Anticipated $0.49 EPS for Red Hat, Inc. (RHT) on June, 19

May 17, 2018 - By Brian Ramirez

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 is negative. 159 rose positions while 92 funds bought positions. Funds hold 159.29 million shares thus 1.06% more from 2017Q3’s 157.62 million shares.
Gateway Invest Advisers Limited Liability Company stated it has 9,997 shs. Utah Retirement invested in 32,876 shs. Shine Investment Advisory Incorporated accumulated 1,188 shs. Counsel owns 1.19% invested in Red Hat, Inc. (NYSE:RHT) for 24,063 shs. Marshall Wace Ltd Liability Partnership invested in 0.02% or 4,103 shs. Moneta Group Inc Advisors Ltd Liability holds 0.04% or 2,193 shs. Telemus Llc owns 220 shs or 0% of their US capital. Daiwa Gp has invested 0% in Red Hat, Inc. (NYSE:RHT). 49,150 are held by Cookson Peirce & Inc. Virginia Retirement Et Al has 0.03% invested in Red Hat, Inc. (NYSE:RHT) for 21,900 shs. Apg Asset Mgmt Nv holds 154,177 shs. Champlain Inv Ptnrs Limited Liability Corporation has 1.64% invested in Red Hat, Inc. (NYSE:RHT) for 1.20 million shs. Parkside Retail Bank Tru stated it has 0% of its capital in Red Hat, Inc. (NYSE:RHT). Jnba Financial Advsrs, a Minnesota-based fund reported 16 shs. Dekabank Deutsche Girozentrale holds 11,131 shs.

On June, 19 is awaited Red Hat, Inc. (NYSE:RHT)’s earnings report, RTT reports. Analysts predict $0.49 EPS. That’s $0.09 up or 22.50 % from 2017’s earnings of $0.4. If $0.49 is reported, RHT’s profit will hit $87.06 million for 82.63 P/E. -32.88 % negative EPS growth is what Wall Street’s predicts after $0.73 reported EPS last quarter. RHT is reaching $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 by 76.31% the S&P500.

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

A total of 25 analysts rate Red Hat (NYSE:RHT) as follows: 19 “Buy”, 6 “Hold” and 0 “Sell”. Тherefore 76% are bullish. (NYSE:RHT) has 41 ratings reports on May 17, 2018 according to StockzIntelligence. On Wednesday, December 13 Mizuho maintained the shares of RHT in report with “Buy” rating. In Tuesday, March 27 report Stifel Nicolaus maintained it with “Buy” rating and $172 target. On Tuesday, January 2 the stock of Red Hat, Inc. (NYSE:RHT) has “Buy” rating given by Deutsche Bank. The stock rating was maintained by Cowen & Co with “Buy” on Thursday, March 22. On Tuesday, March 27 the rating was maintained by J.P. Morgan with “Buy”. In Monday, December 4 report KeyBanc Capital Markets maintained it with “Buy” rating and $135.0 target. In Wednesday, March 28 report JP Morgan maintained it with “Overweight” rating and $175 target. On Monday, December 11 Cowen & Co maintained Red Hat, Inc. (NYSE:RHT) with “Buy” rating. On Wednesday, December 20 the stock of Red Hat, Inc. (NYSE:RHT) has “Hold” rating given by BMO Capital Markets. On Tuesday, March 27 the firm has “Buy” rating by Nomura given.

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.The P/E ratio is 115.69. 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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