Last $69.12 USD
Change Today -0.28 / -0.40%
Volume 792.7K
RHT On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

red hat inc (RHT) Snapshot

Open
$69.29
Previous Close
$69.40
Day High
$69.78
Day Low
$69.05
52 Week High
12/26/14 - $71.77
52 Week Low
04/28/14 - $47.45
Market Cap
12.7B
Average Volume 10 Days
1.1M
EPS TTM
$0.96
Shares Outstanding
183.4M
EX-Date
--
P/E TM
71.8x
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 for enterprise computing that runs on mainframes, servers, and work stations; 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 offerings for developing, deploying, and managing applications that are accessible through the Internet, enterprise Intranets, extranets, clouds, and virtual private networks. It also offers Red Hat Storage Server software that enables users to treat storage as a virtualized resource, for deployment on-premise and in cloud computing and hybrid environments, as well as aggregates disk and memory resources into a unified storage pool; 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 Red Hat enterprise services comprising technologies, such as high-performance distributed computing, directory services, and user authentication, as well as offers consulting, support, and training services. Red Hat, Inc. sells its enterprise technologies through annual or multi-year subscriptions. It has strategic partnerships with Advanced Micro Devices, Inc.; ARM Holdings plc; Intel Corporation; Amazon.com, Inc.; Fujitsu; Google Inc.; IBM; and Rackspace Hosting, Inc, as well as collaboration agreement with Wipro Limited and Applied Micro Circuits Corporation. 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.

6,300 Employees
Last Reported Date: 04/24/14
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

KBS Implements NCPS Cloud with Red Hat Enterprise Linux OpenStack Platform

Red Hat, Inc. has implemented an open source-based network file based caption production system, or NCPS, cloud with Red Hat Enterprise Linux OpenStack platform. KBS will continue to focus on service competitiveness. Red Hat continues to make efforts to help local customers improve their business competitiveness through open hybrid cloud solutions. KBS was seeking a cloud platform that could change the existing database management system (DBMS) to an open source-based DBMS. After a thorough evaluation of local and foreign cloud platforms, it decided to introduce a cloud-based system with Red Hat's open source solutions including Red Hat Enterprise Linux OpenStack Platform. KBS' NCPS project is the first OpenStack-based cloud system implementation among Korean broadcast networks. KBS has deployed Red Hat Enterprise Linux. Red Hat's open source solutions have provided KBS with flexible scalability and an agile system, helping the company to adapt to changing business environments, improve its utilization of system resources and its work process, and highlight KBS' leadership and competitiveness in the broadcasting service field. In addition, it helped to substantially reduce the amount of time spent for program scheduling and for channel organization, easily connecting with other systems at the broadcasting station.

Red Hat, Inc. Announces the General Availability of Red Hat Enterprise Linux OpenStack Platform 6

Red Hat, Inc. announced the general availability of Red Hat Enterprise Linux OpenStack Platform 6, featuring updates designed to serve as the foundation for building OpenStack-powered clouds for enterprise businesses with advanced cloud users, telecommunications companies, Internet service providers (ISPs), and public cloud hosting providers. Red Hat Enterprise Linux OpenStack Platform delivers the foundation for a production-ready cloud, integrating Red Hat's hardened and agile OpenStack technology with the security and stability of Red Hat Enterprise Linux. Red Hat Enterprise Linux OpenStack Platform sets a new standard for OpenStack deployments, with customers in production in every region, spanning industry verticals and enterprises of various sizes in education, financial services, government, healthcare, retail, and telecommunications. Building on its innovative co-engineered design, Red Hat Enterprise Linux OpenStack Platform 6 strengthens Red Hat's production-ready cloud platform through advancements in both the Linux and OpenStack components. Interoperability and ease of use continue to be at the forefront, starting with updates to Red Hat's intuitive graphical installer and management tools that create greater efficiency and reduce the complexities of a cloud deployment. Red Hat Enterprise Linux OpenStack Platform 6 is based on the OpenStack Juno release and includes several new features aimed at easing enterprise deployments of OpenStack technology within existing datacenters and capabilities specific to telecommunications providers to enable Network Functions Virtualization (NFV) deployments among carriers, including: IPv6 support, for both provider and tenant networks, enabling customers to assign IPv6 addresses across physical networks and OpenStack Networking (Neutron) virtual routers in stateless and stateful modes; Neutron High Availability offers an upgraded OpenStack experience with Neutron agents in â active-active mode for high availability configuration. This availability improves redundancy for networking, providing service uptime and improving stability for larger-scale production clouds; Single root I/O virtualization (SR-IOV) networking, supported by a new driver, enables users to execute network switching directly on their hardware, bypassing the hypervisor and virtual switch levels; Support for Multi-LDAP backends and domains, all within a single Identity service node, easing the installation and configuration processes for the platform, as well as long-term daily operations; Full support for data processing, moves the Sahara service from tech preview to a fully supported feature that enables big data workloads; Deeper Ceph integration with new capabilities for OpenStack Compute (Nova) and OpenStack Block Storage (Cinder), including full support for ephemeral volumes backed by the Ceph block device. This enables 'diskless' compute nodes and near-instantaneous booting of new virtual machines; and new tech preview features, highlighting Red Hat's continued innovation in the OpenStack space with feature debuts of unsupported technology previews, including bare metal provisioning and TripleO deployment and management.

Red Hat and NEC Collaborate to Develop NFV Features in OpenStack

Red Hat, Inc. and NEC Corporation have announced a collaboration to jointly develop network functions virtualization, or NFV, features in OpenStack in order to deliver carrier-grade NFV solutions with Red Hat Enterprise Linux OpenStack Platform. As communication service providers (CSPs) transform their businesses and modernize both their infrastructure and offerings, NFV enables them to deliver customer-facing services more easily and faster, with increased demand capacity. NEC's NFV capabilities integrated with Red Hat Enterprise Linux OpenStack Platform, a highly scalable Infrastructure-as-a-Service (IaaS) solution, are designed to enable CSPs to successfully implement these modernization plans. NEC and Red Hat have collaborated for more than a decade on joint open source software development.

 

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Industry Analysis

RHT

Industry Average

Valuation RHT Industry Range
Price/Earnings 74.2x
Price/Sales 7.4x
Price/Book 10.3x
Price/Cash Flow 71.4x
TEV/Sales 6.3x
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