RXT RSI Chart
Last 7 days
-6.2%
Last 30 days
-6.7%
Last 90 days
-5.1%
Trailing 12 Months
-12.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.1B | 3.1B | 3.0B | 3.0B |
2022 | 3.1B | 3.1B | 3.1B | 3.1B |
2021 | 2.8B | 2.9B | 2.9B | 3.0B |
2020 | 2.5B | 2.5B | 2.6B | 2.7B |
2019 | 0 | 2.4B | 2.4B | 2.4B |
2018 | 0 | 0 | 0 | 2.5B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 01, 2024 | garber mitchell alan | acquired | - | - | 15,549 | - |
Mar 16, 2024 | sinha dharmendra kumar | sold (taxes) | -191,396 | 1.59 | -120,375 | evp, president, public cloud |
Mar 16, 2024 | maletira amar | sold (taxes) | -751,353 | 1.59 | -472,549 | chief executive officer |
Mar 16, 2024 | koushik srini | sold (taxes) | -65,771 | 1.59 | -41,366 | chief technology officer |
Mar 16, 2024 | marino mark a. | sold (taxes) | -19,773 | 1.59 | -12,436 | chief financial officer |
Mar 16, 2024 | lillie brian | sold (taxes) | -132,083 | 1.59 | -83,071 | evp, president private cloud |
Feb 22, 2024 | marino mark a. | acquired | - | - | 1,694,150 | chief financial officer |
Feb 20, 2024 | maletira amar | sold | -71,930 | 1.9209 | -37,446 | chief executive officer |
Feb 13, 2024 | gross mark | acquired | - | - | 40,676 | - |
Jan 25, 2024 | marino mark a. | sold | -19,951 | 1.62 | -12,316 | chief financial officer |
Which funds bought or sold RXT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 05, 2024 | CWM, LLC | reduced | -6.67 | - | 1,000 | -% |
Apr 04, 2024 | Leibman Financial Services, Inc. | unchanged | - | 51,177 | 372,760 | 0.29% |
Apr 03, 2024 | Versant Capital Management, Inc | sold off | -100 | -1,176 | - | -% |
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -67.05 | -1,464 | 570 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | reduced | -23.84 | -4,656,770 | 8,580,260 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 204 | 1,752,150 | 2,853,310 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.41 | -11,308 | 62,898 | -% |
Feb 26, 2024 | Virtu Financial LLC | new | - | 26,000 | 26,000 | -% |
Feb 16, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | added | 1,704 | 192,136 | 205,136 | -% |
Feb 16, 2024 | GSA CAPITAL PARTNERS LLP | sold off | -100 | -49,000 | - | -% |
Unveiling Rackspace Technology Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Rackspace Technology Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MSFT | 3.1T | 227.6B | 38 | 13.78 | ||||
ADBE | 212.4B | 19.9B | 44.24 | 10.65 | ||||
CRWD | 73.5B | 3.1B | 823.15 | 24.06 | ||||
SQ | 46.9B | 21.9B | 6.8K | 2.14 | ||||
AKAM | 15.7B | 3.8B | 28.61 | 4.11 | ||||
FFIV | 11.1B | 2.8B | 23.99 | 3.94 | ||||
MID-CAP | ||||||||
ALTR | 6.6B | 612.7M | -741.31 | 10.8 | ||||
HCP | 4.7B | 583.1M | -24.81 | 8.11 | ||||
ACIW | 3.4B | 1.5B | 28.02 | 2.34 | ||||
APPN | 2.8B | 545.4M | -25.24 | 5.16 | ||||
SMALL-CAP | ||||||||
CSGS | 1.4B | 1.2B | 20.7 | 1.21 | ||||
ATEN | 975.9M | 251.7M | 24.42 | 3.88 | ||||
BAND | 444.1M | 601.1M | -27.18 | 0.74 | ||||
DTSS | 21.2M | 7.0M | -2.47 | 2.91 | ||||
BLIN | 13.4M | 15.6M | -1.35 | 0.86 |
Rackspace Technology Inc News
Income Statement (Quarterly) | |||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2018Q4 |
