RXT: Rackspace Technology, Inc.
About
Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The firm designs, builds and operates its customers’ cloud environments across technology platforms. It operates through the following segments: Multicloud Services and Apps & Cross Platform. The Multicloud Services segment includes public and private cloud managed services offerings, as well as professional services related to designing and building multicloud solutions and cloud-native applications. The Apps & Cross Platform segment includes managed applications, managed security and data services, as well as professional services related to designing and implementing application, security and data services. The company was founded on July 21, 2016 and is headquartered in San Antonio, TX.
Current Value
$2.331 Year Return
Current Value
$2.331 Year Return
Key Details
Market Cap
$539.34M
P/E Ratio
-0.68
1Y Stock Return
75.56%
1Y Revenue Growth
-8.37%
Dividend Yield
0.00%
Price to Book
-0.6
Strategies that include RXT
Stock's related to RXT
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ICHR | 44.53% | $1.03B | +18.32% | 0.00% |
| KALU | 44.15% | $1.29B | +34.50% | 3.84% |
| SQM | 41.72% | $5.59B | -23.75% | 1.85% |
| VICR | 41.53% | $2.40B | +39.81% | 0.00% |
| TRST | 40.92% | $691.41M | +34.26% | 3.98% |
| TY | 40.68% | - | - | 3.32% |
| AI | 40.58% | $4.19B | +15.61% | 0.00% |
| NVEE | 40.35% | $1.45B | -9.73% | 0.00% |
| UCTT | 40.20% | $1.60B | +35.62% | 0.00% |
| BIGC | 40.14% | $473.42M | -31.75% | 0.00% |
| PDFS | 40.09% | $1.17B | -2.56% | 0.00% |
| ACCO | 39.12% | $530.35M | +7.13% | 5.27% |
| CCO | 38.82% | $762.96M | +15.56% | 0.00% |
| HAFC | 38.65% | $767.29M | +55.13% | 3.93% |
| HTBK | 38.31% | $645.52M | +24.17% | 4.92% |
| MEG | 37.95% | $564.59M | -47.13% | 0.00% |
| KRNT | 37.27% | $1.48B | +73.34% | 0.00% |
| CLFD | 36.96% | $398.66M | +4.48% | 0.00% |
| PATH | 36.71% | $7.02B | -29.77% | 0.00% |
| CLDT | 36.46% | $425.53M | -12.03% | 3.24% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HUM | -0.01% | $33.45B | -45.22% | 1.25% |
| AZO | 0.02% | $52.52B | +16.10% | 0.00% |
| WHLM | -0.12% | $17.64M | -29.34% | 0.00% |
| ARC | -0.13% | $146.66M | +18.95% | 5.90% |
| RSG | 0.15% | $66.05B | +31.79% | 1.04% |
| AON | 0.22% | $82.00B | +16.33% | 0.70% |
| VSTA | -0.24% | $204.94M | -39.33% | 0.00% |
| CAG | -0.25% | $12.64B | -6.10% | 5.26% |
| WM | 0.27% | $87.92B | +27.58% | 1.34% |
| PRPH | 0.36% | $18.14M | -82.61% | 0.00% |
| ELV | 0.36% | $91.42B | -16.23% | 1.61% |
| CNC | 0.37% | $29.19B | -21.56% | 0.00% |
| UNH | -0.39% | $531.00B | +6.93% | 1.37% |
| TCTM | 0.42% | $8.10M | -42.99% | 0.00% |
| LFVN | 0.44% | $169.84M | +130.61% | 1.10% |
| XGN | 0.45% | $62.26M | +127.74% | 0.00% |
| APRE | -0.56% | $16.41M | -19.47% | 0.00% |
| MNOV | -0.64% | $93.19M | +2.15% | 0.00% |
| KMB | 0.70% | $45.22B | +11.57% | 3.58% |
| KDP | 0.73% | $42.76B | -1.22% | 2.77% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PGR | -18.12% | $149.10B | +57.29% | 0.45% |
| CBOE | -17.07% | $21.46B | +15.84% | 1.11% |
| MCK | -15.38% | $78.15B | +35.51% | 0.42% |
| GIS | -14.49% | $34.85B | -2.91% | 3.78% |
| ACGL | -11.65% | $36.00B | +16.84% | 0.00% |
| PEP | -10.86% | $215.02B | -6.60% | 3.35% |
| CYCN | -10.17% | $4.77M | -16.19% | 0.00% |
| PG | -9.37% | $402.15B | +14.14% | 2.33% |
| RNR | -9.33% | $13.74B | +23.09% | 0.58% |
| CHD | -9.12% | $27.18B | +19.50% | 1.03% |
| HUSA | -8.97% | $16.69M | -11.56% | 0.00% |
| MOH | -8.64% | $16.16B | -21.56% | 0.00% |
| LTM | -8.60% | $8.51B | -100.00% | <0.01% |
| ALL | -7.95% | $52.06B | +45.67% | 1.85% |
| UTZ | -7.62% | $1.37B | +26.87% | 1.41% |
| KLG | -7.14% | $1.48B | +45.15% | 3.71% |
| POST | -6.93% | $6.45B | +28.40% | 0.00% |
| CRIS | -6.84% | $32.09M | -55.52% | 0.00% |
| COR | -6.70% | $47.48B | +21.20% | 0.86% |
| CL | -6.64% | $76.48B | +22.25% | 2.12% |
ETF's related to RXT
