RH - RH Stock Forecast, Price & News

RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com. As of January 29, 2022, it operated a total of 67 RH Galleries and 38 RH outlet stores in 30 states in the District of Columbia and Canada, as well as 14 Waterworks showrooms throughout the United States and the United Kingdom. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was incorporated in 2011 and is headquartered in Corte Madera, California.

RH Trading Down 0.5 %

Shares of RH Stock opened at $311.31 on Friday. The business's 50 day moving average is $265.83 and its two-hundred day moving average is $316.87. RH has a twelve month low of $207.37 and a twelve month high of $733.99. The company has a market capitalization of $7.68 billion, a P/E ratio of 10.36, a price-to-earnings-growth ratio of 1.46 and a beta of 2.33. The company has a current ratio of 2.50, a quick ratio of 1.90 and a debt-to-equity ratio of 1.97.

RH (NYSE:RH - Get Rating) last announced its earnings results on Thursday, June 2nd. The company reported $7.78 earnings per share for the quarter, beating the consensus estimate of $5.46 by $2.32. RH had a return on equity of 77.40% and a net margin of 19.68%. The company had revenue of $957.00 million for the quarter, compared to the consensus estimate of $924.76 million. During the same period last year, the business posted $4.89 EPS. The company's revenue was up 11.2% on a year-over-year basis. Equities analysts forecast that RH will post 24.48 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on RH. Wedbush cut their price objective on RH from $315.00 to $274.00 and set an "outperform" rating on the stock in a research report on Thursday, June 30th. JPMorgan Chase & Co. dropped their target price on RH from $400.00 to $300.00 and set an "overweight" rating on the stock in a report on Thursday, June 30th. Robert W. Baird dropped their target price on RH from $330.00 to $250.00 and set a "neutral" rating on the stock in a report on Thursday, June 30th. Cowen dropped their target price on RH from $450.00 to $300.00 and set an "outperform" rating on the stock in a report on Thursday, June 30th. Finally, The Goldman Sachs Group dropped their target price on RH from $262.00 to $224.00 and set a "neutral" rating on the stock in a report on Friday, July 1st. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $366.13.

Insider Activity at RH

In other news, Director Mark S. Demilio sold 1,224 shares of the company's stock in a transaction on Friday, July 15th. The shares were sold at an average price of $261.47, for a total transaction of $320,039.28. Following the transaction, the director now directly owns 6,915 shares of the company's stock, valued at approximately $1,808,065.05. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, insider Eri Chaya sold 17,150 shares of the company's stock in a transaction on Wednesday, May 25th. The shares were sold at an average price of $254.79, for a total transaction of $4,369,648.50. Following the transaction, the insider now directly owns 73,643 shares of the company's stock, valued at approximately $18,763,499.97. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mark S. Demilio sold 1,224 shares of the stock in a transaction dated Friday, July 15th. The shares were sold at an average price of $261.47, for a total transaction of $320,039.28. Following the completion of the sale, the director now directly owns 6,915 shares in the company, valued at $1,808,065.05. The disclosure for this sale can be found here. Insiders have sold a total of 51,213 shares of company stock worth $13,888,139 over the last three months. 23.40% of the stock is currently owned by corporate insiders.