RH (NYSE:RH – Get Free Report) has been assigned an average rating of “Hold” from the nineteen brokerages that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $164.86.
Several research analysts have issued reports on RH shares. The Goldman Sachs Group raised RH from a “sell” rating to a “neutral” rating and upped their price target for the company from $86.00 to $155.00 in a report on Wednesday, July 8th. Wells Fargo & Company reduced their price objective on RH from $225.00 to $175.00 and set an “overweight” rating for the company in a research note on Friday, September 11th. Stifel Nicolaus reduced their price objective on RH from $130.00 to $120.00 and set a “hold” rating for the company in a research note on Monday, September 28th. Telsey Advisory Group lifted their target price on RH from $140.00 to $155.00 and gave the stock a “market perform” rating in a report on Friday, September 11th. Finally, JPMorgan Chase & Co. cut their target price on RH from $212.00 to $190.00 and set an “overweight” rating on the stock in a research report on Friday, September 11th.
View Our Latest Stock Analysis on RH
Insider Buying and Selling at RH
Institutional Trading of RH
Institutional investors and hedge funds have recently bought and sold shares of the stock. Belpointe Asset Management LLC increased its holdings in shares of RH by 3.5% in the 2nd quarter. Belpointe Asset Management LLC now owns 2,217 shares of the company’s stock valued at $365,000 after purchasing an additional 75 shares during the period. D.B. Root & Company LLC lifted its position in shares of RH by 0.9% in the second quarter. D.B. Root & Company LLC now owns 8,413 shares of the company’s stock worth $1,386,000 after purchasing an additional 78 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in shares of RH by 3.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 3,170 shares of the company’s stock worth $443,000 after purchasing an additional 100 shares in the last quarter. State of Michigan Retirement System lifted its position in shares of RH by 2.8% in the first quarter. State of Michigan Retirement System now owns 3,715 shares of the company’s stock worth $519,000 after purchasing an additional 100 shares in the last quarter. Finally, Hilton Head Capital Partners LLC boosted its holdings in shares of RH by 17.0% during the first quarter. Hilton Head Capital Partners LLC now owns 702 shares of the company’s stock worth $98,000 after purchasing an additional 102 shares during the period. Institutional investors and hedge funds own 90.17% of the company’s stock.
RH Stock Up 0.0%
NYSE RH opened at $117.03 on Friday. The company has a debt-to-equity ratio of 26.57, a current ratio of 1.12 and a quick ratio of 0.37. The company’s 50 day simple moving average is $144.72 and its 200 day simple moving average is $146.16. RH has a 12 month low of $106.30 and a 12 month high of $239.40. The company has a market capitalization of $2.22 billion, a P/E ratio of 20.82, a PEG ratio of 2.21 and a beta of 1.91.
RH (NYSE:RH – Get Free Report) last released its earnings results on Thursday, September 10th. The company reported $2.70 EPS for the quarter, beating the consensus estimate of $0.38 by $2.32. The business had revenue of $922.15 million during the quarter, compared to analyst estimates of $915.09 million. RH had a net margin of 3.23% and a return on equity of 132.79%. The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.93 earnings per share. Equities research analysts expect that RH will post 5.30 earnings per share for the current fiscal year.
Key Stories Impacting RH
Here are the key news stories impacting RH this week:
- Positive Sentiment: An analyst upgraded RH, citing the company’s “Estates” strategy and potential for substantial long-term growth. The expansive gallery, hospitality and real-estate format could support higher sales and strengthen RH’s luxury brand, although the outlook remains dependent on improving consumer demand. RH: Estates Playbook Upside Offset By Macro Softness (Rating Upgrade)
- Positive Sentiment: RH broke ground on a new Naples location featuring six galleries and a 174-seat wine bar. The project expands the company’s physical footprint and hospitality offering, potentially increasing customer engagement and supporting higher-value purchases over time. RH Breaks Ground in Naples With Six Galleries and a 174-Seat Wine Bar
- Neutral Sentiment: A comparison of RH and Hennes & Mauritz offers broader retail and investment context, but the available report does not identify a specific new development likely to materially change RH’s near-term earnings outlook. RH and Hennes & Mauritz Critical Contrast
- Negative Sentiment: The analyst upgrade acknowledged macroeconomic softness as a near-term risk. High interest rates, weaker housing activity and cautious luxury consumers could delay demand recovery and limit the immediate benefit of RH’s expansion strategy.
RH Company Profile
RH, formerly known as Restoration Hardware, is a luxury home-furnishings company that curates and sells products for residential and hospitality environments. Its offerings include furniture, lighting, textiles, rugs, bath and kitchen fixtures, outdoor furnishings, décor and related design products.
The company markets its products through a multichannel platform that includes large-format RH Galleries, outlet locations, source books, websites and trade services for professional designers.
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