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: $31.86
  • 50 Day Moving Average: $31.62
  • 200 Day Moving Average: $26.14
  • 52-Week Range: $15.05 - $32.14
  • Trailing P/E Ratio: 28.05
  • Foreward P/E Ratio: 28.70
  • P/E Growth: 1.75
  • Market Cap: $4.01B
  • Outstanding Shares: 125,805,000
  • Beta: 1.67
  • Net Margins: 7.39%
  • Return on Equity: 16.80%
  • Return on Assets: 8.52%
  • 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 (9.25% downside)

Analysts' Ratings History for Rackspace Hosting (NYSE:RAX)
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 10/22/2014 forward)


Earnings History for Rackspace Hosting (NYSE:RAX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for Rackspace Hosting (NYSE:RAX)
Current Year EPS Consensus Estimate: $1.06 EPS
Next Year EPS Consensus Estimate: $1.11 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)


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
10/17/2016Mark RoenigkCOOSell5,000$31.78$158,900.00View SEC Filing  
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)


Latest Headlines for Rackspace Hosting (NYSE:RAX)
News IconHot Fact Under Analysts Views: Himax Technologies, Inc. (NASDAQ:HIMX), Rackspace Hosting, Inc. (NYSE:RAX) - Street Wise Report (press release) (blog) (NYSE:RAX)
streetwisereport.com - October 21 at 7:02 PM
News IconRackspace Hosting Inc. (RAX) COO Sold $158900.00 in Stock - DailyQuint (NYSE:RAX)
dailyquint.com - October 21 at 7:02 PM
News IconPay Close Attention To These Analyst Ratings: Sally Beauty ... - The Voice Registrar (NYSE:RAX)
voiceregistrar.com - October 21 at 10:29 AM
finance.yahoo.com logoRackspace Promotes Reinhard Waldinger to Lead Rackspace International, and Appoints New DACH Leader (NYSE:RAX)
finance.yahoo.com - October 21 at 10:29 AM
sbwire.com logoLawsuit Filed for Investors in Rackspace Hosting, Inc. (NYSE:RAX) Against the Takeover at $32 Per Share (NYSE:RAX)
www.sbwire.com - October 20 at 7:16 PM
marketrealist.com logoWhy Reinventing the Wheel Was Not the Right Move for VMware (NYSE:RAX)
marketrealist.com - October 20 at 7:15 PM
News IconStocks News Update: Rackspace Hosting, Inc. (NYSE:RAX), NorthStar Realty Finance Corp. (NYSE:NRF) - The Newburgh Press (NYSE:RAX)
newburghpress.com - October 19 at 3:34 PM
finance.yahoo.com logoRackspace Launches Largest Global Brand Campaign in 18-Year History (NYSE:RAX)
finance.yahoo.com - October 19 at 3:34 PM
mysmartrend.com logoShares of RAX Up 33.1% Since Uptrend Call on Shares (NYSE:RAX)
www.mysmartrend.com - October 18 at 6:52 PM
News IconHot Tech Stocks To Watch Right Now: Cepheid (CPHD), Rackspace ... - The Independent Republic (NYSE:RAX)
theindependentrepublic.com - October 18 at 12:16 PM
publicnow.com logoRackspace Launches Enhanced Version of Compass for Fanatical Support for AWS Customers (NYSE:RAX)
www.publicnow.com - October 18 at 12:16 PM
investornewswire.com logoSell Recommendations For Rackspace Hosting, Inc (NYSE:RAX) At 0 - Investor Newswire (NYSE:RAX)
www.investornewswire.com - October 17 at 6:50 PM
News IconOutshines Stocks with Rosy Profitability Scores: Rackspace Hosting, Inc. (NYSE:RAX), Cerner Corporation (NASDAQ ... - Street Wise Report (press release) (blog) (NYSE:RAX)
streetwisereport.com - October 17 at 12:09 PM
News IconAnalysts Valuations For Two Stocks: RPC, Inc. (NYSE:RES), Rackspace Hosting, Inc. (NYSE:RAX) - The Voice Registrar (NYSE:RAX)
voiceregistrar.com - October 17 at 12:09 PM
News IconUpdate on Rackspace Hosting, Inc. (NYSE:RAX) for the day (NYSE:RAX)
twincountynews.com - October 15 at 11:43 AM
investornewswire.com logoRackspace Hosting, Inc (NYSE:RAX) Stock Rating Stands At 3.07 - Investor Newswire (NYSE:RAX)
www.investornewswire.com - October 14 at 6:44 PM
