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: $82.60
  • 50 Day Moving Average: $75.77
  • 200 Day Moving Average: $76.20
  • 52-Week Range: $63.01 - $82.73
  • Trailing P/E Ratio: 63.05
  • Foreward P/E Ratio: 31.89
  • P/E Growth: 2.28
  • Market Cap: $14.73B
  • Outstanding Shares: 178,287,000
  • Beta: 1.44
Profitability:
  • Net Margins: 10.36%
  • Return on Equity: 20.57%
  • Return on Assets: 6.59%
Debt:
  • Debt-to-Equity Ratio: 0.58%
  • Current Ratio: 1.26%
  • Quick Ratio: 1.26%
Additional Links:
Companies Related to Red Hat:

Analyst Ratings

Consensus Ratings for Red Hat (NYSE:RHT) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 19 Buy Ratings
Consensus Rating:Buy (Score: 2.69)
Consensus Price Target: $86.52 (4.75% upside)

Analysts' Ratings History for Red Hat (NYSE:RHT)
Show:
DateFirmActionRatingPrice TargetDetails
2/13/2017William BlairReiterated RatingOutperformView Rating Details
2/1/2017J P Morgan Chase & CoReiterated RatingOverweightView Rating Details
1/14/2017Evercore ISIUpgradeHold -> Buy$88.00View Rating Details
1/11/2017Wells Fargo & CompanyInitiated CoverageOutperformView Rating Details
12/26/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$88.00View Rating Details
12/26/2016Rosenblatt SecuritiesReiterated RatingBuy$95.00View Rating Details
12/26/2016Robert W. BairdReiterated RatingOutperform$90.00 -> $85.00View Rating Details
12/23/2016JMP SecuritiesReiterated RatingOutperform$97.00 -> $93.00View Rating Details
12/23/2016Deutsche Bank AGReiterated RatingBuy$95.00 -> $90.00View Rating Details
12/23/2016Needham & Company LLCReiterated RatingBuy$98.00 -> $89.00View Rating Details
12/22/2016Drexel HamiltonReiterated RatingBuy$105.00View Rating Details
12/22/2016MKM PartnersReiterated RatingNeutral$75.00View Rating Details
12/22/2016Jefferies Group LLCLower Price TargetHold$79.00 -> $76.00View Rating Details
12/22/2016Stifel NicolausDowngradeBuy -> Hold$87.00 -> $70.00View Rating Details
12/22/2016MizuhoLower Price TargetBuy$88.00 -> $80.00View Rating Details
12/22/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$89.00 -> $75.00View Rating Details
9/23/2016Raymond James Financial, Inc.Reiterated RatingOutperform$85.00 -> $90.00View Rating Details
9/22/2016Bank of America CorpReiterated 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
7/7/2016Morgan StanleyDowngradeOverweight -> Equal Weight$72.18 -> $80.00View Rating Details
7/2/2016Pacific CrestReiterated RatingOverweight$88.00View Rating Details
6/25/2016Credit Suisse GroupReiterated RatingOutperform$95.00View Rating Details
6/23/2016Royal Bank Of CanadaReiterated RatingBuyView Rating Details
6/23/2016BTIG ResearchReiterated RatingBuy$92.00View Rating Details
3/23/2016Goldman Sachs Group, Inc. (The)Lower Price TargetSell$80.00 -> $73.00View Rating Details
2/16/2016Piper Jaffray CompaniesLower Price TargetOverweight$95.00 -> $78.00View Rating Details
1/11/2016SunTrust Banks, Inc.Reiterated RatingBuy$73.00View Rating Details
12/18/2015Susquehanna Bancshares IncBoost 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
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Red Hat (NYSE:RHT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/20/2017        
12/21/2016Q317$0.58$0.61$615.00 millionViewN/AView Earnings Details
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)

Estimates

Earnings Estimates for Red Hat (NYSE:RHT)
Current Year EPS Consensus Estimate: $2.27 EPS
Next Year EPS Consensus Estimate: $2.59 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
Q1 20181$0.43$0.43$0.43
Q2 20181$0.45$0.45$0.45
Q3 20181$0.47$0.47$0.47
Q4 20181$0.47$0.47$0.47
(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)
Insider Ownership Percentage: 0.76%
Institutional Ownership Percentage: 95.36%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/20/2017Delisa AlexanderEVPSell16,712$73.67$1,231,173.04View SEC Filing  
1/18/2017Delisa AlexanderEVPSell1,365$72.83$99,412.95View SEC Filing  
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)

