumar
EVP, President, Public Cloud
Ownership
0.6611%
Market Value
6.5M USD
Shares
1 395 588
Windham Holly B.
EVP, Chief Legal & People Off
Ownership
0.3608%
Market Value
3.5M USD
Shares
761 697
Blackburn Martin H.
Managing Director, EMEA
Ownership
0.3396%
Market Value
3.3M USD
Shares
716 941
Mukerji Subroto
President - Americas Region
Ownership
0.2455%
Market Value
2.4M USD
Shares
518 285
Koushik Srini
Chief Technology Officer
Ownership
0.2316%
Market Value
2.3M USD
Shares
488 846
Bhargava Sandeep
Managing Director, APJ
Ownership
0.2098%
Market Value
2.1M USD
Shares
442 995
Benjamin Jeffrey D
Director
Ownership
0.1453%
Market Value
1.4M USD
Shares
306 640
Semach Dustin J.
EVP, CFO & Treasurer
Ownership
0.0677%
Market Value
666k USD
Shares
142 857
Wolf Thomas
SVP, Global Sales Strat & Ops
Ownership
0.0526%
Market Value
518k USD
Shares
111 125
Tarhan Tolga
Chief Technology Officer
Ownership
0.052%
Market Value
512k USD
Shares
109 877
Marino Mark A.
Vice President & CAO
Ownership
0.0431%
Market Value
424k USD
Shares
90 896
Hrncir Gregory S.
SVP - Chief Operations Officer
Ownership
0.0415%
Market Value
408k USD
Shares
87 608
Emerson Neil
Chief Relationship Officer
Ownership
0.0383%
Market Value
377k USD
Shares
80 924
Mccabe John F.
Chief Relationship Officer
Ownership
0.0331%
Market Value
326k USD
Shares
69 904
Fonseca Dhiren R.
Director
Ownership
0.0327%
Market Value
322k USD
Shares
69 104
Garber Mitchell Alan
Director
Ownership
0.0278%
Market Value
273k USD
Shares
58 618
Stanford Zarina
Chief Comm & Marketing Officer
Ownership
0.0266%
Market Value
261k USD
Shares
56 053
Campos Timothy
Director
Ownership
0.0247%
Market Value
243k USD
Shares
52 096
Arthur Susan Donner
Director
Ownership
0.0226%
Market Value
222k USD
Shares
47 668
Shilling Casey L.
SVP - Chief Marketing Officer
Ownership
0.0225%
Market Value
222k USD
Shares
47 571
Samant Shashank
Director
Ownership
0.0183%
Market Value
180k USD
Shares
38 574
Stoyka Matthew M.
Chief Solutions Officer
Ownership
0.0091%
Market Value
89.3k USD
Shares
19 169
Mills Stephen A.
SVP & General Manager-Americas
Ownership
0.0078%
Market Value
76.3k USD
Shares
16 384
Institutions
89.18%
Back

RXT Insider Trading
Buy and sell transactions by insiders

Rackspace Technology Inc insiders have not made purchase/sale transactions in the past 12 months.

During the last 12 months Rackspace Technology Inc insiders have not bought any shares, and have not sold any shares. The last transaction was made on Nov 30, 2022 by Campos Timothy (Director), who sold 230k 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
No Insider Transactions
0
0 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
N/A
N/A
9 Months
N/A
N/A
N/A
12 Months
N/A
N/A
N/A
Purchases
2
Sales
11
Why is insider trading important?

Shareholder Return

RXT Price
Rackspace Technology Inc

1M 1M
-10%
6M 6M
-50%
1Y 1Y
-67%
3Y 3Y
-72%
5Y 5Y
-72%
Annual Price Range
4.66
52w Low
3.8
52w High
14.26
Price Metrics
Average Annual Return 16.47%
Standard Deviation of Annual Returns
N/A
Max Drawdown -85%

Company Profile

Rackspace Technology Inc

Country

United States of America

Industry

Technology

Market Cap

984M 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.
EVP & Pres of Americas Region
Mr. Subroto Mukerji
Managing Director of EMEA
Mr. Martin H. Blackburn
Chief Operations Officer
Mr. Greg Hrncir
VP & Chief Accounting Officer
Mr. Mark A. Marino
Show More
VP of Corp. Fin.
Robert Watson
EVP & CTO
Mr. Srini Koushik
VP of Investor Relations
Mr. Joseph J. Crivelli
Chief Communications & Marketing Officer
Ms. Casey L. Shilling
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 15.69 USD.

Is RXT stock undervalued or overvalued?

Compared to the current market price of 4.66 USD, Rackspace Technology Inc is Undervalued by 70%.