RHT - Red Hat, Inc.

NYSE - NYSE Delayed Price. Currency in USD
172.95
+0.07 (+0.04%)
At close: 4:01PM EST
Stock chart is not supported by your current browser
Previous Close172.88
Open173.47
Bid172.79 x 800
Ask173.63 x 900
Day's Range172.91 - 173.50
52 Week Range115.31 - 177.70
Volume3,674,621
Avg. Volume2,808,021
Market Cap30.533B
Beta (3Y Monthly)0.22
PE Ratio (TTM)113.19
EPS (TTM)1.53
Earnings DateDec 17, 2018 - Dec 21, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est177.13
Trade prices are not sourced from all markets
  • Could Red Hat deal be a 'distraction' for IBM? Unisys CEO hopes so
    American City Business Journals22 hours ago

    Could Red Hat deal be a 'distraction' for IBM? Unisys CEO hopes so

    The IBM-Red Hat deal could be the “distraction” competitors are looking for. Peter Altabef, CEO of Unisys, is one of several CEOs who talked about the deal on recent earnings calls. “After completing the bulk of its portfolio realignment and internal transformation initiatives, IBM Services risks being placed on autopilot while IBM shifts focus to making its largest purchase ever to bolster its software and cloud portfolio,” she says.

  • Business Wireyesterday

    Red Hat Drives Unified Foundation for Kubernetes and Virtual Machines with Red Hat OpenStack Platform 14

    Red Hat OpenStack Platform 14 is designed to simplify cloud-native application adoption and containers on bare metal, helps to enhance agility and innovation while reducing infrast

  • Icahn says VMWare should be worth $300 per share, cites Red Hat deal
    Reuters2 days ago

    Icahn says VMWare should be worth $300 per share, cites Red Hat deal

    Carl Icahn said on Monday VMWare should be worth $300 per share, the activist investor's latest bid to scuttle Dell's plan to go public by buying back shares tied to its interest in the software company. ...

  • Reuters2 days ago

    Icahn says VMWare should be worth $300 per share, cites Red Hat deal

    (Reuters) - Carl Icahn said on Monday VMWare (VMW.N) should be worth $300 per share, the activist investor's latest bid to scuttle Dell's plan to go public by buying back shares tied to its interest in ...

  • IBM Wins the Kyocera Cloud Contract
    Market Realist2 days ago

    IBM Wins the Kyocera Cloud Contract

    IBM (IBM) recently won a cloud computing contract from Kyocera. The contract, which was awarded after a competitive bidding process, calls for IBM to provide infrastructure on which Kyocera will run mission-critical applications. Kyocera said it chose IBM over competing bids because it believes IBM can provide it with a secure and flexible cloud environment.

  • PR Newswire2 days ago

    Energy Market Company and Singapore Airlines Honored as Red Hat Innovation Awards APAC 2018 Winners in Singapore

    SINGAPORE, Nov. 12, 2018 /PRNewswire/ -- Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced the winners of Red Hat Innovation Awards APAC 2018 for Singapore. Energy Market Company Pte Ltd and Singapore Airlines Ltd (SIA) were recognized at the Red Hat Forum Singapore on Nov. 8, 2018, for their outstanding and innovative usage of Red Hat solutions.

  • Why you should let your stock winners run and dump your losers ASAP
    MarketWatch4 days ago

    Why you should let your stock winners run and dump your losers ASAP

    Many investors have heard the old saw that “it’s not a stock market, but a market of stocks.” The saying is meant to imply that while we talk a lot about the general direction of a bull or bear market, it’s just as important to acknowledge the qualities of individual stocks. It’s a mindset that’s worth remembering in 2018, when the S&P 500 Index (SPX) is sitting on a middling return of about 4% since Jan. 1, but there have been plenty of fireworks when you look at individual stocks across more focused time periods. Take blue-chip General Electric (GE) which has crashed and burned about 50% this year after yet another dividend cut, and compare it with perennial high-flier Netflix (NFLX) which is up more than 70% in the same period, thanks in part to big earnings in October.

  • How the Red Hat Deal Will Affect IBM’s Repurchase Program
    Market Realist5 days ago

    How the Red Hat Deal Will Affect IBM’s Repurchase Program

    The deal to acquire Red Hat (RHT) is expected to interfere with IBM’s (IBM) share repurchase program. IBM is financing the $34 billion Red Hat deal through a combination of cash on hand and loans. Since IBM’s debt is set to rise as a result of its borrowing to finance the Red Hat deal, the company is taking measures to ensure that its debt doesn’t grow to levels that could hurt its credit rating.

  • InvestorPlace5 days ago

    Does the Red Hat Deal Make IBM Stock Worth Buying?

    Late last month, International Business Machines (NYSE:IBM) agreed to pay $34 billion for software company Red Hat (NYSE:RHT), making it not only the biggest deal in Big Blue’s 107-year history, but the biggest software acquisition ever. In the days following the deal, IBM stock retreated, but IBM stock price has since risen, taking the shares back to roughly where they were before the transaction was announced. The time to pull the trigger on IBM stock — if it’s going to be pulled at all — is now.

  • How Will IBM Finance Its Red Hat Deal?
    Market Realist5 days ago

    How Will IBM Finance Its Red Hat Deal?

    IBM (IBM) is acquiring open-source software leader Red Hat (RHT) for $34 billion, which represents a 63% premium to Red Hat’s closing price the day before the deal was made public.

