Analysts await Rackspace Hosting, Inc (NASDAQ:RAX) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.22 EPS, up 9.09% or $0.02 from last year’s $0.2 per share.

At the moment 22 analysts are watching Rackspace Hosting, Inc (NASDAQ:RAX), 6 rate it “Buy”, 3 “Outperform”, 12 “Underperform”, 0 “Sell”, while 1 “Hold”.

Looking forward, for the quarter ending Jun-16, 18 analysts have a mean sales target of 523.57 million. For the quarter ending Sep-16, 18 analysts have a mean sales target of 534.04 million whilst for the year ending Dec-16, 21 analysts have a mean target of 2,122.34 million.

In terms of earnings per share, 19 analysts have a 0.22 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 19 analysts have a 0.25 EPS mean target and for the quarter ending Sep-16 there are 20 estimates of 0.96 EPS.

The biggest institutional shareholders in Rackspace Hosting, Inc include Fidelity Management and Research Company which owns 20 million shares in the company valued at $511.57 million. Blue Harbour Group, LP is the second biggest holder with 11 million shares currently valued at 289.25 million whilst Vanguard Group Inc has 8 million shares valued at 208.41 million.

Total shares held by institutions as of the most recent company filings are 108,676,239 with a reported 16,254,436 bought and 15,386,760 sold. These holdings make up 82.9% of the company’s outstanding shares.

Currently insiders hold 3,172,219 shares in the business which makes up 2.42% of shares. The biggest holder currently is A. Lanham Napier who owns 886,253 shares (0.68% of those outstanding), whilst Mr. William Taylor Rhodes holds 245,987 (0.19% of shares outstanding) and Graham Weston holds 238,823 (0.18% of shares outstanding).

The stock increased 2.01% or $0.44 during the last trading session, hitting $31.00. Rackspace Hosting, Inc (NASDAQ:RAX) has risen 12.61% over the past 6 months and is uptrending.