Red Hat Company Profile (NYSE:RHT)

Analyst Ratings

Consensus Ratings for Red Hat (NYSE:RHT) (?)
Ratings Breakdown: 1 Sell Rating(s), 5 Hold Rating(s), 22 Buy Rating(s)
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $88.16 (19.88% upside)

Analysts' Ratings History for Red Hat (NYSE:RHT)
Show:
DateFirmActionRatingPrice TargetActions
7/7/2016Morgan StanleyDowngradeOverweight -> Equal Weight$72.18 -> $80.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/5/2016William BlairReiterated RatingOutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/5/2016Deutsche Bank AGReiterated RatingBuy$95.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/5/2016Citigroup Inc.Reiterated RatingBuy$90.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/2/2016Pacific CrestReiterated RatingOverweight$88.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/2/2016Needham & Company LLCReiterated RatingBuy$98.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/1/2016Jefferies GroupReiterated RatingHold$75.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/28/2016Drexel HamiltonReiterated RatingBuy$105.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/25/2016Credit Suisse Group AGReiterated RatingOutperform$95.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/23/2016MizuhoReiterated RatingBuy$88.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/23/2016Royal Bank Of CanadaReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/23/2016MKM PartnersReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/23/2016Stifel NicolausReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/23/2016Robert W. BairdReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/23/2016Raymond James Financial Inc.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/23/2016Oppenheimer Holdings Inc.Reiterated RatingBuy$88.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/23/2016BTIG ResearchReiterated RatingBuy$92.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/23/2016BMO Capital MarketsReiterated RatingOutperform$88.00 -> $85.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/15/2016Barclays PLCReiterated RatingOverweight$90.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/24/2016JPMorgan Chase & Co.Reiterated RatingOverweight$91.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/23/2016Goldman Sachs Group Inc.Lower Price TargetSell$80.00 -> $73.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/23/2016Bank of America Corp.Reiterated RatingNeutral$80.00 -> $78.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/18/2016Credit Agricole SAReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/16/2016Piper Jaffray Cos.Lower Price TargetOverweight$95.00 -> $78.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/11/2016SunTrust Banks Inc.Reiterated RatingBuy$73.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/18/2015SusquehannaBoost Price TargetPositive$86.00 -> $97.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/18/2015JMP SecuritiesBoost Price TargetMarket Outperform$86.00 -> $97.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/18/2015Cowen and CompanyBoost Price TargetMarket Perform$82.00 -> $86.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/26/2015Cantor FitzgeraldReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/25/2015Northland Capital PartnersBoost Price Target$85.00 -> $92.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/25/2015Northland SecuritiesReiterated RatingBuy$85.00 -> $92.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/19/2015OTR GlobalUpgradePositiveView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/8/2015Evercore ISIDowngradeBuy -> Hold$70.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/8/2014Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/26/2014 forward)

Earnings

Earnings History for Red Hat (NYSE:RHT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
9/19/2016        
6/22/2016Q117$0.50$0.50$562.76 million$567.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/22/2016Q416$0.47$0.52$537.20 million$544.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
12/17/2015Q316$0.46$0.48$521.66 million$523.60 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
9/21/2015Q216$0.44$0.47$504.10 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
6/18/2015Q116$0.41$0.44$481.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/25/2015Q415$0.41$0.43$464.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
12/18/2014Q315$0.40$0.42$455.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
9/18/2014Q215$0.38$0.41$446.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
6/18/2014Q115$0.33$0.34$413.97 million$423.80 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/27/2014Q414$0.37$0.39$398.84 million$400.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
12/19/2013Q3$0.35$0.42$383.13 million$397.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
