Red Hat Company Profile (NYSE:RHT)

About Red Hat

Red Hat logoRed Hat, Inc. (Red Hat) provides open source software solutions, using a community-powered approach to develop and offer operating system, virtualization, management, middleware, cloud, mobile and storage technologies. Red Hat operates through three geographical segments: the Americas, including the United States, Canada and Latin America; EMEA, including Europe, Middle East and Africa, and Asia Pacific. Its products and services include infrastructure-related offerings, application development-related and other technology offerings, and consulting, support and training services. Its infrastructure-related offerings include Red Hat Enterprise Linux, Red Hat Satellite and Red Hat Enterprise Virtualization. Its application development-related and other technology offerings include Red Hat JBoss Middleware, Red Hat cloud offerings, Red Hat Mobile and Red Hat Storage. Its consulting services include upgrade planning, platform migrations, solution integration and application development.

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: $76.91
  • 50 Day Moving Average: $77.12
  • 200 Day Moving Average: $75.10
  • 52-Week Range: $59.59 - $84.44
  • Trailing P/E Ratio: 65.31
  • Foreward P/E Ratio: 43.21
  • P/E Growth: 2.06
  • Market Cap: $13.95B
  • Outstanding Shares: 179,596,000
  • Beta: 1.53
  • Net Margins: 9.84%
  • Return on Equity: 18.93%
  • Return on Assets: 6.22%
  • Debt-to-Equity Ratio: 0.56%
  • Current Ratio: 1.22%
  • Quick Ratio: 1.22%
Additional Links:
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Analyst Ratings

Consensus Ratings for Red Hat (NYSE:RHT) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 22 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $89.44 (16.30% upside)

Analysts' Ratings History for Red Hat (NYSE:RHT)
DateFirmActionRatingPrice TargetDetails
9/30/2016MizuhoReiterated RatingBuy$88.00View Rating Details
9/23/2016MKM PartnersReiterated RatingNeutral$75.00View Rating Details
9/23/2016Raymond James Financial Inc.Reiterated RatingOutperform$85.00 -> $90.00View Rating Details
9/23/2016Credit Agricole SAReiterated RatingBuy$99.00View Rating Details
9/23/2016Drexel HamiltonReiterated RatingBuy$105.00 -> $110.00View Rating Details
9/23/2016William BlairReiterated RatingOutperformView Rating Details
9/22/2016Oppenheimer Holdings Inc.Set Price TargetBuy$88.00View Rating Details
9/22/2016JMP SecuritiesReiterated RatingBuyView Rating Details
9/23/2016Robert W. BairdBoost Price TargetOutperform$85.00 -> $90.00View Rating Details
9/22/2016Bank of America Corp.Reiterated RatingHold$90.00View Rating Details
9/22/2016Barclays PLCReiterated RatingBuy$90.00View Rating Details
9/22/2016Citigroup Inc.Boost Price TargetBuy$90.00 -> $92.00View Rating Details
9/22/2016Jefferies GroupReiterated RatingHold -> Hold$75.00 -> $79.00View Rating Details
9/22/2016BMO Capital MarketsBoost Price TargetOutperform$85.00 -> $89.00View Rating Details
8/13/2016Deutsche Bank AGReiterated RatingBuy$95.00View Rating Details
7/7/2016Morgan StanleyDowngradeOverweight -> Equal Weight$72.18 -> $80.00View Rating Details
7/2/2016Pacific CrestReiterated RatingOverweight$88.00View Rating Details
7/2/2016Needham & Company LLCReiterated RatingBuy$98.00View Rating Details
6/25/2016Credit Suisse Group AGReiterated RatingOutperform$95.00View Rating Details
6/23/2016Royal Bank Of CanadaReiterated RatingBuyView Rating Details
6/23/2016Stifel NicolausReiterated RatingBuyView Rating Details
6/23/2016BTIG ResearchReiterated RatingBuy$92.00View Rating Details
3/24/2016JPMorgan Chase & Co.Reiterated RatingOverweight$91.00View Rating Details
3/23/2016Goldman Sachs Group Inc.Lower Price TargetSell$80.00 -> $73.00View Rating Details
2/16/2016Piper Jaffray Cos.Lower Price TargetOverweight$95.00 -> $78.00View Rating Details
1/11/2016SunTrust Banks Inc.Reiterated RatingBuy$73.00View Rating Details
12/18/2015SusquehannaBoost Price TargetPositive$86.00 -> $97.00View Rating Details
12/18/2015Cowen and CompanyBoost Price TargetMarket Perform$82.00 -> $86.00View Rating Details
6/26/2015Cantor FitzgeraldReiterated RatingBuyView Rating Details
6/25/2015Northland Capital PartnersBoost Price Target$85.00 -> $92.00View Rating Details
6/25/2015Northland SecuritiesReiterated RatingBuy$85.00 -> $92.00View Rating Details
3/19/2015OTR GlobalUpgradePositiveView Rating Details
1/8/2015Evercore ISIDowngradeBuy -> Hold$70.00View Rating Details
12/8/2014Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details
(Data available from 10/28/2014 forward)


