Rackspace Technology Stock Today
| RXT Stock | USD 2.68 0.04 1.52% |
Performance7 of 100
| Odds Of DistressOver 60
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Rackspace Technology is selling for under 2.68 as of the 30th of November 2024; that is 1.52 percent increase since the beginning of the trading day. The stock's last reported lowest price was 2.62. Rackspace Technology has more than 60 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Note, on November 9, 2021, Representative Susie Lee of US Congress acquired under $15k worth of Rackspace Technology's common stock.
Business Domain Software & Services | IPO Date 5th of August 2020 | Category Technology | Classification Information Technology |
Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas. Rackspace Technology operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 227.57 M outstanding shares of which 4.51 M shares are at this time shorted by investors with about 4.81 days to cover. More on Rackspace Technology
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Rackspace Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Thematic Idea | Software (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [SIRONA DENTAL SYSTE, SIRONA DENTAL SYSTE (RXT.SG), SIRONA DENTAL SYSTE - Frankfurt Stock Exchang] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Infrastructure, Information Technology, NASDAQ Composite, Software, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsRackspace Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rackspace Technology's financial leverage. It provides some insight into what part of Rackspace Technology's total assets is financed by creditors.
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Rackspace Technology (RXT) is traded on NASDAQ Exchange in USA. It is located in 1 Fanatical Place, San Antonio, TX, United States, 78218 and employs 5,800 people. Rackspace Technology is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 600.78 M. Rackspace Technology runs under Software sector within Information Technology industry. The entity has 227.57 M outstanding shares of which 4.51 M shares are at this time shorted by investors with about 4.81 days to cover.
Rackspace Technology has about 283.6 M in cash with 374.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.35.
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Ownership AllocationRackspace Technology owns a total of 227.57 Million outstanding shares. The majority of Rackspace Technology outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Rackspace Technology to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Rackspace Technology. Please pay attention to any change in the institutional holdings of Rackspace Technology as this could imply that something significant has changed or is about to change at the company. Please note that on November 9, 2021, Representative Susie Lee of US Congress acquired under $15k worth of Rackspace Technology's common stock.
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Rackspace Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Jacobs Levy Equity Management, Inc. | 2024-09-30 | 814.6 K | |
| Federated Hermes Inc | 2024-09-30 | 771.5 K | |
| Amvescap Plc. | 2024-06-30 | 758.8 K | |
| Jpmorgan Chase & Co | 2024-06-30 | 723.1 K | |
| Ubs Group Ag | 2024-06-30 | 644 K | |
| Jane Street Group Llc | 2024-06-30 | 606.9 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 590.7 K | |
| Northern Trust Corp | 2024-09-30 | 556.5 K | |
| Wells Fargo & Co | 2024-06-30 | 470.2 K | |
| Apollo Management Holdings Lp | 2024-09-30 | 129.6 M | |
| Legal & General Group Plc | 2024-06-30 | 7.8 M |
Rackspace Technology Historical Income Statement
Rackspace Stock Against Markets
Rackspace Technology Corporate Management
| Srini Koushik | Ex CTO | Profile | |
| Kathleen Schneider | Chief Officer | Profile | |
| Greg Hrncir | Chief Officer | Profile | |
| Michael Bross | Senior Officer | Profile | |
| Sagar Hebbar | Head Relations | Profile | |
| JD Esq | Chief EVP | Profile | |
| Sandeep Bhargava | VP Japan | Profile |
Additional Tools for Rackspace Stock Analysis
When running Rackspace Technology's price analysis, check to measure Rackspace Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rackspace Technology is operating at the current time. Most of Rackspace Technology's value examination focuses on studying past and present price action to predict the probability of Rackspace Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackspace Technology's price. Additionally, you may evaluate how the addition of Rackspace Technology to your portfolios can decrease your overall portfolio volatility.