Red Hat, Inc. (RHT) EPS Estimated At $0.50

Marco Green
December 11, 2017

With 3,400 avg volume, 477 days are for NCC GROUP PLC MANCHESTER ORD UNI (OTCMKTS:NCCGF)'s short sellers to cover NCCGF's short positions. It has underperformed by 48.15% the S&P500.

Sandhill Capital Partners Llc increased Red Hat Inc Com (RHT) stake by 5.63% reported in 2017Q2 SEC filing. It worsened, as 25 investors sold Red Hat, Inc. shares while 161 reduced holdings. The Jericho Capital Asset Management Lp holds 997,017 shares with $95.46 million value, down from 1.07M last quarter. Red Hat's quarterly revenue was up 20.6% compared to the same quarter last year. research analysts predict that Red Hat will post 2 earnings per share for the current year.

Shares of Red Hat Inc (NYSE:RHT) traded up $1.49 on Friday, reaching $125.29. Bronfman E.L. Rothschild L.P. now owns 1,521 shares of the open-source software company's stock worth $132,000 after buying an additional 21 shares during the period. (ECC) has risen 22.25% since December 9, 2016 and is uptrending. It has outperformed by 2.27% the S&P500.

NCC Group plc provides information assurance solutions to organizations worldwide. It operates through three divisions: Group Escrow, Assurance, and Domain Services. It now has negative earnings. 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. SG Americas Securities LLC's holdings in Red Hat were worth $3,954,000 at the end of the most recent quarter. (NYSE:RHT) rating on Sunday, July 23. During the same quarter previous year, the business posted $0.55 EPS. RHT's profit would be $88.47 million giving it 62.65 P/E if the $0.50 EPS is correct. Red Hat's quarterly revenue was up 20.6% on a year-over-year basis. equities research analysts anticipate that Red Hat Inc will post 2 earnings per share for the current year. One analyst has rated the stock with a sell rating, nine have issued a hold rating and twenty-four have assigned a buy rating to the stock. Therefore 73% are positive. Wells Fargo & Company reissued an "outperform" rating and issued a $124.00 price objective (up from $120.00) on shares of Red Hat in a research note on Wednesday, September 27th. The rating was maintained by BMO Capital Markets on Monday, August 14 with "Hold". Oppenheimer maintained Red Hat, Inc. The stock has "Hold" rating by Jefferies on Thursday, September 22. Sanford C. Bernstein assumed coverage on Red Hat in a research report on Wednesday, May 24th. (NYSE:RHT) earned "Neutral" rating by Bank of America on Tuesday, January 26. The company was maintained on Monday, September 18 by Barclays Capital. (NYSE:RHT) rating on Thursday, June 23. BMO Capital Markets maintained it with "Hold" rating and $107.0 target in Friday, September 15 report. Robert W. Baird downgraded Red Hat, Inc. RBC Capital Markets maintained it with "Outperform" rating and $95 target in Friday, December 18 report.

It last reported revenues of $1.6 billion and EPS of $0.09 for the September 2017, representing -11% top-line growth and 0.7 EPS growth. (NYSE:RHT). Cls Invs Ltd holds 0% or 46 shares.

A number of other hedge funds have also recently made changes to their positions in RHT. Following the sale, the insider now owns 8,751 shares in the company, valued at approximately $1,059,133.53.

Yelp Inc. (YELP) remained successful in beating the consensus-estimated -$0.01 as it actually earned $0.09 per share in its last reported financial results. The institutional investor owned 9,534 shares of the open-source software company's stock after acquiring an additional 2,523 shares during the period. 4,691 were accumulated by Yhb Investment Advisors Inc. (NYSE:RHT). The Japan-based Sumitomo Mitsui Trust Inc has invested 0.08% in Red Hat, Inc. (NYSE:RHT). Fifth Third Bancorporation has invested 0% in Red Hat, Inc. (NYSE:RHT). American Registered Inv Advisor owns 5,870 shares. Peak6 Investments Lp holds 56,393 shares or 0.03% of its portfolio. Harding Loevner L P holds 0% of its portfolio in Red Hat, Inc. (NYSE:RHT). Teacher Retirement Sys Of Texas holds 24,090 shares. (NYSE:RHT) for 401,167 shares. Airain Ltd has invested 0.06% in Red Hat, Inc. Wealth Enhancement Advisory Services Ltd Liability owns 10,451 shares. Arrowgrass Ptnrs (Us) LP has invested 0.98% in Red Hat, Inc. (NYSE:RHT) or 85,000 shares.

Two Sigma Securities Llc decreased Johnson & Johnson (NYSE:JNJ) stake by 17,930 shares to 29,301 valued at $3.88 million in 2017Q2. It also upped Liberty Media Corp Delaware stake by 856,105 shares and now owns 1.70 million shares. (NASDAQ:MORN). Arrowstreet Partnership invested 0.03% of its portfolio in Morningstar, Inc.

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