Earnings History for Red Hat (NYSE:RHT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/21/2016Q217$0.54$0.55$599.80 millionViewListenView Earnings Details
6/22/2016Q117$0.50$0.50$562.76 million$567.90 millionViewListenView Earnings Details
3/22/2016Q416$0.47$0.52$537.20 million$544.00 millionViewListenView Earnings Details
12/17/2015Q316$0.46$0.48$521.66 million$523.60 millionViewListenView Earnings Details
9/21/2015Q216$0.44$0.47$504.10 millionViewListenView Earnings Details
6/18/2015Q116$0.41$0.44$481.00 millionViewListenView Earnings Details
3/25/2015Q415$0.41$0.43$464.00 millionViewListenView Earnings Details
12/18/2014Q315$0.40$0.42$455.90 millionViewN/AView Earnings Details
9/18/2014Q215$0.38$0.41$446.00 millionViewListenView Earnings Details
6/18/2014Q115$0.33$0.34$413.97 million$423.80 millionViewListenView Earnings Details
3/27/2014Q414$0.37$0.39$398.84 million$400.00 millionViewListenView Earnings Details
12/19/2013Q3$0.35$0.42$383.13 million$397.00 millionViewListenView Earnings Details
9/23/2013Q214$0.33$0.35$372.10 million$374.00 millionViewN/AView Earnings Details
6/19/2013Q1 2014$0.31$0.32$359.84 million$363.25 millionViewN/AView Earnings Details
3/27/2013Q4 2013$0.30$0.36$349.64 million$347.90 millionViewN/AView Earnings Details
12/20/2012Q3 2013$0.29$0.29$337.57 million$343.60 millionViewN/AView Earnings Details
9/24/2012Q213$0.29$0.28$322.12 million$323.00 millionViewN/AView Earnings Details
6/20/2012$0.27$0.30ViewN/AView Earnings Details
3/28/2012$0.27$0.29ViewN/AView Earnings Details
12/19/2011$0.26$0.28ViewN/AView Earnings Details
9/21/2011$0.25$0.28ViewN/AView Earnings Details
6/22/2011$0.22$0.24ViewN/AView Earnings Details
3/23/2011$0.22$0.26ViewN/AView Earnings Details
12/21/2010$0.20$0.20$227.26 million$235.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Red Hat (NYSE:RHT)
Current Year EPS Consensus Estimate: $1.49 EPS
Next Year EPS Consensus Estimate: $1.78 EPS
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)


