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Rackspace Technology Inc.

NAS: RXT

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Market open

 --Real time quotes

Jul 23, 2021, 12:57 p.m.

RXT
/zigman2/quotes/219801308/composite

$

18.46

Change

+0.47 +2.63%

Volume

Volume 380,986

Real time quotes

/zigman2/quotes/219801308/composite

Previous close

$ 17.99

$ 18.46

Change

+0.47 +2.63%

Day low

Day high

$17.83

$18.58

Open

52 week low

52 week high

$15.25

$26.43

Open

Company Description

Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The firm designs, builds and operates its customers’ cloud environments across technology platforms. It operates through the following segments: Multicloud Services and Apps & Cross Platform. The Multi...

Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The firm designs, builds and operates its customers’ cloud environments across technology platforms. It operates through the following segments: Multicloud Services and Apps & Cross Platform. The Multicloud Services segment includes public and private cloud managed services offerings, as well as professional services related to designing and building multicloud solutions and cloud-native applications. The 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. The company was founded on July 21, 2016 and is headquartered in San Antonio, TX.

Valuation

Price to Sales Ratio

1.26

Price to Book Ratio

2.78

Price to Cash Flow Ratio

19.59

Enterprise Value to EBITDA

12.57

Enterprise Value to Sales

2.71

Total Debt to Enterprise Value

0.55

Efficiency

Revenue/Employee

375,986.00

Income Per Employee

-34,139.00

Receivables Turnover

6.35

Total Asset Turnover

0.43

Liquidity

Current Ratio

1.02

Quick Ratio

1.02

Cash Ratio

0.14

Profitability

Gross Margin

36.36

Operating Margin

1.22

Pretax Margin

-11.53

Net Margin

-9.08

Return on Assets

-3.89

Return on Equity

-21.54

Return on Total Capital

0.62

Return on Invested Capital

-4.71

Capital Structure

Total Debt to Total Equity

290.82

Total Debt to Total Capital

74.41

Total Debt to Total Assets

63.10

Long-Term Debt to Equity

279.66

Long-Term Debt to Total Capital

71.56

Officers and Executives

Name Age Officer Since Title
Mr. Kevin M. Jones 52 2019 Chief Executive Officer & Director
Mr. Amar Mandanna Maletira 51 2020 President & Chief Financial Officer
Mr. Subroto Mukerji 59 2019 Chief Operating Officer & Executive Vice President
Mr. Tolga Tarhan 38 2020 Chief Technology Officer
Mr. Holly Windham 54 2017 Secretary, Chief Legal & People Officer

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
07/16/2021 Timothy Campos
Director
11,992   Disposition at $19.17 per share. 229,886
06/30/2021 Mitchell Alan Garber
Director
1,420   Award at $0 per share. 0
06/16/2021 Holly Windham
EVP, Chief Legal & People Off
10,000   Disposition at $20.19 per share. 201,900
06/16/2021 Holly Windham
EVP, Chief Legal & People Off
10,000   Derivative/Non-derivative trans. at $11.41 per share. 114,100
06/15/2021 Holly Windham
EVP, Chief Legal & People Off
2,525   Disposition at $21 per share. 53,025
06/15/2021 Holly Windham
EVP, Chief Legal & People Off
2,525   Derivative/Non-derivative trans. at $11.41 per share. 28,810
06/09/2021 Dfrb Investors LLC
Director
39,479   Disposition at $21.19 per share. 836,560
06/08/2021 Dfrb Investors LLC
Director
116,521   Disposition at $21.25 per share. 2,476,071
05/23/2021 Amar Mandanna Maletira
President & CFO
63,678   Derivative/Non-derivative trans. at $20.07 per share. 1,278,017
05/19/2021 Jeffrey D. Benjamin
Director
10,240   Award at $0 per share. 0
05/19/2021 Mitchell Alan Garber
Director
10,240   Award at $0 per share. 0
05/19/2021 Timothy Campos
Director
10,240   Award at $0 per share. 0
05/19/2021 Susan Arthur
Director
10,240   Award at $0 per share. 0
05/14/2021 Subroto Mukerji
EVP, Chief Operating Officer
44,535   Award at $0 per share. 0
05/14/2021 Subroto Mukerji
EVP, Chief Operating Officer
3,970   Acquisition at $18.95 per share. 75,231
05/13/2021 Amar Mandanna Maletira
President & CFO
2,717   Acquisition at $18.4 per share. 49,992
05/13/2021 Amar Mandanna Maletira
President & CFO
2,702   Acquisition at $18.5 per share. 49,987
05/13/2021 Kevin M. Jones
Chief Executive Officer; Director
400   Acquisition at $18.44 per share. 7,376
05/13/2021 Kevin M. Jones
Chief Executive Officer; Director
5,009   Acquisition at $18.44 per share. 92,365
05/13/2021 Tolga Tarhan
Chief Technology Officer
16,000   Derivative/Non-derivative trans. at $12.97 per share. 207,520
05/13/2021 Tolga Tarhan
Chief Technology Officer
14,506   Disposition at $18.22 per share. 264,299
05/13/2021 Tolga Tarhan
Chief Technology Officer
199   Disposition at $18.27 per share. 3,635
05/13/2021 Tolga Tarhan
Chief Technology Officer
16,000   Disposition at $18.24 per share. 291,840
/news/latest/company/us/rxt

