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S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
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Is Graphite the New Lithium? (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
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Is Graphite the New Lithium? (Ad)
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Is Graphite the New Lithium? (Ad)
Okta, Inc: When Great Results Aren’t Good Enough 
C3.AI's Lukewarm Earnings: Failing to Cash in on AI Boom?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
20 Best Healthcare Dividend Stocks to Invest in
Is Graphite the New Lithium? (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
Is Graphite the New Lithium? (Ad)
What is the Penalty for Excess Contributions to an IRA?
Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come
Is Graphite the New Lithium? (Ad)
Okta, Inc: When Great Results Aren’t Good Enough 
C3.AI's Lukewarm Earnings: Failing to Cash in on AI Boom?
NYSE:RHT

Red Hat (RHT) Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
N/A
50-Day Range
$187.71
$187.76
52-Week Range
N/A
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 (NYSE:RHT) Stock

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.

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RHT Stock News Headlines

Is Graphite the New Lithium?
Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.
Is Graphite the New Lithium?
Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.
Red Hat cutting workforce by 4 percent
How Will IBM Stock Trend Post Q1 Earnings?
Red Button
See More Headlines


RHT Company Calendar

Last Earnings
6/20/2019
Today
6/02/2023

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
Book Value
$9.13 per share

Miscellaneous

Free Float
N/A
Market Cap
$33.43 billion
Optionable
Optionable
Beta
0.45

Key Executives

  • Mr. James M. WhitehurstMr. James M. Whitehurst (Age 51)
    Pres, CEO & Director
  • Mr. Eric R. Shander (Age 50)
    Exec. VP & CFO
  • Mr. Michael R. CunninghamMr. Michael R. Cunningham (Age 58)
    Exec. VP, Gen. Counsel & Corp. Sec.
  • Mr. Arun Oberoi (Age 64)
    Exec. VP of Global Sales & Services
  • Mr. Paul J. CormierMr. Paul J. Cormier (Age 62)
    Exec. VP and Pres of Products & Technologies













RHT Stock - Frequently Asked Questions

How were Red Hat's earnings last quarter?

Red Hat Inc (NYSE:RHT) announced its quarterly earnings results on Thursday, June, 20th. The open-source software company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.86 by $0.14. The open-source software company had revenue of $934.10 million for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter last 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).

What is Red Hat's stock symbol?

Red Hat trades on the New York Stock Exchange (NYSE) under the ticker symbol "RHT."

How much money does Red Hat make?

Red Hat (NYSE:RHT) has a market capitalization of $0.00 and generates $3.36 billion in revenue each year. The open-source software company earns $433.99 million in net income (profit) each year or $2.79 on an earnings per share basis.

How many employees does Red Hat have?

The company employs 13,360 workers across the globe.

How can I contact Red Hat?

Red Hat's mailing address is 100 EAST DAVIE STREET, RALEIGH NC, 27601. The official website for the company is www.redhat.com. The open-source software company can be reached via phone at 919-754-3700 or via email at investorrelations@redhat.com.

This page (NYSE:RHT) was last updated on 6/2/2023 by MarketBeat.com Staff

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