News Icon2 Stocks Attracting Analyst Attention: Brookdale Senior Living, Inc. (NYSE:BKD), Rackspace Hosting, Inc. (NYSE:RAX) - The Voice Registrar (NYSE:RAX)
voiceregistrar.com - October 13 at 7:07 PM
4-traders.com logoRackspace Hosting : National Kidney Registry Enlists Rackspace Managed Security to Help Safeguard Patient Data (NYSE:RAX)
www.4-traders.com - October 13 at 10:40 AM
publicnow.com logoNational Kidney Registry Enlists Rackspace Managed Security to Help Safeguard Patient Data (NYSE:RAX)
www.publicnow.com - October 13 at 10:40 AM
investornewswire.com logoRackspace Hosting, Inc (NYSE:RAX) Sell Calls At 0 - Investor Newswire (NYSE:RAX)
www.investornewswire.com - October 10 at 6:32 PM
News IconActive Tech Stock News: First Solar, Inc. (FSLR), Rackspace Hosting, Inc. (RAX) - The Independent Republic (NYSE:RAX)
theindependentrepublic.com - October 10 at 11:45 AM
News IconHot Stocks Alert: American Express Company (NYSE:AXP), Rackspace Hosting, Inc. (NYSE:RAX), Platform Specialty ... - NYSE Journal (press release) (NYSE:RAX)
stockznews.com - October 9 at 11:08 AM
News Icon2 Stocks Attracting Analyst Attention: Superior Energy Services, Inc ... - The Voice Registrar (NYSE:RAX)
voiceregistrar.com - October 8 at 11:27 AM
News IconAnalysts Take the Wheel on Rackspace Hosting, Inc (NYSE:RAX) Shares and Where They Might Be Headed - CSZ News (NYSE:RAX)
cincysportszone.com - October 8 at 11:27 AM
News IconRackspace Hosting, Inc. (NYSE:RAX) Analysts Recommendations and Insider Trading - The Independent Republic (NYSE:RAX)
theindependentrepublic.com - October 8 at 11:27 AM
bizjournals.com logoJungle Disk employee footprint doubles, looks to local small business market for growth (slideshow) (NYSE:RAX)
www.bizjournals.com - October 7 at 6:41 PM
bizjournals.com logoCloud-hosting company hires Austin CEO with resume that includes jobs at Rackspace, Dell, HP (NYSE:RAX)
www.bizjournals.com - October 7 at 12:09 PM
bizjournals.com logoRackspace rival taps former Racker as CEO (NYSE:RAX)
www.bizjournals.com - October 6 at 6:44 PM
News IconOwnership Action To Observe: Rackspace Hosting Inc (NYSE:RAX) Q2 2016 Sentiment - Post News (NYSE:RAX)
www.kentuckypostnews.com - October 6 at 12:32 PM
News IconHostway Services Names Industry Veteran Emil Sayegh as CEO and President (NYSE:RAX)
stockguru.com - October 5 at 12:15 PM
News IconRackspace Hosting, Inc. (NYSE:RAX) Analyst Opinion - The Independent Republic (NYSE:RAX)
theindependentrepublic.com - October 4 at 6:33 PM
News Icon2 Stocks Attracting Analyst Attention: Rackspace Hosting, Inc. (NYSE:RAX), FireEye Inc (NASDAQ:FEYE) - The Voice Registrar (NYSE:RAX)
voiceregistrar.com - October 4 at 11:42 AM
News IconNotable Stocks Buzz: Rackspace Hosting, Inc. (NYSE:RAX), Horizon ... - NYSE Journal (press release) (NYSE:RAX)
stockznews.com - October 1 at 6:08 PM
News IconAttractive Stock of Yesterday - Rackspace Hosting, Inc (NYSE:RAX) - Hot Stocks Point (NYSE:RAX)
www.hotstockspoint.com - September 30 at 3:31 PM
mysmartrend.com logoUptrend Call Working As Rackspace Hosting Stock Rises 32.7% (RAX) (NYSE:RAX)
www.mysmartrend.com - September 29 at 12:07 PM
News IconOwnership Change Worth Mentioning: As Rackspace Hosting INC (RAX) Valuation Declined, Matarin Capital ... - Chester News (NYSE:RAX)
www.chesterindependent.com - September 27 at 11:35 AM
finance.yahoo.com logoRackspace and Broadleaf Commerce Collaborate to Deliver Custom Cloud Commerce (NYSE:RAX)
finance.yahoo.com - September 27 at 11:35 AM
4-traders.com logoRackspace Hosting : Extends Managed Application Services to Microsoft Azure (NYSE:RAX)
www.4-traders.com - September 26 at 7:00 PM
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


Rackspace Hosting (NYSE:RAX) Chart for Saturday, October, 22, 2016

Last Updated on 10/22/2016 by MarketBeat.com Staff