Rackspace Hosting Company Profile (NYSE:RAX)

About Rackspace Hosting

Rackspace Hosting logoRackspace Hosting, Inc. (Rackspace) operates in the managed cloud segment of the business information technology (IT) market. The Company offers a portfolio of integrated IT solutions for common business needs. The Company offers services for certain applications, including e-commerce and Web content management sites, business-productivity applications, such as e-mail and collaboration, and data stores. The Company offers private, public and hybrid clouds in its approximately 10 data centers located on over four continents, in Microsoft Azure and Amazon Web Services data centers, as well as in customer-owned data centers. Its services include dedicated customer care and technical support, such as operating system patching, application monitoring, network and firewall configurations, and identity management. The Company has operations located in multiple cities across the United States, as well as in London, Amsterdam, Zurich, Hong Kong, Sydney and Mexico City.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Information Technology Services
  • Sub-Industry: Internet Software & Services
  • Exchange: NYSE
  • Symbol: RAX
  • CUSIP: 75008610
Key Metrics:
  • Previous Close: $31.56
  • 50 Day Moving Average: $30.34
  • 200 Day Moving Average: $24.68
  • 52-Week Range: $125,805,000.00 - $15.05
  • Trailing P/E Ratio: 27.78
  • Foreward P/E Ratio: 28.69
  • P/E Growth: 1.75
  • Market Cap: $3.97B
  • Outstanding Shares: 125,805,000
  • Beta: 1.59
Profitability:
  • Net Margins: 7.39%
  • Return on Equity: 16.80%
  • Return on Assets: 8.52%
Debt:
  • Debt-to-Equity Ratio: 0.51%
  • Current Ratio: 3.11%
  • Quick Ratio: 3.11%
Additional Links:
Companies Related to Rackspace Hosting:

Analyst Ratings

Consensus Ratings for Rackspace Hosting (NYSE:RAX) (?)
Ratings Breakdown: 2 Sell Ratings, 17 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.09)
Consensus Price Target: $28.91 (8.39% downside)

Analysts' Ratings History for Rackspace Hosting (NYSE:RAX)
Show:
DateFirmActionRatingPrice TargetDetails
8/30/2016Raymond James Financial Inc.DowngradeMarket Perform -> Underperform$32.00View Rating Details
8/29/2016Tigress FinancialDowngradeStrong-Buy -> NeutralView Rating Details
8/29/2016Jefferies GroupBoost Price TargetHold$23.00 -> $32.00View Rating Details
8/29/2016Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details
8/26/2016Cowen and CompanyDowngradeOutperform -> Market Perform$38.00 -> $32.00View Rating Details
8/26/2016Needham & Company LLCReiterated RatingHoldView Rating Details
8/26/2016William BlairDowngradeOutperform -> Market PerformView Rating Details
8/26/2016JMP SecuritiesDowngradeOutperform -> Market PerformView Rating Details
8/11/2016RBC Capital MarketsReiterated RatingOutperform$26.00 -> $33.00View Rating Details
8/10/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$30.00 -> $32.00View Rating Details
8/10/2016Royal Bank Of CanadaBoost Price TargetOutperform$26.00 -> $33.00View Rating Details
8/9/2016FBN SecuritiesBoost Price TargetSector Perform$21.00 -> $26.00View Rating Details
7/21/2016SunTrust Banks Inc.Initiated CoverageNeutral$25.00View Rating Details
5/10/2016Pacific CrestReiterated RatingHoldView Rating Details
5/10/2016Credit Suisse Group AGReiterated RatingNeutral$20.00View Rating Details
5/10/2016Morgan StanleyReiterated RatingEqual Weight$26.00View Rating Details
