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NYSE:RHT

Red Hat (RHT) Stock Price, News & Analysis

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About Red Hat Stock (NYSE:RHT)

Key Stats

Today's Range
$187.60
$187.81
50-Day Range
$187.71
$187.76
52-Week Range
$115.31
$189.14
Volume
999,351 shs
Average Volume
1.59 million shs
Market Capitalization
$33.43 billion
P/E Ratio
67.28
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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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RHT Stock News Headlines

IBM subsidiary Red Hat buys Boston AI firm
“This Changes Everything” - Trump Hands Millions Massive IRS Gift
Now it's your time to return the favor by taking advantage of this tax "revenge loophole." Because even as we wait for Trump's agenda to kick in…
Red Hat revenue has doubled since IBM buyout
See More Headlines

RHT Stock Analysis - Frequently Asked Questions

Red Hat Inc (NYSE:RHT) announced its quarterly 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 business's quarterly revenue was up 14.8% on a year-over-year basis.

Based on aggregate information from My MarketBeat watchlists, some other companies that Red Hat investors own include Meta Platforms (META), NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Salesforce (CRM), Tesla (TSLA) and Intel (INTC).

Company Calendar

Last Earnings
6/20/2019
Today
11/21/2024

Industry, Sector and Symbol

Industry
Computer Programming, Data Processing, & Other Computer Related
Sub-Industry
Systems Software
Previous Symbol
NASDAQ:RHAT
CUSIP
75657710
Fax
N/A
Employees
13,360
Year Founded
N/A

Profitability

Net Income
$433.99 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$3.36 billion
Cash Flow
$3.63 per share
Book Value
$9.13 per share

Miscellaneous

Free Float
N/A
Market Cap
$33.43 billion
Optionable
Optionable
Beta
0.45
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This page (NYSE:RHT) was last updated on 11/21/2024 by MarketBeat.com Staff
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