Red Hat Company Profile (NYSE:RHT)

About Red Hat

Red Hat logoRed Hat, Inc. is a provider of open source software solutions, using a community-powered approach to develop and offer operating system, virtualization, middleware, storage and cloud technologies. The Company employs an open source development model. The open source development model allows it to use the collective input, resources and knowledge of a global community of contributors who can collaborate to develop, maintain and enhance software because the human-readable source code for that software is publicly available and licenses permit modification. The Company distributes its software offerings under open source licenses that permit access to the software's human-readable source code. The Company provides its software offerings primarily under annual or multi-year subscriptions as well as on-demand through cloud service providers.

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: $74.88
  • 50 Day Moving Average: $73.894
  • 200 Day Moving Average: $72.991
  • Trailing P/E Ratio: 65.697
  • Foreward P/E Ratio: 43.03
  • P/E Growth: 1.990
  • Market Cap: $13.56B
  • Outstanding Shares: 181,096,000
  • Beta: 1.31
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: $88.16 (17.74% upside)

Analysts' Ratings History for Red Hat (NYSE:RHT)
Show:
DateFirmActionRatingPrice TargetDetails
8/13/2016Deutsche Bank AGReiterated RatingBuy$95.00View Rating Details
7/7/2016Morgan StanleyDowngradeOverweight -> Equal Weight$72.18 -> $80.00View Rating Details
7/5/2016William BlairReiterated RatingOutperformView Rating Details
7/5/2016Citigroup Inc.Reiterated RatingBuy$90.00View Rating Details
7/2/2016Pacific CrestReiterated RatingOverweight$88.00View Rating Details
7/2/2016Needham & Company LLCReiterated RatingBuy$98.00View Rating Details
7/1/2016Jefferies GroupReiterated RatingHold$75.00View Rating Details
6/28/2016Drexel HamiltonReiterated RatingBuy$105.00View Rating Details
6/25/2016Credit Suisse Group AGReiterated RatingOutperform$95.00View Rating Details
6/23/2016MizuhoReiterated RatingBuy$88.00View Rating Details
6/23/2016Royal Bank Of CanadaReiterated RatingBuyView Rating Details
6/23/2016MKM PartnersReiterated RatingHoldView Rating Details
6/23/2016Stifel NicolausReiterated RatingBuyView Rating Details
6/23/2016Robert W. BairdReiterated RatingBuyView Rating Details
6/23/2016Raymond James Financial Inc.Reiterated RatingBuyView Rating Details
6/23/2016Oppenheimer Holdings Inc.Reiterated RatingBuy$88.00View Rating Details
6/23/2016BTIG ResearchReiterated RatingBuy$92.00View Rating Details
6/23/2016BMO Capital MarketsReiterated RatingOutperform$88.00 -> $85.00View Rating Details
6/15/2016Barclays PLCReiterated RatingOverweight$90.00View 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
3/23/2016Bank of America Corp.Reiterated RatingNeutral$80.00 -> $78.00View Rating Details
2/18/2016Credit Agricole SAReiterated RatingBuyView 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
12/18/2015JMP SecuritiesBoost Price TargetMarket Outperform$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 8/26/2014 forward)

