RH (RH) Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RH in the last year. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RH, but not buy additional shares or sell existing shares.
View RH analyst ratings or view top-rated stocks.

15 Wall Street analysts have issued 12-month target prices for RH's shares. Their RH share price forecasts range from $215.00 to $330.00. On average, they expect the company's share price to reach $277.06 in the next year. This suggests a possible upside of 13.0% from the stock's current price.
View analysts price targets for RH or view top-rated stocks among Wall Street analysts.

RH's stock was trading at $267.19 at the start of the year. Since then, RH shares have decreased by 8.2% and is now trading at $245.28.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 14th 2023.
View our RH earnings forecast.

RH (NYSE:RH) issued its earnings results on Thursday, May, 25th. The company reported $2.21 EPS for the quarter, beating the consensus estimate of $2.08 by $0.13. The business earned $739 million during the quarter, compared to analysts' expectations of $726.37 million. RH had a net margin of 10.97% and a trailing twelve-month return on equity of 44.44%. The firm's revenue was down 22.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $7.78 earnings per share.

ETFs with the largest weight of RH (NYSE:RH) stock in their portfolio include Hoya Capital Housing ETF (HOMZ), Fidelity Blue Chip Growth ETF (FBCG), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Vanguard S&P Mid-Cap 400 Value ETF (IVOV), RiverNorth Patriot ETF (FLDZ), iShares S&P Mid-Cap 400 Value ETF (IJJ), SPDR S&P 400 Mid Cap Value ETF (MDYV) and Logan Capital Broad Innovative Growth ETF (LCLG).

RH updated its FY 2023 earnings guidance on Wednesday, May, 31st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.00 billion-$3.10 billion, compared to the consensus revenue estimate of $3.04 billion.

413 employees have rated RH Chief Executive Officer Gary Friedman on Glassdoor.com. Gary Friedman has an approval rating of 45% among the company's employees. This puts Gary Friedman in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other RH investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Walt Disney (DIS), Salesforce (CRM), Tesla (TSLA), Micron Technology (MU), Netflix (NFLX), Alibaba Group (BABA), Home Depot (HD) and PayPal (PYPL).

RH trades on the New York Stock Exchange (NYSE) under the ticker symbol "RH."

RH's stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (8.99%), BlackRock Inc. (7.35%), Atreides Management LP (3.17%), Susquehanna International Group LLP (0.00%), D1 Capital Partners L.P. (2.95%) and State Street Corp (2.36%). Insiders that own company stock include Edward T Lee, Eri Chaya, Gary G Friedman, Hilary K Krane, Jack M Preston, Keith Belling and Mark S Demilio.
View institutional ownership trends.

Shares of RH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of RH stock can currently be purchased for approximately $245.28.

RH (NYSE:RH) has a market capitalization of $5.41 billion and generates $3.59 billion in revenue each year. The company earns $528.64 million in net income (profit) each year or $15.12 on an earnings per share basis.

The company employs 6,180 workers across the globe.

RH's mailing address is 15 KOCH ROAD SUITE K, CORTE MADERA CA, 94925. The official website for the company is www.restorationhardware.com. The company can be reached via phone at 415-924-1005 or via email at allison.malkin@icrinc.com.