RH (NYSE:RH) Trading 8.8% Higher – Still a Buy?

RH (NYSE:RH)’s share price shot up 8.8% during mid-day trading on Friday . The company traded as high as $141.36 and last traded at $140.9030. 306,927 shares were traded during trading, a decline of 76% from the average session volume of 1,271,092 shares. The stock had previously closed at $129.49.

Analysts Set New Price Targets

RH has been the topic of a number of research reports. Citigroup dropped their price objective on shares of RH from $183.00 to $150.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. Barclays decreased their price target on shares of RH from $283.00 to $202.00 and set an “overweight” rating on the stock in a research report on Thursday, April 2nd. Wells Fargo & Company cut their price objective on shares of RH from $225.00 to $180.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Zelman & Associates restated an “outperform” rating on shares of RH in a research note on Thursday, January 29th. Finally, UBS Group lowered their target price on RH from $188.00 to $160.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 17th. Seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $176.47.

RH Stock Performance

The company has a market cap of $2.65 billion, a P/E ratio of 22.28, a PEG ratio of 1.77 and a beta of 2.10. The business’s 50 day simple moving average is $153.56 and its 200 day simple moving average is $172.73. The company has a current ratio of 1.19, a quick ratio of 0.31 and a debt-to-equity ratio of 51.28.

RH (NYSE:RH) last posted its quarterly earnings results on Tuesday, March 31st. The company reported $1.53 earnings per share for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.68). The firm had revenue of $842.62 million during the quarter, compared to the consensus estimate of $873.48 million. RH had a negative return on equity of 567.82% and a net margin of 3.63%.The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.58 earnings per share. Sell-side analysts predict that RH will post 4.39 earnings per share for the current fiscal year.

Insider Transactions at RH

In other RH news, insider Eri Chaya sold 11,000 shares of the stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $137.92, for a total value of $1,517,120.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, insiders sold 25,000 shares of company stock valued at $3,370,440. Corporate insiders own 27.00% of the company’s stock.

Hedge Funds Weigh In On RH

A number of hedge funds have recently made changes to their positions in RH. Clearstead Advisors LLC grew its position in shares of RH by 713.3% during the third quarter. Clearstead Advisors LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares in the last quarter. Huntington National Bank lifted its holdings in RH by 87.8% in the 3rd quarter. Huntington National Bank now owns 139 shares of the company’s stock worth $28,000 after purchasing an additional 65 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new position in RH in the 3rd quarter worth approximately $30,000. Wilmington Savings Fund Society FSB boosted its stake in RH by 200.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after purchasing an additional 116 shares during the period. Finally, Advisory Services Network LLC bought a new position in RH in the 3rd quarter worth approximately $31,000. Institutional investors own 90.17% of the company’s stock.

About RH

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.