Rackspace Technology Inc (RXT)’s Market Momentum: Closing Strong at 1.39, Up 2.96

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As of close of business last night, Rackspace Technology Inc’s stock clocked out at $1.39, up 2.96% from its previous closing price of $1.35. In other words, the price has increased by $2.96 from its previous closing price. On the day, 2.55 million shares were traded. RXT stock price reached its highest trading level at $1.47 during the session, while it also had its lowest trading level at $1.315.

Ratios:

To gain a deeper understanding of RXT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.79.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 17 ’25 when Maletira Amar sold 521,840 shares for $1.87 per share. The transaction valued at 975,841 led to the insider holds 4,368,328 shares of the business.

Marino Mark A. sold 20,217 shares of RXT for $37,806 on Mar 17 ’25. The Chief Financial Officer now owns 1,917,446 shares after completing the transaction at $1.87 per share. On Mar 17 ’25, another insider, SINHA DHARMENDRA KUMAR, who serves as the EVP, President, Public Cloud of the company, sold 176,374 shares for $1.87 each. As a result, the insider received 329,819 and left with 2,117,455 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 329970688 and an Enterprise Value of 3485357568. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12. Its current Enterprise Value per Revenue stands at 1.285 whereas that against EBITDA is 17.755.

Stock Price History:

The Beta on a monthly basis for RXT is 2.06, which has changed by -0.43265307 over the last 52 weeks, in comparison to a change of 0.1116153 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 9.47%, while the 200-Day Moving Average is calculated to be -32.32%.

Shares Statistics:

It appears that RXT traded 972.05K shares on average per day over the past three months and 1144250 shares per day over the past ten days. A total of 237.30M shares are outstanding, with a floating share count of 61.48M. Insiders hold about 74.10% of the company’s shares, while institutions hold 17.08% stake in the company. Shares short for RXT as of 1749772800 were 5611111 with a Short Ratio of 5.52, compared to 1747267200 on 5528746. Therefore, it implies a Short% of Shares Outstanding of 5611111 and a Short% of Float of 5.5.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

Rackspace Technology Inc (RXT) is presently subject to a detailed evaluation by 4.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.01 and low estimates of -$0.03.

Analysts are recommending an EPS of between -$0.1 and -$0.17 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is -$0.01, with 5.0 analysts recommending between $0.1 and -$0.11.

Revenue Estimates

In the current quarter, 3 analysts expect revenue to total $658.86M. It ranges from a high estimate of $660.1M to a low estimate of $657.5M. As of the current estimate, Rackspace Technology Inc’s year-ago sales were $684.9MFor the next quarter, 3 analysts are estimating revenue of $666.92M. There is a high estimate of $672.77M for the next quarter, whereas the lowest estimate is $662.3M.

A total of 4 analysts have provided revenue estimates for RXT’s current fiscal year. The highest revenue estimate was $2.68B, while the lowest revenue estimate was $2.66B, resulting in an average revenue estimate of $2.67B. In the same quarter a year ago, actual revenue was $2.74BBased on 4 analysts’ estimates, the company’s revenue will be $2.71B in the next fiscal year. The high estimate is $2.74B and the low estimate is $2.66B.

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