Two Stable Stocks: Red Hat, Inc. (NYSE:RHT), Citigroup Inc. (NYSE:C)

u.s stocks

Red Hat, Inc. (NYSE:RHT)

The company announced its last quarter financial performance results on 12/21/2016. Red Hat, Inc. (NYSE:RHT) belongs to Computer and Technology sector that declined -13.89% in value when last trading session closed at $68.71. The company has a market capitalization of $12.41 Billion. The company’s stock has a Return on Assets (ROA) of 5.4 percent, a Return on Equity (ROE) of 16.4 percent and Return on Investment (ROI) of 10.3 percent. The company reached its 52-Week high of $84.44 on Dec 30, 2015 and 52-Week low of $59.59 on Feb 8, 2016.

Earnings per share (ttm) for Red Hat, Inc. (NYSE:RHT) according to Finviz Data is $1.19.

The growth estimate for Red Hat, Inc. (NYSE:RHT) for the current quarter is 20.8 percent. The projected growth estimate for the next quarter is 17.3 percent. The company’s stock has grown by 14.7 percent in the past 5 years. For the next 5 years, the company is expected to grow by 16.78 percent.

This company was Downgrade by Stifel on 22-Dec-16  to Hold.

The 29 analysts offering 12-month price forecasts for Red Hat Inc have a median target of 90.00, with a high estimate of 110.00 and a low estimate of 75.00. The median estimate represents a +30.99% increase from the last price of 68.71.

Financial History:

Following Earnings result, share price were UP 14 times out of last 26 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 100% percent of times. It has met expectations  0 times and missed earnings  0 times.

The consensus recommendation for Red Hat, Inc. (NYSE:RHT) is 1.31. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 1.31. In comparison, the consensus recommendation 60 days ago was at 1.28, and 90 days ago was at 1.29 respectively.

Future Expectations:

When the current quarter ends, Wall Street expects Red Hat, Inc. to have earnings per share of $0.58.

Revenue is expected to range from 612.9 Million to 623.4 Million with an average of 618.02 Million.

Company Profile:

Red Hat Inc. is a leading developer and provider of open source software and services, including the Red Hat Linux operating system.  Unlike proprietary software, open source software has publicly available source code and can be copied, modified and distributed with minimal restrictions.  The web site, REDHAT.COM, is a leading online source of information and news about open source software and one of the largest online communities of open source software users and developers.

Citigroup Inc. (NYSE:C):

Citigroup Inc. (NYSE:C) belongs to Finance sector closed its last session with a loss of -0.43 percent and closed its previous trading session at $60.49. According to Finviz reported data, the stock currently has Earnings per Share (EPS) (ttm) of $4.64. The company has the Market capitalization of $173.76 Billion. The company’s stock has a Return on Assets (ROA) of 0.8 percent, a Return on Equity (ROE) of 6.4 percent and Return on Investment (ROI) of 8.3 percent. The company reached its 52-Week high of $60.93 on Dec 22, 2016 and 52-Week low of $34.52 on Feb 11, 2016.

The growth estimate for Citigroup Inc. (NYSE:C) for the current quarter is 5.7 percent. The projected growth estimate for the next quarter is 19.1 percent. The company’s stock has grown by 4.38 percent in the past 5 years. For the next 5 years, the company is expected to grow by 4.74 percent.

This company was Downgrade by Jefferies on 28-Nov-16 to Hold.

The 27 analysts offering 12-month price forecasts for Citigroup have a median target of 63.00, with a high estimate of 80.00 and a low estimate of 39.00. The median estimate represents a +4.15% increase from the last price of 60.49.

Financial History:

Following Earnings result, share price were UP 14 times out of last 27 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 83% percent of times. It has met expectations  0 times and missed earnings  2  times.

The consensus recommendation for Citigroup Inc. (NYSE:C) is 1.59. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 1.59. In comparison, the consensus recommendation 60 days ago was at 1.63, and 90 days ago was at 1.63 respectively.

Future Expectations:

When the current quarter ends, Wall Street expects Citigroup Inc. to have earnings per share of $1.12.

Revenue is expected to range from 16.91 Billion to 18.24 Billion with an average of 17.31 Billion.

Company Profile:

Citigroup Inc. is a global financial services company. It provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management. The Company also offers various wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, and equity and fixed income research services. Citigroup Inc. is based in New York.