Rackspace Hosting Inc. (RAX)

RAX (NYSE:Computer Software & Services)
$39.68
neg -0.60
-1.49%
Today's Range: 39.61 - 40.68 | RAX Avg Daily Volume: 2,529,200
Last Update: 05/17/13 - 4:03 PM EDT
Volume: 3,569,249
YTD Performance: -46.57%
Open: $40.38
Previous Close: $40.28
52 Week Range: $38.30 - $81.36
Oustanding Shares: 138,112,858
Market Cap: 5,563,185,920
6-Month Chart
TheStreet Ratings Grade for RAX
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 5 6 8 8
Moderate Buy 0 2 2 2
Hold 12 10 7 8
Moderate Sell 0 1 0 0
Strong Sell 2 0 0 0
Mean Rec. 2.68 2.32 1.94 2.00
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 52.31
Price Earnings Comparisons:
RAX Sector Avg. S&P 500
52.31 52.30 17.70
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-32.75% -21.75% 136.19%
GROWTH 12 Mo 3 Yr CAGR
Revenue 27.70 1.08 0.27
Net Income 38.00 2.49 0.51
EPS 36.40 2.12 0.46
Earnings for RAX:
EBITDA 0.42B
Revenue 1.31B
Average Earnings Estimates
Qtr (06/13) Qtr (09/13) FY (12/13) FY (12/14)
Average Estimate $0.14 $0.15 $0.66 $0.86
Number of Analysts 14 13 14 13
High Estimate $0.22 $0.27 $0.98 $1.37
Low Estimate $0.11 $0.10 $0.53 $0.66
Prior Year $0.18 $0.19 $0.75 $0.66
Growth Rate (Year over Year) -21.03% -19.43% -12.29% 31.43%
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Shorting the Market Like a Poker Pro

By

Bret Jensen

 | May 13, 2013 | 11:00 AM EDT

Professional poker is a great laboratory to develop the same skills needed to be a successful trader.

bearishRackspace price target and estimates reduced at Canaccord

May 9, 2013 | 8:34 AM EDT

RAX estimates were reduced given significantly lower than expected guidance, said Canaccord Genuity. The company's product transition is taking longer than expected. Price target goes to $40.

Rules of the Game: Spread Out the Risk

By

Kate Stalter

 | Apr 22, 2013 | 11:00 AM EDT

Beware of cramming all your funds in one basket.

bearishRackspace Hosting downgraded at Wells Fargo

Apr 2, 2013 | 7:46 AM EDT

Shares of RAX were downgraded to Market Perform, said Wells Fargo. Impacting the company is cloud computing which is somewhat cannibalizing managed hosting growth, as is reduced bandwith prices. Valuation range is now $47 to $52.

bearishRackspace estimates, target cut at JMP

Feb 13, 2013 | 8:35 AM EST

RAX estimates were reduced through 2014, JMP Securities said. Company is seeing lower sales. Outperform rating and new $78 price target. 

A Pair of Plays Ahead of Earnings

By

Timothy Collins

 | Feb 12, 2013 | 3:13 PM EST

From a technical standpoint, I am concerned about Deere and Rackspace.

Earnings on Tap for Next Week

By

Timothy Collins

 | Feb 8, 2013 | 3:15 PM EST

Setting my sights on retail, network and storage, food and social media.

The Week Ahead: Jan. Retail Sales; Earnings from Michael Kors, Cisco

By

Ken Shreve

 | Feb 8, 2013 | 2:34 PM EST

Contributor Ken Shreve takes a look at upcoming economic data and some high-profile earnings reports.

Off the Charts

By

Scott Redler

 | Dec 26, 2012 | 5:55 PM EST

Now's a good time to pare down risk, meanwhile, keep your expectations in check until the ball drops.

bullishRackspace rated new Overweight at JP Morgan

Dec 5, 2012 | 8:28 AM EST

RAX was initiated with an Overweight rating, JP Morgan said. $83 price target. Cloud computing remains a strong area for secular growth. 

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TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.