NYSE:RHT

Red Hat (RHT) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$187.60
$187.81
50-Day Range
$187.71
$187.76
52-Week Range
$115.31
$189.14
Volume
999,351 shs
Average Volume
1.59 million shs
Market Capitalization
$33.43 billion
P/E Ratio
67.28
Dividend Yield
N/A
Price Target
N/A
RHT stock logo

About Red Hat Stock (NYSE:RHT)

Red Hat, Inc. provides open source software solutions to develop and offer operating system, virtualization, management, middleware, cloud, mobile, and storage technologies to various enterprises worldwide. It offers infrastructure-related solutions, such as Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in hybrid cloud environments; Red Hat Satellite, a system management offering that helps to deploy, scale, and manage in hybrid cloud environments; and Red Hat Enterprise Virtualization, a software solution that allows customers to utilize and manage a common hardware infrastructure to run multiple operating systems and applications. The company offers application development-related and other technology solutions, such as Red Hat JBoss Middleware, a solution for developing, deploying, and managing applications; integrating applications, data, and devices; and automating business processes in hybrid cloud environments; The company's application development-related and other technology solutions also includes Red Hat cloud offerings, a software solution that enables customers to build and manage various cloud computing environments; Red Hat Mobile, a software development platform that enables customers to develop, integrate, deploy, and manage mobile applications for enterprises; and Red Hat Storage, a software solution that enables customers to manage large, unstructured, or semi-structured data in hybrid cloud environments. It also provides consulting, support, and training services; and realtime operating system, distributed computing, directory services, and user authentication. Red Hat, Inc. has collaboration with Juniper Networks Expand to provide a unified solution for enterprises designed to manage and run applications and services. The company was formerly known as Red Hat Software, Inc. and changed its name to Red Hat, Inc. in June 1999. Red Hat, Inc. was founded in 1993 and is headquartered in Raleigh, North Carolina.

RHT Stock News Headlines

What's keeping Red Hat in Downtown Raleigh
Radio is seeing red
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Company Calendar

Last Earnings
6/20/2019
Today
5/14/2024

Industry, Sector and Symbol

Industry
Computer Programming, Data Processing, & Other Computer Related
Sub-Industry
Systems Software
Previous Symbol
NASDAQ:RHAT
CUSIP
75657710
Fax
N/A
Employees
13,360
Year Founded
N/A

Profitability

Net Income
$433.99 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$3.36 billion
Cash Flow
$3.63 per share
Book Value
$9.13 per share

Miscellaneous

Free Float
N/A
Market Cap
$33.43 billion
Optionable
Optionable
Beta
0.45
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RHT Stock Analysis - Frequently Asked Questions

How were Red Hat's earnings last quarter?

Red Hat Inc (NYSE:RHT) issued its quarterly earnings results on Thursday, June, 20th. The open-source software company reported $1.00 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.14. The open-source software company had revenue of $934.10 million for the quarter, compared to analyst estimates of $931.58 million. Red Hat had a trailing twelve-month return on equity of 36.67% and a net margin of 13.26%. The company's quarterly revenue was up 14.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.72 earnings per share.

What other stocks do shareholders of Red Hat own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Red Hat investors own include Alibaba Group (BABA), NVIDIA (NVDA), Salesforce (CRM), Netflix (NFLX), Adobe (ADBE), Intel (INTC), Micron Technology (MU), Broadcom (AVGO), Tesla (TSLA) and Visa (V).

This page (NYSE:RHT) was last updated on 5/14/2024 by MarketBeat.com Staff

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