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: $78.74
  • 50 Day Moving Average: $74.36
  • 200 Day Moving Average: $74.24
  • 52-Week Range: $59.59 - $84.44
  • Trailing P/E Ratio: 66.22
  • Foreward P/E Ratio: 45.25
  • P/E Growth: 2.10
  • Market Cap: $14.20B
  • Outstanding Shares: 180,322,000
  • Beta: 1.32
Profitability:
  • Net Margins: 9.93%
  • Return on Equity: 18.27%
  • Return on Assets: 6.17%
Debt:
  • Debt-to-Equity Ratio: 0.54%
  • Current Ratio: 1.25%
  • Quick Ratio: 1.25%
Additional Links:
Companies Related to Red Hat:

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 (13.59% upside)

Analysts' Ratings History for Red Hat (NYSE:RHT)
Show:
DateFirmActionRatingPrice TargetDetails
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
9/21/2016MizuhoReiterated RatingBuy$88.00View 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 9/27/2014 forward)

Earnings

Earnings History for Red Hat (NYSE:RHT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/15/2016        
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: $1.48 EPS
Next Year EPS Consensus Estimate: $1.74 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)

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: 94.81%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 IconRed hat unveils jboss data grid 7 as platform for real-time data analytics – yahoo finance data recovery usb (NYSE:RHT)
handyrecovery.in - September 26 at 7:06 PM
biz.yahoo.com logoRED HAT INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:RHT)
biz.yahoo.com - September 26 at 7:06 PM
News IconRed Hat Drives DevOps Adoption and Application Scalability with Latest Version of Red Hat OpenShift Container Platform (NYSE:RHT)
www.dabcc.com - September 26 at 11:53 AM
publicnow.com logoRed Hat Announces Ansible Tower App for Splunk, Enabling Intelligence and Automation Enhancements (NYSE:RHT)
www.publicnow.com - September 26 at 11:53 AM
capitalcube.com logoETF’s with exposure to Red Hat, Inc. : September 26, 2016 (NYSE:RHT)
www.capitalcube.com - September 26 at 11:53 AM
thecountrycaller.com logoRed Hat Inc (RHT) Margins to Remain Under Pressure Despite Solid Q2 Results (NYSE:RHT)
www.thecountrycaller.com - September 23 at 6:31 PM
rttnews.com logoRed Hat Inc. (RHT) Jumped After Q2 Profit Beat & Guidance Increase (NYSE:RHT)
www.rttnews.com - September 23 at 6:31 PM
fool.com logoHow Red Hat, Inc.'s Second Quarter Stunned the Street (NYSE:RHT)
www.fool.com - September 23 at 1:27 PM
rttnews.com logoRed Hat Inc. (RHT) Is Up Sharply After Q2 Profit Topped Expectations - RTT News (NYSE:RHT)
www.rttnews.com - September 23 at 11:45 AM
nasdaq.com logo3 Stocks to Watch Thursday: Yahoo! Inc. (YHOO), Red Hat Inc (RHT) and Sarepta Therapeutics Inc (SRPT) - Nasdaq (NYSE:RHT)
www.nasdaq.com - September 23 at 11:45 AM
News IconTech Stocks Indications! Red Hat Inc (RHT), NVIDIA Corporation (NASDAQ:NVDA) - share market updates (press release) (NYSE:RHT)
sharemarketupdates.com - September 23 at 11:45 AM
marketwatch.com logoRed Hat shares rally on earnings beat, outlook - MarketWatch (NYSE:RHT)
www.marketwatch.com - September 23 at 11:45 AM
benzinga.com logoRed Hat Earnings And Cash Flow Remain Robust In Q2 - Benzinga (NYSE:RHT)
www.benzinga.com - September 23 at 11:45 AM
News IconPost Earnings Coverage as Red Hat Subscription Revenue Lift Q2 Earnings (NYSE:RHT)
news.investornetwork.com - September 23 at 11:45 AM
finance.yahoo.com logoCompany News for September 23, 2016 (NYSE:RHT)
finance.yahoo.com - September 23 at 11:45 AM
seekingalpha.com logoTake Your Hat Off To Red Hat (NYSE:RHT)
seekingalpha.com - September 22 at 6:44 PM
News IconRed Hat, Inc. (NYSE:RHT) from Application Software – Todays Top Gains (NYSE:RHT)
twincountynews.com - September 22 at 6:44 PM
News IconRed Hat Inc: Why Red Hat Stock is Smoking Hot Today (NYSE:RHT)
www.profitconfidential.com - September 22 at 6:44 PM
finance.yahoo.com logoRed Hat (RHT) Beats on Q2 Earnings, Raises FY17 Outlook (NYSE:RHT)
finance.yahoo.com - September 22 at 6:44 PM
rttnews.com logoRed Hat Inc. (RHT) Is Up Sharply After Q2 Profit Topped Expectations (NYSE:RHT)
www.rttnews.com - September 22 at 6:44 PM
cnbc.com logoRed Hat shares rise after earnings beat (NYSE:RHT)
www.cnbc.com - September 22 at 6:16 PM
