Analysts expect over 2019 rising revenue Red Hat

Tomorrow Red Hat will publish its past quarters results. For this year Red Hat's revenue will be around 3,88 billion USD. This is according to the average of the analysts' estimates. This is quite more than 2018's revenue of 3,36 billion USD.

Historical revenues and results Red Hat plus estimates 2019

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The analysts expect for 2019 a net profit of 731 million USD. According to most of the analysts the company will have a profit per share for this book year of 3,97 USD. The price-earnings-ratio equals 46,92.

Analysts don't expect the company to pay a dividend. The average dividend yield of the software & services companies is a poor 0,5 percent.

Red Hat's market capitalization is based on the number of outstanding shares around 32,99 billion USD. The Red Hat stock was the past 12 months quite unstable. Since last June the stock is 6 percent higher. This year the stock price moved between 115 and 187 dollar.

On Monday, the stock closed at 186,28 USD.

Historical stock prices Red Hat past 10 years

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