Rackspace Technology (RXT)
(Real Time Quote from BATS)
$1.93 USD
+0.07 (3.76%)
Updated May 31, 2024 11:04 AM ET
3-Hold of 5 3
A Value D Growth C Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
RXT 1.93 +0.07(3.76%)
Will RXT be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for RXT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for RXT
Rackspace (RXT) Reports Q4 Loss, Tops Revenue Estimates
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RXT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Here Is Why Bargain Hunters Would Love Fast-paced Mover Rackspace (RXT)
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Other News for RXT
Rackspace Technology Cloud Solutions Transforms Video Content Management for Young Hollywood
Rackspace Technology Further Establishes Market Leadership by Being Named Dell Technologies Global Alliances Service Provider of the Year, Americas
Analysts Offer Insights on Technology Companies: Zoom Video Communications (ZM) and Rackspace Technology (RXT)
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