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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.12 million shares were traded.
Ratios:
Our analysis of RXT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.49. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 24 ’25 when Marino Mark A. sold 202,230 shares for $2.61 per share. The transaction valued at 527,820 led to the insider holds 1,713,126 shares of the business.
Marino Mark A. sold 14,458 shares of RXT for $33,832 on Jan 27 ’25. The Chief Financial Officer now owns 1,915,356 shares after completing the transaction at $2.34 per share. On Dec 06 ’24, another insider, Roberts Anthony C., who serves as the Director of the company, bought 19,455 shares for $2.60 each. As a result, the insider paid 50,583 and bolstered with 161,930 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20.
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 -5.94%, while the 200-Day Moving Average is calculated to be -3.78%.
Shares Statistics:
A total of 229.10M shares are outstanding, with a floating share count of 61.77M. Insiders hold about 72.85% of the company’s shares, while institutions hold 17.27% stake in the company.
Earnings Estimates
As of right now, 5.0 analysts gave their recommendation on the stock of the company. 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 -$0.13. EPS for the following year is -$0.0, with 5.0 analysts recommending between $0.1 and -$0.18.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. 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.
