Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $2.06 in the prior trading day, Rackspace Technology Inc (NASDAQ: RXT) closed at $1.97, down -4.37%. In other words, the price has decreased by -$4.37 from its previous closing price. On the day, 1.25 million shares were traded.
Ratios:
Our goal is to gain a better understanding of RXT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.65. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.81.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on November 07, 2023, initiated with a Neutral rating and assigned the stock a target price of $1.40.
On September 19, 2023, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $3.50.
Citigroup Downgraded its Neutral to Sell on July 25, 2023, whereas the target price for the stock was revised from $1.25 to $1.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 03 ’25 when TEAL-GUESS KELLIE sold 5,412 shares for $2.37 per share. The transaction valued at 12,826 led to the insider holds 883,816 shares of the business.
Koushik Srini sold 9,165 shares of RXT for $21,721 on Mar 03 ’25. The President, Technology now owns 1,009,086 shares after completing the transaction at $2.37 per share. On Mar 03 ’25, another insider, Maletira Amar, who serves as the Chief Executive Officer of the company, sold 38,355 shares for $2.37 each. As a result, the insider received 90,901 and left with 4,890,168 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16.
Stock Price History:
Over the past 52 weeks, RXT has reached a high of $3.41, while it has fallen to a 52-week low of $1.45. The 50-Day Moving Average of the stock is -21.65%, while the 200-Day Moving Average is calculated to be -20.04%.
Shares Statistics:
A total of 229.10M shares are outstanding, with a floating share count of 62.00M. Insiders hold about 72.76% of the company’s shares, while institutions hold 17.27% stake in the company.
Earnings Estimates
The current assessment of Rackspace Technology Inc (RXT) involves the perspectives of 4.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.02 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.03 and -$0.22 for the fiscal current year, implying an average EPS of -$0.14. EPS for the following year is -$0.03, with 4.0 analysts recommending between $0.06 and -$0.18.
Revenue Estimates
4 analysts predict $657.98M in revenue for the current quarter. It ranges from a high estimate of $659.3M to a low estimate of $654.5M. As of the current estimate, Rackspace Technology Inc’s year-ago sales were $690.8MFor the next quarter, 4 analysts are estimating revenue of $663.9M. There is a high estimate of $672.9M for the next quarter, whereas the lowest estimate is $655.6M.
A total of 5 analysts have provided revenue estimates for RXT’s current fiscal year. The highest revenue estimate was $2.72B, while the lowest revenue estimate was $2.66B, resulting in an average revenue estimate of $2.69B. In the same quarter a year ago, actual revenue was $2.74BBased on 5 analysts’ estimates, the company’s revenue will be $2.73B in the next fiscal year. The high estimate is $2.78B and the low estimate is $2.68B.
