Rackspace Technology (RXT) Competitors

$1.97
+0.01 (+0.51%)
(As of 05/10/2024 ET)

RXT vs. NEXN, TRMR, TINV, ADTH, DADA, LGCL, DSP, OB, CDLX, and SST

Should you be buying Rackspace Technology stock or one of its competitors? The main competitors of Rackspace Technology include Nexxen International (NEXN), Tremor International (TRMR), Tiga Acquisition (TINV), AdTheorent (ADTH), Dada Nexus (DADA), Lucas GC (LGCL), Viant Technology (DSP), Outbrain (OB), Cardlytics (CDLX), and System1 (SST). These companies are all part of the "computer programming, data processing, & other computer related" industry.

Rackspace Technology vs.

Rackspace Technology (NASDAQ:RXT) and Nexxen International (NASDAQ:NEXN) are both small-cap business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, analyst recommendations, risk, valuation, community ranking and media sentiment.

Rackspace Technology currently has a consensus price target of $2.31, suggesting a potential upside of 17.32%. Nexxen International has a consensus price target of $7.75, suggesting a potential upside of 34.78%. Given Nexxen International's stronger consensus rating and higher probable upside, analysts clearly believe Nexxen International is more favorable than Rackspace Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Rackspace Technology
2 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00
Nexxen International
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

Nexxen International has a net margin of -6.47% compared to Rackspace Technology's net margin of -28.33%. Nexxen International's return on equity of 2.94% beat Rackspace Technology's return on equity.

Company Net Margins Return on Equity Return on Assets
Rackspace Technology-28.33% -10.18% -0.74%
Nexxen International -6.47%2.94%1.80%

Nexxen International has lower revenue, but higher earnings than Rackspace Technology. Nexxen International is trading at a lower price-to-earnings ratio than Rackspace Technology, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Rackspace Technology$2.96B0.15-$837.80M-$3.92-0.50
Nexxen International$331.99M1.21-$21.49M-$0.15-38.33

Rackspace Technology has a beta of 1.83, indicating that its stock price is 83% more volatile than the S&P 500. Comparatively, Nexxen International has a beta of 1.81, indicating that its stock price is 81% more volatile than the S&P 500.

In the previous week, Rackspace Technology had 9 more articles in the media than Nexxen International. MarketBeat recorded 14 mentions for Rackspace Technology and 5 mentions for Nexxen International. Rackspace Technology's average media sentiment score of 0.49 beat Nexxen International's score of 0.36 indicating that Rackspace Technology is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Rackspace Technology
1 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Nexxen International
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

82.5% of Rackspace Technology shares are owned by institutional investors. Comparatively, 54.2% of Nexxen International shares are owned by institutional investors. 1.0% of Rackspace Technology shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Rackspace Technology received 42 more outperform votes than Nexxen International when rated by MarketBeat users. However, 80.00% of users gave Nexxen International an outperform vote while only 46.94% of users gave Rackspace Technology an outperform vote.

CompanyUnderperformOutperform
Rackspace TechnologyOutperform Votes
46
46.94%
Underperform Votes
52
53.06%
Nexxen InternationalOutperform Votes
4
80.00%
Underperform Votes
1
20.00%

Summary

Nexxen International beats Rackspace Technology on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RXT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RXT vs. The Competition

MetricRackspace TechnologyComputer & Data IndustryBusiness SectorNASDAQ Exchange
Market Cap$440.55M$72.96B$6.74B$7.79B
Dividend YieldN/A0.67%2.87%3.91%
P/E Ratio-0.5060.2637.5317.73
Price / Sales0.1533.26979.8575.94
Price / Cash0.3828.9128.2335.71
Price / Book-2.774.134.884.38
Net Income-$837.80M$2.47B$117.71M$217.54M
7 Day Performance7.95%-1.35%0.44%-0.14%
1 Month Performance16.57%-1.09%-1.62%-1.62%
1 Year Performance77.48%12.85%7.43%8.90%

Rackspace Technology Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NEXN
Nexxen International
3.5427 of 5 stars
$5.41
-6.4%
$7.75
+43.3%
N/A$377.83M$331.99M-36.071,087Short Interest ↓
Gap Up
TRMR
Tremor International
1.8106 of 5 stars
$5.41
-6.4%
$7.30
+34.9%
+3.8%$392.86M$343.77M-38.641,087Gap Up
TINV
Tiga Acquisition
0 of 5 stars
$9.79
-1.3%
N/A+60.2%$337.76MN/A0.00N/A
ADTH
AdTheorent
2.7721 of 5 stars
$3.26
+0.9%
$4.69
+43.8%
+148.2%$296.33M$170.81M-326.00301Short Interest ↓
Gap Up
DADA
Dada Nexus
3.5611 of 5 stars
$2.03
-3.3%
$4.85
+139.1%
-71.6%$531.88M$1.49B-1.552,376Short Interest ↓
News Coverage
LGCL
Lucas GC
0 of 5 stars
$2.80
+5.7%
N/AN/A$222.77MN/A0.00245Positive News
High Trading Volume
DSP
Viant Technology
1.7645 of 5 stars
$8.79
+4.0%
$10.83
+23.2%
+85.5%$552.28M$222.93M-38.22333Gap Up
High Trading Volume
OB
Outbrain
2.502 of 5 stars
$4.05
-2.6%
$6.40
+58.0%
+18.7%$198.69M$935.82M21.32942Earnings Report
Analyst Forecast
Analyst Revision
News Coverage
CDLX
Cardlytics
3.7699 of 5 stars
$12.25
-5.4%
$15.50
+26.5%
+47.8%$590.08M$309.20M-3.54434Analyst Forecast
Options Volume
News Coverage
SST
System1
2.7473 of 5 stars
$1.71
-7.1%
$4.67
+172.9%
-46.7%$153.25M$401.97M-0.69300Earnings Report
Short Interest ↑
News Coverage

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This page (NASDAQ:RXT) was last updated on 5/12/2024 by MarketBeat.com Staff

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