Analyst Ratings for Rackspace Hosting, Inc. (RAX)Updated: 2016-11-01
RAX was given price targets by several analysts. The most optimistic analyst gave a price target of 44, which equates to a potential upside of 37.54 percent. The lowest price target was 18, which equates to a potential downside of -43.73 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -6.34 percent. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of RAX's earnings is estimated by analysts to be -7.67 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 traded between a high of 32.14 and a low of 15.05 over the past year. Today's price is 112.56 percent above the 52-week low, and below the high by 0.47 percent. 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 -869 days, on 2016-11-07.