Rackspace Technology's (RXT) CEO Kevin Jones On Q3 2020 Results - Quick Version Earnings Call Transcript. SAN ANTONIO, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (NASDAQ: RXT) (the “Company”), a leading end-to-end multicloud technology solutions company, today announced the final results for its previously announced tender offer (the “Tender Offer”) to … In the latest quarter, revenue … RTX | Complete Raytheon Technologies Corp. stock news by MarketWatch. RXT Stock Analysis - [Full Report] Free Signup: Advanced stock screener. Scan for strong stocks. Monday, August 17, 2020. Find out now with a free analysis on Rackspace Technology. The company report on October 8, 2020 that Rackspace Technology helps Relay42 deliver up to 500,000 customer data events per second. 12:49 PM ET. The 3-month trading volume is 2.2 Million shares. ; The stock … Rackspace Technology Inc. starts 2021 as a different company than the one that started 2020. RXT plans to sell 33.5 million shares of common stock at … Stock quote and company snapshot for RACKSPACE TECHNOLOGY INC (RXT), including profile, stock chart, recent news and events, analyst opinions, and research reports. Rackspace Technology, Inc. (RXT) estimates and forecasts Never miss a profitable trade. ... Worldwide Application Management Services on the Cloud 2020 Vendor Assessment. It is based on a 60-month historical regression of the return on the stock onto the return on the S&P 500. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. The data shows that as of November 29, 2020 short interest in Rackspace Technology, Inc. (RXT) stood at 4.1% of shares outstanding, with shares short rising to 6.59 Million registered in October. The RXT stock price is -41.66% off its 52-week high price of $22.75 and 5.04% above the 52-week low of $15.25. Looking at the stock we see that its previous close was $20.07 and the beta (5Y monthly) reads 0 with the day’s price range being $19.75 – 21.15. 04:54 PM ET. Rackspace News: RXT Stock Jumping 12% on Amazon Rumors William White 8/17/2020 US coroanvirus: Hospitalizations and Covid-19 cases soar as country enters one of the busiest travel weeks of the year Nonetheless, 2019 marked a comeback. ... 2020, was $123.2 million. The analysis is useful for short term traders who trade stocks with technical anlaysis. Nasdaq books record close, Dow ends lower as Wall Street investors await fresh spark MarketWatch. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.47 Million shares traded. RXT Stock Analysis Overview . ... 2020, was $123.2 million. Rackspace Technology Inc is in the bottom half of stocks based on the fundamental outlook for the stock and an analysis of the stock's chart. Rackspace Technology, Inc. RXT was a big mover last session, as the company saw its shares rise nearly 10% on the day. Goldman Sachs expects the S&P 500 to close the year 2% higher, but not before enduring an 18% plunge over the next three months. Wells Fargo closed at $22.53 on Tuesday, its weakest finish since June 2009, long … This represents a forecast CAGR of 14.9% from 2020 to 2027. What this means: InvestorsObserver gives Rackspace Technology Inc (RXT) an overall rank of 35, which is below average. NasdaqGS:RXT Earnings Per Share Growth December 10th 2020. RXT Stock Forecast - Is RXT a buy or sell? Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). This represents a forecast CAGR of 14.9% from 2020 to 2027. See Rackspace Technology, Inc. (RXT) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. Revenuesreflect Multicloud Services increase of 16% to $1.57B, Apps& Cross Platform increase of 3% to $245.3M. RXT is down -0.25% on 12/28/20 and has lost a total of -0.65% in the past 2 days. Forecast Cash Runway: RXT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.1% per year. The following RXT technical analysis is based on short term price movement and trend analysis. Aug. 17, 2020, 01:45 PM Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images Rackspace soared 19% on Monday after a … Next Steps Explore more healthy companies in the Software industry. Next reporting date: January 26, 2021: EPS forecast (this quarter) $0.71: Annual revenue (last year) $77.1B: Annual profit (last year) $5.5B: Net profit margin Amazon in talks to invest in cloud-services company Rackspace: report MarketWatch. Rackspace Technology Inc is in the bottom half of stocks based on the fundamental outlook for the stock and an analysis of the stock's chart. In terms of its 52-week price range, RXT has a high of $22.75 and a low of $15.25. Nov. 10. View real-time stock prices and stock quotes for a full financial overview. For example, management started 2020 by predicting its defense business (Raytheon Intelligence & Space, or RIS, and Raytheon Missiles & Defense, … Nonetheless, its future may look brighter if analyst estimates prove correct. RXT Stock Analysis Overview . RXT has fallen -$0.27 from the previous closing price of $17.70 on volume of 0.83 million shares. The company has a trailing 12-month PE ratio of 0. Learn about RXT (XNAS) with our data and independent analysis including price, star rating, valuation, dividends, and financials. What this means: InvestorsObserver gives Rackspace Technology Inc (RXT) an overall rank of 50, which is below average. Should I buy or sell RXT? Wells Fargo's stock has plummeted 56% this year, including a 19% loss this month alone. Current price change has pushed the stock +21.23% YTD, which shows the potential for further growth is … SWCH data by YCharts. This represents a forecast CAGR of 14.9% from 2020 to 2027. Rackspace Technology Inc. [NASDAQ: RXT] stock went on a downward path that fall over -2.78% on Tuesday, amounting to a one-week price decrease of less than -6.90%. Earnings results for Rackspace Technology (NASDAQ:RXT) Rackspace Technology, Inc. is expected* to report earnings on 11/10/2020 after market close. Events. 60-Month Beta: Coefficient that measures the volatility of a stock's returns relative to the market (S&P 500). Ramin Talaie/Corbis/Getty Images. 11:37 AM ET. RXT Technical Analysis. Rackspace stock rallies on report of Amazon interest in stake MarketWatch. The average 12-month stock price forecast for RXT is 25.75, which is an increase of 30.78% from the … GlobeNewsWire - 1 month ago. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.18. Rapid Therapeutic Science Laboratories Stock Chart and Share Price Forecast, Short-Term "RTSL" Stock Prediction for Next Days and Weeks Walletinvestor.com Rapid Therapeutic Science Laboratories, Inc (RTSL) Forecast Chart, Long-Term Predictions for Next Months and Year: 2020, 2021 IPO Details. Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Amid volatility in 2020, it sells for just over $15 per share. The report will be for the fiscal Quarter ending Sep 2020. We're not going to go through company-specific developments for Rackspace Technology given that this is a high-level summary, however, take into account that generally a high forecast growth rate is not unusual for a company that is currently undergoing an investment period. 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