Earnings

Earnings History for Red Hat (NYSE:RHT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/19/2016        
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)
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
marketnewsvideo.com logoRed Hat Becomes #198 Most Shorted S&P 500 Component, Replacing AFLAC (NYSE:RHT)
www.marketnewsvideo.com - August 25 at 7:20 PM
capitalcube.com logoETF’s with exposure to Red Hat, Inc. : August 25, 2016 (NYSE:RHT)
www.capitalcube.com - August 25 at 12:12 PM
News IconRed Hat, Inc. (NYSE:RHT) from Application Software – Todays Top Gains (NYSE:RHT)
twincountynews.com - August 24 at 6:51 PM
News IconRed Hat Powers New Generation of High-Performance Virtualization (NYSE:RHT)
myhostnews.com - August 24 at 10:09 AM
publicnow.com logoRed Hat Powers New Generation of High-Performance Virtualization Based on Open Standards with Red Hat Virtualization 4 (NYSE:RHT)
www.publicnow.com - August 24 at 10:09 AM
capitalcube.com logoRed Hat, Inc. breached its 50 day moving average in a Bullish Manner : RHT-US : August 24, 2016 (NYSE:RHT)
www.capitalcube.com - August 24 at 10:09 AM
News IconAnalysts Valuations For Two Stocks: CenturylinkInc (NYSE:CTL), Red Hat Inc (NYSE:RHT) - The Voice Registrar (NYSE:RHT)
voiceregistrar.com - August 19 at 10:04 AM
investopedia.com logoAQR Sells Red Hat, Buys Digital Realty Trust (CMCSA, RHT) (NYSE:RHT)
www.investopedia.com - August 16 at 7:13 PM
News IconTop Gainers of the Day: Red Hat, Inc. (NYSE:RHT) from Application Software (NYSE:RHT)
twincountynews.com - August 16 at 7:13 PM
biz.yahoo.com logoRED HAT INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote of Securit (NYSE:RHT)
biz.yahoo.com - August 16 at 7:13 PM
News IconRed Hat positioned in the Visionaries quadrant of gartner's 2016 Magic ... (NYSE:RHT)
www.albawaba.com - August 16 at 10:26 AM
4-traders.com logoRed Hat : Global Travel Technology Leader Amadeus Wins 2016 Red Hat Innovator of the Year Award (NYSE:RHT)
www.4-traders.com - August 15 at 9:19 AM
finance.yahoo.com logoGlobal Travel Technology Leader Amadeus Wins 2016 Red Hat Innovator of the Year Award (NYSE:RHT)
finance.yahoo.com - August 15 at 9:19 AM
News IconRed Hat News (NYSE:RHT)
www.tuxmachines.org - August 12 at 7:14 PM
finance.yahoo.com logoHow Red Hat Can Take Cloud Market Share Away From Its Key Rival (NYSE:RHT)
finance.yahoo.com - August 11 at 7:38 PM
marketnewsvideo.com logoRed Hat Becomes #238 Most Shorted S&P 500 Component, Replacing Southwestern Energy (NYSE:RHT)
www.marketnewsvideo.com - August 10 at 7:37 PM
News IconIs Red Hat, Inc. (NYSE:RHT), a large market cap stock a smart buy? (NYSE:RHT)
twincountynews.com - August 8 at 7:23 PM
finance.yahoo.com logoA new technology called 'containers' is creating 'winners and losers' says Red Hat CEO (NYSE:RHT)
finance.yahoo.com - August 8 at 7:23 PM
News IconRed Hat Satellite 6.2 introduces new features to help users increase efficiency (NYSE:RHT)
www.bi-me.com - August 8 at 11:53 AM
News IconToday's Top Gainers in the Market Red Hat, Inc. (NYSE:RHT) from ... - The Daily Leicester (NYSE:RHT)
thedailyleicester.com - August 6 at 9:51 AM
News IconSalesforce, EA, Red Hat: Rail-Splitter Likes These 5 Tech Stocks for Q3 (NYSE:RHT)
feedproxy.google.com - August 6 at 5:33 AM
News IconHow has Red Hat, Inc.:(NYSE:RHT) performed recently? - The Daily Leicester (NYSE:RHT)
thedailyleicester.com - August 3 at 7:31 PM
equities.com logoRed Hat Inc. (RHT) Falls 2.58% for August 02 - Equities.com (NYSE:RHT)
www.equities.com - August 3 at 7:31 PM
finance.yahoo.com logoRheintex Verwaltungs AG: shareholder group holding more than a 25% stake in Softship AG (NYSE:RHT)
au.finance.yahoo.com - August 3 at 7:31 PM
fidaily.com logoFrontier Capital Management Co LLC Sells A Little More Red Hat, Inc. Common Stock (RHT) Stock (NYSE:RHT)
