RH (NYSE:RH) Earns "Outperform" Rating from Telsey Advisory Group

Key Points

• RH's stock has been restated with an "outperform" rating by Telsey Advisory Group, alongside a target price of $255.00, indicating a potential upside of 1.60%.
• Analysts have mixed ratings for RH, with ten giving a "Buy" rating, four a "Hold," and three a "Sell," resulting in a consensus target price of $272.29.
• The company's latest earnings report indicated that RH beat expectations, reporting $0.13 EPS for the quarter, a positive shift compared to the previous year's loss per share.

RH (NYSE:RH - Get Free Report)'s stock had its "outperform" rating restated by equities research analysts at Telsey Advisory Group in a research note issued on Monday,Benzinga reports. They currently have a $255.00 target price on the stock. Telsey Advisory Group's price target points to a potential upside of 1.60% from the company's current price.

Several other analysts have also recently issued reports on RH. Citigroup upped their price objective on RH from $200.00 to $233.00 and gave the company a "neutral" rating in a research note on Wednesday, September 3rd. Guggenheim restated a "buy" rating and set a $300.00 price objective on shares of RH in a research note on Wednesday, July 2nd. Robert W. Baird raised their price target on RH from $215.00 to $230.00 and gave the stock a "neutral" rating in a report on Monday, June 16th. UBS Group cut their price target on RH from $235.00 to $215.00 and set a "neutral" rating on the stock in a report on Thursday, June 5th. Finally, Wall Street Zen raised RH from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, RH presently has an average rating of "Hold" and a consensus target price of $272.29.

RH Stock Performance

NYSE:RH opened at $250.98 on Monday. RH has a one year low of $123.03 and a one year high of $457.26. The business's 50-day simple moving average is $215.53 and its 200 day simple moving average is $211.28. The stock has a market cap of $4.70 billion, a price-to-earnings ratio of 59.76, a price-to-earnings-growth ratio of 0.73 and a beta of 2.15.

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

Institutional Trading of RH

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of RH by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 1,409,962 shares of the company's stock worth $330,509,000 after acquiring an additional 7,952 shares in the last quarter. Senvest Management LLC boosted its stake in shares of RH by 54.6% during the 2nd quarter. Senvest Management LLC now owns 733,894 shares of the company's stock worth $138,713,000 after acquiring an additional 259,200 shares in the last quarter. Durable Capital Partners LP boosted its stake in shares of RH by 125.1% during the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company's stock worth $122,119,000 after acquiring an additional 359,101 shares in the last quarter. Atreides Management LP boosted its stake in shares of RH by 69.1% during the 1st quarter. Atreides Management LP now owns 473,321 shares of the company's stock worth $110,951,000 after acquiring an additional 193,404 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of RH by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 265,762 shares of the company's stock worth $50,240,000 after acquiring an additional 1,829 shares in the last quarter. Institutional investors own 90.17% of the company's stock.

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.

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