  • Bitcoin Pioneer Who Gave Away Over $100 Million Has No Regrets
    Bloomberg5 days ago

    Bitcoin Pioneer Who Gave Away Over $100 Million Has No Regrets

    Looking back 10 years after its creation, Garzik says he is proud, even though Bitcoin is not what he envisioned it would become. “As a father I enjoy watching my kids grow up, even as they make mistakes or grow in ways that I wouldn’t expect," said Garzik, who has given away Bitcoin valued at more than $100 million based on current prices. During the initial period, Garzik, 44, worked directly with Nakamoto, corresponding via private email and the Bitcointalk forum, until the token’s creator abruptly disappeared in 2011.

  • Why Red Hat Inc. Shares Jumped 26% Higher Last Month
    Motley Fool6 days ago

    Why Red Hat Inc. Shares Jumped 26% Higher Last Month

    The Linux vendor and general open-source software champion is joining forces with Big Blue in a $34 billion blockbuster of a buyout.

  • Barrons.com6 days ago

    With Red Hat, IBM Makes a Big Cloud Promise. The Reality Is Far More Hazy.

    In announcing the $34 billion acquisition, IBM said it’s “completely changing the cloud landscape.” The facts would seem to suggest otherwise.

  • Business Wire6 days ago

    Red Hat Continues Drive for More Secure Enterprise IT, Re-Certifies Red Hat Enterprise Linux for FIPS 140-2

    Red Hat Enterprise Linux 7.5 and many layered technologies meet stringent software security criteria for sensitive public sector deployments

  • GlobeNewswire6 days ago

    Bragar Eagel & Squire, P.C. Reminds Investors that it is Investigating the Boards of Directors of Red Hat, Electro Scientific, and WildHorse on Behalf of Stockholders and Encourages Investors to Contact the Firm

    NEW YORK, Nov. 07, 2018 -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of Red Hat, Inc., Electro.

  • Why International Business Machines Corporation Stock Tumbled 24% Last Month
    Motley Fool7 days ago

    Why International Business Machines Corporation Stock Tumbled 24% Last Month

    Shares of the tech giant plunged on a weak earnings report and a questionable acquisition. Here's what you need to know.

  • Wednesday’s Vital Data: General Motors, IBM and Wells Fargo
    InvestorPlace7 days ago

    Wednesday’s Vital Data: General Motors, IBM and Wells Fargo

    U.S. stock futures are trading broadly higher this morning after election results reveal the Democrats wrested back control of the House for the first time in eight years. In the options pits, the quiet trading day drove overall volume levels back toward average levels. General Motors (NYSE:GM) saw continued options interest following its recent earnings win.

  • Business Wire7 days ago

    GPL Initiative Expands with 16 Additional Companies Joining Campaign for Greater Predictability in Open Source Licensing

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced that Adobe, Alibaba, Amadeus, Ant Financial, Atlassian, Atos, AT&T, Bandwidth, Etsy, GitHub, Hitachi, NVIDIA, Oath, Renesas, Tencent, and Twitter have joined an ongoing industry effort to combat harsh tactics in open source license enforcement by adopting the GPL Cooperation Commitment. By making this commitment, these 16 corporate leaders are strengthening long-standing community norms of fairness, pragmatism, and predictability in open source license compliance.

  • PR Newswire7 days ago

    SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Red Hat, Inc. - RHT

    NEW YORK , Nov. 6, 2018 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a boutique securities firm headquartered at the Empire State Building in New York ...

  • Benzinga8 days ago

    Cramer: IBM CEO Rometty Signaled 'Real Commitment' To Stock

    IBM (NYSE: IBM) CEO Ginni Rometty purchased $3 million in IBM stock this week at a time when many investors are not pleased with the company's $34-billion acquisition of Red Hat Inc (NYSE: RHT), Cramer said during his daily "Mad Money" show Monday. What's even more notable is that two-thirds of Rometty's compensation is stock-based, and this week's insider buy is her first-ever on the open market, Cramer said.

  • RED HAT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Red Hat, Inc. - RHT
    PR Newswire8 days ago

    RED HAT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Red Hat, Inc. - RHT

    NEW ORLEANS , Nov. 5, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale ...

  • TheStreet.com9 days ago

    IBM CEO Rometty Buys Almost $3 Million in Company Stock

    Chief Executive Virginia M. Rometty bought close to $3 million in company shares, according to filings made with the Securities and Exchange Commission. IBM shares were up around 4% to $120.22 on news of the buy. With a two-decade partnership with Red Hat, IBM has long worked with the Linux-based company on cloud products for its $19 billion hybrid cloud business.

  • IBM CEO Ginni Rometty Buys About $3 Million in Company Stock
    Bloomberg9 days ago

    IBM CEO Ginni Rometty Buys About $3 Million in Company Stock

    Rometty purchased roughly $1 million in the open market and $2 million through an IBM retirement fund. The CEO now owns more than 314,000 IBM shares. International Business Machines Corp. recently committed to buy back $4 billion worth of shares.

  • IBM CEO Ginni Rometty Buys About $3 Million in Company Stock
    Bloomberg9 days ago

    IBM CEO Ginni Rometty Buys About $3 Million in Company Stock

    Rometty purchased roughly $1 million in the open market and $2 million through an IBM retirement fund. The CEO now owns more than 314,000 IBM shares. International Business Machines Corp. recently committed to buy back $4 billion worth of shares.