Wedbush Analysts Increase Earnings Estimates for RH

RH (NYSE:RH) – Investment analysts at Wedbush lifted their Q4 2026 earnings per share estimates for shares of RH in a research report issued on Friday, December 13th. Wedbush analyst S. Basham now expects that the company will earn $4.05 per share for the quarter, up from their previous estimate of $3.90. Wedbush has a “Outperform” rating and a $500.00 price target on the stock. The consensus estimate for RH’s current full-year earnings is $5.63 per share.

A number of other research analysts have also issued reports on the company. Citigroup lifted their target price on RH from $340.00 to $355.00 and gave the company a “buy” rating in a report on Friday, September 13th. TD Cowen boosted their price objective on RH from $325.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, September 13th. Bank of America upped their target price on shares of RH from $310.00 to $359.00 and gave the stock a “buy” rating in a research note on Friday, September 13th. Morgan Stanley lifted their price target on shares of RH from $310.00 to $435.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, Telsey Advisory Group increased their price objective on shares of RH from $290.00 to $330.00 and gave the company a “market perform” rating in a research report on Monday, December 9th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $377.07.

RH Stock Up 17.0 %

NYSE:RH opened at $446.04 on Monday. RH has a 52 week low of $212.43 and a 52 week high of $457.26. The company has a fifty day simple moving average of $347.81 and a two-hundred day simple moving average of $297.88. The company has a market cap of $8.22 billion, a price-to-earnings ratio of 128.17, a price-to-earnings-growth ratio of 2.73 and a beta of 2.44.

RH (NYSE:RH) last issued its quarterly earnings results on Thursday, December 12th. The company reported $2.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.67 by ($0.19). The business had revenue of $811.73 million for the quarter, compared to analyst estimates of $812.19 million. RH had a negative return on equity of 32.76% and a net margin of 2.25%. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.42) EPS.

Insiders Place Their Bets

In related news, Director Mark S. Demilio sold 2,000 shares of the company’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $340.30, for a total value of $680,600.00. Following the completion of the sale, the director now owns 10,914 shares in the company, valued at $3,714,034.20. This represents a 15.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Stefan Duban sold 4,285 shares of the stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $346.37, for a total transaction of $1,484,195.45. Following the sale, the insider now owns 78 shares of the company’s stock, valued at approximately $27,016.86. This represents a 98.21 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,285 shares of company stock valued at $2,871,935. 28.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On RH

Institutional investors have recently added to or reduced their stakes in the stock. Anomaly Capital Management LP increased its stake in RH by 503.6% in the 2nd quarter. Anomaly Capital Management LP now owns 349,227 shares of the company’s stock valued at $85,365,000 after buying an additional 291,368 shares during the period. Two Sigma Advisers LP raised its holdings in RH by 141.5% during the third quarter. Two Sigma Advisers LP now owns 159,600 shares of the company’s stock worth $53,375,000 after purchasing an additional 93,500 shares in the last quarter. Marshall Wace LLP lifted its position in RH by 58.6% in the second quarter. Marshall Wace LLP now owns 174,324 shares of the company’s stock valued at $42,612,000 after purchasing an additional 64,423 shares during the period. Victory Capital Management Inc. boosted its holdings in RH by 77.0% in the 2nd quarter. Victory Capital Management Inc. now owns 128,711 shares of the company’s stock valued at $31,462,000 after purchasing an additional 55,999 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in RH by 24.2% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 227,247 shares of the company’s stock valued at $55,548,000 after purchasing an additional 44,278 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

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.