RH (NYSE:RH – Free Report) – Equities research analysts at Telsey Advisory Group issued their FY2027 earnings per share (EPS) estimates for shares of RH in a report released on Monday, December 9th. Telsey Advisory Group analyst C. Fernandez expects that the company will post earnings of $15.00 per share for the year. Telsey Advisory Group currently has a “Market Perform” rating and a $330.00 target price on the stock. The consensus estimate for RH’s current full-year earnings is $5.63 per share.
Several other analysts have also recently issued reports on RH. Bank of America increased their target price on shares of RH from $310.00 to $359.00 and gave the stock a “buy” rating in a research note on Friday, September 13th. Stifel Nicolaus restated a “buy” rating and issued a $420.00 target price (up from $375.00) on shares of RH in a research note on Monday. TD Cowen boosted their price objective on RH from $325.00 to $350.00 and gave the stock a “buy” rating in a report on Friday, September 13th. Wells Fargo & Company lifted their price objective on shares of RH from $325.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. Finally, Wedbush raised RH from a “neutral” rating to an “outperform” rating and increased their target price for the company from $310.00 to $430.00 in a research note on Monday, October 21st. Three research analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $338.40.
RH Price Performance
Shares of RH stock opened at $399.04 on Tuesday. RH has a 1 year low of $212.43 and a 1 year high of $403.39. The company’s fifty day simple moving average is $344.61 and its two-hundred day simple moving average is $295.63. The stock has a market capitalization of $7.36 billion, a price-to-earnings ratio of 234.73, a PEG ratio of 2.15 and a beta of 2.44.
RH (NYSE:RH – Get Free Report) last issued its earnings results on Thursday, September 12th. The company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.13. The firm had revenue of $829.66 million during the quarter, compared to analyst estimates of $824.52 million. RH had a net margin of 1.13% and a negative return on equity of 11.29%. The company’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the business earned $3.93 earnings per share.
Insider Activity
In related news, insider Stefan Duban sold 4,285 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $346.37, for a total value of $1,484,195.45. Following the transaction, the insider now owns 78 shares of the company’s stock, valued at approximately $27,016.86. This trade represents a 98.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Edward T. Lee sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of $353.57, for a total transaction of $707,140.00. The disclosure for this sale can be found here. Insiders have sold a total of 8,285 shares of company stock valued at $2,871,935 in the last 90 days. 28.10% of the stock is currently owned by insiders.
Institutional Trading of RH
A number of hedge funds and other institutional investors have recently bought and sold shares of RH. Anomaly Capital Management LP increased its stake in shares of RH by 503.6% in the second quarter. Anomaly Capital Management LP now owns 349,227 shares of the company’s stock worth $85,365,000 after purchasing an additional 291,368 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in RH by 18.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 270,993 shares of the company’s stock worth $66,239,000 after buying an additional 41,242 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in RH by 8.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 245,810 shares of the company’s stock valued at $82,206,000 after acquiring an additional 18,563 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of RH by 26.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 184,834 shares of the company’s stock valued at $61,814,000 after acquiring an additional 38,572 shares in the last quarter. Finally, Marshall Wace LLP boosted its stake in shares of RH by 58.6% in the second quarter. Marshall Wace LLP now owns 174,324 shares of the company’s stock worth $42,612,000 after acquiring an additional 64,423 shares during the period. Hedge funds and other institutional investors own 90.17% of the company’s stock.
About RH
RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.
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