RH (RH) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RH in the last year. There are currently 1 sell rating, 8 hold ratings and 2 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.
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11 equities research analysts have issued 1 year target prices for RH's shares. Their RH share price forecasts range from $215.00 to $440.00. On average, they anticipate the company's stock price to reach $326.53 in the next twelve months. This suggests a possible upside of 23.7% from the stock's current price.
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RH's stock was trading at $267.19 at the beginning of the year. Since then, RH stock has decreased by 1.2% and is now trading at $263.91.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023.
View our RH earnings forecast.

RH (NYSE:RH) announced its quarterly earnings results on Thursday, May, 25th. The company reported $2.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.13. The business earned $739 million during the quarter, compared to analyst estimates of $726.37 million. RH had a net margin of 10.19% and a trailing twelve-month return on equity of 54.78%. The company's revenue for the quarter was down 22.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $7.78 earnings per share.

ETFs with the largest weight of RH (NYSE:RH) stock in their portfolio include AI Powered Equity ETF (AIEQ), Innovator IBD Breakout Opportunities ETF (BOUT), Hoya Capital Housing ETF (HOMZ), First Trust Consumer Discretionary AlphaDEX Fund (FXD), iShares S&P Mid-Cap 400 Value ETF (IJJ), SPDR S&P 400 Mid Cap Value ETF (MDYV), Fidelity Blue Chip Growth ETF (FBCG) and Vanguard S&P Mid-Cap 400 Value ETF (IVOV).

RH issued an update on its FY 2023 earnings guidance on Friday, September, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.04 billion-$3.10 billion, compared to the consensus revenue estimate of $3.07 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.68%), Citadel Advisors LLC (0.00%), Durable Capital Partners LP (2.23%), State Street Corp (2.18%), Allspring Global Investments Holdings LLC (1.73%) and D1 Capital Partners L.P. (1.61%). Insiders that own company stock include Carlos Alberini, Edward T Lee, Eri Chaya, Gary G Friedman, Hilary K Krane, Jack M Preston, Keith Belling and Mark S Demilio.
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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.
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One share of RH stock can currently be purchased for approximately $263.91.

RH (NYSE:RH) has a market capitalization of $4.86 billion and generates $3.59 billion in revenue each year. The company earns $528.64 million in net income (profit) each year or $13.11 on an earnings per share basis.

The company employs 5,460 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.