Red Hat, Inc. (RHT) will report its next earnings on Jun 21 AMC. The company reported the earnings of $0.72/Share in the last quarter where the estimated EPS by analysts was $0.69/share. The difference between the expected and actual EPS was $0.03/share, which represents an Earnings surprise of 4.3%.
Many analysts are providing their Estimated Earnings analysis for Red Hat, Inc. and for the current quarter 30 analysts have projected that the stock could give an Average Earnings estimate of $0.82/share. These analysts have also projected a Low Estimate of $0.8/share and a High Estimate of $0.91/share.
In case of Revenue Estimates, 25 analysts have provided their consensus Average Revenue Estimates for Red Hat, Inc. as 829.6 Million. According to these analysts, the Low Revenue Estimate for Red Hat, Inc. is 824.91 Million and the High Revenue Estimate is 867.4 Million. The company had Year Ago Sales of 723.36 Million.
Some buy side analysts are also providing their Analysis on Red Hat, Inc., where 5 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 2 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Red Hat, Inc. might touch $186 high while the Average Price Target and Low price Target is $166.56 and $130 respectively.
The Relative Volume of the company is 0.57 and Average Volume (3 months) is 2.05 million. The company’s P/E (price to earnings) ratio is 59.04 and Forward P/E ratio of 34.02.
The company shows its Return on Assets (ROA) value of 7%. The Return on Equity (ROE) value stands at 24%. While it’s Return on Investment (ROI) value is 17%.
While looking at the Stock’s Performance, Red Hat, Inc. currently shows a Weekly Performance of -2.31%, where Monthly Performance is -20.18%, Quarterly performance is -10.91%, 6 Months performance is 11.75% and yearly performance percentage is 42.69%. Year to Date performance value (YTD perf) value is 12.62%. The Stock currently has a Weekly Volatility of 3.23% and Monthly Volatility of 2.53%.