Red Hat Inc: (NYSE: RHT)

$54.99

0.28 (0.51%)

Volume 2,643,375

May 17 04:03 PM ET

Zacks Rank: 4-Sell

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		54.42 - 55.59
	
		52wk Low - High
		46.34 - 60.00
	
		Previous Close
		54.71
	
		Avg. Volume
		1,721,234
	
		Industry
		COMP-SOFTWARE
	
		Market Cap
		10.43 B
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		1.24
	
		PE (Forward)
		58.33
	
		Current Year Est.
		0.94
	
		Quarterly Earnings ESP 
		-4.55%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		4
Sell

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
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		167 out of 265
	
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Updated as of 05/16/2013

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                Key Earnings Data
            
                            PE (Forward)
                            58.33
                        
                            PEG Ratio
                            3.07
                        
                            Current Year Est.
                            0.94
                        
                            Current Quarter Estimate
                            0.22
                        
                            Most Accurate Estimate
                            0.21
                        
                            Earnings ESP 
                            -4.55%
                        
                            Next Earnings Report Date
                            06-19-2013
                        
                            EPS Last Year
                            0.87
                        
                            Expected Earnings Growth
                            19.00%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Red Hat Inc. is a leading developer and provider of open source software and services, including the Red Hat Linux operating system.  Unlike proprietary software, open source software has publicly available source code and can be copied, modified and distributed with minimal restrictions.  The web site, REDHAT.COM, is a leading online source of information and news about open source software and one of the largest online communities of open source software users and developers.   
Full RHT Company Report

        
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Turn Earnings Surprises into quick profits.
 
RHT Chart  by YCharts

Earnings Estimates

	Current Qtr (05/2013)	Next Qtr (08/2013)	Current Year (02/2014)	Next Year (02/2015)
Average Estimate	0.22	0.23	0.94	1.14
Number of Estimates	10	10	11	10
Low Estimate	0.20	0.21	0.89	1.00
High Estimate	0.23	0.25	1.02	NA
Year Ago EPS	0.22	0.20	0.87	0.94
EPS Growth	-1.82%	14.00%	8.36%	21.35%

More RHT Estimates

Average Earnings Estimates for RHT

EPS Growth for RHT

Industry Analysis

Name	Symbol	Previous Close
RED HAT INC	RHT	54.99
ASPEN TECH INC	AZPN	31.15
PEGASYSTEMS INC	PEGA	32.61
PROGRESS SOFTWA	PRGS	24.17
SAP AG ADR	SAP	80.89
ACTUATE CORP	BIRT	6.51
ADVENT SOFTWARE	ADVS	31.91
CALLIDUS SOFTWR	CALD	5.46
DEALERTRACK HLD	TRAK	32.29
DESCARTES SYS	DSGX	10.37

Sector:Computer and Technology>> Industry:COMP-SOFTWARE

COMPARE TICKER vs. Its Peers

Zacks Commentary

Company News for April 1, 2013

Apr 01, 2013

Red Hat Reports Mixed 4Q Earnings

Mar 28, 2013

Will Red Hat Beat in 4Q?

Mar 22, 2013

The Zacks Analyst Blog Highlights: BMC Software, Red Hat, Compuware, Symantec and CA Inc.

Mar 01, 2013

BMC Wins Amazon and AtTask Deal

Feb 28, 2013

Stock Market News for January 24, 2013

Jan 24, 2013

Red Hat Boosts Cloud Portfolio

Dec 27, 2012

Company News for December 24, 2012

Dec 24, 2012

More RHT Zacks Commentary

Financials

EPS TTM	0.87
Sales	1,329
Net Income	150
Price/Earnings	63.21
Price/Book	6.99
Price/Cash Flow	44.54
Price/Sales	7.85

More RHT Financials

News

Tech Stocks Woes: Cloud Shift Hurting IT Spending - Investors Business Daily

May 16, 2013

Benzinga`s M&A Chatter for Wednesday May 15, 2013 - Benzinga

May 15, 2013

Stock Investors Bid Up Shares of Red Hat, Up 3.5% - Financial News Network Online - Market Movers

May 15, 2013

Potential Red Hat (RHT) Trade Targets 16.28% Return - Freshbrewedmedia

May 14, 2013

Red Hat Expands Technical Account Management Services to Offer SAP(R) Solution-centric Support - Businesswire

May 14, 2013

Meet the 22 Most Important People Behind Bitcoin - Benzinga

May 8, 2013

Potential Red Hat (RHT) Trade Has $46.55 Breakeven - Freshbrewedmedia

May 8, 2013

Shares of Allot Communications Rank the Highest in Terms of Relative Performance in the Systems Software Industry (ALLT, VMW, RHT, MSFT, ROVI) - Financial News Network Online - News Corner

May 7, 2013

See All News Stories on RHT

Broker Recommendations

Current ABR	1.88
ABR (Last Week)	1.88
# of recs in ABR	25
Average Target Price	59.50
Industry Rank by ABR	167 out of 265
Rank in Industry	58 out of 77

More RHT Broker Recommendations

Day Low - High	54.42 - 55.59
52wk Low - High	46.34 - 60.00
Previous Close	54.71
Avg. Volume	1,721,234
Industry	COMP-SOFTWARE
Market Cap	10.43 B
Div - Yield	0.00 - 0.00
Beta	1.24
PE (Forward)	58.33
Current Year Est.	0.94
Quarterly Earnings ESP	-4.55%

PE (Forward)	58.33
PEG Ratio	3.07
Current Year Est.	0.94
Current Quarter Estimate	0.22
Most Accurate Estimate	0.21
Earnings ESP	-4.55%
Next Earnings Report Date	06-19-2013
EPS Last Year	0.87
Expected Earnings Growth	19.00%

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Red Hat Inc: (NYSE: RHT)

$54.99

0.28 (0.51%)

Volume 2,643,375

May 17 04:03 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description