seekingalpha.com logoRed Hat sentiment largely positive on Q2 earnings (NYSE:RHT)
seekingalpha.com - September 22 at 4:17 PM
businesswire.com logoRed Hat Drives DevOps Adoption and Application Scalability with Latest Version of Red Hat OpenShift Container ... - Business Wire (press release) (NYSE:RHT)
www.businesswire.com - September 22 at 11:50 AM
nasdaq.com logoEarnings Reaction History: Red Hat Inc., 70.0% Follow-Through ... - Nasdaq (NYSE:RHT)
www.nasdaq.com - September 22 at 11:50 AM
investorplace.com logo3 Stocks to Watch Thursday: Yahoo! Inc. (YHOO), Red Hat Inc (RHT) and Sarepta Therapeutics Inc (SRPT) - Investorplace.com (NYSE:RHT)
investorplace.com - September 22 at 11:50 AM
News IconStock Futures Up, Jobless Claims Slip; Red Hat Eyes Breakout (NYSE:RHT)
feedproxy.google.com - September 22 at 8:57 AM
cnbc.com logoRed Hat beats Street 2Q forecasts (NYSE:RHT)
www.cnbc.com - September 21 at 6:38 PM
thecountrycaller.com logoRed Hat Inc (RHT) Shares Have 16% Upside Potential, Says Mizuho Securities (NYSE:RHT)
www.thecountrycaller.com - September 21 at 6:38 PM
rttnews.com logoRed Hat Profit Tops View, Outlook Strong; Shares Up 6% (NYSE:RHT)
www.rttnews.com - September 21 at 6:38 PM
businesswire.com logoRed Hat Reports Second Quarter Results for Fiscal Year 2017 (NYSE:RHT)
www.businesswire.com - September 21 at 6:38 PM
investors.com logoRed Hat Fiscal Q2 Earnings, Q3 Guidance Top Views, Stock Rises (NYSE:RHT)
www.investors.com - September 21 at 6:38 PM
marketwatch.com logoRed Hat shares rally on earnings beat, outlook (NYSE:RHT)
www.marketwatch.com - September 21 at 6:38 PM
bloomberg.com logoRed Hat Second-Quarter Profit, Sales Exceed Analyst Estimates (NYSE:RHT)
www.bloomberg.com - September 21 at 6:38 PM
News IconRed Hat Posts Solid Earnings Beat (NYSE:RHT)
feedproxy.google.com - September 21 at 5:54 PM
seekingalpha.com logoRed Hat +6% after hours; Q2 results, outlook positive (NYSE:RHT)
seekingalpha.com - September 21 at 4:58 PM
bizjournals.com logoPower Play: Red Hat, IBM expand collaboration (NYSE:RHT)
www.bizjournals.com - September 21 at 11:05 AM
biz.yahoo.com logoQ2 2017 Red Hat Inc Earnings Release - After Market Close (NYSE:RHT)
biz.yahoo.com - September 21 at 11:05 AM
thecountrycaller.com logoInternational Business Machines Corp. & Red Hat Inc Expand Collaboration on Enhancing Hybrid Cloud (NYSE:RHT)
www.thecountrycaller.com - September 20 at 12:21 PM
News IconIs Red Hat, Inc. (NYSE:RHT), a large market cap stock a smart buy? (NYSE:RHT)
twincountynews.com - September 20 at 12:21 PM
investors.com logoFed, Red Hat, CarMax, Disney, Lead Wednesday Investing Action Plan (NYSE:RHT)
www.investors.com - September 20 at 12:21 PM
News IconHigh Market Cap Stock of the Day – Red Hat, Inc. (NYSE:RHT) (NYSE:RHT)
twincountynews.com - September 19 at 6:59 PM
prnewswire.com logoResearch Reports Coverage on Application Software Stocks -- Cadence Design Systems, Red Hat, Intuit, and LifeLock - PR Newswire (press release) (NYSE:RHT)
www.prnewswire.com - September 19 at 11:35 AM
News IconEarnings Preview: Red Hat Q2 2017 (RHT) (NYSE:RHT)
sgi.seleritycorp.com - September 19 at 11:35 AM
finance.yahoo.com logoRed Hat (RHT) Q2 Earnings: What's in the Cards this Time? (NYSE:RHT)
finance.yahoo.com - September 19 at 11:35 AM
capitalcube.com logoRed Hat, Inc. – Value Analysis (NYSE:RHT) : September 19, 2016 (NYSE:RHT)
www.capitalcube.com - September 19 at 11:35 AM
publicnow.com logoRed Hat Announces Plans for New Facility in Boston (NYSE:RHT)
www.publicnow.com - September 16 at 10:37 AM
capitalcube.com logoRed Hat, Inc. breached its 50 day moving average in a Bearish Manner : RHT-US : September 16, 2016 (NYSE:RHT)
www.capitalcube.com - September 16 at 10:37 AM
News IconConsiderable Stocks on Returns- Intersil Corporation (NASDAQ:ISIL), Red Hat (NYSE:RHT) - Seneca Globe (NYSE:RHT)
www.senecaglobe.com - September 15 at 7:07 PM
News Icon2 Stocks Attracting Analyst Attention: Red Hat Inc (NYSE:RHT), Viacom, Inc. (NASDAQ:VIAB) - The Voice Registrar (NYSE:RHT)
voiceregistrar.com - September 15 at 7:07 PM
bizjournals.com logoIt’s official: Red Hat opening Fort Point office adjacent to GE HQ (NYSE:RHT)
www.bizjournals.com - September 15 at 7:07 PM

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Red Hat (NYSE:RHT) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff