Stock Updates

Today’s Top Gainers in the Market Red Hat, Inc. (NYSE:RHT) from Technology

Today’s top gainers include the company Red Hat, Inc. (NYSE:RHT) which is in the industry Application Software, gaining -0.84% today. In the last week its performance is -2.21%, and -4.37% for the past quarter. Currently, Red Hat, Inc., RHT has a target price of 87.82, so today’s gain of -0.84% is a significant step towards its target price. The GAP today is therefore -0.07%.

Red Hat, Inc. (NYSE:RHT), has a market cap of 13146.81, and is based in USA. Insider ownership is at 0.60%, and institutional ownership is 96.90%.

At the current price of 71.99, it has a dividend yield of *TBA, and its target price is 87.82. This is with a profit margin of 9.90%, and total debt/equity of 0.54. Red Hat, Inc. (NYSE:RHT) has a P/E of 62.87, as well as a forward P/E of 27.7.

With a current EPS of 1.15, and a forecasted EPS growth for next year at 17.50%,Red Hat, Inc. (NYSE:RHT) has had a EPS growth for the past five years at 14.30%. For the next five years EPS growth is projected to be 17.14%.

Performance for the year is -6.36%. Since its IPO date on 08/11/1999, the total performance to date is -13.07%.

Volume today for Red Hat, Inc. (NYSE:RHT), is 1894476, while its average volume is 1345.69. Whilst the total gain today was -0.84%, it did have a day high of -12.00%.

Volatility for this week has been at 2.32%, and 2.04% for the month. The 52-week low for Red Hat, Inc., RHT has been 20.81%, while the 52-week-high has reached -14.74%.

Looking at its return of investments, which is 10.30%, and its return on assets is 5.30%. Red Hat, Inc. (NYSE:RHT) has an operating margin of 13.70%. With a sales growth of 18.10% quarter over quarter. Bearing in mind that Red Hat, Inc., RHT is in the sector Technology, its long-term debt/equity is 0.54, and has a current ratio of 1.3 and 1.3 for quick ratio.

So what is the value of Red Hat, Inc.? Well its PEG is 3.67, and the P/S is 6.15, along with a P/B of 9.66. Meanwhile it has a p/cash of 9.41.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

Leave a Comment