RH (NYSE:RH) Receives Consensus Rating of “Hold” from Analysts

RH (NYSE:RH) has been assigned an average rating of “Hold” from the fourteen research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $332.15.

RH has been the subject of a number of research analyst reports. Oppenheimer reiterated a “market perform” rating on shares of RH in a report on Monday, April 1st. Loop Capital increased their price target on shares of RH from $260.00 to $350.00 and gave the company a “hold” rating in a report on Monday, April 1st. Wedbush increased their price target on shares of RH from $275.00 to $320.00 and gave the company a “neutral” rating in a report on Thursday, March 28th. The Goldman Sachs Group increased their price target on shares of RH from $201.00 to $264.00 and gave the company a “sell” rating in a report on Monday, April 1st. Finally, Wells Fargo & Company increased their price objective on shares of RH from $350.00 to $360.00 and gave the company an “overweight” rating in a research note on Thursday, March 28th.

Insiders Place Their Bets

In other RH news, Director Mark S. Demilio sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of $288.99, for a total transaction of $288,990.00. Following the sale, the director now directly owns 11,991 shares of the company’s stock, valued at approximately $3,465,279.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $308.22, for a total value of $616,440.00. Following the sale, the director now directly owns 12,991 shares of the company’s stock, valued at $4,004,086.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark S. Demilio sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of $288.99, for a total transaction of $288,990.00. Following the completion of the sale, the director now directly owns 11,991 shares in the company, valued at $3,465,279.09. The disclosure for this sale can be found here. 23.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On RH

Several hedge funds have recently modified their holdings of RH. Creekmur Asset Management LLC acquired a new stake in shares of RH in the fourth quarter worth approximately $25,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of RH in the fourth quarter worth approximately $35,000. Quest Partners LLC acquired a new stake in shares of RH in the fourth quarter worth approximately $37,000. Global Retirement Partners LLC boosted its position in shares of RH by 120.3% in the fourth quarter. Global Retirement Partners LLC now owns 141 shares of the company’s stock worth $41,000 after acquiring an additional 77 shares during the last quarter. Finally, Core Wealth Advisors Inc. acquired a new stake in shares of RH in the third quarter worth approximately $51,000. 90.17% of the stock is owned by institutional investors and hedge funds.

RH Stock Performance

Shares of RH stock opened at $244.96 on Tuesday. The company has a market cap of $4.49 billion, a P/E ratio of 43.98, a PEG ratio of 2.65 and a beta of 2.46. RH has a one year low of $207.26 and a one year high of $406.38. The firm has a fifty day moving average of $277.61 and a two-hundred day moving average of $267.11.

RH (NYSE:RH) last announced its quarterly earnings results on Wednesday, March 27th. The company reported $0.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.71 by ($0.99). The company had revenue of $738.26 million during the quarter, compared to analysts’ expectations of $777.50 million. RH had a net margin of 4.21% and a negative return on equity of 777.61%. The business’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.88 EPS. As a group, equities analysts predict that RH will post 9.08 earnings per share for the current year.

RH Company Profile

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.