Analyst Ratings for Rackspace Hosting, Inc. (RAX)

Updated: 2016-11-01

Investment analysts gave a few price targets for RAX. The maximum price target given was 44, implying a possible profit of 37.54 percent. The most pessimistic price target was 18, implying potential capital losses of -43.73 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -6.34 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.96 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of RAX's earnings is estimated by analysts to be -7.67 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. RAX has a PEG ratio of -3.62.

RAX has a 52-week high of 32.14 and a 52-week low of 15.05. Today's price is 112.56 percent above the 52-week low, and 0.47 percent lower than its 52-week high. RAX has a P/E ratio of 27.79. Investors typically compare the P/E ratio to a company's peers in the industry. The RAX value stock report compares RAX to some of its peers using value stock charts. The stock has a market capitalization of $4.02 billion. RAX will post this quarters earnings in -806 days, on 2016-11-07.