RH (NYSE:RH) Receives Consensus Rating of "Hold" from Brokerages

Shares of RH (NYSE:RH - Get Free Report) have earned a consensus recommendation of "Hold" from the fourteen brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $332.15.

Several research analysts have commented on RH shares. Oppenheimer reiterated a "market perform" rating on shares of RH in a report on Monday, April 1st. JPMorgan Chase & Co. upped their price target on shares of RH from $329.00 to $345.00 and gave the company an "overweight" rating in a research report on Thursday, March 28th. Wells Fargo & Company upped their price target on shares of RH from $350.00 to $360.00 and gave the company an "overweight" rating in a research report on Thursday, March 28th. Loop Capital raised their price target on shares of RH from $260.00 to $350.00 and gave the stock a "hold" rating in a research note on Monday, April 1st. Finally, Barclays raised their price target on shares of RH from $293.00 to $340.00 and gave the stock an "equal weight" rating in a research note on Monday, April 1st.

RH Stock Performance

Shares of RH stock traded up $3.48 on Tuesday, reaching $248.68. The company had a trading volume of 508,687 shares, compared to its average volume of 689,550. The firm's 50 day moving average price is $277.28 and its two-hundred day moving average price is $267.08. The firm has a market cap of $4.56 billion, a PE ratio of 44.65, a PEG ratio of 2.65 and a beta of 2.46. RH has a 52-week low of $207.26 and a 52-week high of $406.38.

RH (NYSE:RH - Get Free Report) last announced its quarterly earnings data on Wednesday, March 27th. The company reported $0.72 earnings per share for the quarter, missing analysts' consensus estimates of $1.71 by ($0.99). The business had revenue of $738.26 million during the quarter, compared to analyst estimates of $777.50 million. RH had a net margin of 4.21% and a negative return on equity of 777.61%. The company's revenue for the quarter was down 4.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.88 EPS. As a group, sell-side analysts predict that RH will post 9.08 EPS for the current year.

Insider Activity at RH

In other news, Director Mark S. Demilio sold 1,000 shares of RH stock in a transaction that occurred on 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 owns 11,991 shares in the company, valued at $3,465,279.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Mark S. Demilio sold 2,000 shares of RH stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $308.22, for a total transaction of $616,440.00. Following the sale, the director now directly owns 12,991 shares in the company, valued at $4,004,086.02. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Mark S. Demilio sold 1,000 shares of the business's stock in a transaction dated 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 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 currently owned by insiders.

Institutional Investors Weigh In On RH

Several hedge funds and other institutional investors have recently bought and sold shares of RH. Creekmur Asset Management LLC acquired a new stake in RH during the 4th quarter worth about $25,000. Benjamin F. Edwards & Company Inc. acquired a new stake in RH during the 4th quarter worth about $35,000. Quest Partners LLC acquired a new stake in RH during the 4th quarter worth about $37,000. Global Retirement Partners LLC raised its holdings in RH by 120.3% during the 4th quarter. Global Retirement Partners LLC now owns 141 shares of the company's stock worth $41,000 after buying an additional 77 shares during the period. Finally, Core Wealth Advisors Inc. acquired a new stake in RH during the 3rd quarter worth about $51,000. 90.17% of the stock is currently owned by institutional investors.

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.