Rackspace Technology Stock Net Income
| RXT Stock | USD 1.24 0.02 1.59% |
Rackspace Technology's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Rackspace Stock price.
| Last Reported | Projected for Next Year | ||
| Net Loss | -858.2 M | -815.3 M | |
| Net Loss | -724.3 M | -688.1 M | |
| Net Loss | -858.2 M | -815.3 M | |
| Net Loss | (3.82) | (4.01) | |
| Net Income Per E B T | 0.97 | 0.65 |
Rackspace | Net Income | Build AI portfolio with Rackspace Stock |
Rackspace Technology Company Net Income Analysis
Rackspace Technology's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Rackspace Technology Net Income | (858.2 M) |
Most of Rackspace Technology's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rackspace Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Rackspace Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Rackspace Technology is extremely important. It helps to project a fair market value of Rackspace Stock properly, considering its historical fundamentals such as Net Income. Since Rackspace Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Rackspace Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Rackspace Technology's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Rackspace Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Rackspace Technology reported net income of (858.2 Million). This is 259.22% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The net income for all United States stocks is significantly higher than that of the company.
Rackspace Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rackspace Technology's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rackspace Technology could also be used in its relative valuation, which is a method of valuing Rackspace Technology by comparing valuation metrics of similar companies.Rackspace Technology is currently under evaluation in net income category among its peers.
Rackspace Technology Institutional Holders
Institutional Holdings refers to the ownership stake in Rackspace Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Rackspace Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Rackspace Technology's value.| Shares | Jpmorgan Chase & Co | 2024-12-31 | 837.1 K | Ubs Group Ag | 2024-12-31 | 831.7 K | Federated Hermes Inc | 2025-03-31 | 794.5 K | Citadel Advisors Llc | 2024-12-31 | 692.2 K | Goldman Sachs Group Inc | 2024-12-31 | 623.2 K | Amvescap Plc. | 2024-12-31 | 610.3 K | Charles Schwab Investment Management Inc | 2024-12-31 | 595.9 K | Northern Trust Corp | 2024-12-31 | 589.2 K | Millennium Management Llc | 2024-12-31 | 491 K | Apollo Management Holdings Lp | 2024-12-31 | 129.6 M | Mackenzie Investments | 2024-12-31 | 6.5 M |
Rackspace Fundamentals
| Return On Equity | -3.53 | ||||
| Return On Asset | -0.0189 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 3.46 B | ||||
| Shares Outstanding | 237.39 M | ||||
| Shares Owned By Insiders | 3.61 % | ||||
| Shares Owned By Institutions | 80.48 % | ||||
| Number Of Shares Shorted | 6 M | ||||
| Price To Book | 0.81 X | ||||
| Price To Sales | 0.11 X | ||||
| Revenue | 2.74 B | ||||
| Gross Profit | 546.9 M | ||||
| EBITDA | (362.9 M) | ||||
| Net Income | (858.2 M) | ||||
| Cash And Equivalents | 283.6 M | ||||
| Cash Per Share | 1.35 X | ||||
| Total Debt | 3.28 B | ||||
| Debt To Equity | 3.09 % | ||||
| Current Ratio | 1.23 X | ||||
| Book Value Per Share | (4.52) X | ||||
| Cash Flow From Operations | 39.9 M | ||||
| Short Ratio | 7.44 X | ||||
| Earnings Per Share | (1.22) X | ||||
| Price To Earnings To Growth | 3.86 X | ||||
| Target Price | 2.15 | ||||
| Number Of Employees | 5.1 K | ||||
| Beta | 2.15 | ||||
| Market Capitalization | 294.36 M | ||||
| Total Asset | 3.05 B | ||||
| Retained Earnings | (3.68 B) | ||||
| Working Capital | (147.8 M) | ||||
| Net Asset | 3.05 B |
About Rackspace Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rackspace Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rackspace Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rackspace Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.