As of June, 19 The EPS for Red Hat, Inc. (RHT) Expected At $0.49

May 17, 2018 - By Benjamin Allen

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 dived. 159 increased stakes while 92 funds took stakes. Funds hold 159.29 million shares thus 1.06% more from 2017Q3’s 157.62 million shares.
Bessemer Group holds 2,371 shs or 0% of its capital. Cls Investments Limited owns 46 shs. Ltd Llc reported 0.03% in Red Hat, Inc. (NYSE:RHT). 514,394 were accumulated by Morgan Stanley. Acadian Asset Management Llc holds 50,685 shs or 0.03% of its capital. First Republic Investment accumulated 7,357 shs. Cornerstone reported 108 shs or 0.01% of all its holdings. Optimum Invest Advsrs reported 2,200 shs. Voya Inv Limited Com reported 661,730 shs or 0.17% of all its holdings. Teachers Retirement Systems Of The State Of Kentucky reported 20,600 shs or 0.03% of all its holdings. Tower Rech Cap Limited Company (Trc) owns 305 shs. Champlain Invest Prtn Llc owns 1.64% invested in Red Hat, Inc. (NYSE:RHT) for 1.20M shs. Mitsubishi Ufj & Bk owns 389,492 shs for 0.08% of their capital. Wealthtrust stated it has 90 shs. Fred Alger Mngmt, a New York-based fund reported 867,345 shs.

Investors expect Red Hat, Inc. (NYSE:RHT)’s quarterly earnings on June, 19., according to Faxor. Last year’s EPS was $0.4, while now analysts expect change of 22.50 % up from current $0.49 EPS. If reported the P/E will be 82.63 with $87.06 million profit. After $0.73 EPS report previous quarter, Wall Street now forecasts -32.88 % negative EPS growth of Red Hat, Inc.. RHT is hitting $161.96 during the last trading session, after decreased 0.98%.Red Hat, Inc. has 2.07 million shares volume, 13.36% up from normal. RHT is uptrending and has moved 87.86% since May 17, 2017. RHT outperformed the S&P 500 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”. 76% are bullish. 41 are the (NYSE:RHT)’s analyst reports since December 4, 2017 according to StockzIntelligence Inc. On Wednesday, December 13 the rating was maintained by Mizuho with “Buy”. On Tuesday, March 27 Wells Fargo maintained Red Hat, Inc. (NYSE:RHT) rating. Wells Fargo has “Buy” rating and $18000 target. On Tuesday, January 2 the firm earned “Buy” rating by Deutsche Bank. On Tuesday, March 27 the stock of Red Hat, Inc. (NYSE:RHT) has “Buy” rating given by Stifel Nicolaus. On Tuesday, March 27 Nomura maintained Red Hat, Inc. (NYSE:RHT) rating. Nomura has “Buy” rating and $182 target. On Tuesday, December 19 the company was maintained by Piper Jaffray. On Tuesday, March 27 Northland Capital maintained Red Hat, Inc. (NYSE:RHT) with “Buy” rating. The stock rating was maintained by BMO Capital Markets with “Hold” on Wednesday, December 20. In Wednesday, December 20 report Barclays Capital maintained the stock with “Buy” rating. On Monday, December 18 the rating was upgraded by Evercore to “Buy”.

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 company has $28.78 billion market cap. 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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