NYSE:RHT

Red Hat Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$187.71
0.00 (0.00 %)
(As of 07/8/2019)
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Today's Range
$187.60
$187.81
50-Day Range
$187.71
$187.76
52-Week Range
$115.31
$189.14
Volume999,351 shs
Average Volume1.59 million shs
Market Capitalization$33.43 billion
P/E Ratio67.28
Dividend YieldN/A
Beta0.45

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About Red Hat

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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MarketRank

Overall MarketRank

1.46 out of 5 stars

Computer And Technology Sector

671st out of 858 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

61st out of 79 stocks

Analyst Opinion: 0.0Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Red Hat (NYSE:RHT) Frequently Asked Questions

What stocks does MarketBeat like better than Red Hat?

Wall Street analysts have given Red Hat a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Red Hat wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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How were Red Hat's earnings last quarter?

Red Hat Inc (NYSE:RHT) posted its earnings results on Thursday, June, 20th. The open-source software company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.14. The open-source software company earned $934.10 million during the quarter, compared to analysts' expectations 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 firm's quarterly revenue was up 14.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.72 earnings per share.
View Red Hat's earnings history
.

Who are Red Hat's key executives?

Red Hat's management team includes the following 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)

Who are some of Red Hat's key competitors?

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), 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."

What is Red Hat's stock price today?

One share of RHT stock can currently be purchased for approximately $187.71.

How much money does Red Hat make?

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.

How many employees does Red Hat have?

Red Hat employs 13,360 workers across the globe.

What is Red Hat's official website?

The official website for Red Hat is www.redhat.com.

Where are Red Hat's headquarters?

Red Hat is headquartered at 100 EAST DAVIE STREET, RALEIGH NC, 27601.

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].


This page was last updated on 9/23/2021 by MarketBeat.com Staff
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