9/23/2013Q214$0.33$0.35$372.10 million$374.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
6/19/2013Q1 2014$0.31$0.32$359.84 million$363.25 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/27/2013Q4 2013$0.30$0.36$349.64 million$347.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
12/20/2012Q3 2013$0.29$0.29$337.57 million$343.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
9/24/2012Q213$0.29$0.28$322.12 million$323.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
6/20/2012$0.27$0.30ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/28/2012$0.27$0.29ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
12/19/2011$0.26$0.28ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
9/21/2011$0.25$0.28ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
6/22/2011$0.22$0.24ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/23/2011$0.22$0.26ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
12/21/2010$0.20$0.20$227.26 million$235.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Red Hat (NYSE:RHT)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.30$0.30$0.30
Q2 20161$0.31$0.31$0.31
Q3 20161$0.35$0.35$0.35
Q4 20161$0.37$0.37$0.37
Q1 20171$0.39$0.39$0.39
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Red Hat (NYSE:RHT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Red Hat (NYSE:RHT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
7/19/2016Delisa AlexanderEVPSell2,395$72.83$174,427.85View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/11/2016Michael CunninghamEVPSell10,000$73.14$731,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/27/2016Delisa AlexanderEVPSell12,516$74.00$926,184.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/21/2016Delisa AlexanderEVPSell6,984$75.77$529,177.68View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/21/2016James M WhitehurstCEOSell16,239$75.62$1,227,993.18View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/19/2016Delisa AlexanderEVPSell1,503$75.25$113,100.75View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/8/2016William S KaiserDirectorSell18,972$80.15$1,520,605.80View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/22/2015Arun OberoiEVPSell9,300$80.81$751,533.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/6/2015Michael CunninghamEVPSell5,000$80.78$403,900.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/19/2015Delisa AlexanderEVPSell1,177$77.25$90,923.25View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/19/2015James M. WhitehurstCEOSell3,930$77.25$303,592.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/17/2015Delisa AlexanderEVPSell2,928$80.28$235,059.84View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/17/2015James M WhitehurstCEOSell10,495$80.21$841,803.95View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/17/2015Jeff ClarkeDirectorSell4,500$79.68$358,560.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/29/2015Michael CunninghamEVPSell19,000$75.75$1,439,250.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/28/2015William S KaiserDirectorSell70,112$76.60$5,370,579.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/21/2015Arun OberoiEVPSell8,696$75.25$654,374.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/20/2015Charles E Peters JrCFOSell7,550$74.11$559,530.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/20/2015James M WhitehurstCEOSell13,205$74.20$979,811.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/20/2015Paul J CormierEVPSell7,482$74.11$554,491.02View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/17/2015Charles E Peters JrCFOSell2,298$73.76$169,500.48View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/17/2015Delisa AlexanderEVPSell1,503$73.76$110,861.28View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/17/2015James M WhitehurstCEOSell4,459$73.76$328,895.84View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/15/2015William S KaiserDirectorSell25,000$75.67$1,891,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/9/2015Delisa AlexanderEVPSell1,426$64.61$92,133.86View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/6/2015Donald H LivingstoneDirectorSell2,000$65.13$130,260.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/4/2015William S KaiserDirectorSell25,844$65.01$1,680,118.44View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/23/2015Marye Anne FoxDirectorSell8,000$66.26$530,080.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/12/2015Jeff ClarkeDirectorSell5,000$67.60$338,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/8/2015Charles E Peters JrCFOSell10,263$69.15$709,686.45View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/8/2015Michael CunninghamEVPSell12,500$70.00$875,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/15/2014Charles E Peters JrCFOSell35,309$60.00$2,118,540.