Last €24.53 EUR
Change Today -0.394 / -1.58%
Volume 0.0
R42 On Other Exchanges
Symbol
Exchange
Berlin
As of 3:00 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

rackspace hosting inc (R42) Snapshot

Open
€24.74
Previous Close
€24.92
Day High
€25.30
Day Low
€24.51
52 Week High
09/20/13 - €39.90
52 Week Low
05/12/14 - €18.80
Market Cap
3.5B
Average Volume 10 Days
182.3
EPS TTM
--
Shares Outstanding
143.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for RACKSPACE HOSTING INC (R42)

rackspace hosting inc (R42) Related Businessweek News

View More BusinessWeek News

rackspace hosting inc (R42) Details

Rackspace Hosting, Inc., through its subsidiaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. The company’s service offering combines hosting on dedicated hardware and on multi-tenant pools of virtualized hardware in a way that suits each customer’s requirements. Its public cloud services refer to pooled computing resources delivered on-demand over the Internet. The company offers cloud servers for computing; cloud sites for Website hosting; cloud block storage and cloud files for storage; cloud databases for hosting; cloud backup for file protection; cloud load balancers for traffic management; cloud monitoring for infrastructure control; cloud DNS for domain management; cloud networks for security enhancement; and cloud applications, including email, collaboration, and file back-ups. Its dedicated cloud services include customer management portal and other management tools for managing the data center, network, hardware devices, and operating system software; and private cloud services comprise a pool of computing resources for a particular customer. The company also provides hybrid hosting, which enables customers to utilize any combination of dedicated and pooled resources and to manage them through its RackConnect service. It sells its service suite through direct sales teams, third party channel partners, and online ordering. The company was founded in 1998 and is headquartered in San Antonio, Texas.

5,798 Employees
Last Reported Date: 08/11/14
Founded in 1998

rackspace hosting inc (R42) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $374.9K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $359.6K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $363.3K
Chief Accounting Officer
Total Annual Compensation: $248.6K
Consultant
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2013.

rackspace hosting inc (R42) Key Developments

Rackspace Hosting, Inc. - M&A Call

To discuss the evaluation of alternatives that would result in Rackspace being acquired; and to discuss the executive changes

Rackspace Announces Management Changes

Rackspace(R) announced that its board of directors has named Taylor Rhodes to be the company's chief executive officer as well as a member of the board, effective immediately. Rhodes is a Rackspace veteran who has served in a variety of leadership positions within the company since 2007, including several roles directly responsible for delivering Rackspace's renowned Fanatical Support(R) to customers globally. He retains his previous role as president and remains responsible for the company's operations worldwide. Rackspace co-founder, Graham Weston, who has served as CEO and chairman since February, now is non-executive chairman of the board.

RAX Ends To Evaluate Strategic Alternatives

Rackspace Hosting, Inc. (NYSE:RAX) announced that it has ended its evaluation of alternatives that would result in Rackspace being acquired. The company declared its commitment to remain independent. “We ran a thorough process under the direction of our board of directors, independent advisors, and a Strategic Transaction Committee of the Board,” said Graham Weston, Rackspace co-founder and chairman. “In this process we talked to a diverse group of interested parties and entertained different proposals. None of these proposals were deemed to have as much value as the expected value of our standalone plan. We concluded that the company is best positioned to drive value for shareholders, customers and Rackers through the continued execution of its strategic plan to capitalize on the growing market opportunity for managed cloud services.” Rackspace has retained Morgan Stanley and Wilson Sonsini Goodrich & Rosati to facilitae the review of alternatives.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
R42:GR €24.53 EUR -0.394

R42 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Broadridge Financial Solutions Inc $42.39 USD -0.29
Informatica Corp $33.32 USD -0.69
Nuance Communications Inc $15.67 USD -0.09
PTC Inc $37.99 USD -0.01
VeriFone Systems Inc $36.62 USD -0.61
View Industry Companies
 

Industry Analysis

R42

Industry Average

Valuation R42 Industry Range
Price/Earnings 54.0x
Price/Sales 2.7x
Price/Book 3.9x
Price/Cash Flow 10.6x
TEV/Sales 2.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RACKSPACE HOSTING INC, please visit www.rackspace.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.