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Red Hat Inc (RHT) Files 10-K for the Fiscal Year Ended on February 28, 2017

Red Hat Inc ( RHT ) files its latest 10-K with SEC for the fiscal year ended on February 28, 2017. Red Hat Inc is a provider of open source software solutions, using a community-powered approach to develop and offer reliable and high-performing operating system, middleware, virtualization, storage and cloud technologies. Red Hat Inc has a market cap of $15.44 billion; its shares were traded at around $87.71 with a P/E ratio of 63.54 and P/S ratio of 6.65. Red Hat Inc had annual average EBITDA growth of 15.20% over the past ten years. GuruFocus rated Red Hat Inc the business predictability rank of 5-star .

For the last quarter Red Hat Inc reported a revenue of $628.8 million, compared with the revenue of $543.5 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.4 billion, an increase of 17.5% from last year. For the last five years Red Hat Inc had an average revenue growth rate of 16.1% a year.

The reported diluted earnings per share was $1.39 for the year, an increase of 29.9% from previous year. Over the last five years Red Hat Inc had an EPS growth rate of 12.4% a year. The Red Hat Inc had a decent operating margin of 13.78%, compared with the operating margin of 14.04% a year before. The 10-year historical median operating margin of Red Hat Inc is 14.01%. The profitability rank of the company is 10 (out of 10).

At the end of the fiscal year, Red Hat Inc has the cash and cash equivalents of $1.1 billion, compared with $927.8 million in the previous year. The long term debt was $745.6 million, compared with $723.9 million in the previous year. The interest coverage to the debt is at a comfortable level of 13.9. Red Hat Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $87.71, Red Hat Inc is traded at 13.7% discount to its historical median P/S valuation band of $101.64 . The P/S ratio of the stock is 6.65, while the historical median P/S ratio is 7.71. The intrinsic value of the stock is $30.76 a share, according to GuruFocus DCF Calculator. The stock gained 17.62% during the past 12 months.

CEO Recent Trades:

  • CEO & President James M Whitehurst sold 26,250 shares of RHT stock on 04/20/2017 at the average price of $86.85. The price of the stock has increased by 0.99% since.
  • CEO & President James M Whitehurst sold 4,780 shares of RHT stock on 04/18/2017 at the average price of $85.81. The price of the stock has increased by 2.21% since.
  • CEO & President James M Whitehurst sold 12,000 shares of RHT stock on 04/03/2017 at the average price of $86.56. The price of the stock has increased by 1.33% since.
  • CEO & President James M Whitehurst sold 12,000 shares of RHT stock on 03/28/2017 at the average price of $86.5. The price of the stock has increased by 1.4% since.

Directors and Officers Recent Trades:

  • EVP, Products & Technologies Paul J Cormier sold 18,482 shares of RHT stock on 04/20/2017 at the average price of $87.43. The price of the stock has increased by 0.32% since.
  • EVP, Chief People Officer Delisa Alexander sold 7,670 shares of RHT stock on 04/20/2017 at the average price of $86.76. The price of the stock has increased by 1.09% since.
  • EVP, General Counsel Michael Cunningham sold 8,000 shares of RHT stock on 04/20/2017 at the average price of $87.15. The price of the stock has increased by 0.64% since.
  • EVP, Chief People Officer Delisa Alexander sold 1,440 shares of RHT stock on 04/18/2017 at the average price of $85.81. The price of the stock has increased by 2.21% since.
  • EVP, Global Sales & Service Arun Oberoi sold 15,000 shares of RHT stock on 04/05/2017 at the average price of $84.65. The price of the stock has increased by 3.61% since.

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This article first appeared on GuruFocus .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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