RH - RH Stock Forecast, Price & News

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RH in the last year. There are currently 7 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RH shares.
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18 equities research analysts have issued 12-month price objectives for RH's stock. Their RH share price forecasts range from $224.00 to $600.00. On average, they expect the company's stock price to reach $337.94 in the next twelve months. This suggests a possible upside of 26.9% from the stock's current price.
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RH's stock was trading at $535.94 at the beginning of 2022. Since then, RH stock has decreased by 50.3% and is now trading at $266.38.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 14th 2022.
View our RH earnings forecast.

RH (NYSE:RH) posted its quarterly earnings results on Wednesday, December, 8th. The company reported $7.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.68 by $0.35. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $981.82 million. RH had a net margin of 16.95% and a trailing twelve-month return on equity of 67.69%. The firm's revenue was up 19.2% compared to the same quarter last year. During the same period last year, the business earned $6.20 earnings per share.

RH updated its FY 2022 earnings guidance on Thursday, December, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.59 billion-$3.63 billion, compared to the consensus revenue estimate of $3.58 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.84%), BlackRock Inc. (6.91%), Durable Capital Partners LP (2.27%), State Street Corp (2.12%), Citadel Advisors LLC (0.00%) and Pelham Capital Ltd. (1.83%). Insiders that own company stock include David Stanchak, Edward T Lee, Eri Chaya, Gary G Friedman, Hilary K Krane, Jack M Preston, 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 $266.38.

RH (NYSE:RH) has a market capitalization of $6.32 billion and generates $3.76 billion in revenue each year. The company earns $688.55 million in net income (profit) each year or $28.32 on an earnings per share basis.

The company employs 6,500 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.