NYSE:RHT - Red Hat Stock Price, Forecast & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Red Hat Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $187.70 0.00 (0.00 %) (As of 02/21/2020 01:53 PM ET) Add Compare Today's Range$187.70Now: $187.70▼$187.7050-Day Range$187.71MA: $187.71▼$187.7652-Week Range$115.31Now: $187.70▼$189.14VolumeN/AAverage Volume1.59 million shsMarket Capitalization$33.43 billionP/E Ratio67.28Dividend YieldN/ABeta0.45 ProfileAnalyst RatingsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Read More… Industry, Sector and Symbol Stock Exchange NYSE Industry Computer programming, data processing, & other computer related Sub-IndustrySystems Software SectorComputer and Technology Current SymbolNYSE:RHT Previous SymbolNASDAQ:RHAT CUSIP75657710 CIK1087423 Webhttp://www.redhat.com/ Phone919-754-3700Debt Debt-to-Equity Ratio0.11 Current Ratio1.23 Quick Ratio1.23Price-To-Earnings Trailing P/E Ratio67.28 Forward P/E Ratio59.78 P/E Growth3.98 Sales & Book Value Annual Sales$3.36 billion Price / Sales9.94 Cash Flow$3.63 per share Price / Cash Flow51.75 Book Value$9.13 per share Price / Book20.56Profitability EPS (Most Recent Fiscal Year)$2.79 Net Income$433.99 million Net Margins13.26% Return on Equity36.67% Return on Assets10.59%Miscellaneous Employees13,360 Outstanding Shares178,093,000Market Cap$33.43 billion Next Earnings Date3/23/2020 (Estimated) OptionableOptionable Receive RHT News and Ratings via Email Sign-up to receive the latest news and ratings for RHT and its competitors with MarketBeat's FREE daily newsletter. Red Hat (NYSE:RHT) Frequently Asked Questions What is Red Hat's stock symbol? Red Hat trades on the New York Stock Exchange (NYSE) under the ticker symbol "RHT." How will Red Hat's stock buyback program work? Red Hat declared that its Board of Directors has initiated a share buyback program on Thursday, June 21st 2018, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 4% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its stock is undervalued. How were Red Hat's earnings last quarter? Red Hat Inc (NYSE:RHT) issued its earnings results on Thursday, June, 20th. The open-source software company reported $1.00 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.14. The open-source software company earned $934.10 million during the quarter, compared to the consensus estimate of $931.58 million. Red Hat had a return on equity of 36.67% and a net margin of 13.26%. The firm's quarterly revenue 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. View Red Hat's Earnings History. When is Red Hat's next earnings date? Red Hat is scheduled to release their next quarterly earnings announcement on Monday, March 23rd 2020. View Earnings Estimates for Red Hat. What price target have analysts set for RHT? 1 equities research analysts have issued twelve-month target prices for Red Hat's shares. Their forecasts range from $188.30 to $188.30. On average, they expect Red Hat's stock price to reach $188.30 in the next year. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Price Targets for Red Hat. What is the consensus analysts' recommendation for Red Hat? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red Hat in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Red Hat. Has Red Hat been receiving favorable news coverage? News headlines about RHT stock have trended extremely negative on Friday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Red Hat earned a daily sentiment score of -4.2 on InfoTrie's scale. They also gave press coverage about the open-source software company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Red Hat. Who are some of Red Hat's key competitors? Some companies that are related to Red Hat include Microsoft (MSFT), Oracle (ORCL), ServiceNow (NOW), VMware (VMW), Fortinet (FTNT), Symantec (SYMC), Proofpoint (PFPT), Qualys (QLYS), CommVault Systems (CVLT), Progress Software (PRGS), TiVo (TIVO) and FalconStor Software (FALC). 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.com (CRM), Netflix (NFLX), Adobe (ADBE), Micron Technology (MU), Intel (INTC), Broadcom (AVGO), Tesla (TSLA) and Paypal (PYPL). Who are Red Hat's key executives? Red Hat's management team includes the folowing people: Mr. James M. Whitehurst, Pres, CEO & Director (Age 51)Mr. Eric R. Shander, Exec. VP & CFO (Age 50)Mr. Michael R. Cunningham, Exec. VP, Gen. Counsel & Corp. Sec. (Age 58)Mr. Arun Oberoi, Exec. VP of Global Sales & Services (Age 64)Mr. Paul J. Cormier, Exec. VP and Pres of Products & Technologies (Age 62) What is Red Hat's stock price today? One share of RHT stock can currently be purchased for approximately $187.70. How big of a company is Red Hat? Red Hat has a market capitalization of $33.43 billion 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. Red Hat employs 13,360 workers across the globe.View Additional Information About Red Hat. What is Red Hat's official website? The official website for Red Hat is http://www.redhat.com/. How can I contact Red Hat? Red Hat's mailing address is 100 EAST DAVIE STREET, RALEIGH NC, 27601. The open-source software company can be reached via phone at 919-754-3700 or via email at [email protected] MarketBeat Community Rating for Red Hat (NYSE RHT)Community Ranking: 3.4 out of 5 ( )Outperform Votes: 1,612 (Vote Outperform)Underperform Votes: 742 (Vote Underperform)Total Votes: 2,354MarketBeat's community ratings are surveys of what our community members think about Red Hat and other stocks. Vote "Outperform" if you believe RHT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RHT will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 2/21/2020 by MarketBeat.com StaffFeatured Article: What are no-load funds?