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

May 17, 2018 - By Mary Anderson

Red Hat, Inc. (NYSE:RHT) Corporate Logo
Big Money Sentiment decreased to 1.12 in 2017 Q4. It has change of 0.11, from 2017Q3’s 1.23. The ratio fall due to Red Hat, Inc. positioning: 45 sold and 179 reduced. 92 funds took positions and 159 increased positions. Investors holded 157.62 million in 2017Q3 but now own 159.29 million shares or 1.06% more.
Verition Fund Management Ltd Liability Company invested in 0.16% or 14,019 shs. Natixis reported 6,283 shs stake. British Columbia Inv Mngmt holds 0.06% of its capital in Red Hat, Inc. (NYSE:RHT) for 74,065 shs. Arizona State Retirement Systems reported 67,101 shs. Whittier Trust invested in 322 shs or 0% of the stock. Acadian Asset Llc owns 0.03% invested in Red Hat, Inc. (NYSE:RHT) for 50,685 shs. Asset Management Inc stated it has 15,621 shs or 0.06% of all its holdings. Glg Limited Liability Company holds 0.07% of its capital in Red Hat, Inc. (NYSE:RHT) for 8,545 shs. Gideon Advisors holds 0.6% or 5,709 shs in its capital. Los Angeles Cap Mngmt And Equity Research owns 3,298 shs. Rampart Mgmt Ltd Liability holds 0.11% of its capital in Red Hat, Inc. (NYSE:RHT) for 2,375 shs. Mastrapasqua Asset Management Incorporated owns 0.82% invested in Red Hat, Inc. (NYSE:RHT) for 33,706 shs. Quantbot Technology Ltd Partnership has 14,405 shs for 0.16% of their capital. Capital Serv Of America, Wisconsin-based fund reported 52,150 shs. 4,103 are held by Marshall Wace Llp.

On June, 19 Red Hat, Inc. (NYSE:RHT)’s earnings release is anticipated by WallStreet, according to Faxor. This year’s EPS analyst estimate is anticipated to be $0.49. That is 22.50 % up compareed to $0.4 EPS for last year. This could hit $87.06 million profit for RHT assuming the current $0.49 EPS will become reality. Wall Street now sees -32.88 % negative EPS growth despite Red Hat, Inc. previous quarter’s EPS of $0.73. The stock decreased 0.98% or $1.6 during the last trading session, hitting $161.96.Red Hat, Inc. is uptrending after having risen 87.86% since May 17, 2017. RHT has 2.07M volume or 13.36% up from normal. RHT outperformed by 76.31% the S&P 500.

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

Total analysts of 25 have positions in Red Hat (NYSE:RHT) as follows: 19 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 76%. Since December 4, 2017 according to StockzIntelligence Inc Red Hat has 41 analyst reports. On Monday, March 19 the company was maintained by Barclays Capital. On Tuesday, January 2 the firm earned “Buy” rating by Deutsche Bank. The company rating was maintained by BMO Capital Markets on Friday, March 23. On Tuesday, March 27 Credit Suisse maintained Red Hat, Inc. (NYSE:RHT) rating. Credit Suisse has “Neutral” rating and $150 target. The company rating was maintained by BMO Capital Markets on Wednesday, December 20. On Wednesday, December 20 the stock has “Hold” rating by Jefferies. In Tuesday, March 27 report Stifel Nicolaus maintained it with “Buy” rating and $172 target. On Tuesday, March 27 JMP Securities maintained Red Hat, Inc. (NYSE:RHT) with “Market Outperform” rating. On Monday, March 26 the firm earned “Buy” rating by KeyBanc Capital Markets. On Tuesday, March 27 the firm has “Buy” rating by Northland Capital 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.115.69 is the P/E ratio. 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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