What is Telsey Advisory Group's Estimate for RH Q3 Earnings?

Key Points

• Telsey Advisory Group has raised its Q3 2026 EPS estimate for RH to $4.11 per share, up from a prior estimate of $4.06, maintaining an "Outperform" rating with a target price of $255.00.
• RH reported a quarterly earnings per share of $0.13, exceeding the consensus estimate of ($0.07), while its revenue was $813.95 million, slightly lower than expectations.
• Institutional investors hold 90.17% of RH's shares, indicating strong institutional support despite the stock's recent price fluctuations.

RH (NYSE:RH - Free Report) - Equities researchers at Telsey Advisory Group raised their Q3 2026 EPS estimates for shares of RH in a research note issued to investors on Monday, September 8th. Telsey Advisory Group analyst C. Fernandez now forecasts that the company will earn $4.11 per share for the quarter, up from their previous forecast of $4.06. Telsey Advisory Group currently has a "Outperform" rating and a $255.00 target price on the stock. The consensus estimate for RH's current full-year earnings is $4.39 per share.

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, topping the consensus estimate of ($0.07) by $0.20. RH had a net margin of 2.57% and a negative return on equity of 67.71%. 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 business earned ($0.40) EPS. The business's quarterly revenue was up 12.0% on a year-over-year basis. RH has set its Q2 2025 guidance at EPS. FY 2025 guidance at EPS.

Several other equities analysts have also recently weighed in on RH. Bank of America increased their price objective on shares of RH from $144.00 to $172.00 and gave the stock an "underperform" rating in a research note on Wednesday, May 14th. Zelman & Associates decreased their target price on shares of RH from $305.00 to $251.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 9th. Wells Fargo & Company raised their target price on shares of RH from $275.00 to $295.00 and gave the stock an "overweight" rating in a research note on Monday. Citigroup raised their target price on shares of RH from $200.00 to $233.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 3rd. Finally, Robert W. Baird raised their target price on shares of RH from $215.00 to $230.00 and gave the stock a "neutral" rating in a research note on Monday, June 16th. 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $273.47.

RH Stock Down 4.2%

Shares of NYSE:RH opened at $240.38 on Tuesday. The firm's 50 day moving average price is $216.55 and its 200-day moving average price is $210.58. RH has a twelve month low of $123.03 and a twelve month high of $457.26. The stock has a market capitalization of $4.50 billion, a PE ratio of 57.23, a price-to-earnings-growth ratio of 0.73 and a beta of 2.15.

Institutional Investors Weigh In On RH

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of RH by 0.6% during the first quarter. Vanguard Group Inc. now owns 1,409,962 shares of the company's stock valued at $330,509,000 after buying an additional 7,952 shares during the last quarter. Senvest Management LLC raised its position in shares of RH by 54.6% during the second quarter. Senvest Management LLC now owns 733,894 shares of the company's stock valued at $138,713,000 after buying an additional 259,200 shares during the last quarter. Durable Capital Partners LP raised its position in shares of RH by 125.1% during the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company's stock valued at $122,119,000 after buying an additional 359,101 shares during the last quarter. Atreides Management LP raised its position in shares of RH by 69.1% during the first quarter. Atreides Management LP now owns 473,321 shares of the company's stock valued at $110,951,000 after buying an additional 193,404 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of RH by 0.7% during the second quarter. Geode Capital Management LLC now owns 265,762 shares of the company's stock valued at $50,240,000 after buying an additional 1,829 shares during 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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