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| RSPA | 51.91% | $272.59M | 0% |
| ROBT | 51.90% | $442.41M | 0.65% |
| ROBO | 51.81% | $1.05B | 0.95% |
| QQA | 51.59% | $134.59M | 0% |
| XJH | 51.47% | $248.96M | 0.12% |
| MDYV | 51.45% | $3.56B | 0.15% |
| XT | 51.41% | $3.39B | 0.46% |
| RZV | 50.63% | $256.35M | 0.35% |
| WTAI | 50.63% | $196.26M | 0.45% |
| ARKQ | 50.60% | $864.29M | 0.75% |
| VTWO | 50.52% | $12.48B | 0.1% |
| VIOV | 50.50% | $1.44B | 0.15% |
| IWN | 50.39% | $13.18B | 0.24% |
| SMLF | 50.35% | $1.44B | 0.15% |
| SCHM | 50.33% | $11.59B | 0.04% |
| VB | 50.19% | $64.04B | 0.05% |
| IJS | 50.14% | $7.37B | 0.18% |
| SPHB | 50.07% | $361.36M | 0.25% |
| SPSM | 49.95% | $12.72B | 0.03% |
| SLYV | 49.93% | $4.13B | 0.15% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BILZ | -0.05% | $563.02M | 0.14% |
| ULST | 0.28% | $535.64M | 0.2% |
| KRBN | -0.54% | $246.74M | 0.85% |
| JBBB | -0.57% | $1.26B | 0.49% |
| CANE | 0.68% | $18.13M | 0.29% |
| CCOR | 1.23% | $109.04M | 1.18% |
| HIGH | -1.38% | $300.71M | 0.51% |
| BSCO | -1.43% | $2.33B | 0.1% |
| UNG | -1.81% | $918.08M | 1.06% |
| IBDP | 2.29% | $2.10B | 0.1% |
| BOXX | 2.65% | $4.43B | 0.1949% |
| TBIL | -2.73% | $4.38B | 0.15% |
| SHYD | 2.75% | $311.72M | 0.35% |
| HDRO | 3.10% | $164.26M | 0.3% |
| DBA | -3.23% | $762.43M | 0.93% |
| MINT | 3.25% | $11.62B | 0.35% |
| IYK | 3.35% | $1.30B | 0.4% |
| XHLF | 3.36% | $876.41M | 0.03% |
| DFSD | 3.41% | $3.63B | 0.16% |
| WEAT | 4.19% | $122.51M | 0.28% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -41.49% | $378.68M | 1.43% |
| VIXY | -34.75% | $195.31M | 0.85% |
| USDU | -26.95% | $200.96M | 0.5% |
| UUP | -24.61% | $326.18M | 0.77% |
| TAIL | -23.97% | $67.98M | 0.59% |
| CLOI | -7.91% | $720.80M | 0.4% |
| CTA | -7.73% | $349.14M | 0.78% |
| EQLS | -6.93% | $17.58M | 1% |
| IBHD | -6.36% | $325.60M | 0.35% |
| KMLM | -5.67% | $349.74M | 0.9% |
| CORN | -5.65% | $61.56M | 0.2% |
| XBIL | -5.50% | $637.70M | 0.15% |
| AGZD | -4.85% | $142.79M | 0.23% |
| DBA | -3.23% | $762.43M | 0.93% |
| TBIL | -2.73% | $4.38B | 0.15% |
| UNG | -1.81% | $918.08M | 1.06% |
| BSCO | -1.43% | $2.33B | 0.1% |
| HIGH | -1.38% | $300.71M | 0.51% |
| JBBB | -0.57% | $1.26B | 0.49% |
| KRBN | -0.54% | $246.74M | 0.85% |
News
Yahoo
New offering integrates hybrid cloud information in a centralized location to improve observability, licensing efficiency, and security monitoring across workloadsSAN ANTONIO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services company, today announced the launch of Rackspace Technology Adaptive Cloud Manager, a proprietary solution built by leveraging Microsoft Azure Arc technology with Rackspace services automation to
Yahoo
Key Insights Significant control over Rackspace Technology by private equity firms implies that the general public has...
Yahoo
Rackspace (RXT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Yahoo
Robust design and migration demonstrate Rackspace’s Epic subject matter expertise, private cloud leadership, and innovation SAN ANTONIO, Tx., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services company, today announced the deployment of an Epic Electronic Health Record (EHR) system for AdventHealth on Rackspace’s Healthcare Cloud platform. This implementation is one of the largest Epic deployments for a US health system,
Yahoo
Leading digital transformation agency strengthens its position in the government services sector with Rackspace Sovereign Government Cloud collaborationLONDON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services company, today announced it is partnering with JBi Digital, a top-tier digital transformation agency to deepen the agency’s commitment to the UK government services sector. Leveraging Rackspace Sovereign Governme
Yahoo
Q3 2024 Rackspace Technology Inc Earnings Call
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.