RH (NYSE:RH) Receives $431.60 Consensus PT from Analysts

Shares of RH (NYSE:RH) have been assigned an average rating of “Moderate Buy” from the sixteen brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $431.60.

Several equities analysts have weighed in on RH shares. Robert W. Baird lifted their price objective on shares of RH from $300.00 to $400.00 and gave the stock a “neutral” rating in a research report on Friday, December 13th. Loop Capital lifted their price objective on shares of RH from $320.00 to $450.00 and gave the stock a “hold” rating in a research report on Monday, December 16th. Wedbush reiterated an “outperform” rating and set a $500.00 price objective on shares of RH in a research report on Tuesday, February 18th. Morgan Stanley upgraded shares of RH from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $435.00 to $530.00 in a research report on Monday, January 13th. Finally, StockNews.com upgraded shares of RH from a “sell” rating to a “hold” rating in a research report on Tuesday, March 11th.

RH Stock Performance

RH stock opened at $225.04 on Friday. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 64.67, a price-to-earnings-growth ratio of 2.65 and a beta of 2.50. RH has a 1 year low of $212.04 and a 1 year high of $457.26. The firm’s 50 day moving average price is $371.63 and its two-hundred day moving average price is $353.08.

RH (NYSE:RH) last posted its quarterly earnings data on Thursday, December 12th. The company reported $2.48 earnings per share for the quarter, missing the consensus estimate of $2.67 by ($0.19). RH had a negative return on equity of 35.72% and a net margin of 2.25%. The firm had revenue of $811.73 million for the quarter, compared to analysts’ expectations of $812.19 million. During the same quarter in the previous year, the firm posted ($0.42) earnings per share. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. As a group, equities analysts predict that RH will post 4.39 EPS for the current fiscal year.

Insider Activity at RH

In other RH news, CAO Christina Hargarten sold 5,280 shares of the business’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of $447.20, for a total transaction of $2,361,216.00. Following the completion of the transaction, the chief accounting officer now owns 484 shares of the company’s stock, valued at $216,444.80. The trade was a 91.60 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Eri Chaya sold 25,000 shares of the business’s stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $426.41, for a total transaction of $10,660,250.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 66,880 shares of company stock valued at $29,129,879. Insiders own 28.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Crossmark Global Holdings Inc. raised its position in shares of RH by 16.4% during the third quarter. Crossmark Global Holdings Inc. now owns 1,138 shares of the company’s stock valued at $380,000 after buying an additional 160 shares during the last quarter. Entropy Technologies LP acquired a new position in shares of RH during the third quarter valued at about $870,000. GSA Capital Partners LLP acquired a new position in shares of RH during the third quarter valued at about $311,000. KBC Group NV raised its position in shares of RH by 25.8% during the third quarter. KBC Group NV now owns 454 shares of the company’s stock valued at $152,000 after buying an additional 93 shares during the last quarter. Finally, Quest Partners LLC raised its position in shares of RH by 57.5% during the third quarter. Quest Partners LLC now owns 898 shares of the company’s stock valued at $300,000 after buying an additional 328 shares during 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.