Last $35.74 USD
Change Today +0.67 / 1.91%
Volume 102.4K
RAX On Other Exchanges
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As of 10:18 AM 10/21/14 All times are local (Market data is delayed by at least 15 minutes).

rackspace hosting inc (RAX) Snapshot

Open
$35.25
Previous Close
$35.02
Day High
$35.75
Day Low
$35.07
52 Week High
10/29/13 - $53.89
52 Week Low
05/9/14 - $26.18
Market Cap
5.1B
Average Volume 10 Days
1.9M
EPS TTM
$0.59
Shares Outstanding
143.0M
EX-Date
--
P/E TM
60.6x
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.

5,798 Employees
Last Reported Date: 08/11/14
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 Releases Rackspace Hybrid Cloud Offering, RackConnect(R) V3

Rackspace announced the newest release of its Rackspace Hybrid Cloud offering, RackConnect(R) v3, including new security capabilities, increased scalability and an improved customer experience. Rackspace created the unique RackConnect technology to address the needs of customers who require the scalability of the cloud, combined with the enhanced security and performance of traditional dedicated hosting. RackConnect allows customers to blend traditional dedicated hardware and networks with a variety of services deployed in the public cloud. The latest iteration of RackConnect uses software-defined network technology and Rackspace Cloud Networks to deliver a seamless connection between disparate environments with an emphasis on security across the entire configuration. Rackspace offers this hybrid cloud solution with the ability to incorporate highly customized devices within dedicated hosting and connect with public cloud, private cloud powered by VMware, OpenStack and Microsoft, and even offsite to a customer premise all backed by Fanatical Support(R) . There is no additional charge for RackConnect beyond the cost of the underlying resources consumed. With the new version of RackConnect, customers will be able to take advantage of enhanced security capabilities, increased scalability and automation, and more device options. Enhanced Security - RackConnect v3 expands the security of dedicated environments into the Rackspace Public Cloud by integrating isolated Rackspace Cloud Networks to keep traffic segregated. Increased Scalability and Automation - RackConnect v3 supports as much as a 5x increase in scalability. It also decreases the time to provision new resources and helps reduce the risk of build failures by introducing seamless Rackspace Cloud Server provisioning. Enhanced Customer Experience - Using best practices and software-defined networking (SDN), RackConnect v3 shifts complexity away from the customer and toward software and automation, delivering a seamless customer experience. More Device Options - RackConnect remains free of charge to all Rackspace customers that have a compatible network device. The Brocade ADX load balancer joins the list of RackConnect compatible devices, along with the Cisco ASA firewall series and the F5 BIP-IP local traffic manager, to further reduce the cost of an entry-level RackConnect deployment.

MobileForceField Chooses Rackspace to Host All of its Websites

MobileForceField has chosen Rackspace to host all of its websites. MobileForceField's patent pending app steps in before a child receives bullying messages, inappropriate images or visits unsuitable apps and websites. It also uses geofencing technology to monitor the location of the child and help ensure they are kept away from uninviting locations. Rackspace is supporting both the main MobileForceField website which is used for marketing purposes and the portal where parents log in to review activity on their child's device. The scalable infrastructure was in place so that the spike in traffic to these sites could be easily handled when the solution was launched in the UK on 2 October. The app is available now on Android devices and Rackspace will provide hosting support for the tool being launched on the Apple App Store.

Rackspace Announces Release of OnMetal(TM) Cloud Big Data Platform

Rackspace announced the release of OnMetal(TM) Cloud Big Data Platform so customers can now deploy bare metal instances of Apache(TM) Hadoop(R) with Spark(TM) in just three clicks. The new solution provides an efficient and elastic platform that delivers break-through speed for Hadoop and Spark(TM), allowing data scientists to gather insights in minutes rather than hours or days. OnMetal Cloud Big Data Platform is a turn-key service, which eliminates the need to configure and integrate complex hardware and software infrastructure. Senior business leaders now have a simple alternative for implementing their big data agendas. The beta launch of support for Apache Spark also offers companies the tools needed to accelerate the development and analysis of data science applications. For instance, developers can interact with data in real time via Scala or Python Shells. And with the inclusion of high level tools like Spark SQL, Spark Streaming, MLib and GraphX, developers and data scientists can now take advantage of the most powerful tools from Spark for streaming, machine learning, and graph-optimized applications. Highlights include: Big Data as a service, rapid time to market, breakthrough performance. With this announcement, Rackspace continues to expand the breadth and capability of its portfolio of managed databases, now supporting the most popular Big Data, SQL, and NoSQL databases. This includes Hadoop, Spark, MongoDB, Redis, Oracle, Microsoft SQL Server, MySQL, Percona, and MariaDB. Customers have the flexibility to deploy across private, public, bare metal and hybrid clouds with options to automate and reduce the time and money needed to deploy, scale, manage and help ensure the availability of production database applications.

 

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Valuation RAX Industry Range
Price/Earnings 58.9x
Price/Sales 3.0x
Price/Book 4.3x
Price/Cash Flow 11.6x
TEV/Sales 2.8x
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