RedHat will start to rise again. The only reason this stock is having a depression is that people can't see beyond the OS. As it gets more and more clear that the future dollars are coming from other "free" software support, RedHat will finally be cured. Redhat will finally be valued for what it is worth. WAY higher!
Avoid RHT if you want to keep your sanity, it’s a disaster. I am playing Ultimate Stock Alerts (search them in Google) instead
what is overpriced is your opinion that you know how to value stocks by using PEs, x sales, etc blah blah blah Blind leading the Blind
I believe it may take several days for $73, however I agree this is way overpriced at these levels.
I agree, looked at that PE and w/ todays pop, took my profit. For those still riding, hope it keeps going for ya!
If I'm not wrong. Consensus there is not adjusted for the strong dollar, whereas the outlook is.
Red Hat (NYSE: RHT) sees Q1 EPS of $0.41 vs consensus of $0.41. Revenue is seen at $469-$474 million vs consensus of $475.55 million. Operating margin is seen at 23%. FY16 EPS is seen at $1.79-$1.82 vs consensus of $1.85. Revenue is seen at $1.99-$2.02 billion vs the consensus of $2.02 billion.