Analysts expect over 2018 rising revenue Red Hat

Next Monday the American Red Hat will report its past quarter's results. Over the current book year the total revenue will be 2,91 billion USD (consensus estimates). This is quite more than 2016's revenue of 2,41 billion USD.

Historical revenues and results Red Hat plus estimates 2018

stock analysis

The analysts expect for 2018 a net profit of 520 million USD. The majority of the analysts expects for this year a profit per share of 2,87 USD. With this the price/earnings-ratio is an extreme 52,62.

Analysts don't expect the company to pay a dividend.The average dividend yield of the software & services companies is a limited 1 percent.

Based on the current number of shares Red Hat 's market capitalization equals 27,36 billion USD.

On Wednesday the stock closed at 151,03 USD.

Historical stock prices Red Hat past 10 years

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