Red Hat (RHT) Stock Research, Analysis & News

Quick Analysis on Red Hat (RHT) Stock as of July 23, 2017

Previous Closing Price $98.92 is above 50 day moving average of $94.50
Previous Closing Price $98.92 is above 200 day moving average of $85.62
The Price/Earnings To Growth ratio (PEG) is great than 1
The Stock pays no dividend
The closing price $98.92 is less than 8.65% away from its one year target price of $107.48
Current Short Ratio 1.53 is great than 1
(See more information about Red Hat (RHT) Stock below)

Red Hat (RHT) Stock Profile Summary

Red Hat, Inc., together with its subsidiaries, provides open source software solutions to enterprises worldwide. The company offers Red Hat Enterprise Linux, an operating system designed for enterprise computing; JBoss Enterprise Middleware that provides a suite of products for developing, deploying, integrating and managing distributed, composite, and Web-based applications and services; and Red Hat Enterprise Virtualization for Servers, which is designed to enhance server utilization and deployment flexibility. It also offers other Red Hat enterprise technologies, which comprise Red Hat MRG that integrates open and scalable messaging; Red Hat Developer, which provides integrated development environments and support for application developers; Red Hat Cluster Suite that features clustering and uses application fail-over technology; Red Hat Global File System, a clustered file system, which is designed for commercial and technical computing applications; Red Hat Certificate System, an authentication system for limiting access to mission-critical resources and data; and Red Hat Directory Server that centralizes application settings, user profiles, group data, policies, and access control information into a network-based registry. In addition, the company provides Red Hat systems management solutions, such as RHN, RHN Satellite, JBoss CSP and JBoss ON; and infrastructure enterprise technologies, including software development tools, clustering of systems and services, and directory services. Further, it offers consulting, training, and support services. The company sells its enterprise technologies through subscriptions. It has strategic alliances with Advanced Micro Devices, Inc.; Intel Corporation; and Wipro Ltd. 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.

Red Hat (RHT) Stock Key Statistics Research and Analysis as of July 23, 2017

Stock ExchangeNYQ
Market Capitalization$17.56B
Trade Volume (Average Trading Volume)861,926 (1,555,680)
Price/Sales6.96
Price/Book13.45
P/E67.77
Earning/Share$1.46
Current Year EPS Estimate$2.66
Next Year EPS Estimate$3.16
Previous Closing Price$98.92
50 Day Price Moving Average$94.50
200 Day Price Moving Average$85.62
1 yr Target Price$107.48
PEG Ratio2.20
Short Ratio1.53
EBITDA$432.71M

Red Hat (RHT) Stock Competitor Research and Analysis

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Mutual Funds with Red Hat (RHT) Stock in its top 10 holdings

FundCategoryRHT Holding Percentage
Thrivent Mid Cap Stock AMid-Cap Blend2.67%
Bright Rock Mid Cap Growth InstlMid-Cap Growth3.41%
Champlain Mid Cap AdvMid-Cap Growth2.57%
AllianzGI Mid-Cap DMid-Cap Growth2.17%
Eventide Gilead AMid-Cap Growth2.94%
Voya MidCap Opportunities Port AMid-Cap Growth1.94%

ETFs with Red Hat (RHT) Stock in its top 10 holdings

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