|Bid||0.00 x 900|
|Ask||0.00 x 1800|
|Day's range||164.91 - 170.16|
|52-week range||94.47 - 177.70|
|PE ratio (TTM)||118.38|
|Earnings date||18 Jun 2018 - 22 Jun 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||171.77|
Jim Cramer breaks down why cloud-based enterprise software stocks are still red-hot despite Red Hat’s disappointing guidance.
Red Hat, Inc. (RHT) just released its latest quarterly financial results, posting adjusted earnings of $0.72 per share and revenues of $314 million.
MARKET PULSE Red Hat Inc. (rht) shares plunged more than 10% in the extended session Thursday after the company issued weaker than expected second-quarter guidance. Red Hat stock closed down 2.2% to $165.
On a per-share basis, the Raleigh, North Carolina-based company said it had net income of 59 cents. Earnings, adjusted for one-time gains and costs, came to 72 cents per share. The results exceeded Wall ...
Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced that its Board of Directors has authorized the repurchase of up to $1 billion of the Company’s common stock from time to time on the open market or in privately negotiated transactions. From its commencement on July 1, 2016 through June 20, 2018, the Company repurchased approximately 8.2 million shares of its common stock for $751 million under the previous program. “Red Hat’s Board of Directors and management team firmly believe in our long-term growth prospects and our ability to generate operating cash flow through our subscription business model.
Red Hat, Inc. , the world's leading provider of open source solutions, today announced financial results for the first quarter of fiscal year 2019 ended May 31, 2018.
Red Hat Inc (NYSE:RHT) saw a decent share price growth in the teens level on the NYSE over the last few months. With many analysts covering the large-cap stock, weRead More...
Red Hat’s growth in cloud computing may be coming at the expense of older software products as customers shift spending, says a Raymond James analyst, who downgraded the stock ahead of earnings.
Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced the general availability of Red Hat Enterprise Linux 6.10, the latest update to the Red Hat Enterprise Linux 6 platform. To make it easier for customers to plan their migration to Red Hat Enterprise Linux 7, Red Hat Enterprise Linux 6.10 provides updates to the Pre-upgrade Assistant, Red Hat Upgrade Tool, and the accompanying documentation. This release also includes a Red Hat Enterprise Linux 6.10 base image to help enterprises more easily migrate Red Hat Enterprise Linux 6 workloads into container-based applications.
Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced the launch of Red Hat Process Automation Manager 7, a comprehensive, cloud-native platform for developing business automation services and process-centric applications across hybrid cloud environments. Process Automation Manager is the next generation of Red Hat's business process management (BPM) offering, Red Hat JBoss BPM Suite, and enables organizations to streamline, automate, measure and continuously improve business operations. Process Automation Manager is designed to foster closer collaboration between the two groups by enabling business users to directly participate in creating new business applications using business-friendly concepts, while retaining the governance and oversight required by IT for application scalability and security.
Red Hat's (RHT) first-quarter fiscal 2019 earnings are likely to benefit from solid partner base and strong traction of OpenShift.
Shares of RedHat Inc. are down 2% in premarket trading Tuesday after Raymond James analyst Michael Turits downgraded the stock to market perform from outperform following recent reseller checks, which ...
OPEC's meeting in Vienna should be the highlight in the week ahead as economic and earnings action in the U.S. should be more muted.
A great first quarter earnings season for the sector was met with lukewarm reactions, but volatility has eased and tech stocks are all the rage once again. Make sure to keep an eye on these tech companies as they prepare to report during the week of June 18.
Think of Red Hat as a technology company that has reinvented itself not just once, but twice in 15 years. There aren't too many of those around — Netflix comes to mind. Red Hat, a pioneer in commercializing Linux, aims to be a big player in cloud computing.
Red Hat Inc (NYSE:RHT) trades with a trailing P/E of 112.5x, which is higher than the industry average of 36.3x. Although some investors may jump to the conclusion that youRead More...
Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced the availability of Red Hat Fuse 7, the next major release of its distributed, cloud-native integration solution, and introduced a new fully hosted low-code integration Platform-as-a-Service (iPaaS) offering, Fuse Online. With Fuse 7, Red Hat is expanding its innovative integration capabilities natively to Red Hat OpenShift Container Platform, the industry's most comprehensive enterprise Kubernetes platform.
So far in the series, we have seen how VMware has become the cynosure of its parent company Dell. Let’s look into VMware’s technical indicators, which are helpful to traders and investors in making market entry and exit decisions. Moving averages are one of the most widely used technical indicators.
Red Hat, Inc. , the world's leading provider of open source solutions, will discuss results of its first quarter fiscal year 2019 on Thursday, June 21, 2018, beginning at 5:00 p.m.
Principal analyst and colleague Patrick Moorhead wrote about Google deploying POWER9 announced at the OpenPOWER Summit and last week I wrote about IBM expanding its platform HCI footprint with Nutanix. As another output of a long partnership, IBM and Red Hat recently announced the availability of IBM Cloud Private on Red Hat OpenShift/ Red Hat Enterprise Linux (RHEL). Additionally, IBM recently announced the availability of PowerAI for Red Hat Enterprise Linux (RHEL) running on IBM POWER9 platforms.