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Last €47.54 EUR
Change Today -1.18 / -2.43%
Volume 27.0
R42 On Other Exchanges
New York
As of 5:20 AM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

rackspace hosting inc (R42) Snapshot

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Day High
Day Low
52 Week High
03/20/15 - €51.00
52 Week Low
05/12/14 - €18.80
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Current Stock Chart for RACKSPACE HOSTING INC (R42)

rackspace hosting inc (R42) Related Businessweek News

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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 MySQL instances; 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.

5,936 Employees
Last Reported Date: 03/2/15
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
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2013.

rackspace hosting inc (R42) Key Developments

The Entertainer Plays Winning Game with Rackspace Managed Cloud to Boost Sales

Rackspace announced that it is providing its managed cloud services to The Entertainer so it can manage large traffic spikes and launch new services. The Entertainer was recommended to use a Rackspace Private Cloud to power its e-commerce offering through its work with Rackspace channel partner Conexus. The retailer has worked with Rackspace and Conexus to roll out a hybris omni-channel solution, which includes a same day Click and Collect service plus a responsive site design that enables mobile sales, driving large traffic spikes. These have become critical elements of the retailer's mission to enhance its online presence beyond the basic online store it previously relied on, in order to become the ultimate toyshop in the UK.

Rackspace Hosting Mulls Acquisitions

Rackspace Hosting, Inc. (NYSE:RAX) is seeking acquisitions. Jason Luce, Vice President of Finance of Rackspace Hosting, said in Deutsche Bank media, internet and telecom conference, “But we are constantly looking at strategic acquisitions to make us more relevant in the future.”

Rackspace Hosting, Inc. Announces Board Changes

On February 18, 2015, S. James Bishkin and Mark P. Mellin, both Class I Directors, provided notice to the company that they have decided not to run for reelection at the next annual meeting of the company's stockholders which is expected to be held in May of 2015. Both directors noted their desire that fresh perspectives and viewpoints continue to guide the company at the Board of Directors level, as well as their extended tenures, as the bases for their decisions.


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R42 Competitors

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Industry Average

Valuation R42 Industry Range
Price/Earnings 68.5x
Price/Sales 4.1x
Price/Book 6.9x
Price/Cash Flow 15.5x
TEV/Sales 3.9x

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