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Last $74.75 USD
Change Today -0.25 / -0.33%
Volume 701.7K
RHT On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

red hat inc (RHT) Snapshot

Open
$75.23
Previous Close
$75.00
Day High
$75.41
Day Low
$74.31
52 Week High
03/30/15 - $77.82
52 Week Low
05/9/14 - $47.72
Market Cap
13.7B
Average Volume 10 Days
1.1M
EPS TTM
$0.98
Shares Outstanding
183.3M
EX-Date
--
P/E TM
76.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for RED HAT INC (RHT)

red hat inc (RHT) Details

Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. The company’s products include Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in physical, virtual, container, and cloud environments; Red Hat Enterprise Virtualization, which includes standalone virtualization functionality and management tools for server and desktop deployments; and Red Hat JBoss Middleware that offers middleware for developing, deploying, and managing applications, as well as integrating applications, data and devices, and automating business processes. It also offers Red Hat Storage Technologies that enable users to treat storage as a virtualized resource across block, object, and file system storage; and Red Hat cloud offerings that assist users in creating cloud computing environments, such as Red Hat CloudForms, Red Hat Enterprise Linux OpenStack Platform, Red Hat Cloud Infrastructure, and OpenShift by Red Hat. In addition, the company provides other technologies, such as real time operating system, distributed computing, directory services, and user authentication; and consulting, support, and training services. It sells its enterprise technologies through annual or multi-year subscriptions, as well as on-demand through cloud service providers. It has strategic relationships with semiconductor and technology companies, such as Advanced Micro Devices, Inc.; ARM Holdings plc; Intel Corporation; and International Business Machines Corporation (IBM). Red Hat, Inc. also has strategic relationships with cloud service providers, such as Amazon.com, Inc.; Fujitsu Limited; Google Inc.; IBM; Rackspace Hosting, Inc.; and SAVVIS, Inc. The company was formerly known as Red Hat Software, Inc. and changed its name to Red Hat, Inc. in June 1999. Red Hat, Inc. was founded in 1993 and is headquartered in Raleigh, North Carolina.

7,300 Employees
Last Reported Date: 04/28/15
Founded in 1993

red hat inc (RHT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $800.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $480.0K
Interim Chief Technology Officer, Executive V...
Total Annual Compensation: $480.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $418.8K
Executive Vice President of Global Sales & Se...
Total Annual Compensation: $465.0K
Compensation as of Fiscal Year 2014.

red hat inc (RHT) Key Developments

Red Hat Mulls Acquisitions

Red Hat, Inc. (NYSE:RHT) is seeking acquisitions. The company stated in a filing, "In our fiscal year ended February 28, 2015, we focused on and expect in our fiscal year ending February 29, 2016 to continue to focus on, among other things, (i) promoting the widespread adoption of Red Hat offerings by customers globally, (ii) expanding our portfolio of virtualization, management and other technology offerings that enable cloud computing, (iii) investing in the development of open source technologies, (iv) pursuing strategic acquisitions and alliances, (v) increasing revenue from our existing customer base, (vi) increasing revenue by promoting a range of services to help our customers derive additional value, (vii) expanding routes to market, and (viii) growing our presence in international markets."

Red Hat, Inc. Announces Availability of Red Hat Developer Toolset 3.1

Red Hat, Inc. announced the general availability of Red Hat Developer Toolset 3.1, Red Hat’s selection of some of the latest, stable open source C and C++ compilers and complementary development tools. Available through the Red Hat Enterprise Linux Developer Program and related subscriptions, Red Hat Developer Toolset 3.1 streamlines application development on the world’s leading enterprise Linux platform, enabling developers to compile applications once and deploy across multiple versions of Red Hat Enterprise Linux. New to Red Hat Developer Toolset 3.1 are: GNU Compiler Collection (GCC) 4.9.2, the latest stable upstream version of GCC, which provides numerous improvements and bug fixes. Eclipse 4.4.2 with support for Java 8 and updated versions of Eclipse CDT (8.6), Eclipse Linux Tools (3.2), Eclipse Mylyn (3.14.2), and Eclipse EGit/JGit (3.6.1). Additional updated packages, including GDB 7.8.2, elfutils 0.161, memstomp 0.1.5, SystemTap 2.6, Valgrind 3.10.1, Dyninst 8.2.1, and ltrace 0.7.91. As with all versions of Red Hat Developer Toolset, Red Hat Developer Toolset 3.1 allows for the creation of applications compatible with both Red Hat Enterprise Linux 6 and Red Hat Enterprise Linux 7 across physical, virtual and cloud environments, including OpenShift, Red Hat's award-winning Platform-as-a-Service (PaaS) offering. Additionally, these tools are delivered on a lifecycle separate from that of Red Hat Enterprise Linux, helping developers stay up-to-date with the latest innovations while retaining deployment stability.

Dell Inc. and Red Hat Inc. Announce an Enhanced Edition of the Dell Red Hat Cloud Solution

Dell Inc. and Red Hat Inc. announced an enhanced edition of the Dell Red Hat Cloud Solution, a co-engineered, enterprise-grade private-cloud solution based on OpenStack. The upgraded solution addresses enterprise customer demand for more flexible, elastic and agile IT services. Designed to help customers build OpenStack-powered, highly-scalable clouds, the updated solution is co-engineered with Red Hat Enterprise Linux 7 and Dell PowerEdge R630 and R730xd high-density rack servers. With its hyper-dense memory, storage flexibility and compact footprint, the PowerEdge R630 maximizes datacenter efficiency for OpenStack cloud deployments. The PowerEdge R730xd delivers an optimized balance of storage utilization and performance making it ideal for hosting massively scalable Red Hat Ceph storage. This latest release of the Dell Red Hat Cloud Solution stems from a longstanding collaboration between the two companies, and joint engineering within the OpenStack community.

 

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Industry Analysis

RHT

Industry Average

Valuation RHT Industry Range
Price/Earnings 78.8x
Price/Sales 7.7x
Price/Book 10.7x
Price/Cash Flow 76.3x
TEV/Sales 6.6x
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