Red Hat, Inc. (RHT) Stock Analysis
Red Hat, Inc.(RHT)
Company Description
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.
Valuation Metrics | Red Hat, Inc. |
---|---|
Price | $116.68 |
Daily Range | -33.0% |
Opening Price | $174.16 |
Daily Price Range | $166.10 - 174.48 |
Bid | 169.95 x 1000 |
Ask | 170.34 x 800 |
Fifty-Two Week Range | $115.31 - 177.70 |
Trading Volume | 30,815,688 |
Average Trading Volume | 1,900,265 |
Market Capitalization | 29.85B |
Beta | 1.22 |
P/E Ratio (TTM) | 111.01 |
EPS (TTM) | 1.53 |
Earnings Date | Dec 17, 2018 - Dec 21, 2018 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
Target Price | $158.88 |
Sharpe Ratio | 1.08 |
Summary Statement:
Red Hat, Inc. currently trades at a spot price of $116.68 with a one-year expected target price of $158.88 meaning an expected forward return over the next year of 36.17%. Some important measures to look at are the company's beta of 1.22 the company's Sharpe ratio of 1.08.
Disclaimer: This article is not investment advice. As with any investment, investing in stocks is risky and can result in a loss including principal. For advice consult your licensed financial advisor or broker.
Data provided in this article was brought to you in part from Yahoo Finance, Robinhood (using Pandas data reader web API), and Quandl. If there is a stock that you would like to see analyzed and posted please comment below and tell me which company you would like to see. All company suggestions will get an up vote from me. Thanks for reading.
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