On Monday the American Red Hat will publish its past quarters figures. For this year Red Hat 's revenue will be around 3,38 billion USD. This is according to the average of the analysts' estimates. This is rather significant more than 2017's revenue of 2,92 billion USD.
The analysts expect for 2018 a net profit of 637 million USD. According to most of the analysts the company will have a profit per share for this book year of 3,47 USD. So the price/earnings-ratio equals an extreme 50,96.
For this year analysts don't expect the company to pay a dividend. The average dividend yield of the software & services companies is a moderate 0,5 percent.
Red Hat 's market value equals around 31,28 billion . The Red Hat stock was the past 12 months quite volatile. Since last December the stock is even 40 percent higher. This year the stock price moved between 115 and 179 dollar. Since 2008 the stock price is almost 1418 percent higher.On Thursday the stock closed at 176,82 USD.
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