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/30/2014Michael CunninghamEVPSell10,000$57.50$575,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/17/2014Brian StevensEVPSell5,885$55.00$323,675.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/14/2014William S KaiserDirectorSell3,199$55.04$176,072.96View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/10/2014William S KaiserDirectorSell4,169$55.09$229,670.21View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/9/2014William S KaiserDirectorSell2,632$55.00$144,760.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/1/2014Michael CunninghamEVPSell10,000$55.36$553,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/19/2014Brian StevensEVPSell48,631$56.12$2,729,171.72View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/29/2014Delisa AlexanderEVPSell11,074$48.29$534,763.46View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/22/2014Delisa AlexanderEVPSell8,913$50.87$453,404.31View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/17/2014Delisa AlexanderEVPSell1,432$50.42$72,201.44View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/22/2014James WhitehurstCEOSell12,500$60.00$750,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/22/2014William KaiserDirectorSell7,500$59.13$443,475.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/17/2014Delisa AlexanderEVPSell1,346$58.89$79,265.94View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/27/2013Michael CunninghamEVPSell20,000$56.25$1,125,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/20/2013James WhitehurstCEOSell37,500$56.90$2,133,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/20/2013Mark CookVPSell4,611$56.30$259,599.30View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/17/2013Delisa AlexanderEVPSell1,494$43.23$64,585.62View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/1/2013Jeff ClarkeDirectorSell3,829$52.56$201,252.24View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/1/2013Michael CunninghamEVPSell10,000$52.50$525,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/18/2013Donald H LivingstoneDirectorSell1,200$50.27$60,324.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/17/2013Delisa AlexanderEVPSell2,568$49.58$127,321.44View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/17/2013William S KaiserDirectorSell5,000$49.52$247,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/26/2012Charles E Peters JrCFOSell5,000$54.04$270,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/26/2012James M WhitehurstCEOSell12,738$53.37$679,827.06View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/5/2012General Henry Hugh SheltonDirectorSell5,000$55.60$278,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Red Hat (NYSE:RHT)
DateHeadline
07/26/16 08:47 AMRed Hat, Inc. :RHT-US: Earnings Analysis: Q1, 2017 By the Numbers : July 26, 2016 -
07/25/16 06:17 PMAnalysts Watch on Price Target Estimates: Red Hat Inc (NYSE:RHT) - Post Registrar
07/23/16 09:59 AMFriday Session Wrap-up for Red Hat, Inc. (NYSE:RHT) - Engelwood Daily
07/22/16 02:22 PMETF’s with exposure to Red Hat, Inc. : July 22, 2016 -
07/21/16 08:59 AMHigh Expectations Remain For Red Hat, Inc. (NYSE:RHT) - TGP
07/21/16 08:59 AMRecommendation Trends Analysis: Red Hat, Inc. (NYSE:RHT) - News Oracle
07/21/16 08:59 AMRed Hat Inc (NYSE:RHT): Strong Price Momentum But will It Sustain? - Street Report
07/20/16 08:58 AMHenderson Group Plc Decreased Stake in Red Hat INC (NYSE:RHT) by $3.87 Million as Shares Declined - Press Telegraph
07/20/16 07:00 AMRed Hat Introduces Ansible Tower 3 with Enhanced Capabilities for Scaling IT Automation across the Enterprise - [Business Wire] - Red Hat, Inc. , the world’s leading provider of open source solutions, today announced the general availability of Ansible Tower 3, the latest version of its enterprise-grade agentless automation platform.
07/19/16 06:16 PMTarget to Tech Stock Movement: Red Hat, Inc.s (RHT)
07/19/16 07:06 AMGagnon Securities LLC Decreased Stake in Red Hat INC (NYSE:RHT) by $3.19 Million as Shares Declined - Press Telegraph
07/19/16 07:06 AMCrowd Rating and Earnings Recap for Red Hat, Inc. (NYSE:RHT) - TGP
07/19/16 07:06 AMRed Hat, Inc. (NYSE:RHT) Insiders Look Pessimistic About Prospects - Review Fortune
07/17/16 05:31 PMAnalysts Are Expecting this Stock to Rise: Red Hat, Inc. (NYSE:RHT) - TGP
07/16/16 12:04 PMRED HAT INC Financials -
07/16/16 09:22 AMTech Stocks Reports: Globalstar, Inc. (NYSEMKT:GSAT), Red Hat Inc (NYSE:RHT) - share market updates (press release)
07/16/16 09:22 AMPrice Target Update: Red Hat, Inc. (NYSE:RHT) - News Oracle
07/15/16 12:49 PMFastweb builds its first Cloud offering for the Italian enterprise market on Red Hat OpenStack Platform - [at noodls] - MILAN - July 5, 2016- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that FastWeb has renewed its first cloud offering for the Italian enterprise market ...
