Stifel Nicolaus Cuts RH (NYSE:RH) Price Target to $320.00

Key Points

• Stifel Nicolaus has decreased its price target for RH from $390.00 to $320.00, while maintaining a "buy" rating, indicating a potential upside of 41.37% from the stock's previous close.
• Recent earnings results showed that RH reported $2.93 earnings per share, missing the expected $3.22, with quarterly revenue of $899.15 million, below the consensus estimate of $906.58 million.
• A variety of research firms have recently adjusted their price targets for RH, with nine analysts giving it a Buy rating, indicating a mixed outlook among investment firms.

RH (NYSE:RH - Get Free Report) had its price target reduced by Stifel Nicolaus from $390.00 to $320.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. Stifel Nicolaus' price target would suggest a potential upside of 41.37% from the company's previous close.

A number of other research firms have also weighed in on RH. Wells Fargo & Company increased their target price on shares of RH from $275.00 to $295.00 and gave the stock an "overweight" rating in a report on Monday. The Goldman Sachs Group lowered shares of RH from a "neutral" rating to a "sell" rating and dropped their target price for the stock from $199.00 to $179.00 in a report on Tuesday, June 24th. UBS Group dropped their target price on shares of RH from $235.00 to $215.00 and set a "neutral" rating for the company in a report on Thursday, June 5th. TD Cowen increased their target price on shares of RH from $235.00 to $265.00 and gave the stock a "buy" rating in a report on Friday. Finally, Barclays dropped their target price on shares of RH from $436.00 to $385.00 and set an "overweight" rating for the company in a report on Friday. Nine investment analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, RH has an average rating of "Hold" and a consensus target price of $259.29.

RH Price Performance

RH stock traded down $1.77 during mid-day trading on Friday, hitting $226.35. The company's stock had a trading volume of 1,633,401 shares, compared to its average volume of 1,300,989. The stock has a market cap of $4.24 billion, a price-to-earnings ratio of 53.55, a price-to-earnings-growth ratio of 0.66 and a beta of 2.15. The business has a 50 day moving average price of $218.13 and a 200-day moving average price of $210.04. RH has a 12 month low of $123.03 and a 12 month high of $457.26.

RH (NYSE:RH - Get Free Report) last posted its quarterly earnings results on Thursday, September 11th. The company reported $2.93 earnings per share for the quarter, missing the consensus estimate of $3.22 by ($0.29). The business had revenue of $899.15 million during the quarter, compared to the consensus estimate of $906.58 million. RH had a negative return on equity of 67.71% and a net margin of 2.57%.The business's revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.69 earnings per share. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts expect that RH will post 4.39 earnings per share for the current fiscal year.

Hedge Funds Weigh In On RH

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Thrivent Financial for Lutherans increased its stake in shares of RH by 84.6% during the second quarter. Thrivent Financial for Lutherans now owns 6,523 shares of the company's stock valued at $1,233,000 after purchasing an additional 2,990 shares in the last quarter. Neuberger Berman Group LLC bought a new position in shares of RH during the second quarter valued at approximately $206,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of RH during the second quarter valued at approximately $397,000. Marex Group plc bought a new stake in shares of RH during the second quarter valued at approximately $231,000. Finally, Hollencrest Capital Management increased its position in shares of RH by 18.2% during the second quarter. Hollencrest Capital Management now owns 650 shares of the company's stock valued at $123,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 90.17% of the company's stock.

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.

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