3/31/2016Credit Agricole SADowngradeUnderperform -> Sell$17.00View Rating Details
3/27/2016Bank of America Corp.Reiterated RatingBuyView Rating Details
2/17/2016JPMorgan Chase & Co.Lower Price TargetNeutral$34.00 -> $22.00View Rating Details
2/17/2016Goldman Sachs Group Inc.Lower Price TargetNeutral$24.00 -> $21.00View Rating Details
2/17/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details
2/17/2016Barclays PLCDowngradeOverweight -> Equal Weight$35.00 -> $21.00View Rating Details
11/10/2015Evercore ISIReiterated RatingHoldView Rating Details
8/11/2015Canaccord GenuityReiterated RatingHold$42.00 -> $38.00View Rating Details
8/11/2015KeyCorpLower Price TargetOverweight$58.00 -> $45.00View Rating Details
12/12/2014DA DavidsonDowngradeNeutral -> Underperform$40.00View Rating Details
11/24/2014StephensDowngradeOverweight -> Equal WeightView Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for Rackspace Hosting (NYSE:RAX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2016        
8/8/2016Q216$0.22$0.38$521.07 million$489.40 millionViewN/AView Earnings Details
5/9/2016Q116$0.22$0.34$519.08 million$518.00 millionViewN/AView Earnings Details
2/16/2016Q415$0.23$0.24$521.53 million$522.80 millionViewListenView Earnings Details
11/9/2015Q315$0.20$0.26$503.08 million$509.00 millionViewN/AView Earnings Details
8/10/2015Q215$0.20$0.20$490.54 million$489.00 millionViewListenView Earnings Details
5/11/2015Q115$0.20$0.20$481.00 million$480.20 millionViewListenView Earnings Details
2/17/2015Q414$0.19$0.14$474.50 million$408.10 millionViewN/AView Earnings Details
11/10/2014Q314$0.16$0.18$458.40 million$460.00 millionViewN/AView Earnings Details
8/11/2014Q214$0.16$0.16$437.00 million$441.10 millionViewN/AView Earnings Details
5/12/2014Q114$0.12$0.18$419.63 million$421.00 millionViewN/AView Earnings Details
2/10/2014Q413$0.14$0.14$404.56 million$408.00 millionViewN/AView Earnings Details
11/11/2013Q313$0.16$0.11$387.50 million$389.00 millionViewN/AView Earnings Details
8/8/2013Q2 2013$0.13$0.18$372.27 million$376.00 millionViewListenView Earnings Details
5/8/2013Q1 2013$0.20$0.19$367.20 million$362.20 millionViewListenView Earnings Details
2/12/2013Q4 2012$0.22$0.21$355.42 million$352.90 millionViewListenView Earnings Details
11/6/2012Q312$0.19$0.19$335.89 million$336.00 millionViewN/AView Earnings Details
8/7/2012$0.19$0.18ViewN/AView Earnings Details
5/7/2012$0.18$0.17ViewN/AView Earnings Details
2/13/2012$0.16$0.18ViewN/AView Earnings Details
11/7/2011$0.14$0.15ViewN/AView Earnings Details
8/4/2011$0.12$0.13ViewN/AView Earnings Details
5/9/2011$0.12$0.10ViewN/AView Earnings Details
2/10/2011$0.10$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Rackspace Hosting (NYSE:RAX)
Current Year EPS Consensus Estimate: $1.05 EPS
Next Year EPS Consensus Estimate: $1.1 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.19$0.23$0.22
Q2 20164$0.21$0.23$0.22
Q3 20165$0.23$0.26$0.24
Q4 20165$0.23$0.26$0.24
Q1 20172$0.25$0.29$0.27
Q2 20171$0.31$0.31$0.31
Q3 20171$0.32$0.32$0.32
Q4 20171$0.35$0.35$0.35
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Rackspace Hosting (NYSE:RAX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Rackspace Hosting (NYSE:RAX)
Insider Ownership Percentage: 15.50%
Institutional Ownership Percentage: 83.62%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/18/2016Eugene V DefeliceSVPBuy1,000$18.77$18,770.00View SEC Filing  
11/16/2015Taylor RhodesCEOSell3,866$27.71$107,126.86View SEC Filing  
11/11/2015Tiffany LatheVPSell4,500$29.66$133,470.00View SEC Filing  
