Last $48.01 USD
Change Today -0.23 / -0.48%
Volume 466.3K
RAX On Other Exchanges
Symbol
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As of 8:04 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

rackspace hosting inc (RAX) Snapshot

Open
$47.99
Previous Close
$48.24
Day High
$48.48
Day Low
$47.92
52 Week High
12/24/14 - $48.48
52 Week Low
05/9/14 - $26.18
Market Cap
6.9B
Average Volume 10 Days
1.1M
EPS TTM
$0.66
Shares Outstanding
143.6M
EX-Date
--
P/E TM
72.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for RACKSPACE HOSTING INC (RAX)

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rackspace hosting inc (RAX) 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.

5,939 Employees
Last Reported Date: 11/10/14
Founded in 1998

rackspace hosting inc (RAX) 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 (RAX) Key Developments

Rackspace Appoints Kevin Costello to Board of Directors

Rackspace announced that Kevin Costello has joined the board of directors. Costello served as the president of Ariba, Inc. for six years. During his tenure at Ariba, Costello provided strategic vision and operational guidance that helped transform the company into a leading global provider of cloud computing and commerce management solutions.

Oddbins Uses Rackspace Managed Cloud Services to Upgrade eCommerce Infrastructure

Rackspace announced that Oddbins has begun using Rackspace Managed Cloud services to power its website as it stocks up ahead of the festive season and beyond. Oddbins has upgraded its eCommerce infrastructure to a Rackspace dedicated solution, which is, according to Oddbins, five times faster than the one its previous vendor provided. The new solution offers a managed web application stack, enhanced security and the unmatched performance of a bare metal server to support the firm's ambitious growth plans for 2015, by the end of which it aims to have doubled website sales. The technology comes with access to Rackspace 24/7/365 expertise from a team of specialists, which has given the internal team peace of mind that the website will perform to a high standard so they can focus on business goals such as expanding from the 45 stores currently occupied to over 100 by the end of next year. Oddbins decided to change its eCommerce strategy so that these targets could be achieved, which involved looking for a new hosting provider after facing a number of challenges when working with the previous vendor. One of these problems occurred when a bottle of wine from the Oddbins range was featured on television. As several hundred viewers visited the Oddbins website to buy the product, they were unable to add it to the online shopping cart due to a problem with the infrastructure and many sales were lost as a result.

Rackspace Announces Public Availability of an Innovative, First-Of-Its-Kind Social Monitoring Tool and Application Programming Interface

Rackspace has announced full, public availability of an innovative, first-of-its-kind social monitoring tool and application programming interface. HelpSocial is the first platform created to help businesses integrate social across their companies for real-time social customer service. The launch of the tool and API will be beneficial to businesses across every industry. HelpSocial will help solve two major problems for businesses involved in social: It provides web and mobile apps with workflow designed specifically to address the growing demand for real time customer service in social media. It provides an API helping a business scale social activities throughout the company by allowing each department to choose which social functions and pieces of data they need, regardless of the software stack they operate on. Sales and customer service operations are most effective when the entire business operates together. Connecting data sets and teams from around the company with real time social data enables everyone to contribute towards winning new sales and preventing customer churn. The web and mobile apps help businesses who monitor social media to instantly understand the full context of a social comment. For example, recognizing who the person is that made the comment - customer, employee, influencer, media member, etc, how important the comment is at that moment relative to everything else happening at the company and who from across the business they need to get involved to handle the issue. The API expands this capability by connecting teams around the business with other pieces of data that are related to what they're doing at a given moment. It combines that data with the social functions needed to take advantage of an opportunity to win a new customer or prevent one from churning the instant a situation presents itself.

 

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Industry Analysis

RAX

Industry Average

Valuation RAX Industry Range
Price/Earnings 73.3x
Price/Sales 4.0x
Price/Book 5.6x
Price/Cash Flow 15.2x
TEV/Sales 3.7x
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