07/13/16 06:30 PMSustainable Growth Advisers LP Increased Red Hat INC (NYSE:RHT) by $53.97 Million as Shares Declined - Press Telegraph
07/13/16 06:30 PMLeading stocks in today's market: Red Hat, Inc. (NYSE:RHT) - Twin County News
07/13/16 05:38 PMIntroducing Metapod 4.0 Now Powered by Red Hat - [at noodls] - Cisco Blog > Cloud Cloud Niki Acosta - July 13, 2016 - 0 Comments In September of 2014, Cisco announced its intent to acquire Metacloud. For those of us working at Metacloud, it was an exciting day. ...
07/12/16 06:22 PMStock Down on the Year Red Hat, Inc. (NYSE:RHT) - Press Telegraph
07/10/16 05:24 PMStock Performance Rundown on: Red Hat, Inc. (NYSE:RHT) - Press Telegraph
07/10/16 05:24 PMNext Weeks Broker Price Targets For Red Hat, Inc. (NYSE:RHT) - Fiscal Standard
07/09/16 09:15 AMRevenue Estimates Analysis: Red Hat, Inc. (NYSE:RHT) - News Oracle
07/08/16 10:06 AMWhat Analysts Are Saying about Oracle Now -
07/08/16 08:59 AMRed Hat, Inc. (NYSE:RHT) from Application Software – Todays Top Gains - Twin County News
07/08/16 08:59 AMPrevious Trading Session Wrap-Up: Red Hat, Inc. (NYSE:RHT) - Press Telegraph
07/08/16 08:59 AMBroker Outlook For Red Hat, Inc. (NYSE:RHT) - Fiscal Standard
07/08/16 08:59 AMRed Hat Inc (RHT) Stock Downgraded At Morgan Stanley - TCC
07/08/16 08:47 AMIs Red Hat Inc. Stock on Your Buy List? It Should Be - The open-source software king can’t seem to shake the Street’s bearish sentiment, which is great news for value investors.
07/07/16 05:04 PMRed Hat: Morgan Stanley Cuts to Hold on Risk of Public Cloud, Containers - [at Barrons.com] - Shares of Linux and open source software distributor Red Hat (RHT) today closed down 76 cents, or 1%, at $71.42, after Morgan Stanley’s Keith Weiss cut his rating on the shares to Equal Weight from Overweight, while maintaining an $80 price target, writing that the company is at risk of being pushed aside by the move of companies to public cloud computing of the sort offered by Amazon.com (AMZN). After a fiscal Q3 report two weeks ago that was disappointing to some investors, and after the subsequent company analyst day meeting, Weiss writes that "While Red Hat appears better positioned than its infrastructure rivals as workloads shift to public and private cloud environments, we come away from Analyst Day unconvinced there remains material upside to our billings, margins, and FCF projections." Weiss is worried licenses to Red Hat’s distribution of Linux, its “Red Hat Enterprise Linux,” or RHEL, the bread and butter, is going to be dented by spending on cloud: Following the trajectory of billings growth, cc growth in the infrastructure business slowed to 13% compared to 18% in 4Q16 and to 18% for all of FY16.
07/07/16 03:31 PMRed Hat (RHT) Stock Closed Lower on Morgan Stanley Downgrade - [at TheStreet] - Red Hat (RHT) stock closed in the red on Thursday after Morgan Stanley cut its rating on shares to 'equal weight.'
07/07/16 03:20 PMRED HAT INC Files SEC form 10-Q, Quarterly Report -
07/07/16 08:56 AMMorgan Stanley Downgrades Red Hat, Cites Valuation
07/07/16 08:41 AMRed Hat Summit 2016 – A Review of key moments - [at noodls] - Cisco Blog > Cloud Cloud Ravi Balakrishnan - July 7, 2016 - 0 Comments Red Hat Summit 2016 in San Francisco is an ideal setting to experience the power of open source in enterprise, for customers, partners ...
