Entropy Technologies LP Makes New Investment in RH $RH

Key Points

• Entropy Technologies LP acquired a new stake in RH, purchasing 1,400 shares valued at approximately $328,000 during the 1st quarter.
• Analyst ratings for RH highlight a range of opinions, with an average rating of "Hold" and target prices varying from $215.00 to $300.00.
• RH experienced a trading decline of 0.4%, with shares currently at $234.13, reflecting a market capitalization of $4.39 billion and a P/E ratio of 55.75.

Entropy Technologies LP bought a new stake in RH (NYSE:RH - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,400 shares of the company's stock, valued at approximately $328,000.

Several other large investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. boosted its holdings in shares of RH by 690.0% in the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company's stock valued at $31,000 after buying an additional 69 shares during the period. GAMMA Investing LLC boosted its holdings in shares of RH by 146.1% in the first quarter. GAMMA Investing LLC now owns 187 shares of the company's stock valued at $44,000 after buying an additional 111 shares during the period. NBC Securities Inc. acquired a new position in shares of RH in the first quarter valued at approximately $45,000. Pingora Partners LLC acquired a new position in shares of RH in the fourth quarter valued at approximately $79,000. Finally, Putney Financial Group LLC acquired a new position in shares of RH in the fourth quarter valued at approximately $98,000. Institutional investors own 90.17% of the company's stock.

Analyst Upgrades and Downgrades

RH has been the subject of several research analyst reports. Zelman & Associates reduced their price target on shares of RH from $305.00 to $251.00 and set an "outperform" rating for the company in a report on Wednesday, July 9th. Telsey Advisory Group reduced their price target on shares of RH from $280.00 to $255.00 and set an "outperform" rating for the company in a report on Monday, June 9th. Wall Street Zen upgraded shares of RH from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd. Wells Fargo & Company set a $275.00 target price on shares of RH in a report on Friday, June 13th. Finally, Bank of America increased their target price on shares of RH from $144.00 to $172.00 and gave the stock an "underperform" rating in a report on Wednesday, May 14th. Ten analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, RH has a consensus rating of "Hold" and an average price target of $270.35.

RH Price Performance

RH stock traded up $4.9210 during trading hours on Tuesday, reaching $234.1310. The stock had a trading volume of 290,604 shares, compared to its average volume of 1,303,753. The stock has a market capitalization of $4.39 billion, a PE ratio of 55.73, a price-to-earnings-growth ratio of 0.68 and a beta of 2.16. The stock has a 50-day simple moving average of $203.86 and a 200 day simple moving average of $227.15. RH has a fifty-two week low of $123.03 and a fifty-two week high of $457.26.

RH (NYSE:RH - Get Free Report) last issued its quarterly earnings data on Thursday, June 12th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.20. The company had revenue of $813.95 million for the quarter, compared to analyst estimates of $817.66 million. RH had a net margin of 2.57% and a negative return on equity of 67.71%. The company's revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.40) earnings per share. RH has set its Q2 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts forecast that RH will post 4.39 EPS for the current fiscal year.

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.