MarketWatch News on RXT

  1. Rackspace Technology upgraded to strong buy from outperform at Raymond James

    8:22 a.m. May 12, 2021

    - Tomi Kilgore

  2. Rackspace stock drops 10% as outlook meets with chilly reception

    5:02 p.m. May 10, 2021

    - Wallace Witkowski

  3. Rackspace Technology started at outperform with $28.50 stock price target at Raymond James

    7:52 a.m. April 20, 2021

    - Tomi Kilgore

  4. With Icahn out, Herbalife to name 3 new directors

    7:14 p.m. Feb. 28, 2021

    - MarketWatch.com

  5. Rackspace stock sinks despite bookings and revenue growth

    7:50 p.m. Feb. 18, 2021

    - Levi Sumagaysay

  6. Why American Express Is a Strong Comeback Candidate

    12:42 a.m. Jan. 30, 2021

    - Barron's Online

  7. Rackspace Technology started at outperform with $28 stock price target at Oppenheimer

    8:25 a.m. Jan. 26, 2021

    - Tomi Kilgore

  8. Rackspace Earnings Top Estimates, but the Stock Drops

    5:27 p.m. Aug. 31, 2020

    - Barron's Online

  9. Rackspace Technology started at outperform with $23 stock price target at BMO Capital

    8:43 a.m. Aug. 31, 2020

    - Tomi Kilgore

  10. Rackspace Technology started at overweight with $28 stock price target at J.P. Morgan

    6:59 a.m. Aug. 31, 2020

    - Tomi Kilgore

  11. Rackspace Technology started at buy with $26 stock price target at Deutsche Bank

    6:44 a.m. Aug. 31, 2020

    - Tomi Kilgore

  12. Nasdaq Notches a New High as U.S. and China Delay Trade Talks

    4:30 p.m. Aug. 17, 2020

    - Barron's Online

  13. Rackspace stock rallies on report of Amazon interest in stake

    11:36 a.m. Aug. 17, 2020

    - Wallace Witkowski

  14. Loading more headlines...
/news/nonmarketwatch/company/us/rxt

Other News on RXT

  1. Rackspace cutting workforce by 10%, raises Q2 outlook

    9:53 a.m. July 22, 2021

    - Seeking Alpha

  2. Why Rackspace Technology Stock Sank 18.9% Last Month

    3:29 p.m. June 6, 2021

    - Motley Fool

  3. Rackspace Technology (RXT) Investor Presentation - Slideshow

    3:09 p.m. May 27, 2021

    - Seeking Alpha

  4. Data Center REITs: Tech Trouble

    12:25 p.m. May 12, 2021

    - Seeking Alpha

  5. Why Rackspace Technology Shares Crashed Hard Today

    1:47 p.m. May 11, 2021

    - Motley Fool

  6. RXT, DDD, REAL and RBLX among midday movers

    12:41 p.m. May 11, 2021

    - Seeking Alpha

  7. 10-Q: RACKSPACE TECHNOLOGY, INC.

    5:06 p.m. May 10, 2021

    - Edgar Online - (EDG = 10Q, 10K)

  8. Notable earnings after Monday's close

    5:35 p.m. May 9, 2021

    - Seeking Alpha

  9. Loading more headlines...

At a Glance

Rackspace Technology, Inc.

1 Fanatical Place

City of Windcrest

San Antonio, Texas 78218

Phone

1 2103124000

Industry

Internet/Online

Sector

Technology

Fiscal Year-end

12/2021

Revenue

$2.71B

Net Income

$-245.80M

2020 Sales Growth

11.0%

Employees

7,200

/news/pressrelease/company/us/rxt

Press Releases on RXT

  1. Rackspace Technology Named a Top 15 Sourcing Standout by ISG

    11:05 a.m. July 22, 2021

    - GlobeNewswire

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