Headlines

Latest Headlines for Red Hat (NYSE:RHT)
DateHeadline
News IconBuy or Sell? Average Brokerage Ratings on Red Hat, Inc. (RHT), The Hershey Company (HSY) - StockNewsJournal (NYSE:RHT)
stocknewsjournal.com - February 18 at 8:19 AM
benzinga.com logoCisco, McDonald's, Red Hat, United Continental: Fast Money Picks For February 16 (NYSE:RHT)
www.benzinga.com - February 16 at 7:11 PM
News IconWal-Mart Stores' (WMT) Underperform Rating Reaffirmed at BMO Capital Markets (NYSE:RHT)
cloudhostinghq.net - February 16 at 7:11 PM
News IconDid Warren Buffett Just Bury Wal-Mart With His Stock Sale? (NYSE:RHT)
latribunadecanarias.com - February 16 at 7:11 PM
finance.yahoo.com logoFinal Trade: UAL, MCD & more (NYSE:RHT)
finance.yahoo.com - February 16 at 7:11 PM
News IconAre Analysts Optimistic About Where Red Hat, Inc. (NYSE:RHT) is Heading? - Winfield Review (NYSE:RHT)
winfieldreview.com - February 15 at 12:52 AM
News IconWhat Analysts are Predicting For AMETEK, Inc. (AME), Red Hat, Inc. (RHT)? - The USA Commerce (NYSE:RHT)
theusacommerce.com - February 15 at 12:52 AM
News IconToday Analysts Focus on Coca-Cola European Partners Plc (CCE), Red Hat, Inc. (RHT) - StockNewsJournal (NYSE:RHT)
stocknewsjournal.com - February 14 at 5:37 AM
streetinsider.com logoWilliam Blair Reiterates Outperform Rating on Red Hat (RHT); Sees ... - StreetInsider.com (NYSE:RHT)
www.streetinsider.com - February 14 at 5:37 AM
investors.com logoRed Hat Stock Could Get Boost From More Cloud Disclosure (NYSE:RHT)
www.investors.com - February 14 at 5:37 AM
News IconPrice Forecast For Red Hat, Inc. (NYSE:RHT) Stock At $85.335 - Transcript Daily (NYSE:RHT)
transcriptdaily.com - February 12 at 8:21 AM
News IconVolatility Watch on Shares of Red Hat, Inc. (NYSE:RHT) - Midway Monitor (NYSE:RHT)
midwaymonitor.com - February 11 at 3:43 AM
News IconShares of Red Hat, Inc. (RHT) Sees Large Outflow of Money - Highland Mirror (NYSE:RHT)
www.highlandmirror.com - February 9 at 11:21 PM
istreetwire.com logo3 Stocks in Focus: Red Hat, Inc. (RHT), Entergy Corporation (ETR), EI du Pont de Nemours and Company (DD) - iStreetWire (NYSE:RHT)
istreetwire.com - February 7 at 8:25 AM
News IconQUALCOMM Incorporated (NASDAQ:QCOM)- Stocks Tossing up on Optimistic Data: Red Hat, Inc. (NYSE:RHT) - Street Wise Report (press release) (blog) (NYSE:RHT)
streetwisereport.com - February 6 at 7:39 PM
4-traders.com logoLarge Cap Application Software: Red Hat, Inc. (NYSE:RHT)
www.4-traders.com - February 2 at 11:47 PM
finance.yahoo.com logoRed Hat and Boston University Collaborate to Advance Emerging Technologies and Open Source Research and Education (NYSE:RHT)
finance.yahoo.com - February 1 at 11:22 PM
seekingalpha.com logoRed Hat noted at J.P. Morgan to have secured two government contracts (NYSE:RHT)
seekingalpha.com - February 1 at 12:49 PM
News IconTop Gainers of the Day: Red Hat, Inc. (NYSE:RHT) from Application Software (NYSE:RHT)
twincountynews.com - January 31 at 9:57 PM
uk.finance.yahoo.com logoEuropean Bioinformatics Institute and Red Hat Collaborate to Enhance Global Biological Research Capabilities (NYSE:RHT)
us.rd.yahoo.com - January 31 at 9:56 PM
businesswire.com logoRed Hat Assists Monash University with Deployment of Software ... - Business Wire (press release) (NYSE:RHT)
www.businesswire.com - January 31 at 1:16 AM
4-traders.com logoA look at a High Market Cap Stock: Red Hat, Inc., RHT (NYSE:RHT)
www.4-traders.com - January 30 at 8:15 PM
finance.yahoo.com logoRed Hat Assists Monash University with Deployment of Software-Defined Storage to Support Advanced Research Capabilities (NYSE:RHT)
finance.yahoo.com - January 30 at 8:15 PM
News IconRed Hat, Inc. (NYSE:RHT) Price Target Expected At $85.335 - Transcript Daily (NYSE:RHT)
transcriptdaily.com - January 30 at 1:01 AM
