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What this means: InvestorsObserver gives Rackspace Technology Inc (RXT) an overall rank of 35, which is below average. The company report on October 8, 2020 that Rackspace Technology helps Relay42 deliver up to 500,000 customer data events per second. 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. Ramin Talaie/Corbis/Getty Images. 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. Earnings results for Rackspace Technology (NASDAQ:RXT) Rackspace Technology, Inc. is expected* to report earnings on 11/10/2020 after market close. 11:37 AM ET. How U.S. News' Top 10 Stocks for 2020 Performed John Divine | Jan. 7, 2021 It was a volatile year on Wall Street, but our 2020 picks managed to outperform. ; The stock … See Rackspace Technology, Inc. (RXT) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. NasdaqGS:RXT Earnings Per Share Growth December 10th 2020. Events. Nonetheless, 2019 marked a comeback. ... 2020, was $123.2 million. Revenuesreflect Multicloud Services increase of 16% to $1.57B, Apps& Cross Platform increase of 3% to $245.3M. The following RXT technical analysis is based on short term price movement and trend analysis. This represents a forecast CAGR of 14.9% from 2020 to 2027. The company has a trailing 12-month PE ratio of 0. 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%. The analysis is useful for short term traders who trade stocks with technical anlaysis. 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. Rackspace stock rallies on report of Amazon interest in stake 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. Rackspace Technology, Inc. RXT was a big mover last session, as the company saw its shares rise nearly 10% on the day. 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. Nasdaq books record close, Dow ends lower as Wall Street investors await fresh spark MarketWatch. For example, management started 2020 by predicting its defense business (Raytheon Intelligence & Space, or RIS, and Raytheon Missiles & Defense, … Wells Fargo's stock has plummeted 56% this year, including a 19% loss this month alone. Find out now with a free analysis on Rackspace Technology. What this means: InvestorsObserver gives Rackspace Technology Inc (RXT) an overall rank of 50, which is below average. Amid volatility in 2020, it sells for just over $15 per share. IPO Details. RXT Stock Analysis - [Full Report] Free Signup: Advanced stock screener. 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 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. Get the latest Rackspace earnings report, revenues as well as upcoming RXT earnings dates, historical financial reports, news, analysis & more. Scan for strong stocks. Nonetheless, its future may look brighter if analyst estimates prove correct. Stock quote and company snapshot for RACKSPACE TECHNOLOGY INC (RXT), including profile, stock chart, recent news and events, analyst opinions, and research reports. FINANCIAL BRIEF:: For the nine months ended 30 September 2020,Rackspace Technology, Inc. revenues increased 10% to$1.99B.Net loss increased from $55.5M to $182M. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. 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 GlobeNewsWire - 1 month ago. Should I buy or sell RXT? This represents a forecast CAGR of 14.9% from 2020 to 2027. This represents a forecast CAGR of 14.9% from 2020 to 2027. RXT is down -0.25% on 12/28/20 and has lost a total of -0.65% in the past 2 days. RXT Stock Forecast - Is RXT a buy or sell? RXT Stock Analysis Overview . RXT Technical Analysis. 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 stock’s volatility for the past week remained at 4.73%, while it was 4.38% for the past 30-day period. SWCH data by YCharts. Current price change has pushed the stock +21.23% YTD, which shows the potential for further growth is … The report will be for the fiscal Quarter ending Sep 2020. Nov. 10. RTX | Complete Raytheon Technologies Corp. stock news by MarketWatch. 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. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.47 Million shares traded. It is based on a 60-month historical regression of the return on the stock onto the return on the S&P 500. In terms of its 52-week price range, RXT has a high of $22.75 and a low of $15.25. View real-time stock prices and stock quotes for a full financial overview. Never miss a profitable trade. Monday, August 17, 2020. The average 12-month stock price forecast for RXT is 25.75, which is an increase of 30.78% from the … RXT has fallen -$0.27 from the previous closing price of $17.70 on volume of 0.83 million shares. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.18. ... 2020, was $123.2 million. Rackspace Technology Inc. starts 2021 as a different company than the one that started 2020. 04:54 PM ET. Aug. 17, 2020, 01:45 PM Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images Rackspace soared 19% on Monday after a … Learn about RXT (XNAS) with our data and independent analysis including price, star rating, valuation, dividends, and financials. The 3-month trading volume is 2.2 Million shares. 60-Month Beta: Coefficient that measures the volatility of a stock's returns relative to the market (S&P 500). 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. Next Steps Explore more healthy companies in the Software industry. Amazon in talks to invest in cloud-services company Rackspace: report MarketWatch. 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. ... Worldwide Application Management Services on the Cloud 2020 Vendor Assessment. 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 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 … RXT Stock Analysis Overview . Wells Fargo closed at $22.53 on Tuesday, its weakest finish since June 2009, long … The move came on solid … RXT plans to sell 33.5 million shares of common stock at … 12:49 PM ET. Rackspace Technology, Inc. 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