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
$2.621 Year Return
Current Value
$2.621 Year Return
Key Details
Market Cap
$564.37M
P/E Ratio
-0.71
1Y Stock Return
82.35%
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 % |
|---|---|---|---|---|
| KALU | 44.15% | $1.33B | +41.69% | 3.70% |
| ICHR | 43.52% | $1.19B | +36.58% | 0.00% |
| VICR | 41.53% | $2.52B | +48.22% | 0.00% |
| TRST | 40.92% | $693.88M | +28.88% | 2.96% |
| TY | 40.80% | - | - | 3.22% |
| AI | 40.58% | $4.67B | +22.30% | 0.00% |
| NVEE | 40.35% | $1.39B | -16.02% | 0.00% |
| SQM | 39.83% | $5.59B | -20.09% | 1.84% |
| PDFS | 39.41% | $1.22B | +3.61% | 0.00% |
| UCTT | 39.22% | $1.77B | +42.04% | 0.00% |
| CCO | 38.82% | $762.96M | +4.00% | 0.00% |
| HAFC | 38.65% | $773.33M | +44.61% | 3.93% |
| ACCO | 38.53% | $569.36M | +16.10% | 4.85% |
| HTBK | 38.31% | $641.85M | +16.72% | 4.98% |
| BIGC | 38.25% | $579.23M | -20.02% | 0.00% |
| PATH | 37.37% | $7.91B | -41.71% | 0.00% |
| KRNT | 37.27% | $1.50B | +71.62% | 0.00% |
| PLL | 36.81% | $235.58M | -48.60% | 0.00% |
| MEG | 36.54% | $641.42M | -39.76% | 0.00% |
| GCO | 36.25% | $414.42M | +24.39% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HUM | -0.01% | $35.06B | -41.81% | 1.22% |
| AZO | 0.02% | $53.92B | +19.41% | 0.00% |
| IRWD | -0.06% | $566.50M | -65.80% | 0.00% |
| TCTM | -0.11% | $7.90M | -30.18% | 0.00% |
| RSG | 0.15% | $67.26B | +33.03% | 1.02% |
| AON | 0.22% | $83.38B | +19.65% | 0.69% |
| CAG | -0.25% | $13.23B | -3.65% | 5.13% |
| MIST | -0.27% | $99.19M | -42.41% | 0.00% |
| WM | 0.27% | $90.31B | +30.01% | 1.00% |
| ELV | 0.36% | $94.64B | -15.35% | 1.56% |
| CNC | 0.37% | $29.99B | -20.80% | 0.00% |
| SAVA | -0.39% | $161.17M | -84.27% | 0.00% |
| UNH | -0.39% | $556.98B | +9.99% | 0.99% |
| APRE | -0.39% | $16.96M | -15.68% | 0.00% |
| KRRO | -0.43% | $445.09M | -17.73% | 0.00% |
| MNOV | 0.49% | $112.81M | +32.18% | 0.00% |
| PRPO | -0.54% | $8.75M | -7.66% | 0.00% |
| WHLM | 0.60% | $20.27M | -16.83% | 0.00% |
| KMB | 0.70% | $45.62B | +12.65% | 3.57% |
| KDP | 0.73% | $43.92B | +1.09% | 2.71% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PGR | -18.12% | $153.84B | +60.59% | 0.44% |
| CBOE | -17.07% | $22.21B | +16.58% | 1.12% |
| MCK | -15.38% | $78.44B | +34.11% | 0.43% |
| GIS | -14.49% | $36.77B | +2.67% | 3.64% |
| ACGL | -11.65% | $37.45B | +27.88% | 0.00% |
| PEP | -10.86% | $221.85B | -3.72% | 2.48% |
| UTZ | -10.16% | $1.42B | +28.47% | 1.37% |
| HUSA | -9.52% | $17.27M | -24.57% | 0.00% |
| PG | -9.37% | $413.12B | +19.53% | 2.28% |
| RNR | -9.33% | $14.90B | +37.54% | 0.54% |
| CHD | -9.12% | $26.94B | +17.62% | 1.04% |
| MOH | -8.64% | $17.84B | -15.01% | 0.00% |
| LTM | -8.60% | $8.23B | -100.00% | <0.01% |
| ALL | -7.95% | $53.86B | +46.67% | 1.81% |