News IconHuawei Extends its Cooperation with Red Hat to Public and NFV Clouds (NYSE:RHT)
www.dabcc.com - January 29 at 7:59 PM
News IconTechnical Update on Shares of Red Hat Inc. (RHT) - Market Point (NYSE:RHT)
mtptnews.com - January 29 at 8:28 AM
News IconInvestor Focus: Watching Shares of Red Hat, Inc. (NYSE:RHT) - Gilbert Daily (NYSE:RHT)
gilbertdaily.com - January 29 at 8:28 AM
4-traders.com logoRed Hat : OpenStack Platform (NYSE:RHT)
www.4-traders.com - January 29 at 12:41 AM
News IconRed Hat Breaks Above 200-Day Moving Average - Bullish for RHT (NYSE:RHT)
prensariotiretail.com - January 29 at 12:41 AM
News IconAs Red Hat INC Rht (RHT) Share Value Rose, Shareholder Rail-Splitter Capital Management LLC Has Lowered by $3.75 Million Its Stake (NYSE:RHT)
randolphguide.com - January 29 at 12:41 AM
realistinvestor.com logoMean Rating Of Red Hat, Inc. (NYSE:RHT) At $1.47 - RealistInvestor.com (NYSE:RHT)
www.realistinvestor.com - January 27 at 2:13 AM
News IconRed Hat, Inc. (NYSE:RHT) Quarterly EPS Projection At $0.39 - Stock Observer (NYSE:RHT)
www.thestockobserver.com - January 27 at 2:13 AM
capitalcube.com logoRed Hat, Inc. breached its 50 day moving average in a Bullish Manner : RHT-US : January 26, 2017 (NYSE:RHT)
www.capitalcube.com - January 27 at 2:13 AM
bizjournals.com logoWhy a partnership with Huawei is a big deal for Red Hat (NYSE:RHT)
www.bizjournals.com - January 27 at 2:13 AM
biz.yahoo.com logoRED HAT INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:RHT)
biz.yahoo.com - January 26 at 3:24 AM
4-traders.com logoRed Hat : Swiss Federal Railways (SBB) Deploys Red Hat OpenShift Container Platform to Accelerate IT Modernization (NYSE:RHT)
www.4-traders.com - January 25 at 2:33 AM
News IconRed Hat, Inc. (NYSE:RHT) from Application Software – Todays Top Gains (NYSE:RHT)
twincountynews.com - January 25 at 2:33 AM
us.rd.yahoo.com logoRed Hat Technologies Support TransUnion’s Migration to New IT Environment (NYSE:RHT)
us.rd.yahoo.com - January 25 at 2:33 AM
finance.yahoo.com logoSwiss Federal Railways (SBB) Deploys Red Hat OpenShift Container Platform to Accelerate IT Modernization - Yahoo Finance (NYSE:RHT)
finance.yahoo.com - January 24 at 9:32 PM
nasdaq.com logoRed Hat Breaks Above 200-Day Moving Average - Bullish for RHT - Nasdaq (NYSE:RHT)
www.nasdaq.com - January 24 at 9:32 PM
capitalcube.com logoETFs with exposure to Red Hat, Inc. : January 24, 2017 (NYSE:RHT)
www.capitalcube.com - January 24 at 9:32 PM
biz.yahoo.com logoRED HAT INC Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:RHT)
biz.yahoo.com - January 24 at 9:32 PM
businesswire.com logoSwiss Federal Railways (SBB) Deploys Red Hat OpenShift Container Platform to Accelerate IT Modernization - Business Wire (press release) (NYSE:RHT)
www.businesswire.com - January 24 at 8:13 AM
finance.yahoo.com logoRed Hat Technologies Support TransUnion's Migration to New IT Environment - Yahoo Finance (NYSE:RHT)
finance.yahoo.com - January 24 at 8:13 AM
uk.finance.yahoo.com logoSwiss Federal Railways (SBB) Deploys Red Hat OpenShift Container Platform to Accelerate IT Modernization (NYSE:RHT)
uk.finance.yahoo.com - January 24 at 8:13 AM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Red Hat, Inc. (NYSE:RHT) - Wall Street Beacon (NYSE:RHT)
wsbeacon.com - January 22 at 5:21 AM
News IconStock Review: ADX, MA, RSI Numbers in View for Red Hat Inc. (RHT) - Springdale Times (NYSE:RHT)
springdaletimes.com - January 21 at 7:19 PM
News IconRed Hat, Inc. (NYSE:RHT) Price Forecast For Stock At $85.335 - Transcript Daily (NYSE:RHT)
transcriptdaily.com - January 21 at 7:19 PM
4-traders.com logoTodays Top Gainers: Red Hat, Inc (NYSE:RHT)
www.4-traders.com - January 21 at 3:46 AM
4-traders.com logoApplication Software: Red Hat, Inc. Position of the day (NYSE:RHT)
www.4-traders.com - January 20 at 10:45 PM

