RH (NYSE:RH) Price Target Raised to $265.00 at TD Cowen

RH (NYSE:RH) had its target price raised by equities researchers at TD Cowen from $200.00 to $265.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s target price would suggest a potential upside of 19.95% from the stock’s previous close.

RH has been the subject of a number of other reports. UBS Group restated a “neutral” rating on shares of RH in a research note on Friday, December 12th. Telsey Advisory Group lowered their price target on RH from $220.00 to $185.00 and set a “market perform” rating on the stock in a research report on Friday, December 12th. Robert W. Baird reduced their target price on RH from $235.00 to $180.00 and set a “neutral” rating for the company in a report on Friday, December 12th. KeyCorp reissued a “sector weight” rating on shares of RH in a research note on Friday, December 12th. Finally, William Blair cut RH from an “outperform” rating to a “market perform” rating in a report on Thursday, October 2nd. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, RH currently has a consensus rating of “Hold” and a consensus price target of $231.19.

RH Price Performance

RH stock traded down $11.97 during trading on Tuesday, hitting $220.93. 742,250 shares of the company’s stock traded hands, compared to its average volume of 1,213,402. The business has a fifty day simple moving average of $175.99 and a 200 day simple moving average of $195.67. RH has a 52 week low of $123.03 and a 52 week high of $455.84. The company has a debt-to-equity ratio of 944.39, a quick ratio of 0.26 and a current ratio of 1.19. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 40.02, a P/E/G ratio of 1.74 and a beta of 2.09.

RH (NYSE:RH) last announced its earnings results on Thursday, December 11th. The company reported $1.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.13 by ($0.42). RH had a net margin of 3.22% and a negative return on equity of 161.72%. The business had revenue of $883.81 million for the quarter, compared to analysts’ expectations of $883.65 million. During the same quarter in the prior year, the company posted $2.48 earnings per share. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. As a group, research analysts expect that RH will post 4.39 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Mark S. Demilio sold 2,254 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $220.00, for a total value of $495,880.00. Following the completion of the transaction, the director directly owned 19,962 shares of the company’s stock, valued at $4,391,640. This represents a 10.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 5,154 shares of company stock worth $1,100,148 in the last three months. 27.00% of the stock is owned by insiders.

Institutional Trading of RH

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Senvest Management LLC grew its holdings in shares of RH by 54.6% in the 2nd quarter. Senvest Management LLC now owns 733,894 shares of the company’s stock worth $138,713,000 after acquiring an additional 259,200 shares during the period. Durable Capital Partners LP grew its holdings in RH by 125.1% in the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after purchasing an additional 359,101 shares during the last quarter. Alliancebernstein L.P. grew its holdings in RH by 66.1% in the third quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock valued at $116,546,000 after purchasing an additional 228,229 shares during the last quarter. Two Sigma Investments LP increased its position in shares of RH by 40.9% in the third quarter. Two Sigma Investments LP now owns 359,093 shares of the company’s stock valued at $72,953,000 after buying an additional 104,154 shares in the last quarter. Finally, Westfield Capital Management Co. LP acquired a new position in shares of RH during the 3rd quarter worth $67,632,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

RH Company Profile

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.