RH (NYSE:RH – Get Free Report) had its target price upped by equities researchers at Wells Fargo & Company from $175.00 to $225.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 22.44% from the company’s previous close.
Several other brokerages also recently commented on RH. Zacks Research raised RH from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 16th. TD Cowen reissued a “buy” rating on shares of RH in a research note on Monday. The Goldman Sachs Group upgraded RH from a “sell” rating to a “neutral” rating and increased their target price for the stock from $86.00 to $155.00 in a report on Wednesday, July 8th. KeyCorp reiterated a “sector weight” rating on shares of RH in a research report on Friday, June 12th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of RH in a research note on Friday, July 24th. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $174.29.
View Our Latest Stock Report on RH
RH Stock Performance
RH (NYSE:RH – Get Free Report) last posted its earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, topping the consensus estimate of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The business had revenue of $800.33 million for the quarter, compared to analyst estimates of $792.55 million. During the same quarter in the prior year, the firm earned $0.13 EPS. The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. As a group, analysts anticipate that RH will post 4.85 EPS for the current fiscal year.
Insider Buying and Selling at RH
In related news, Director Mark S. Demilio sold 3,102 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $144.00, for a total transaction of $446,688.00. Following the completion of the transaction, the director owned 25,830 shares in the company, valued at approximately $3,719,520. The trade was a 10.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gary G. Friedman sold 69,069 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $169.48, for a total transaction of $11,705,814.12. Following the completion of the sale, the chief executive officer owned 3,282,268 shares in the company, valued at approximately $556,278,780.64. This trade represents a 2.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 132,749 shares of company stock valued at $21,856,812. 26.90% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harvest Fund Management Co. Ltd bought a new position in shares of RH during the 3rd quarter valued at about $30,000. Advisory Services Network LLC bought a new stake in shares of RH during the third quarter worth $31,000. Wilmington Savings Fund Society FSB raised its holdings in shares of RH by 200.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after acquiring an additional 116 shares during the period. Modus Advisors LLC acquired a new position in RH in the 4th quarter worth $34,000. Finally, Farther Finance Advisors LLC increased its holdings in RH by 45.0% during the 4th quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock worth $44,000 after purchasing an additional 77 shares in the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.
More RH News
Here are the key news stories impacting RH this week:
- Positive Sentiment: RH’s latest quarterly results modestly exceeded expectations: revenue was $800.3 million versus the $792.6 million consensus, while the loss of $1.97 per share was narrower than the expected $2.12 loss.
- Neutral Sentiment: RH shares opened at $183.76, above both their 50-day moving average of $165.87 and 200-day moving average of $158.74, indicating a relatively strong technical position despite the recent bearish commentary.
- Negative Sentiment: The latest quarter showed weakening underlying performance: revenue declined 1.7% year over year and the company swung to a loss from $0.13 per share in the prior-year period. RH also carries substantial leverage, with a debt-to-equity ratio of 54.96, while its P/E ratio of 35.47 leaves less room for execution disappointments.
- Negative Sentiment: A recent commentary piece explicitly presented “3 reasons to sell RH,” reinforcing concerns about valuation, operating momentum and the risk-reward balance. 3 reasons to sell RH and 1 stock to buy instead
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.
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