8/25/2015Graham M WestonDirectorBuy85,500$29.24$2,500,020.00View SEC Filing  
4/27/2015Lew MoormanDirectorSell100,000$55.53$5,553,000.00View SEC Filing  
3/30/2015Karl PichlerCFOSell83,646$52.29$4,373,849.34View SEC Filing  
2/27/2015Mark RoenigkCOOSell12,000$49.70$596,400.00View SEC Filing  
1/2/2015Karl PichlerCFOSell7,604$47.13$358,376.52View SEC Filing  
12/10/2014George J Still JrDirectorSell55,009$46.12$2,537,015.08View SEC Filing  
11/18/2014Graham M WestonDirectorBuy58,480$42.75$2,500,020.00View SEC Filing  
8/13/2014Karl PichlerCFOSell181$29.60$5,357.60View SEC Filing  
8/13/2014Mark RoenigkCOOSell163$29.60$4,824.80View SEC Filing  
8/13/2014Tiffany LatheVPSell166$29.73$4,935.18View SEC Filing  
8/12/2014Karl PichlerCFOSell162$29.32$4,749.84View SEC Filing  
8/12/2014Tiffany LatheVPSell508$29.81$15,143.48View SEC Filing  
8/11/2014Joseph SaporitoCAOSell344$31.29$10,763.76View SEC Filing  
8/11/2014Karl PichlerCFOSell488$31.29$15,269.52View SEC Filing  
8/11/2014Mark RoenigkCOOSell379$31.29$11,858.91View SEC Filing  
3/10/2014Taylor RhodesPresidentSell1,154$37.59$43,378.86View SEC Filing  
2/14/2014Mark RoenigkCOOSell11,500$33.23$382,145.00View SEC Filing  
11/15/2013A Lanham NapierCEOSell902,238$42.36$38,218,801.68View SEC Filing  
10/8/2013Mark RoenigkCOOSell6,500$48.02$312,130.00View SEC Filing  
9/11/2013Taylor RhodesSVPSell1,298$50.41$65,432.18View SEC Filing  
9/4/2013Alan SchoenbaumVPSell14,952$46.88$700,949.76View SEC Filing  
9/4/2013Mark RoenigkCOOSell10,485$46.88$491,536.80View SEC Filing  
8/12/2013A Lanham NapierCEOSell2,463$47.22$116,302.86View SEC Filing  
8/12/2013Lew MoormanPresidentSell290,219$47.37$13,747,674.03View SEC Filing  
8/12/2013Mark RoenigkCOOSell5,594$48.29$270,134.26View SEC Filing  
7/24/2013Mark RoenigkCOOSell4,000$45.00$180,000.00View SEC Filing  
3/11/2013Alan SchoenbaumVPSell2,082$55.93$116,446.26View SEC Filing  
2/1/2013Patrick M MatthewsSVPSell12,500$76.01$950,125.00View SEC Filing  
1/15/2013Christopher CochranInsiderSell2,000$77.08$154,160.00View SEC Filing  
12/3/2012Lew MoormanInsiderSell90,000$68.22$6,139,800.00View SEC Filing  
12/3/2012Patrick M MatthewsSVPSell7,500$68.22$511,650.00View SEC Filing  
11/12/2012Fred ReichheldDirectorSell4,000$62.00$248,000.00View SEC Filing  
11/12/2012James LewandowskiSVPSell37,500$61.78$2,316,750.00View SEC Filing  
9/4/2012S. James BishkinDirectorSell2,000$61.96$123,920.00View SEC Filing  
9/4/2012Stephen F MillsVPSell5,000$64.45$322,250.00View SEC Filing  
8/9/2012George J Still JrDirectorSell20,000$53.56$1,071,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Rackspace Hosting (NYSE:RAX)
DateHeadline
bizjournals.com logoBuyer of Rackspace's Cloud Sites seeks incentives for job in San Antonio (NYSE:RAX)
www.bizjournals.com - September 23 at 11:42 AM
mysmartrend.com logo32.0% Return Seen to Date on SmarTrend Rackspace Hosting Call (RAX) (NYSE:RAX)
www.mysmartrend.com - September 21 at 6:34 PM
capitalcube.com logoETF’s with exposure to Rackspace Hosting, Inc. : September 15, 2016 (NYSE:RAX)
www.capitalcube.com - September 15 at 7:03 PM
bizjournals.com logoSA data startup tracks foot traffic in retail stores (NYSE:RAX)
www.bizjournals.com - September 15 at 7:03 PM
finance.yahoo.com logoRackspace Extends Managed Application Services to Microsoft Azure (NYSE:RAX)
finance.yahoo.com - September 15 at 10:33 AM
News IconThe Statistics Don't Lie: Rackspace Hosting, Inc. (NYSE:RAX) Earnings Preview - The Voice Registrar (NYSE:RAX)
