RH (NYSE:RH – Get Free Report) has received an average recommendation of “Hold” from the twenty brokerages that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $172.5333.
Several research firms have weighed in on RH. Robert W. Baird upped their target price on RH from $125.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, June 12th. Wells Fargo & Company boosted their price objective on shares of RH from $160.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, June 12th. Zacks Research upgraded shares of RH from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 16th. Citigroup increased their price objective on shares of RH from $150.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Finally, KeyCorp restated a “sector weight” rating on shares of RH in a report on Friday, June 12th.
Get Our Latest Stock Analysis on RH
RH Stock Performance
RH (NYSE:RH – Get Free Report) last issued its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.12) by $0.15. The firm had revenue of $800.33 million during the quarter, compared to analysts’ expectations of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.RH’s revenue was down 1.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.13 earnings per share. As a group, equities analysts anticipate that RH will post 4.27 EPS for the current fiscal year.
Key Headlines Impacting RH
Here are the key news stories impacting RH this week:
- Positive Sentiment: Director Carlos Alberini bought 11,388 RH shares for about $1.83 million, boosting his holdings by more than 54%, which may signal insider confidence in RH’s outlook. SEC filing
- Neutral Sentiment: Recent media coverage highlighted RH’s London gallery opening and celebrity attendance, which may help brand visibility but is not a direct financial catalyst.
Insider Transactions at RH
In other news, Director Carlos Alberini bought 11,388 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The stock was purchased at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the purchase, the director owned 32,190 shares of the company’s stock, valued at $5,179,371. This trade represents a 54.74% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark S. Demilio sold 3,102 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $144.00, for a total transaction of $446,688.00. Following the completion of the transaction, the director owned 25,830 shares in the company, valued at approximately $3,719,520. This trade represents a 10.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 26.90% of the company’s stock.
Hedge Funds Weigh In On RH
Institutional investors and hedge funds have recently modified their holdings of the company. Senvest Management LLC boosted its position in RH by 30.1% during the fourth quarter. Senvest Management LLC now owns 842,577 shares of the company’s stock worth $150,948,000 after acquiring an additional 194,773 shares during the last quarter. Durable Capital Partners LP raised its holdings in RH by 125.1% in the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after acquiring an additional 359,101 shares during the last quarter. Alliancebernstein L.P. raised its holdings in RH by 66.1% in the 3rd quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock valued at $116,546,000 after acquiring an additional 228,229 shares during the last quarter. Two Sigma Investments LP lifted its stake in shares of RH by 40.9% during the 3rd quarter. Two Sigma Investments LP now owns 359,093 shares of the company’s stock worth $72,953,000 after purchasing an additional 104,154 shares during the period. Finally, Morgan Stanley lifted its stake in shares of RH by 0.8% during the 4th quarter. Morgan Stanley now owns 353,996 shares of the company’s stock worth $63,419,000 after purchasing an additional 2,658 shares during the period. Hedge funds and other institutional investors own 90.17% of the company’s stock.
RH Company Profile
RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.
Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.
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