Intrinsic value of Red Hat - RHT

Previous Close

$125.47

  Intrinsic Value

$73.86

stock screener

  Rating & Target

sell

-41%

Previous close

$125.47

 
Intrinsic value

$73.86

 
Up/down potential

-41%

 
Rating

sell

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of RHT stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2017(a)
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  17.54
  21.60
  19.94
  18.45
  17.10
  15.89
  14.80
  13.82
  12.94
  12.15
  11.43
  10.79
  10.21
  9.69
  9.22
  8.80
  8.42
  8.08
  7.77
  7.49
  7.24
  7.02
  6.82
  6.63
  6.47
  6.32
  6.19
  6.07
  5.97
  5.87
  5.78
Revenue, $m
  2,412
  2,933
  3,518
  4,167
  4,879
  5,655
  6,492
  7,389
  8,345
  9,359
  10,428
  11,553
  12,733
  13,967
  15,254
  16,596
  17,993
  19,446
  20,957
  22,527
  24,159
  25,854
  27,617
  29,449
  31,354
  33,337
  35,402
  37,551
  39,791
  42,127
  44,562
Variable operating expenses, $m
 
  2,497
  2,974
  3,503
  4,085
  4,717
  5,400
  6,132
  6,912
  7,739
  8,612
  9,426
  10,388
  11,395
  12,445
  13,540
  14,680
  15,865
  17,098
  18,379
  19,710
  21,093
  22,531
  24,026
  25,580
  27,198
  28,882
  30,636
  32,463
  34,369
  36,356
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  2,080
  2,497
  2,974
  3,503
  4,085
  4,717
  5,400
  6,132
  6,912
  7,739
  8,612
  9,426
  10,388
  11,395
  12,445
  13,540
  14,680
  15,865
  17,098
  18,379
  19,710
  21,093
  22,531
  24,026
  25,580
  27,198
  28,882
  30,636
  32,463
  34,369
  36,356
Operating income, $m
  332
  436
  544
  663
  794
  937
  1,091
  1,257
  1,433
  1,619
  1,816
  2,128
  2,345
  2,572
  2,809
  3,056
  3,314
  3,581
  3,859
  4,149
  4,449
  4,761
  5,086
  5,423
  5,774
  6,139
  6,520
  6,915
  7,328
  7,758
  8,207
EBITDA, $m
  417
  565
  677
  802
  939
  1,089
  1,250
  1,423
  1,607
  1,802
  2,008
  2,224
  2,451
  2,689
  2,937
  3,195
  3,464
  3,744
  4,035
  4,337
  4,651
  4,978
  5,317
  5,670
  6,036
  6,418
  6,816
  7,230
  7,661
  8,110
  8,579
Interest expense (income), $m
  2
  26
  29
  52
  78
  107
  138
  172
  208
  246
  287
  330
  375
  422
  472
  523
  577
  633
  691
  752
  815
  880
  949
  1,019
  1,093
  1,169
  1,249
  1,332
  1,418
  1,508
  1,601
Earnings before tax, $m
  320
  410
  515
  611
  716
  830
  953
  1,085
  1,225
  1,373
  1,530
  1,798
  1,970
  2,150
  2,338
  2,533
  2,737
  2,948
  3,168
  3,397
  3,634
  3,881
  4,137
  4,404
  4,681
  4,970
  5,271
  5,584
  5,910
  6,250
  6,605
Tax expense, $m
  66
  111
  139
  165
  193
  224
  257
  293
  331
  371
  413
  486
  532
  581
  631
  684
  739
  796
  855
  917
  981
  1,048
  1,117
  1,189
  1,264
  1,342
  1,423
  1,508
  1,596
  1,688
  1,783
Net income, $m
  254
  299
  376
  446
  523
  606
  696
  792
  894
  1,003
  1,117
  1,313
  1,438
  1,570
  1,707
  1,849
  1,998
  2,152
  2,313
  2,479
  2,653
  2,833
  3,020
  3,215
  3,417
  3,628
  3,848
  4,076
  4,314
  4,563
  4,822

