RH (NYSE:RH – Free Report) – Telsey Advisory Group issued their FY2027 earnings per share (EPS) estimates for shares of RH in a research report issued to clients and investors on Monday, December 9th. Telsey Advisory Group analyst C. Fernandez anticipates that the company will earn $15.00 per share for the year. Telsey Advisory Group has a “Market Perform” rating and a $330.00 price objective on the stock. The consensus estimate for RH’s current full-year earnings is $5.63 per share.
Several other brokerages have also recently commented on RH. Wedbush raised RH from a “neutral” rating to an “outperform” rating and increased their price target for the company from $310.00 to $430.00 in a research report on Monday, October 21st. Morgan Stanley increased their price objective on RH from $300.00 to $310.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. TD Cowen boosted their target price on shares of RH from $325.00 to $350.00 and gave the stock a “buy” rating in a report on Friday, September 13th. Bank of America increased their price target on shares of RH from $310.00 to $359.00 and gave the company a “buy” rating in a research note on Friday, September 13th. Finally, Citigroup boosted their price objective on shares of RH from $340.00 to $355.00 and gave the stock a “buy” rating in a research note on Friday, September 13th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $338.40.
RH Price Performance
Shares of NYSE RH opened at $386.09 on Tuesday. The business has a 50-day moving average of $343.32 and a 200-day moving average of $294.90. The stock has a market capitalization of $7.12 billion, a price-to-earnings ratio of 227.11, a PEG ratio of 2.15 and a beta of 2.44. RH has a fifty-two week low of $212.43 and a fifty-two week high of $400.49.
RH (NYSE:RH – Get Free Report) last announced its earnings results on Thursday, September 12th. The company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.56 by $0.13. RH had a net margin of 1.13% and a negative return on equity of 11.29%. The business had revenue of $829.66 million during the quarter, compared to analysts’ expectations of $824.52 million. During the same quarter in the prior year, the company posted $3.93 earnings per share. The firm’s revenue was up 3.6% on a year-over-year basis.
Insider Buying and Selling at RH
In other news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $340.30, for a total transaction of $680,600.00. Following the transaction, the director now directly owns 10,914 shares of the company’s stock, valued at approximately $3,714,034.20. This trade represents a 15.49 % 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 hyperlink. Also, insider Stefan Duban sold 4,285 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $346.37, for a total value of $1,484,195.45. Following the completion of the sale, the insider now owns 78 shares of the company’s stock, valued at approximately $27,016.86. This trade represents a 98.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,285 shares of company stock valued at $2,871,935 in the last ninety days. 28.10% of the stock is currently owned by corporate insiders.
Institutional Trading of RH
Several large investors have recently modified their holdings of RH. Inspire Trust Co. N.A. lifted its position in RH by 8.6% during the third quarter. Inspire Trust Co. N.A. now owns 5,065 shares of the company’s stock worth $1,694,000 after purchasing an additional 400 shares during the period. Blankinship & Foster LLC bought a new stake in shares of RH during the 3rd quarter worth approximately $846,000. Sanctuary Advisors LLC boosted its position in shares of RH by 55.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 3,755 shares of the company’s stock worth $1,382,000 after acquiring an additional 1,341 shares in the last quarter. Virtu Financial LLC bought a new position in RH in the third quarter valued at approximately $4,268,000. Finally, Invst LLC acquired a new position in RH during the third quarter valued at approximately $752,000. 90.17% of the stock is owned by institutional investors and hedge funds.
RH Company Profile
RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.
Recommended Stories
- Five stocks we like better than RH
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Survey Reveals: Which States Saw the Biggest Investment Gains in 2024?
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Amazon’s Healthcare Gamble: A New Era of Medical Disruption
- What is Insider Trading? What You Can Learn from Insider Trading
- Semiconductor Giant Synopsys Slides 14% — Time to Take Notice
Receive News & Ratings for RH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RH and related companies with MarketBeat.com's FREE daily email newsletter.