voiceregistrar.com - September 14 at 7:07 PM
mysmartrend.com logo31.7% Return Seen to Date on SmarTrend Rackspace Hosting Call (RAX) (NYSE:RAX)
www.mysmartrend.com - September 14 at 11:20 AM
forbes.com logoShort Interest In Rackspace Hosting Decreases By 38.3% (NYSE:RAX)
www.forbes.com - September 13 at 2:04 PM
News IconSkyline Medical Inc (NASDAQ:SKLN) & Rackspace Hosting, Inc ... - Money News (NYSE:RAX)
www.newsismoney.com - September 10 at 11:10 AM
News IconRAX Stock: How Much Did Investors Make on Rackspace Hosting, Inc.? - Profit Confidential (NYSE:RAX)
www.profitconfidential.com - September 10 at 11:10 AM
News IconRAX stock Rackspace Hosting Sold At 30% Premium (NYSE:RAX)
investorsbuz.com - September 8 at 6:43 PM
News IconRAX Stock: How Much Did Investors Make on Rackspace Hosting, Inc.? (NYSE:RAX)
www.profitconfidential.com - September 8 at 10:50 AM
feeds.reuters.com logoActivist Blue Harbour's main fund up 6.3 percent this year -sources (NYSE:RAX)
feeds.reuters.com - September 7 at 11:22 AM
News IconInvestor News: Buyout of Rackspace Hosting, Inc. (NYSE:RAX) under Investigation over potential Wrongdoing (NYSE:RAX)
www.groundreport.com - September 7 at 10:34 AM
sg.finance.yahoo.com logoActivist Blue Harbour's main fund up 6.3 percent this year: sources (NYSE:RAX)
sg.finance.yahoo.com - September 7 at 10:34 AM
News IconStocks Alert: Rackspace Hosting, Inc. (NYSE:RAX), Under Armour Inc (NYSE:UA), Boston Scientific Corporation (NYSE ... - NYSE Journal (press release) (NYSE:RAX)
stockznews.com - September 6 at 11:45 AM
News IconAnalysts Valuations For Two Stocks: Rackspace Hosting, Inc. (NYSE:RAX), Rite Aid Corporation (NYSE:RAD) - The Voice Registrar (NYSE:RAX)
voiceregistrar.com - September 5 at 11:04 AM
News IconSHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Rackspace Hosting, Inc. And Encourages I... (NYSE:RAX)
ih.advfn.com - September 3 at 11:12 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Rackspace Hosting, Inc. And Encourages Investors To Contact The Firm For Additional Information (NYSE:RAX)
finance.yahoo.com - September 3 at 11:12 AM
fool.com logoHow Rackspace Hosting, Inc. Rose 34% in August (NYSE:RAX)
www.fool.com - September 2 at 2:39 PM
prnewswire.com logoRACKSPACE SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Rackspace Hosting, Inc ... - PR Newswire (press release) (NYSE:RAX)
www.prnewswire.com - August 30 at 6:56 PM
investopedia.com logoApollo Global Takes Rackspace Private in $4.3 Billion Deal (NYSE:RAX)
www.investopedia.com - August 30 at 6:56 PM
finance.yahoo.com logoRACKSPACE SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Rackspace Hosting, Inc. (RAX) Over the Proposed Sale of the Company to Apollo Global Management, LLC (NYSE:RAX)
finance.yahoo.com - August 30 at 6:56 PM
businesswire.com logoRACKSPACE HOSTING (RAX) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for ... - Business Wire (press release) (NYSE:RAX)
www.businesswire.com - August 30 at 10:18 AM
marketrealist.com logoWhy Was Rackspace Destined to Lose in the Cloud Space? (NYSE:RAX)
marketrealist.com - August 30 at 10:18 AM
biz.yahoo.com logoRACKSPACE HOSTING, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Princi (NYSE:RAX)
biz.yahoo.com - August 30 at 10:18 AM
finance.yahoo.com logoCloud Technology Partners Closes Series C Funding Round (NYSE:RAX)
finance.yahoo.com - August 30 at 10:18 AM
marketrealist.com logoWhy Are Apollo Global and PE Firms Flocking to the Tech Space? (NYSE:RAX)