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  1,461
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  4,535
  3,736
  4,481
  5,308
  6,216
  7,203
  8,270
  9,413
  10,631
  11,922
  13,285
  14,718
  16,220
  17,792
  19,432
  21,142
  22,921
  24,773
  26,697
  28,697
  30,775
  32,935
  35,180
  37,514
  39,942
  42,468
  45,097
  47,836
  50,690
  53,664
  56,767
Adjusted assets (=assets-cash), $m
  3,074
  3,736
  4,481
  5,308
  6,216
  7,203
  8,270
  9,413
  10,631
  11,922
  13,285
  14,718
  16,220
  17,792
  19,432
  21,142
  22,921
  24,773
  26,697
  28,697
  30,775
  32,935
  35,180
  37,514
  39,942
  42,468
  45,097
  47,836
  50,690
  53,664
  56,767
Revenue / Adjusted assets
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
  0.785
Average production assets, $m
  320
  390
  468
  554
  649
  752
  863
  983
  1,110
  1,245
  1,387
  1,537
  1,693
  1,858
  2,029
  2,207
  2,393
  2,586
  2,787
  2,996
  3,213
  3,439
  3,673
  3,917
  4,170
  4,434
  4,708
  4,994
  5,292
  5,603
  5,927
Working capital, $m
  425
  -1,261
  -1,513
  -1,792
  -2,098
  -2,432
  -2,791
  -3,177
  -3,588
  -4,024
  -4,484
  -4,968
  -5,475
  -6,006
  -6,559
  -7,136
  -7,737
  -8,362
  -9,012
  -9,687
  -10,388
  -11,117
  -11,875
  -12,663
  -13,482
  -14,335
  -15,223
  -16,147
  -17,110
  -18,114
  -19,162
Total debt, $m
  747
  822
  1,492
  2,236
  3,053
  3,942
  4,902
  5,930
  7,027
  8,189
  9,415
  10,705
  12,057
  13,472
  14,948
  16,487
  18,088
  19,754
  21,486
  23,286
  25,157
  27,101
  29,121
  31,222
  33,407
  35,680
  38,047
  40,511
  43,080
  45,757
  48,550
Total liabilities, $m
  3,288
  3,363
  4,033
  4,777
  5,594
  6,483
  7,443
  8,471
  9,568
  10,730
  11,956
  13,246
  14,598
  16,013
  17,489
  19,028
  20,629
  22,295
  24,027
  25,827
  27,698
  29,642
  31,662
  33,763
  35,948
  38,221
  40,588
  43,052
  45,621
  48,298
  51,091
Total equity, $m
  1,247
  374
  448
  531
  622
  720
  827
  941
  1,063
  1,192
  1,328
  1,472
  1,622
  1,779
  1,943
  2,114
  2,292
  2,477
  2,670
  2,870
  3,078
  3,294
  3,518
  3,751
  3,994
  4,247
  4,510
  4,784
  5,069
  5,366
  5,677
Total liabilities and equity, $m
  4,535
  3,737
  4,481
  5,308
  6,216
  7,203
  8,270
  9,412
  10,631
  11,922
  13,284
  14,718
  16,220
  17,792
  19,432
  21,142
  22,921
  24,772
  26,697
  28,697
  30,776
  32,936
  35,180
  37,514
  39,942
  42,468
  45,098
  47,836
  50,690
  53,664
  56,768
Debt-to-equity ratio
  0.599
  2.200
  3.330
  4.210
  4.910
  5.470
  5.930
  6.300
  6.610
  6.870
  7.090
  7.270
  7.430
  7.570
  7.690
  7.800
  7.890
  7.970
  8.050
  8.110
  8.170
  8.230
  8.280
  8.320
  8.360
  8.400
  8.440
  8.470
  8.500
  8.530
  8.550
Adjusted equity ratio
  -0.070
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  254
  299
  376
  446
  523
  606
  696
  792
  894
  1,003
  1,117
  1,313
  1,438
  1,570
  1,707
  1,849
  1,998
  2,152
  2,313
  2,479
  2,653
  2,833
  3,020
  3,215
  3,417
  3,628
  3,848
  4,076
  4,314
  4,563
  4,822
Depreciation, amort., depletion, $m