Revenue | -1.7% | 719,700,000 | 732,400,000 | 746,300,000 | 758,700,000 | 787,000,000 | 787,600,000 | 772,200,000 | 775,500,000 | 777,300,000 | 762,500,000 | 743,800,000 | 725,900,000 | 716,200,000 | 681,700,000 | 656,500,000 | 652,700,000 | 627,100,000 | 601,700,000 | 602,400,000 | - |
Cost Of Revenue | -2.5% | 565,600,000 | 580,400,000 | 593,200,000 | 589,100,000 | 587,200,000 | 580,500,000 | 548,200,000 | 549,500,000 | 543,000,000 | 530,800,000 | 508,300,000 | 490,600,000 | 468,800,000 | 435,900,000 | 414,600,000 | 403,400,000 | 372,700,000 | 347,900,000 | 350,300,000 | - |
Gross Profit | 1.4% | 154,100,000 | 152,000,000 | 153,100,000 | 169,600,000 | 199,800,000 | 207,100,000 | 224,000,000 | 226,000,000 | 234,300,000 | 231,700,000 | 235,500,000 | 235,300,000 | 247,400,000 | 245,800,000 | 241,900,000 | 249,300,000 | 254,400,000 | 253,800,000 | 252,100,000 | - |
S&GA Expenses | -6.7% | 165,500,000 | 177,300,000 | 216,900,000 | 207,500,000 | 210,300,000 | 219,900,000 | 220,000,000 | 205,100,000 | 208,600,000 | 234,600,000 | 232,600,000 | 231,000,000 | 252,200,000 | 260,500,000 | 219,200,000 | 227,800,000 | 231,800,000 | 221,700,000 | 226,500,000 | - |
EBITDA Margin | 31.3% | -0.21 | -0.31 | -0.40 | -0.41 | -0.22 | -0.16 | 0.00 | 0.00 | -0.01 | -0.02 | -0.04 | -0.03 | - | - | - | - | - | - | - | - |
Interest Expenses | -9.9% | 50,900,000 | 56,500,000 | 57,300,000 | 56,900,000 | 55,600,000 | 52,300,000 | 50,500,000 | 50,100,000 | 50,500,000 | 51,500,000 | 50,500,000 | 52,600,000 | 59,200,000 | 68,300,000 | 68,900,000 | 72,000,000 | 59,200,000 | 80,900,000 | 100,800,000 | - |
Income Taxes | 157.6% | 9,500,000 | -16,500,000 | 1,300,000 | -10,900,000 | -63,100,000 | -23,400,000 | -12,000,000 | 5,600,000 | 6,400,000 | -19,500,000 | -10,800,000 | -6,900,000 | -32,800,000 | -18,100,000 | -12,300,000 | -3,000,000 | -13,500,000 | -9,200,000 | 12,300,000 | - |
Earnings Before Taxes | 115.4% | 37,500,000 | -243,100,000 | -25,900,000 | -622,900,000 | -277,100,000 | -535,100,000 | -52,600,000 | -32,900,000 | -76,500,000 | -54,300,000 | -47,400,000 | -70,900,000 | -96,600,000 | -119,300,000 | -44,900,000 | -51,200,000 | -60,300,000 | -69,700,000 | 74,800,000 | - |
EBT Margin | 25.2% | -0.29 | -0.39 | -0.47 | -0.48 | -0.29 | -0.22 | -0.07 | -0.07 | -0.08 | -0.09 | -0.12 | -0.12 | - | - | - | - | - | - | - | - |
Net Income | 112.4% | 28,000,000 | -226,600,000 | -27,200,000 | -612,000,000 | -214,000,000 | -511,700,000 | -40,600,000 | -38,500,000 | -82,900,000 | -34,800,000 | -36,600,000 | -64,000,000 | -63,800,000 | -101,200,000 | -32,600,000 | -48,200,000 | -46,800,000 | -60,500,000 | 62,500,000 | - |
Net Income Margin | 20.6% | -0.28 | -0.36 | -0.44 | -0.44 | -0.26 | -0.22 | -0.06 | -0.06 | -0.07 | -0.07 | -0.09 | -0.09 | - | - | - | - | - | - | - | - |
Free Cashflow | -84.0% | 38,300,000 | 239,300,000 | 14,400,000 | -14,000,000 | 12,500,000 | 51,700,000 | 56,800,000 | 45,300,000 | 38,400,000 | 81,100,000 | 76,600,000 | 66,300,000 | - | - | - | - | - | - | - | - |
Balance Sheet | |||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2019Q4 |
Assets | -4.3% | 4,096 | 4,280 | 4,665 | 4,755 | 5,457 | 5,688 | 6,208 | 6,311 | 6,329 | 6,392 | 6,412 | 6,418 | 6,378 | 6,423 | 6,314 | 6,272 |
Current Assets | -12.7% | 738 | 845 | 914 | 970 | 1,073 | 1,034 | 1,014 | 1,006 | 990 | 950 | 885 | 847 | 759 | 806 | 651 | 544 |
Cash Equivalents | -28.1% | 200 | 278 | 160 | 174 | 228 | 249 | 261 | 269 | 275 | 260 | 215 | 198 | 105 | 253 | 161 | 87.00 |
Goodwill | 0.3% | 1,452 | 1,448 | 1,618 | 1,615 | 2,155 | 2,271 | 2,694 | 2,709 | 2,707 | 2,760 | 2,766 | 2,764 | 2,761 | 2,741 | 2,733 | 2,746 |
Liabilities | -4.8% | 4,251 | 4,463 | 4,633 | 4,730 | 4,827 | 4,872 | 4,910 | 4,967 | 5,001 | 5,021 | 5,030 | 5,043 | 4,994 | 5,032 | 5,545 | 5,374 |
Current Liabilities | -3.1% | 800 | 825 | 776 | 791 | 857 | 826 | 823 | 818 | 837 | 846 | 789 | 758 | 742 | 680 | 674 | 672 |
Long Term Debt | -100.0% | - | 3,012 | 3,174 | 3,269 | 3,295 | 3,299 | 3,303 | 3,307 | 3,311 | 3,315 | 3,319 | 3,369 | 3,319 | 3,392 | 3,903 | 3,844 |
LT Debt, Current | -51.5% | 23.00 | 47.00 | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 | 27.00 | 43.00 | 29.00 | 29.00 | 29.00 |
LT Debt, Non Current | -5.7% | 2,840 | 3,012 | 3,174 | 3,269 | 3,295 | 3,299 | 3,303 | 3,307 | 3,311 | 3,315 | 3,319 | 3,369 | 3,319 | 3,392 | 3,903 | 3,844 |
Shareholder's Equity | -Infinity% | -154 | - | 32.00 | 24.00 | 630 | 816 | 1,298 | 1,344 | 1,327 | 1,371 | 1,383 | 1,375 | 1,384 | 1,392 | 769 | 899 |
Retained Earnings | 1.0% | -2,824 | -2,852 | -2,625 | -2,598 | -1,986 | -1,772 | -1,260 | -1,220 | -1,181 | -1,098 | -1,063 | -1,027 | -963 | -899 | -798 | -717 |
Additional Paid-In Capital | 0.6% | 2,638 | 2,623 | 2,607 | 2,588 | 2,573 | 2,562 | 2,543 | 2,518 | 2,500 | 2,472 | 2,445 | 2,403 | 2,364 | 2,327 | 1,619 | 1,603 |
Shares Outstanding | 0.5% | 217 | 216 | 216 | 215 | 213 | 211 | 210 | 211 | 211 | 207 | 208 | 205 | - | - | - | - |
Cashflow (Quarterly) | |||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2018Q4 |
Cashflow From Operations | -72.9% | 72.00 | 267 | 38.00 | -1.90 | 28.00 | 71.00 | 84.00 | 65.00 | 60.00 | 102 | 106 | 103 | -16.00 | 34.00 | 74.00 | 25.00 | 101 | 79.00 | - | - |
Share Based Compensation | -21.5% | 14.00 | 17.00 | 20.00 | 15.00 | 10.00 | 19.00 | 23.00 | 17.00 | 19.00 | 19.00 | 20.00 | 17.00 | 18.00 | 40.00 | 9.00 | 8.00 | 7.00 | 11.00 | - | - |
Cashflow From Investing | -23.0% | -33.70 | -27.40 | -23.20 | -11.70 | -14.40 | -32.90 | -24.70 | -25.90 | -16.80 | -20.50 | -27.40 | -4.30 | -36.20 | -29.40 | -30.40 | -32.40 | -254 | -39.00 | - | - |
Cashflow From Financing | -0.7% | -121 | -120 | -29.50 | -41.30 | -38.20 | -44.40 | -63.60 | -40.80 | -30.60 | -34.80 | -62.30 | -4.50 | -98.60 | 85.00 | -7.30 | 51.00 | 44.00 | -23.60 | - | - |
Buy Backs | - | - | - | - | - | - | - | 27.00 | 4.00 | - | - | - | - | - | - | - | - | - | 0.00 | 2.00 | - |
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Statement of Comprehensive Income [Abstract] | |||
Revenue | $ 2,957.1 | $ 3,122.3 | $ 3,009.5 |
Cost of revenue | (2,328.3) | (2,265.4) | (2,072.7) |
Gross profit | 628.8 | 856.9 | 936.8 |
Selling, general and administrative expenses | (767.2) | (855.3) | (906.8) |
Impairment of goodwill | (708.8) | (534.5) | (52.4) |
Impairment of assets, net | (52.2) | (146.1) | 0.0 |
Gain on sale of land | 0.0 | 0.0 | 19.9 |
Loss from operations | (899.4) | (679.0) | (2.5) |
Other income (expense): | |||
Interest expense | (221.6) | (208.5) | (205.1) |
Gain (loss) on investments, net | 0.3 | (0.2) | (3.0) |
Debt modification costs and gain (loss) on debt extinguishment | 271.3 | 0.0 | (37.5) |
Other expense, net | (5.0) | (10.0) | (1.0) |
Total other income (expense) | 45.0 | (218.7) | (246.6) |
Loss before income taxes | (854.4) | (897.7) | (249.1) |
Benefit for income taxes | 16.6 | 92.9 | 30.8 |
Net loss | (837.8) | (804.8) | (218.3) |
Other comprehensive income (loss), net of tax | |||
Foreign currency translation adjustments | 8.0 | (27.2) | (3.6) |
Unrealized gain on derivative contracts | 10.8 | 86.9 | 11.5 |
Amount reclassified from accumulated other comprehensive income (loss) to earnings | (29.9) | 4.8 | 17.6 |
Other comprehensive income (loss) | (11.1) | 64.5 | 25.5 |
Comprehensive loss | $ (848.9) | $ (740.3) | $ (192.8) |
Net loss per share: | |||
Basic (in dollars per share) | $ (3.89) | $ (3.81) | $ (1.05) |
Diluted (in dollars per share) | $ (3.89) | $ (3.81) | $ (1.05) |
Weighted average number of shares outstanding: | |||
Basic (in shares) | 215.3 | 211.2 | 208.0 |
Diluted (in shares) | 215.3 | 211.2 | 208.0 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 196.8 | $ 228.4 |
Accounts receivable, net of allowance for credit losses and accrued customer credits of $24.6 and $20.1, respectively | 339.7 | 622.2 |
Prepaid expenses | 87.4 | 97.3 |
Other current assets | 114.2 | 125.3 |
Total current assets | 738.1 | 1,073.2 |
Property, equipment and software, net | 608.8 | 628.3 |
Goodwill, net | 1,452.4 | 2,155.1 |
Intangible assets, net | 1,019.0 | 1,236.0 |
Operating right-of-use assets | 126.3 | 138.0 |
Other non-current assets | 151.6 | 226.1 |
Total assets | 4,096.2 | 5,456.7 |
Current liabilities: | ||
Accounts payable and accrued expenses | 432.7 | 447.3 |
Accrued compensation and benefits | 72.2 | 95.3 |
Deferred revenue | 78.8 | 80.9 |
Debt | 23.0 | 23.0 |
Accrued interest | 20.5 | 36.3 |
Operating lease liabilities | 66.0 | 60.0 |
Finance lease liabilities | 55.8 | 61.7 |
Financing obligations | 14.0 | 16.7 |
Other current liabilities | 36.5 | 35.3 |
Total current liabilities | 799.5 | 856.5 |
Non-current liabilities: | ||
Debt | 2,839.6 | 3,295.4 |
Operating lease liabilities | 74.6 | 84.8 |
Finance lease liabilities | 308.0 | 310.5 |
Financing obligations | 52.4 | 47.6 |
Deferred income taxes | 79.2 | 126.7 |
Other non-current liabilities | 97.4 | 105.7 |
Total liabilities | 4,250.7 | 4,827.2 |
Commitments and Contingencies (Note 10) | ||
Stockholders' equity (deficit): | ||
Preferred stock, $0.01 par value per share: 5.0 shares authorized; no shares issued or outstanding | 0.0 | 0.0 |
Common stock, $0.01 par value per share: 1,495.0 shares authorized; 215.7 and 220.5 shares issued; 212.6 and 217.4 shares outstanding, respectively | 2.2 | 2.2 |
Additional paid-in capital | 2,638.2 | 2,573.3 |
Accumulated other comprehensive income | 60.3 | 71.4 |
Accumulated deficit | (2,824.2) | (1,986.4) |
Treasury stock, at cost; 3.1 shares held | (31.0) | (31.0) |
Total stockholders' equity (deficit) | (154.5) | 629.5 |
Total liabilities and stockholders' equity (deficit) | $ 4,096.2 | $ 5,456.7 |
 | Mr. Amar Maletira |
---|---|
 | rackspace.com |
 | Software - Infra |
 | 6800 |