marketrealist.com - August 30 at 10:18 AM
sbwire.com logoThe Acquisition of Rackspace Hosting, Inc. (NYSE:RAX) Is Under Investigation for Investors (NYSE:RAX)
www.sbwire.com - August 29 at 6:49 PM
rttnews.com logoRackspace Hosting Inc. (RAX) Leaped After Agreement To Be Taken Private (NYSE:RAX)
www.rttnews.com - August 29 at 6:49 PM
marketwatch.com logoRACKSPACE HOSTING (RAX) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Rackspace Hosting, Inc. (NYSE:RAX)
www.marketwatch.com - August 29 at 6:49 PM
thecountrycaller.com logoRackspace Hosting, Inc. (RAX) Stock Downgraded To Market Perform At Wells Fargo (NYSE:RAX)
www.thecountrycaller.com - August 29 at 6:49 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Rackspace Hosting, Inc. to Apollo Global Management LLC for $32 Per Share is Fair to Shareholders - RAX (NYSE:RAX)
finance.yahoo.com - August 29 at 6:49 PM
finance.yahoo.com logoApollo Agrees to Buy Rackspace in $4.3 Billion Deal (NYSE:RAX)
finance.yahoo.com - August 29 at 11:36 AM
feeds.benzinga.com logoBenzinga's M&A Chatter for Friday August 26, 2016 (NYSE:RAX)
feeds.benzinga.com - August 28 at 10:00 PM
thecountrycaller.com logoRackspace Hosting, Inc. Reiterated at Hold, Amid Merger Announcement: Needham (NYSE:RAX)
www.thecountrycaller.com - August 28 at 10:54 AM
News IconStocks Buzz: Rackspace Hosting, Inc. (NYSE:RAX), Chesapeake Energy Corporation (NYSE:CHK) - Post Registrar (NYSE:RAX)
postregistrar.com - August 27 at 11:14 AM
thecountrycaller.com logoRackspace Hosting, Inc (RAX) To See Another Strategic Bidder In Near Future: Oppenheimer - TCC (NYSE:RAX)
www.thecountrycaller.com - August 27 at 11:14 AM
prnewswire.com logoHarwood Feffer LLP Announces Investigation of Rackspace Hosting, Inc. (NYSE:RAX)
www.prnewswire.com - August 26 at 6:45 PM
finance.yahoo.com logoRACKSPACE (RAX) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and … (NYSE:RAX)
finance.yahoo.com - August 26 at 6:45 PM
biz.yahoo.com logoRACKSPACE HOSTING, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:RAX)
biz.yahoo.com - August 26 at 6:45 PM
rttnews.com logoRackspace To Be Taken Private By Apollo Global Management In $4.3 Bln Deal (NYSE:RAX)
www.rttnews.com - August 26 at 9:57 AM
wsj.com logoRackspace to Go Private in $4.3 Billion Deal (NYSE:RAX)
www.wsj.com - August 26 at 9:57 AM
etfdailynews.com logoRackspace Shares Jump as Company is Being Taken Private (NYSE:RAX)
etfdailynews.com - August 26 at 9:57 AM
finance.yahoo.com logoRackspace Enters Into a $4.3 Billion Transaction to Become a Private Company Through an Acquisition Led by Certain Funds Managed by Affiliates of Apollo Global Management (NYSE:RAX)
finance.yahoo.com - August 26 at 9:57 AM
finance.yahoo.com logoApollo Global is buying Rackspace for $4.3 billion (NYSE:RAX)
finance.yahoo.com - August 26 at 9:57 AM
marketwatch.com logoRackspace to be taken private in $4.3 billion acquisition (NYSE:RAX)
www.marketwatch.com - August 26 at 9:57 AM
finance.yahoo.com logoApollo Agrees to Buy Cloud Company Rackspace for $4.3 Billion (NYSE:RAX)
finance.yahoo.com - August 26 at 9:57 AM
wsj.com logoDeals of the Day: Beer Merger Would Force Cuts, Icahn Weighed Herbalife Stake Sale to Ackman (NYSE:RAX)
blogs.wsj.com - August 26 at 9:57 AM
wsj.com logoStocks to Watch: Herbalife, Pure Storage, Rackspace (NYSE:RAX)
blogs.wsj.com - August 26 at 9:57 AM

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Rackspace Hosting (NYSE:RAX) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff