Insufficient Growth At Rackspace Technology, Inc. (NASDAQ:RXT) Hampers Share Price

Rackspace Technology, Inc.’s (NASDAQ:RXT) price-to-sales (or “P/S”) ratio of 0.1x might make it look like a strong buy right now compared to the IT industry in the United States, where around half of the companies have P/S ratios above 2.6x and even P/S above 7x are quite common. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s so limited.

See our latest analysis for Rackspace Technology

ps-multiple-vs-industry
NasdaqGS:RXT Price to Sales Ratio vs Industry June 19th 2025

How Rackspace Technology Has Been Performing

While the industry has experienced revenue growth lately, Rackspace…

Source link