  85
  129
  134
  139
  145
  151
  158
  166
  174
  182
  191
  97
  107
  117
  128
  139
  151
  163
  175
  188
  202
  216
  231
  246
  262
  279
  296
  314
  333
  352
  373
Funds from operations, $m
  989
  428
  509
  585
  668
  758
  854
  958
  1,068
  1,185
  1,308
  1,409
  1,545
  1,686
  1,834
  1,988
  2,148
  2,315
  2,488
  2,668
  2,855
  3,049
  3,251
  3,461
  3,680
  3,907
  4,144
  4,390
  4,647
  4,915
  5,194
Change in working capital, $m
  205
  -224
  -251
  -279
  -306
  -333
  -360
  -386
  -411
  -436
  -460
  -484
  -507
  -530
  -554
  -577
  -601
  -625
  -650
  -675
  -702
  -729
  -758
  -788
  -819
  -853
  -888
  -924
  -963
  -1,004
  -1,047
Cash from operations, $m
  784
  652
  761
  864
  974
  1,091
  1,214
  1,344
  1,479
  1,621
  1,768
  1,893
  2,052
  2,217
  2,388
  2,565
  2,749
  2,940
  3,138
  3,343
  3,556
  3,778
  4,009
  4,249
  4,499
  4,760
  5,031
  5,315
  5,610
  5,919
  6,242
Maintenance CAPEX, $m
  0
  -20
  -25
  -29
  -35
  -41
  -47
  -54
  -62
  -70
  -78
  -87
  -97
  -107
  -117
  -128
  -139
  -151
  -163
  -175
  -188
  -202
  -216
  -231
  -246
  -262
  -279
  -296
  -314
  -333
  -352
New CAPEX, $m
  -81
  -70
  -78
  -86
  -95
  -103
  -111
  -119
  -127
  -135
  -142
  -150
  -157
  -164
  -171
  -178
  -186
  -193
  -201
  -209
  -217
  -226
  -234
  -244
  -253
  -264
  -275
  -286
  -298
  -311
  -324
Cash from investing activities, $m
  -110
  -90
  -103
  -115
  -130
  -144
  -158
  -173
  -189
  -205
  -220
  -237
  -254
  -271
  -288
  -306
  -325
  -344
  -364
  -384
  -405
  -428
  -450
  -475
  -499
  -526
  -554
  -582
  -612
  -644
  -676
Free cash flow, $m
  674
  562
  659
  748
  845
  947
  1,056
  1,170
  1,290
  1,416
  1,548
  1,656
  1,798
  1,946
  2,100
  2,259
  2,424
  2,596
  2,774
  2,959
  3,151
  3,351
  3,558
  3,774
  3,999
  4,234
  4,478
  4,733
  4,998
  5,276
  5,565
Issuance/(repayment) of debt, $m
  -2
  75
  671
  744
  817
  889
  960
  1,029
  1,096
  1,162
  1,227
  1,290
  1,352
  1,414
  1,476
  1,539
  1,602
  1,666
  1,732
  1,800
  1,871
  1,944
  2,020
  2,101
  2,185
  2,273
  2,367
  2,465
  2,568
  2,677
  2,793
Issuance/(repurchase) of shares, $m
  -436
  288
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -504
  363
  671
  744
  817
  889
  960
  1,029
  1,096
  1,162
  1,227
  1,290
  1,352
  1,414
  1,476
  1,539
  1,602
  1,666
  1,732
  1,800
  1,871
  1,944
  2,020
  2,101
  2,185
  2,273
  2,367
  2,465
  2,568
  2,677
  2,793
Total cash flow (excl. dividends), $m
  163
  925
  1,329
  1,492
  1,661
  1,836
  2,015
  2,199
  2,387
  2,578
  2,774
  2,946
  3,151
  3,361
  3,576
  3,798
  4,026
  4,262
  4,506
  4,759
  5,022
  5,295
  5,579
  5,875
  6,184
  6,507
  6,844
  7,197
  7,567
  7,953
  8,358
Retained Cash Flow (-), $m
  87
  -588
  -75
  -83
  -91
  -99
  -107
  -114
  -122
  -129
  -136
  -143
  -150
  -157
  -164
  -171
  -178
  -185
  -192
  -200
  -208
  -216
  -224
  -233
  -243
  -253
  -263
  -274
  -285
  -297
  -310
Prev. year cash balance distribution, $m
 
  1,461
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  1,798
  1,255
  1,410
  1,571
  1,737
  1,909
  2,085
  2,265
  2,449
  2,638
  2,803
  3,001
  3,203
  3,412
  3,627
  3,848
  4,077
  4,314
  4,559
  4,814
  5,079
  5,354
  5,642
  5,942
  6,254
  6,582
  6,923
  7,281
  7,656
  8,048
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  1,724
  1,149
  1,227
  1,293
  1,347
  1,385
  1,408
  1,416
  1,407
  1,383
  1,331
  1,280
  1,218
  1,145
  1,065
  978
  887
  794
  702
  612
  525
  444
  370
  303
  243
  192
  149
  113
  84
  61
Current shareholders' claim on cash, %
  100
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0

Red Hat, Inc. (Red Hat) provides open source software solutions, using a community-powered approach to develop and offer operating system, virtualization, management, middleware, cloud, mobile and storage technologies. Red Hat operates through three geographical segments: the Americas, including the United States, Canada and Latin America; EMEA, including Europe, Middle East and Africa, and Asia Pacific. Its products and services include infrastructure-related offerings, application development-related and other technology offerings, and consulting, support and training services. Its infrastructure-related offerings include Red Hat Enterprise Linux, Red Hat Satellite and Red Hat Enterprise Virtualization. Its application development-related and other technology offerings include Red Hat JBoss Middleware, Red Hat cloud offerings, Red Hat Mobile and Red Hat Storage. Its consulting services include upgrade planning, platform migrations, solution integration and application development.

FINANCIAL RATIOS  of  Red Hat (RHT)

Valuation Ratios
P/E Ratio 87.4
Price to Sales 9.2
Price to Book 17.8
Price to Tangible Book
Price to Cash Flow 28.3
Price to Free Cash Flow 31.6
Growth Rates
Sales Growth Rate 17.5%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 44.6%
Cap. Spend. - 3 Yr. Gr. Rate -3.7%
Financial Strength
Quick Ratio NaN
Current Ratio 0.1
LT Debt to Equity 59.9%
Total Debt to Equity 59.9%
Interest Coverage 161
Management Effectiveness
Return On Assets 5.9%
Ret/ On Assets - 3 Yr. Avg. 5.4%
Return On Total Capital 12.5%
Ret/ On T. Cap. - 3 Yr. Avg. 10.8%
Return On Equity 19.7%
Return On Equity - 3 Yr. Avg. 15.8%
Asset Turnover 0.6
Profitability Ratios
Gross Margin 85.3%
Gross Margin - 3 Yr. Avg. 85%
EBITDA Margin 16.9%
EBITDA Margin - 3 Yr. Avg. 17.5%
Operating Margin 13.8%
Oper. Margin - 3 Yr. Avg. 13.9%
Pre-Tax Margin 13.3%
Pre-Tax Margin - 3 Yr. Avg. 13.7%
Net Profit Margin 10.5%
Net Profit Margin - 3 Yr. Avg. 10.1%
Effective Tax Rate 20.6%
Eff/ Tax Rate - 3 Yr. Avg. 26%
Payout Ratio 0%

RHT stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the RHT stock intrinsic value calculation we used $2412 million for the last fiscal year's total revenue generated by Red Hat. The default revenue input number comes from 2017 income statement of Red Hat. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our RHT stock valuation model: a) initial revenue growth rate of 21.6% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for RHT is calculated based on our internal credit rating of Red Hat, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Red Hat.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of RHT stock the variable cost ratio is equal to 85.9%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for RHT stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for Red Hat.

