Red Hat, Inc. (RHT) EPS Estimated At $0.49 on June, 19

May 17, 2018 - By Richard Slagle

Red Hat, Inc. (NYSE:RHT) Corporate Logo
During Q4 2017 the big money sentiment decreased to 1.12. That’s change of 0.11, from 2017Q3’s 1.23. 45 investors sold all, 179 reduced holdings as Red Hat, Inc. ratio fall. 159 increased stakes while 92 funds acquired stakes. Funds hold 159.29 million shares thus 1.06% more from 2017Q3’s 157.62 million shares.
Cornerstone Capital Mngmt Ltd holds 0.04% of its capital in Red Hat, Inc. (NYSE:RHT) for 48,565 shs. Bridgewater Assoc Limited Partnership invested 0.01% in Red Hat, Inc. (NYSE:RHT). D E Shaw & owns 17,777 shs or 0% of their US capital. Verition Fund Management invested in 0.16% or 14,019 shs. Cwm Ltd Llc accumulated 130 shs. Lazard Asset Ltd Limited Liability Company reported 98,297 shs. Oakbrook Investments Lc invested in 0.11% or 14,205 shs. Frontier Cap Mngmt Co Limited holds 0.55% or 621,059 shs. Integral Derivatives Llc holds 4,239 shs. 17,048 are held by New Mexico Educational Retirement Board. Oppenheimer reported 28,800 shs or 0.09% of all its holdings. Moody Bankshares Division stated it has 5,005 shs. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 0.22% in Red Hat, Inc. (NYSE:RHT). Dnb Asset Mngmt As invested 0.03% in Red Hat, Inc. (NYSE:RHT). Df Dent & reported 3.57% of its capital in Red Hat, Inc. (NYSE:RHT).

Red Hat, Inc. (NYSE:RHT)’s earnings report is awaited on June, 19., as reported by RTT. Analysts predict $0.49 earnings per share, which is $0.09 up or 22.50 % from 2017’s $0.4 earnings per share. If earnings per share of $0.49 is published the profit of RHT could hit $87.06 million giving it 82.63 P/E. Wall Street predicts -32.88 % negative EPS growth as of June, 19. RHT is reaching $161.96 during the last trading session, after decreased 0.98%.Red Hat, Inc. is uptrending after having risen 87.86% since May 17, 2017. RHT has 2.07M volume or 13.36% up from normal. RHT outperformed the S&P500 by 76.31%.

Red Hat, Inc. (NYSE:RHT) Ratings Coverage

In total 25 analysts cover Red Hat (NYSE:RHT). “Buy” rating has 19, “Sell” are 0, while 6 are “Hold”. (NYSE:RHT) has 76% bullish analysts. 41 are the (NYSE:RHT)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Wednesday, December 20 Wells Fargo maintained Red Hat, Inc. (NYSE:RHT) rating. Wells Fargo has “Buy” rating and $144.0 target. On Monday, December 4 KeyBanc Capital Markets maintained the shares of RHT in report with “Buy” rating. In Tuesday, March 27 report Jefferies maintained it with “Hold” rating and $15400 target. On Monday, December 11 the stock of Red Hat, Inc. (NYSE:RHT) has “Buy” rating given by Cowen & Co. On Tuesday, March 27 Barclays Capital maintained the shares of RHT in report with “Overweight” rating. On Wednesday, March 21 RBC Capital Markets maintained Red Hat, Inc. (NYSE:RHT) rating. RBC Capital Markets has “Buy” rating and $160.0 target. The company rating was maintained by Wells Fargo on Tuesday, March 27. On Tuesday, March 27 the firm has “Buy” rating by Stifel Nicolaus given. On Tuesday, March 27 the firm has “Neutral” rating given by Credit Suisse. In Wednesday, December 13 report RBC Capital Markets maintained it with “Buy” rating and $134.0 target.

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.The firm is valued at $28.78 billion. 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 clients to utilize and manage a common hardware infrastructure to run multiple operating systems and applications.115.69 is the P/E ratio. The firm 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; Red Hat cloud offerings, a software solution that enables clients to build and manage various cloud computing environments; Red Hat Mobile, a software development platform that enables clients to develop, integrate, deploy, and manage mobile applications for enterprises; and Red Hat Storage, a software solution that enables clients to manage large, unstructured, or semi-structured data in hybrid cloud environments.

Red Hat, Inc. (NYSE:RHT) Institutional Investors Chart

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