Market Update: Rackspace Technology Inc (RXT) Sees Negative Movement%, Closing at $1.64

Nora Barnes

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, Rackspace Technology Inc (NASDAQ: RXT) closed at $1.64 down -4.09% from its previous closing price of $1.71. In other words, the price has decreased by -$4.09 from its previous closing price. On the day, 0.64 million shares were traded. RXT stock price reached its highest trading level at $1.7 during the session, while it also had its lowest trading level at $1.62.

Ratios:

For a deeper understanding of Rackspace Technology Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.32. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 0.77.

On November 07, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $1.40.

Raymond James Upgraded its Mkt Perform to Outperform on September 19, 2023, while the target price for the stock was maintained at $3.50.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 15 ’25 when Maletira Amar sold 1,780,619 shares for $1.35 per share. The transaction valued at 2,403,836 led to the insider holds 4,608,619 shares of the business.

Maletira Amar bought 2,000,000 shares of RXT for $2,900,000 on Sep 15 ’25. On Sep 08 ’25, another insider, Scott Anthony, who serves as the Director of the company, sold 40,000 shares for $1.43 each. As a result, the insider received 57,200 and left with 191,045 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RXT now has a Market Capitalization of 392551488 and an Enterprise Value of 3595951616. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15. Its current Enterprise Value per Revenue stands at 1.335 whereas that against EBITDA is 16.757.

Stock Price History:

The Beta on a monthly basis for RXT is 2.09, which has changed by -0.33072406 over the last 52 weeks, in comparison to a change of 0.18258524 over the same period for the S&P500. Over the past 52 weeks, RXT has reached a high of $3.41, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 15.80%, while the 200-Day Moving Average is calculated to be 0.77%.

Shares Statistics:

For the past three months, RXT has traded an average of 1.01M shares per day and 1383280 over the past ten days. A total of 239.00M shares are outstanding, with a floating share count of 94.25M. Insiders hold about 60.62% of the company’s shares, while institutions hold 16.01% stake in the company. Shares short for RXT as of 1760486400 were 5797347 with a Short Ratio of 5.75, compared to 1757894400 on 4888492. Therefore, it implies a Short% of Shares Outstanding of 5797347 and a Short% of Float of 5.57.

Earnings Estimates

A detailed examination of Rackspace Technology Inc (RXT) is currently in progress, with 2.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.03 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.2 and -$0.22 for the fiscal current year, implying an average EPS of -$0.21. EPS for the following year is -$0.03, with 3.0 analysts recommending between $0.1 and -$0.12.

Revenue Estimates

A total of 3 analysts believe the company’s revenue will be $666.83M this quarter.It ranges from a high estimate of $667.5M to a low estimate of $666M. As of. The current estimate, Rackspace Technology Inc’s year-ago sales were $675.8MFor the next quarter, 3 analysts are estimating revenue of $676.65M. There is a high estimate of $677.5M for the next quarter, whereas the lowest estimate is $675.8M.

A total of 3 analysts have provided revenue estimates for RXT’s current fiscal year. The highest revenue estimate was $2.67B, while the lowest revenue estimate was $2.67B, resulting in an average revenue estimate of $2.67B. In the same quarter a year ago, actual revenue was $2.74BBased on 3 analysts’ estimates, the company’s revenue will be $2.72B in the next fiscal year. The high estimate is $2.74B and the low estimate is $2.67B.

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