07/06/16 10:47 AMRed Hat CloudForms expands public cloud management with Google Cloud Platform, improves Microsoft Azure capabilities, and adds SDN support
07/03/16 10:15 AMAnalysts and Technical Insights on Red Hat Inc (NYSE:RHT) - Street Report
07/03/16 10:15 AMRed Hat Inc (RHT) Reiterated as Buy, Price Target Reduced to $85 Following Analyst Day: UBS - TCC
07/02/16 08:49 AMRed Hat Shares Still Attractively Valued, Says Deutsche
07/02/16 08:49 AMRed Hat Inc (RHT) Reiterated as Buy, Price Target Reduced to $85 Following Analyst Day: UBS
07/01/16 06:09 PMActive Stock to Observe: Nielsen Holdings plc (NYSE:NLSN), Red Hat, Inc. (NYSE:RHT) - Money News (press release)
07/01/16 06:09 PMRed Hat's Massive Opportunity In Hybrid Cloud - Benzinga
07/01/16 02:20 PMCiti Sees 24% Upside In Red Hat Shares - Citi sees a 24 percent upside in the shares of Red Hat Inc (NYSE: RHT) as it has confidence in the company's growth opportunity from share gains and success of bundling higher-value technology (Openshift, EAP, storage, etc.). "We see consensus concern in infrastructure around public cloud to be mis-placed here and as growth is sustained through public cloud ramp, we see ...Full story available on Benzinga.com
07/01/16 08:53 AMRed Hat's Massive Opportunity In Hybrid Cloud
06/30/16 11:11 AMRed Hat Announces 2016 Women in Open Source Award Winners - [at noodls] - SAN FRANCISCO - June 30, 2016- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced Jessica McKellar, director of engineering and chief of staff to the vice ...
06/30/16 11:11 AMRed Hat Summit 2017 Dates Announced - [at noodls] - SAN FRANCISCO - June 30, 2016- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that the 13th annual Red Hat Summit will take place at the Boston Convention ...
06/30/16 11:01 AMRed Hat Keynote Open Source: the Forefront of Innovation - [at noodls] - Cisco Blog > Cloud Cloud David Evert - June 30, 2016 - 0 Comments Though a long time IT guy and Cisco veteran, when it comes to Open Source, containers, really the future of data centers - I'm a newbie! ...
06/30/16 08:57 AMRed Hat CloudForms Expands Public Cloud Management with …
06/30/16 08:57 AMRed Hat unleashes the power of Linux containers with industry's broadest solution set

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About Red Hat

Red Hat logoRed Hat, Inc. is a provider of open source software solutions, using a community-powered approach to develop and offer operating system, virtualization, middleware, storage and cloud technologies. The Company employs an open source development model. The open source development model allows it to use the collective input, resources and knowledge of a global community of contributors who can collaborate to develop, maintain and enhance software because the human-readable source code for that software is publicly available and licenses permit modification. The Company distributes its software offerings under open source licenses that permit access to the software's human-readable source code. The Company provides its software offerings primarily under annual or multi-year subscriptions as well as on-demand through cloud service providers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: Systems Software
  • Exchange: NYSE
  • Symbol: RHT
  • CUSIP: 75657710
Key Metrics:
  • Previous Close: $73.54
  • 50 Day Moving Average: $74.8232
  • 200 Day Moving Average: $72.5601
  • P/E Ratio: 65.3618
  • P/E Growth: 1.9100
  • Market Cap: $13.49B
  • Beta: 1.34
  • Current Year EPS Consensus Estimate: $1.48 EPS
  • Next Year EPS Consensus Estimate: $1.74 EPS
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Red Hat (NYSE:RHT) Chart for Tuesday, July, 26, 2016