RH (NYSE:RH - Get Free Report) Director Mark S. Demilio sold 1,000 shares of the 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 sale, the director now owns 11,991 shares in the company, valued at approximately $3,465,279.09. The transaction was disclosed in a document filed with the SEC, which is available at this link.
RH Stock Up 2.5 %
Shares of RH stock traded up $6.61 during trading hours on Thursday, hitting $267.09. 816,960 shares of the company's stock traded hands, compared to its average volume of 689,340. RH has a 12 month low of $207.26 and a 12 month high of $406.38. The stock has a market cap of $4.89 billion, a PE ratio of 47.95, a price-to-earnings-growth ratio of 3.04 and a beta of 2.46. The stock's 50 day simple moving average is $279.23 and its 200 day simple moving average is $267.87.
RH (NYSE:RH - Get Free Report) last released its quarterly earnings results on Wednesday, March 27th. The company reported $0.72 EPS for the quarter, missing analysts' consensus estimates of $1.71 by ($0.99). RH had a net margin of 4.21% and a negative return on equity of 777.61%. The company had revenue of $738.26 million during the quarter, compared to the consensus estimate of $777.50 million. During the same quarter last year, the firm posted $2.88 EPS. The company's quarterly revenue was down 4.4% on a year-over-year basis. As a group, equities research analysts expect that RH will post 9.08 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts have weighed in on RH shares. Robert W. Baird raised their target price on RH from $280.00 to $300.00 and gave the company a "neutral" rating in a report on Thursday, March 28th. The Goldman Sachs Group raised their price objective on RH from $201.00 to $264.00 and gave the company a "sell" rating in a research note on Monday, April 1st. Telsey Advisory Group reissued a "market perform" rating and set a $335.00 target price (up previously from $285.00) on shares of RH in a research note on Tuesday, March 26th. Wedbush lifted 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. Finally, Loop Capital increased their price objective on shares of RH from $260.00 to $350.00 and gave the company a "hold" rating in a research note on Monday, April 1st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $332.15.
Check Out Our Latest Analysis on RH
Institutional Trading of RH
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cetera Advisors LLC raised its position in shares of RH by 2.4% in the 4th quarter. Cetera Advisors LLC now owns 1,350 shares of the company's stock worth $361,000 after acquiring an additional 32 shares in the last quarter. Tradition Wealth Management LLC increased its holdings in RH by 14.8% in the fourth quarter. Tradition Wealth Management LLC now owns 350 shares of the company's stock worth $102,000 after purchasing an additional 45 shares in the last quarter. KB Financial Partners LLC lifted its stake in RH by 61.6% in the first quarter. KB Financial Partners LLC now owns 118 shares of the company's stock valued at $38,000 after buying an additional 45 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of RH by 2.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,609 shares of the company's stock worth $851,000 after buying an additional 56 shares in the last quarter. Finally, Venture Visionary Partners LLC grew its position in shares of RH by 1.2% during the 3rd quarter. Venture Visionary Partners LLC now owns 4,813 shares of the company's stock worth $1,272,000 after buying an additional 58 shares during the period. Institutional investors and hedge funds own 90.17% of the company's stock.
About RH
(
Get Free Report)
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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