RH (RH) – Research Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for RH (NYSE: RH):

• 12/21/2024 – RH was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 12/19/2024 – RH was upgraded by analysts at Telsey Advisory Group from a “market perform” rating to an “outperform” rating. They now have a $500.00 price target on the stock, up previously from $485.00.
• 12/16/2024 – RH had its price target raised by analysts at Loop Capital from $320.00 to $450.00. They now have a “hold” rating on the stock.
• 12/16/2024 – RH had its price target raised by analysts at Stifel Nicolaus from $420.00 to $500.00. They now have a “buy” rating on the stock.
• 12/13/2024 – RH had its price target raised by analysts at Wells Fargo & Company from $425.00 to $500.00. They now have an “overweight” rating on the stock.
• 12/13/2024 – RH had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $500.00 price target on the stock, up previously from $430.00.
• 12/13/2024 – RH had its price target raised by analysts at Robert W. Baird from $300.00 to $400.00. They now have a “neutral” rating on the stock.
• 12/13/2024 – RH was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 12/13/2024 – RH had its price target raised by analysts at Morgan Stanley from $310.00 to $435.00. They now have an “equal weight” rating on the stock.
• 12/13/2024 – RH had its price target raised by analysts at Guggenheim from $425.00 to $550.00. They now have a “buy” rating on the stock.
• 12/9/2024 – RH had its price target raised by analysts at Telsey Advisory Group from $290.00 to $330.00. They now have a “market perform” rating on the stock.
• 12/9/2024 – RH had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $420.00 price target on the stock, up previously from $375.00.
• 12/4/2024 – RH had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $425.00 price target on the stock.
• 11/13/2024 – RH had its “underperform” rating reaffirmed by analysts at BNP Paribas. They now have a $253.00 price target on the stock.

RH Stock Down 1.6 %

RH opened at $407.00 on Friday. The company has a market cap of $7.57 billion, a price-to-earnings ratio of 116.95, a PEG ratio of 2.73 and a beta of 2.44. The firm’s fifty day simple moving average is $360.08 and its two-hundred day simple moving average is $305.44. RH has a 52-week low of $212.43 and a 52-week high of $457.26.

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 analysts’ consensus estimates of $2.67 by ($0.19). RH had a negative return on equity of 32.76% and a net margin of 2.25%. The firm had revenue of $811.73 million during the quarter, compared to analyst estimates of $812.19 million. During the same period in the prior year, the firm earned ($0.42) earnings per share. The business’s revenue was up 8.1% on a year-over-year basis. On average, research analysts forecast that RH will post 5.63 EPS for the current year.

Insider Buying and Selling at RH

In other RH news, Director Keith Belling sold 500 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $415.00, for a total value of $207,500.00. Following the transaction, the director now owns 5,470 shares of the company’s stock, valued at $2,270,050. This represents a 8.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Edward T. Lee sold 2,000 shares of RH stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $353.57, for a total transaction of $707,140.00. The disclosure for this sale can be found here. 28.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On RH

A number of institutional investors have recently modified their holdings of the company. Texas Permanent School Fund Corp increased its stake in RH by 25.3% during the 2nd quarter. Texas Permanent School Fund Corp now owns 16,765 shares of the company’s stock worth $4,098,000 after buying an additional 3,387 shares during the period. Virtu Financial LLC purchased a new stake in shares of RH during the third quarter worth $4,268,000. Lisanti Capital Growth LLC acquired a new stake in shares of RH in the third quarter valued at $3,251,000. Invst LLC purchased a new position in RH in the third quarter valued at $752,000. Finally, Cerity Partners LLC grew its stake in RH by 139.7% during the 3rd quarter. Cerity Partners LLC now owns 2,584 shares of the company’s stock worth $864,000 after purchasing an additional 1,506 shares in the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

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.