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

Insider Trades

Insider Trading History for Red Hat (NYSE:RHT)
Insider Ownership Percentage: 0.76%
Institutional Ownership Percentage: 94.83%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/18/2016Delisa AlexanderEVPSell1,121$77.00$86,317.00View SEC Filing  
10/3/2016Michael CunninghamEVPSell15,000$80.42$1,206,300.00View SEC Filing  
10/3/2016William S KaiserDirectorSell12,500$80.35$1,004,375.00View SEC Filing  
9/30/2016General Henry Hugh SheltonDirectorSell15,000$80.70$1,210,500.00View SEC Filing  
7/26/2016Michael CunninghamEVPSell10,000$75.00$750,000.00View SEC Filing  
7/19/2016Delisa AlexanderEVPSell2,395$72.83$174,427.85View SEC Filing  
7/11/2016Michael CunninghamEVPSell10,000$73.14$731,400.00View SEC Filing  
4/27/2016Delisa AlexanderEVPSell12,516$74.00$926,184.00View SEC Filing  
4/21/2016Delisa AlexanderEVPSell6,984$75.77$529,177.68View SEC Filing  
4/21/2016James M WhitehurstCEOSell16,239$75.62$1,227,993.18View SEC Filing  
4/19/2016Delisa AlexanderEVPSell1,503$75.25$113,100.75View SEC Filing  
1/8/2016William S KaiserDirectorSell18,972$80.15$1,520,605.80View SEC Filing  
12/22/2015Arun OberoiEVPSell9,300$80.81$751,533.00View SEC Filing  
11/6/2015Michael CunninghamEVPSell5,000$80.78$403,900.00View SEC Filing  
10/19/2015Delisa AlexanderEVPSell1,177$77.25$90,923.25View SEC Filing  
10/19/2015James M. WhitehurstCEOSell3,930$77.25$303,592.50View SEC Filing  
7/17/2015Delisa AlexanderEVPSell2,928$80.28$235,059.84View SEC Filing  
7/17/2015James M WhitehurstCEOSell10,495$80.21$841,803.95View SEC Filing  
7/17/2015Jeff ClarkeDirectorSell4,500$79.68$358,560.00View SEC Filing  
4/29/2015Michael CunninghamEVPSell19,000$75.75$1,439,250.00View SEC Filing  
4/28/2015William S KaiserDirectorSell70,112$76.60$5,370,579.20View SEC Filing  
4/21/2015Arun OberoiEVPSell8,696$75.25$654,374.00View SEC Filing  
4/20/2015Charles E Peters JrCFOSell7,550$74.11$559,530.50View SEC Filing  
4/20/2015James M WhitehurstCEOSell13,205$74.20$979,811.00View SEC Filing  
4/20/2015Paul J CormierEVPSell7,482$74.11$554,491.02View SEC Filing  
4/17/2015Charles E Peters JrCFOSell2,298$73.76$169,500.48View SEC Filing  
4/17/2015Delisa AlexanderEVPSell1,503$73.76$110,861.28View SEC Filing  
4/17/2015James M WhitehurstCEOSell4,459$73.76$328,895.84View SEC Filing  
4/15/2015William S KaiserDirectorSell25,000$75.67$1,891,750.00View SEC Filing  
2/9/2015Delisa AlexanderEVPSell1,426$64.61$92,133.86View SEC Filing  
2/6/2015Donald H LivingstoneDirectorSell2,000$65.13$130,260.00View SEC Filing  
2/4/2015William S KaiserDirectorSell25,844$65.01$1,680,118.44View SEC Filing  
1/23/2015Marye Anne FoxDirectorSell8,000$66.26$530,080.00View SEC Filing  
1/12/2015Jeff ClarkeDirectorSell5,000$67.60$338,000.00View SEC Filing  
1/8/2015Charles E Peters JrCFOSell10,263$69.15$709,686.45View SEC Filing  
1/8/2015Michael CunninghamEVPSell12,500$70.00$875,000.00View SEC Filing  
8/15/2014Charles E Peters JrCFOSell35,309$60.00$2,118,540.00View SEC Filing  
7/30/2014Michael CunninghamEVPSell10,000$57.50$575,000.00View SEC Filing  
7/17/2014Brian StevensEVPSell5,885$55.00$323,675.00View SEC Filing  
7/14/2014William S KaiserDirectorSell3,199$55.04$176,072.96View SEC Filing  
7/10/2014William S KaiserDirectorSell4,169$55.09$229,670.21View SEC Filing  
7/9/2014William S KaiserDirectorSell2,632$55.00$144,760.00View SEC Filing  
7/1/2014Michael CunninghamEVPSell10,000$55.36$553,600.00View SEC Filing  
6/19/2014Brian StevensEVPSell48,631$56.12$2,729,171.72View SEC Filing  
4/29/2014Delisa AlexanderEVPSell11,074$48.29$534,763.46View SEC Filing  
4/22/2014Delisa AlexanderEVPSell8,913$50.87$453,404.31View SEC Filing  
4/17/2014Delisa AlexanderEVPSell1,432$50.42$72,201.44View SEC Filing  
1/22/2014James WhitehurstCEOSell12,500$60.00$750,000.00View SEC Filing  
1/22/2014William KaiserDirectorSell7,500$59.13$443,475.00View SEC Filing  