| KLG | -7.14% | $1.79B | +83.41% | 3.12% |
| POST | -6.93% | $7.00B | +36.99% | 0.00% |
| COR | -6.70% | $48.33B | +22.74% | 0.83% |
| CL | -6.64% | $77.30B | +21.79% | 2.11% |
| RYAN | -6.40% | $9.30B | +65.58% | 0.59% |
| GILD | -6.33% | $115.27B | +17.05% | 3.32% |
ETF's related to RXT
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| RSPA | 51.91% | $278.68M | 0% |
| ROBT | 51.69% | $460.08M | 0.65% |
| QQA | 51.59% | $140.88M | 0% |
| XT | 51.57% | $3.49B | 0.46% |
| ROBO | 51.54% | $1.07B | 0.95% |
| XJH | 51.47% | $261.04M | 0.12% |
| MDYV | 51.45% | $3.99B | 0.15% |
| RZV | 50.63% | $270.42M | 0.35% |
| VTWO | 50.52% | $13.16B | 0.1% |
| VIOV | 50.50% | $1.52B | 0.15% |
| IWN | 50.39% | $13.94B | 0.24% |
| DRIV | 50.35% | $411.22M | 0.68% |
| SMLF | 50.35% | $1.52B | 0.15% |
| SCHM | 50.33% | $12.12B | 0.04% |
| VB | 50.19% | $67.52B | 0.05% |
| IJS | 50.14% | $7.69B | 0.18% |
| ARKQ | 50.10% | $947.66M | 0.75% |
| DFAW | 50.02% | $546.31M | 0.25% |
| SPSM | 49.95% | $13.34B | 0.03% |
| SLYV | 49.93% | $4.31B | 0.15% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -40.41% | $365.42M | 1.43% |
| VIXY | -36.92% | $195.31M | 0.85% |
| TAIL | -25.75% | $68.19M | 0.59% |
| USDU | -25.20% | $210.52M | 0.5% |
| UUP | -22.72% | $376.91M | 0.77% |
| CLOI | -14.86% | $749.05M | 0.4% |
| CTA | -7.73% | $367.83M | 0.76% |
| EQLS | -6.93% | $8.93M | 1% |
| XBIL | -5.89% | $633.44M | 0.15% |
| IBHD | -5.89% | $320.14M | 0.35% |
| KMLM | -5.67% | $344.74M | 0.9% |
| SHYD | -5.59% | $312.98M | 0.35% |
| CORN | -4.77% | $59.94M | 0.2% |
| AGZD | -4.69% | $132.76M | 0.23% |
| DBA | -3.23% | $787.55M | 0.93% |
| TBIL | -2.73% | $4.42B | 0.15% |
| UNG | -1.81% | $856.92M | 1.06% |
| BSCO | -1.43% | $2.27B | 0.1% |
| HIGH | -1.38% | $302.94M | 0.52% |
| JBBB | -0.57% | $1.35B | 0.49% |
News
Yahoo
Rackspace (RXT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Yahoo
We recently published a list of 8 Cloud Computing Stocks Under $10. In this article, we are going to take a look at where Rackspace Technology, Inc. (NASDAQ:RXT) stands against other cloud computing stocks under $10. As per Nasscom Community, the cloud computing market saw a staggering growth in 2024, touching $1.2 trillion. This market […]
Yahoo
Amar Maletira, Chief Executive Officer, to Participate in a Fireside ChatSAN ANTONIO, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced that Amar Maletira, Rackspace Chief Executive Officer, and Mark Marino Rackspace Chief Financial Officer will participate in fireside chat with speaking on Wednesday, December 4, 2024, at 10:55 AM - 11:25 AM MT. To listen to the live webcast or access th
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.
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.