Last $56.68 USD
Change Today +0.30 / 0.53%
Volume 1.1M
RHT On Other Exchanges
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As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

red hat inc (RHT) Snapshot

Open
$55.99
Previous Close
$56.38
Day High
$56.70
Day Low
$55.96
52 Week High
03/6/14 - $61.45
52 Week Low
10/14/13 - $41.89
Market Cap
10.7B
Average Volume 10 Days
1.1M
EPS TTM
$0.93
Shares Outstanding
189.1M
EX-Date
--
P/E TM
60.8x
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 designed for enterprise computing that runs on a range of hardware, such as mainframes, servers, and work stations; Red Hat Enterprise Virtualization, which comprise standalone virtualization functionality and management tools for server and desktop deployments; and Red Hat JBoss Middleware that offers a range of middleware offerings for developing, deploying, and managing applications, which are accessible via 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, which are the enterprise technologies 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. 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
President of Products & Technologies and Exec...
Total Annual Compensation: $480.0K
Chief Technology Officer and Executive Vice P...
Total Annual Compensation: $1.9M
Executive Vice President, General Counsel and...
Total Annual Compensation: $418.8K
Compensation as of Fiscal Year 2014.

red hat inc (RHT) Key Developments

Red Hat, Inc. Announces the Availability of its Inktank Ceph Enterprise 1.2

Red Hat, Inc. has announced the availability of its Inktank Ceph Enterprise 1.2 with new features to help customers store and manage an entire spectrum of data from 'hot' mission-critical data to 'cold' archival data. The new functionality, coupled with enhancements to the solution's Calamari management and monitoring platform, make Red Hat's Inktank Ceph Enterprise storage solution a flexible and cost-effective storage platform for enterprises managing data-intensive applications.

Red Hat, Inc. and Google Inc. Partner for Kubernetes to Manage Docker Containers at Scale

Red Hat, Inc. and Google Inc. have collaborated on Kubernetes to manage Docker containers at scale. Docker combines lightweight application isolation with an application-centric packaging model and the flexibility of an image-based deployment method to enable portability across bare metal systems, virtual machines and private and public clouds. Recently, they introduced support for Docker in Red Hat Enterprise Linux 7, launched Project Atomic to redefine the operating system for the paradigm shift to application-centric IT and provide a new lightweight container host, and announced a new certification for containerized applications. Google has also announced support for Docker in Google Compute Engine, enabling customers to easily deploy their Docker containers in the cloud. Red Hat is announcing that as part of Project Atomic, they are collaborating with Google to tackle the challenge of how to manage Docker containers at scale, across hundreds or thousands of hosts. Docker container orchestration and management is critical for Red Hat customers and products like Red Hat Enterprise Linux and OpenShift.

Specsavers Deploys Red Hat to Drive Open Source Technology Vision

Red Hat, Inc. announced that Specsavers has deployed Red Hat Enterprise Virtualization, Red Hat Enterprise Linux, Red Hat Satellite, and Red Hat JBoss Fuse to provide a reliable and stable platform for mission-critical applications across its range of more than 1,500 stores globally, its supply chain and datacentres in Guernsey, Denmark, and Australia. Specsavers is an enthusiastic proponent of open source software and has been a Red Hat customer for more than ten years. Over time, the company has migrated its IT infrastructure from Sun Solaris to a standardised Red Hat environment, with servers running Red Hat Enterprise Linux supporting every store, the entire supply chain and several datacentres, constituting about 80% of the organization's global technology estate. Specsavers chose to standardise on Red Hat globally as a cost-effective technology that gives the consistency, stability, and reliability required in a retail environment. For Specsavers, the low operational costs it has experienced with Red Hat open source software are essential for the health of the business as it expands, enabling it to open new stores and refresh existing stores according to budget requirements whilst delivering on quality of customer service. Red Hat JBoss Fuse powers the connectivity between the supply chain, the stores, and the head office data centre, giving Specsavers a robust, easy-to-use platform to integrate its applications, data, services and devices. The business is run on a joint venture partnership basis, with each store an independent business running store services and collecting customer data and order information. To support continued business growth, Specsavers has renewed and expanded its Red Hat Enterprise Virtualization estate across its business-critical data centres across the globe. It has increased the virtual footprint from 60 to 130 sockets following the purchase of a new Fujitsu blade server and can now run hundreds of virtual machines per blade server, benefiting from increased compute power at reduced cost.

 

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RHT

Industry Average

Valuation RHT Industry Range
Price/Earnings 61.8x
Price/Sales 6.7x
Price/Book 7.0x
Price/Cash Flow 61.0x
TEV/Sales 6.2x
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