1/17/2014Delisa AlexanderEVPSell1,346$58.89$79,265.94View SEC Filing  
12/27/2013Michael CunninghamEVPSell20,000$56.25$1,125,000.00View SEC Filing  
12/20/2013James WhitehurstCEOSell37,500$56.90$2,133,750.00View SEC Filing  
12/20/2013Mark CookVPSell4,611$56.30$259,599.30View SEC Filing  
10/17/2013Delisa AlexanderEVPSell1,494$43.23$64,585.62View SEC Filing  
8/1/2013Jeff ClarkeDirectorSell3,829$52.56$201,252.24View SEC Filing  
8/1/2013Michael CunninghamEVPSell10,000$52.50$525,000.00View SEC Filing  
7/18/2013Donald H LivingstoneDirectorSell1,200$50.27$60,324.00View SEC Filing  
7/17/2013Delisa AlexanderEVPSell2,568$49.58$127,321.44View SEC Filing  
7/17/2013William S KaiserDirectorSell5,000$49.52$247,600.00View SEC Filing  
12/26/2012Charles E Peters JrCFOSell5,000$54.04$270,200.00View SEC Filing  
12/26/2012James M WhitehurstCEOSell12,738$53.37$679,827.06View SEC Filing  
10/5/2012General Henry Hugh SheltonDirectorSell5,000$55.60$278,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Red Hat (NYSE:RHT)
News IconRed Hat, Inc. (NYSE:RHT) from Application Software – Todays Top Gains (NYSE:RHT) - October 28 at 10:53 AM logoCommunications Leaders Choose Red Hat OpenStack Platform for Powering Cloud Deployments to Deliver New Services (NYSE:RHT) - October 27 at 12:04 PM
News IconRed Hat Achieves Common Criteria Security Certification for Red Hat Enterprise Linux 7 - Yahoo Sports (NYSE:RHT) - October 26 at 7:04 PM logoRed Hat Stock Sees Short Interest Make 21% Move (NYSE:RHT) - October 26 at 2:46 PM logoCommunications Leaders Choose Red Hat OpenStack Platform for Powering Cloud Deployments to Deliver New ... - Business Wire (press release) (NYSE:RHT) - October 26 at 10:35 AM
News IconNewsmaking Penny Stock: Investors Checking Out Red Hat, Inc. (NYSE:RHT) - Duncan Research (NYSE:RHT) - October 26 at 10:35 AM logoRed Hat Achieves Common Criteria Security Certification for Red Hat Enterprise Linux 7 - Business Wire (press release) (NYSE:RHT) - October 26 at 10:35 AM logoRed Hat Achieves Common Criteria Security Certification for Red Hat Enterprise Linux 7 (NYSE:RHT) - October 26 at 10:35 AM logoRed Hat CEO: 'All things open' isn't just about technology (NYSE:RHT) - October 26 at 10:35 AM logoRed Hat : Produban Chooses Red Hat as Technology Partner to Deliver Modern Cloud Services with Kubernetes and Containers on OpenStack (NYSE:RHT) - October 25 at 7:07 PM logoRed Hat Named a Visionary in Gartner’s 2016 Magic Quadrant for Distributed File Systems and Object Storage (NYSE:RHT) - October 25 at 7:07 PM logoProduban Chooses Red Hat as Technology Partner to Deliver Modern Cloud Services with Kubernetes and Containers ... - Business Wire (press release) (NYSE:RHT) - October 25 at 12:14 PM
News IconRed Hat Inc. (RHT) EVP Sold $86,317.00 in Stock - Daily Quint ... - DailyQuint (NYSE:RHT) - October 25 at 12:13 PM logoProduban Chooses Red Hat as Technology Partner to Deliver Modern Cloud Services with Kubernetes and Containers on OpenStack (NYSE:RHT) - October 25 at 12:13 PM logoRed Hat : UKCloud Creates an Open Source Alternative for UK Public Sector with Red Hat OpenStack Platform (NYSE:RHT) - October 24 at 12:35 PM
News IconUKCloud Creates an Open Source Alternative for UK Public Sector with Red Hat OpenStack Platform (NYSE:RHT) - October 24 at 12:35 PM
News IconSwisscom Guides Customers into the Digital Age with Red Hat OpenStack Platform and Red Hat Virtualization (NYSE:RHT) - October 24 at 12:35 PM
News IconRed Hat and Ericsson announce broad alliance to enable pervasive adoption of ... (NYSE:RHT) - October 24 at 12:35 PM logoWondering If VMware Is a Worthy Investment? Read This (NYSE:RHT) - October 24 at 12:35 PM