www.fidaily.com - August 3 at 10:25 AM
tradecalls.org logoValicenti Advisory Services Inc buys $2026941 stake in Red Hat Inc (RHT) - Trade Calls (NYSE:RHT)
www.tradecalls.org - August 2 at 7:29 PM
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 - August 2 at 12:06 PM
News IconEarnings Review: Red Hat, Inc. (NYSE:RHT), Prudential Financial, Inc. (NYSE:PRU) - News Oracle (NYSE:RHT)
www.newsoracle.com - August 1 at 11:46 AM
capitalcube.com logoRed Hat, Inc. breached its 50 day moving average in a Bullish Manner : RHT-US : August 1, 2016 (NYSE:RHT)
www.capitalcube.com - August 1 at 11:21 AM
forbes.com logoCan Talend Be Another Red Hat? (NYSE:RHT)
www.forbes.com - July 31 at 6:16 PM
bidnessetc.com logoRed Hat Inc (RHT) to Capitalize More on Hybrid Cloud, Open Source Trends: Credit Suisse - Bidness ETC (NYSE:RHT)
www.bidnessetc.com - July 30 at 6:26 PM
News IconRed Hat Inc (NYSE:RHT) Under The Radar Analyst Recommendations - The Voice Registrar (NYSE:RHT)
voiceregistrar.com - July 29 at 7:18 PM
News IconIs Red Hat, Inc. (NYSE:RHT), a large market cap stock a smart buy? - Twin County News (NYSE:RHT)
twincountynews.com - July 29 at 7:18 PM
News IconRed Hat Releases Satellite 6.2, Systems Lifecycle Management Tool (NYSE:RHT)
www.dabcc.com - July 29 at 10:11 AM
publicnow.com logoRed Hat Satellite 6.2 Introduces New Features to Help Users Increase Efficiency Across On-Premise, Cloud, and Container-based Environments (NYSE:RHT)
www.publicnow.com - July 28 at 9:28 AM
nasdaq.com logoRHT Crosses Above Key Moving Average Level (NYSE:RHT)
www.nasdaq.com - July 27 at 7:30 PM
fidaily.com logoRed Hat, Inc. Common Stock (RHT) Investment Decreased by Strs Ohio (NYSE:RHT)
www.fidaily.com - July 27 at 7:30 PM
fortune.com logoNotable Analyst Views: Illinois Tool Works Inc. (NYSE:ITW), Red Hat ... - Review Fortune (NYSE:RHT)
reviewfortune.com - July 26 at 7:32 PM
capitalcube.com logoRed Hat, Inc. :RHT-US: Earnings Analysis: Q1, 2017 By the Numbers : July 26, 2016 (NYSE:RHT)
www.capitalcube.com - July 26 at 9:47 AM
News IconAnalysts Watch on Price Target Estimates: Red Hat Inc (NYSE:RHT) - Post Registrar (NYSE:RHT)
postregistrar.com - July 25 at 7:17 PM
News IconFriday Session Wrap-up for Red Hat, Inc. (NYSE:RHT) - Engelwood Daily (NYSE:RHT)
www.engelwooddaily.com - July 23 at 10:59 AM
capitalcube.com logoETF’s with exposure to Red Hat, Inc. : July 22, 2016 (NYSE:RHT)
www.capitalcube.com - July 22 at 3:22 PM
News IconHigh Expectations Remain For Red Hat, Inc. (NYSE:RHT) - TGP (NYSE:RHT)
telanaganapress.com - July 21 at 9:59 AM
News IconRecommendation Trends Analysis: Red Hat, Inc. (NYSE:RHT) - News Oracle (NYSE:RHT)
www.newsoracle.com - July 21 at 9:59 AM
streetreport.co logoRed Hat Inc (NYSE:RHT): Strong Price Momentum But will It Sustain? - Street Report (NYSE:RHT)
www.streetreport.co - July 21 at 9:59 AM
News IconHenderson Group Plc Decreased Stake in Red Hat INC (NYSE:RHT) by $3.87 Million as Shares Declined - Press Telegraph (NYSE:RHT)
presstelegraph.com - July 20 at 9:58 AM
finance.yahoo.com logoRed Hat Introduces Ansible Tower 3 with Enhanced Capabilities for Scaling IT Automation across the Enterprise (NYSE:RHT)
finance.yahoo.com - July 20 at 8:00 AM
4-traders.com logoTarget to Tech Stock Movement: Red Hat, Inc.s (RHT) (NYSE:RHT)
www.4-traders.com - July 19 at 7:16 PM
News IconGagnon Securities LLC Decreased Stake in Red Hat INC (NYSE:RHT) by $3.19 Million as Shares Declined - Press Telegraph (NYSE:RHT)
presstelegraph.com - July 19 at 8:06 AM
News IconCrowd Rating and Earnings Recap for Red Hat, Inc. (NYSE:RHT) - TGP (NYSE:RHT)
telanaganapress.com - July 19 at 8:06 AM

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Red Hat (NYSE:RHT) Chart for Friday, August, 26, 2016


Last Updated on 8/26/2016 by MarketBeat.com Staff