|Bid||120.69 x 100|
|Ask||120.71 x 100|
|Day's Range||118.82 - 120.96|
|52 Week Range||68.54 - 122.31|
|PE Ratio (TTM)||82.70|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Traders will need to be alert for a possible key reversal or a two-day reversal if overbought readings actually translate into a correction.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Red Hat, Inc. Here are 5 ETFs with the largest exposure to RHT-US. Comparing the performance and risk of Red Hat, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
Categories: Yahoo FinanceGet free summary analysis Red Hat, Inc. reports financial results for the quarter ended August 31, 2017. We analyze the earnings along side the following peers of Red Hat, Inc. – Oracle Corporation, VMware, Inc. Class A, HP Inc. and NetApp, Inc. (ORCL-US, VMW-US, HPQ-US and NTAP-US) that have also reported for this period. Highlights ... Read more (Read more...)
Red Hat was trading at a forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of ~21.78x on September 29, 2017.
Red Hat's dominant presence in the Linux space will further enable it to cross-sell its OpenStack to new and existing clients as hybrid cloud adoption increases.
Though Red Hat's app development business contributes less than its infrastructure-related offerings to its total revenues, it's worth paying attention to.
Subscription revenues continued to contribute 88% toward the company’s overall revenues in fiscal 2Q18, as they did in fiscal 2017 and fiscal 2016.
Red Hat provides the open-source-based Linux OS (operating system), which powers financial trading platforms, many corporate servers, and Google Android phones.
In fiscal 2Q18, Red Hat (RHT) posted revenues and non-GAAP EPS (earnings per share) of $723 million and $0.77, respectively.