After months of disappointment and a plummeting stock price, Rackspace Hosting, Inc. (NYSE:RAX) finally managed a quarterly performance worthy of an after-hours pop. Rackspace Hosting, Inc. (NYSE:RAX) net profit margin is 5.70% and weekly performance is 7.83%. On last trading day company shares ended up $29.88. Analysts mean target price for the company is $44.95. Rackspace Hosting, Inc. (NYSE:RAX) distance from 50-day simple moving average (SMA50) is -7.06%.
Xerox Corp (NYSE:XRX) EVP Lima Armando Zagalo De sold 29,317 shares of Xerox Corp stock on the open market in a transaction dated Thursday, May 8th. Xerox Corp (NYSE:XRX) shares advanced 0.67% in last trading session and ended the day on $12.09. XRX gross Margin is 30.90% and its return on assets is 3.90%.Xerox Corp (NYSE:XRX) quarterly performance is 15.03%.
Navient Corp (NASDAQ:NAVI) placed some of the blame for its actions on the federal government. According to the company, federal authorities have effectively changed how they enforce the service member law and are now punishing Navient for failing to comply with what Navient describes as new standards. Navient Corp (NASDAQ:NAVI) shares moved down -0.63% in last trading session and was closed at $15.85, while trading in range of $15.78 – $16.13. Navient Corp (NASDAQ:NAVI) year to date (YTD) performance is -6.71%.
Virtusa Corporation (NASDAQ:VRTU) reported Q4 EPS of $0.35, $0.01 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $111.1 million versus the consensus estimate of $111.53 million. Virtusa Corporation (NASDAQ:VRTU) ended the last trading day at $35.07. Company weekly volatility is calculated as 5.72% and price to cash ratio as 7.62.Virtusa Corporation (NASDAQ:VRTU) showed a positive weekly performance of 7.41%.