News IconActivity Reported By SEC: Red Hat INC (RHT) Shareholder Smith Asset Management Group LP Upped Position by ... - Chester News (NYSE:RHT) - October 19 at 3:39 PM logoNominations for 2017 Women in Open Source Awards Are Now Live (NYSE:RHT) - October 19 at 3:39 PM logoCLIMB Project Selects Red Hat Ceph Storage to Achieve Their Storage Needs to Support Medical Breakthroughs - Business Wire (press release) (NYSE:RHT) - October 18 at 6:55 PM logoCan Red Hat (RHT) Stock Continue to Grow Earnings? - Nasdaq (NYSE:RHT) - October 18 at 12:23 PM logoCLIMB Project Selects Red Hat Ceph Storage to Achieve Their Storage Needs to Support Medical Breakthroughs (NYSE:RHT) - October 18 at 12:23 PM logoCan Red Hat (RHT) Stock Continue to Grow Earnings? (NYSE:RHT) - October 18 at 12:23 PM
News IconRed Hat Inc: Why RHT Stock Can Pop 40% - Profit Confidential (NYSE:RHT) - October 16 at 11:21 AM
News IconA look at a High Market Cap Stock: Red Hat, Inc., RHT - The Daily Leicester (NYSE:RHT) - October 15 at 6:38 PM
News IconHigh Market Cap Stock of the Day – Red Hat, Inc. (NYSE:RHT) (NYSE:RHT) - October 14 at 6:47 PM
News IconBargain-Counter Stock or Pricey? Update on Red Hat, Inc. (NYSE:RHT) - CSZ News (NYSE:RHT) - October 13 at 7:12 PM logoRed Hat Expands Mobile Vision to Support Containerized Mobile App Development Based on Modern Application ... - Business Wire (press release) (NYSE:RHT) - October 13 at 10:45 AM
News IconLooking Ahead for Red Hat, Inc. (NYSE:RHT); Are These Shares Ready to Go Higher? - CSZ News (NYSE:RHT) - October 13 at 10:45 AM logoRed Hat Expands Mobile Vision to Support Containerized Mobile App Development Based on Modern Application Technologies (NYSE:RHT) - October 13 at 10:45 AM
News Icon2016 Red Hat Government Symposium to Highlight Open Source's Role in Government Digital Transformation (NYSE:RHT) - October 12 at 6:58 PM
News IconING Groep NV Takes Position in Red Hat Inc. (RHT) - DailyQuint (NYSE:RHT) - October 11 at 7:24 PM logoCall for Proposals for Red Hat Summit 2017 Now Open (NYSE:RHT) - October 11 at 7:24 PM
News IconWhat Wall Street is saying about Red Hat Inc (NYSE:RHT) - The Independent Republic (NYSE:RHT) - October 10 at 6:34 PM
News IconBroker Roundup For Red Hat, Inc. (NYSE:RHT) - The De Soto Edge - The De Soto Edge (NYSE:RHT) - October 9 at 6:20 PM
News Icon2 Stocks Analyst-Opinion Need Close Attention Red Hat Inc (NYSE:RHT), Mondelez International Inc (NASDAQ:MDLZ) - The Voice Registrar (NYSE:RHT) - October 7 at 6:44 PM
News IconSEC 13F Narrative: Red Hat INC Com (RHT) Shareholder Capital Counsel LLC Has Lifted Position by $12.99 Million - Chester News (NYSE:RHT) - October 7 at 6:44 PM logoWhy Red Hat, Inc. Gained 11% in September (NYSE:RHT) - October 7 at 9:25 AM logoRED HAT INC Files SEC form 10-Q, Quarterly Report (NYSE:RHT) - October 6 at 6:47 PM
News IconRegulatory Filing: Sustainable Growth Advisers LP Holding in Red Hat INC (RHT) Increased as Share Price Declined - Chester News (NYSE:RHT) - October 6 at 12:35 PM logoLoads of Insider Selling at Red Hat Inc. (RHT) and Argan Inc. (AGX), Plus 3 Other Notable Insider Moves - Insider Monkey (blog) (NYSE:RHT) - October 5 at 6:53 PM logoOne of America's favorite CEOs explains why it's okay to cry at work (NYSE:RHT) - October 5 at 6:53 PM
News IconLoads of Insider Selling at Red Hat Inc. (RHT) and Argan Inc. (AGX), Plus 3 Other Notable Insider Moves (NYSE:RHT) - October 5 at 4:19 AM logoHow Red Hat's strategy has changed with the times (NYSE:RHT) - October 4 at 11:45 AM
News IconCitigroup Maintains Red Hat Inc to Buy with Price Target $92.00 (NYSE:RHT) - September 30 at 3:35 PM logoHCA Holdings Becomes #212 Most Shorted S&P 500 Component, Replacing Red Hat (NYSE:RHT) - September 27 at 6:55 PM
News IconTop Gainers of the Day: Red Hat, Inc. (NYSE:RHT) from Application Software (NYSE:RHT) - September 27 at 11:41 AM
News IconRed hat unveils jboss data grid 7 as platform for real-time data analytics – yahoo finance data recovery usb (NYSE:RHT) - September 26 at 7:06 PM


Red Hat (NYSE:RHT) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by Staff