Social

What is Red Hat's stock symbol?

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

Where is Red Hat's stock going? Where will Red Hat's stock price be in 2017?

26 brokers have issued 1-year price objectives for Red Hat's shares. Their forecasts range from $70.00 to $105.00. On average, they expect Red Hat's stock price to reach $86.52 in the next twelve months.

When will Red Hat announce their earnings?

Red Hat is scheduled to release their next quarterly earnings announcement on Monday, March, 20th 2017.

What are analysts saying about Red Hat stock?

Here are some recent quotes from research analysts about Red Hat stock:

  • According to Zacks Investment Research, "Red Hat Inc. is a leading developer and provider of open source software and services, including the Red Hat Linux operating system. Unlike proprietary software, open source software has publicly available source code and can be copied, modified and distributed with minimal restrictions. The web site, REDHAT.COM, is a leading online source of information and news about open source software and one of the largest online communities of open source software users and developers. " (12/27/2016)

  • Barclays PLC analysts commented, "We continue to like the long- term story and believe the shares look attractive on a cash flow basis. Billings Growth and Large Deals Strong, App Dev Could Have Been Better: Billings grew 20% y/y this quarter, the strongest growth since 4Q14. We believe short term billings grew 17%, despite the longer duration, which is quite healthy. Deals over $1mn were up 60% y/y, underscoring Red Hat’s continued expansion with customers." (9/22/2016)

  • Jefferies Group LLC analysts commented, "RHT reported strong F2Q results on the back of large deals, as billings proxy of +20% exceeded the Street’s +16%. More importantly, New Subscription ACV (new business) grew 26% yoy, continuing solid momentum of the prior four periods. The only shortfall was cash flow, which is only partially explained by large deals typically signed at the end of the quarter." (9/22/2016)

Who owns Red Hat stock?

Red Hat's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (5.48%), William Blair Investment Management LLC (2.39%), Champlain Investment Partners LLC (0.68%), Fred Alger Management Inc. (0.56%), Russell Investments Group Ltd. (0.54%) and Frontier Capital Management Co. LLC (0.49%). Company insiders that own Red Hat stock include Arun Oberoi, Charles E Peters Jr, Delisa Alexander, General Henry Hugh Shelton, James M Whitehurst, Jeff Clarke, Michael Cunningham, Paul J Cormier and William S Kaiser.

Who sold Red Hat stock? Who is selling Red Hat stock?

Red Hat's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Janus Capital Management LLC, AQR Capital Management LLC, Castleark Management LLC, Tudor Investment Corp Et Al, Guggenheim Capital LLC, Brown Capital Management LLC and Ardevora Asset Management LLP. Company insiders that have sold Red Hat stock in the last year include Delisa Alexander, General Henry Hugh Shelton, James M Whitehurst, Michael Cunningham and William S Kaiser.

Who bought Red Hat stock? Who is buying Red Hat stock?

Red Hat's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., William Blair Investment Management LLC, Fred Alger Management Inc., Asset Management One Co. Ltd., Champlain Investment Partners LLC, Alyeska Investment Group L.P., ARK Investment Management LLC and Brown Advisory Inc..

How do I buy Red Hat stock?

Shares of Red Hat can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Red Hat stock cost?

One share of Red Hat stock can currently be purchased for approximately $82.60.

Red Hat (NYSE:RHT) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Red Hat (NYSE:RHT)

Earnings History Chart

Earnings by Quarter for Red Hat (NYSE:RHT)

Dividend History Chart

Dividend Payments by Quarter for Red Hat (NYSE:RHT)

Last Updated on 2/21/2017 by MarketBeat.com Staff