Corporate tax rate of 27% is the nominal tax rate for Red Hat. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the RHT stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for RHT are equal to 13.3%.

Life of production assets of 15.9 years is the average useful life of capital assets used in Red Hat operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for RHT is equal to -43%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1247 million for Red Hat - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 178.435 million for Red Hat is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Red Hat at the current share price and the inputted number of shares is $22.4 billion.

RELATED COMPANIES Price Int.Val. Rating
IBM International 169.12 173.04  hold
MSFT Microsoft 90.10 55.03  sell
ORCL Oracle 50.23 36.10  sell
HPE Hewlett Packar 15.97 68.58  str.buy
DVMT Dell Technolog 88.39 213.88  str.buy
VMW VMware 135.63 114.06  hold
GOOGL Alphabet Cl A 1,135.97 1,028.37  hold
NTAP NetApp 63.30 23.07  str.sell
SAP SAP ADR 111.67 85.52  sell

COMPANY NEWS

▶ 3 Growth Stocks to Buy and Hold for 25 Years   [Jan-17-18 08:11AM  Motley Fool]
▶ How Red Hat, Inc. Stock Rose 72% in 2017   [Jan-09-18 12:34PM  Motley Fool]
▶ 4 Ways For Investors To Play CES 2018   [Jan-08-18 03:59PM  Benzinga]
▶ Red Hat Clears Technical Benchmark, Hitting 90-Plus RS Rating   [Dec-22-17 03:00AM  Investor's Business Daily]
▶ ETFs with exposure to Red Hat, Inc. : December 21, 2017   [Dec-21-17 11:46AM  Capital Cube]
▶ Red Hat: S&P 500s Top Loser on December 20   [10:32AM  Market Realist]
▶ Why Red Hat is good for Raleigh - the answer is not so obvious   [09:10AM  American City Business Journals]
▶ The Biggest Loser: Red Hat Drops 5.3%   [04:20PM  Barrons.com]
▶ Plenty to Like in Red Hat's Results   [Dec-19-17 11:10PM  Morningstar]
▶ Red Hat Inc (RHT) Q3 Earnings Pop 19.7% Y2Y   [05:29PM  InvestorPlace]
▶ Red Hat Third-Quarter Results Plus Outlook Top Estimates   [04:44PM  Investor's Business Daily]
▶ Red Hat tops Street 3Q forecasts   [04:29PM  Associated Press]
▶ Red Hat Earnings Preview   [07:10AM  Benzinga]
▶ Tax Vote, Bitcoin, Nike, Micron, Red Hat: Investing Action Plan   [Dec-15-17 03:55PM  Investor's Business Daily]
▶ 3 Cloud Stocks to Buy Right Now   [Dec-12-17 01:49PM  Zacks]
▶ Fedora 27 Now Generally Available   [Nov-14-17 09:30AM  Business Wire]
▶ 3 Cloud Stocks to Buy Right Now   [Nov-13-17 01:29PM  Zacks]
▶ ETFs with exposure to Red Hat, Inc. : November 3, 2017   [Nov-03-17 12:31PM  Capital Cube]
▶ Red Hat Is Red Hot: Stock Looks Headed Toward $150   [Oct-28-17 08:00AM  TheStreet.com]
▶ Red Hat Is Red Hot: Stock Looks Headed Toward $150   [Oct-27-17 03:34PM  TheStreet.com]
▶ New FANGs for Halloween: Best of Cramer   [Oct-24-17 04:53PM  TheStreet.com]
▶ ETFs with exposure to Red Hat, Inc. : October 10, 2017   [Oct-10-17 11:46AM  Capital Cube]
▶ Whats Red Hats Value Proposition in the US Software Space?   [Oct-06-17 10:36AM  Market Realist]
▶ Will Red Hat Continue Its Upward Trajectory?   [Oct-05-17 10:37AM  Market Realist]
▶ Why Red Hat Stock Rose More than 4% This Week   [09:07AM  Market Realist]
Financial statements of RHT
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.