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

RH (NYSE:RH - Get Free Report) has been given an average rating of "Moderate Buy" by the sixteen brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $431.60.

A number of research firms have commented on RH. Morgan Stanley upgraded RH from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $435.00 to $530.00 in a research note on Monday, January 13th. Stifel Nicolaus increased their price objective on RH from $420.00 to $500.00 and gave the company a "buy" rating in a report on Monday, December 16th. StockNews.com raised RH from a "sell" rating to a "hold" rating in a research note on Tuesday. Guggenheim raised their price objective on shares of RH from $425.00 to $550.00 and gave the company a "buy" rating in a research note on Friday, December 13th. Finally, Wells Fargo & Company upped their target price on shares of RH from $425.00 to $500.00 and gave the stock an "overweight" rating in a research note on Friday, December 13th.

RH Stock Performance

RH traded up $8.41 during trading on Friday, reaching $225.04. 1,055,886 shares of the stock were exchanged, compared to its average volume of 755,430. The stock's 50 day moving average price is $375.24 and its two-hundred day moving average price is $352.32. The stock has a market cap of $4.19 billion, a P/E ratio of 64.67, a price-to-earnings-growth ratio of 2.65 and a beta of 2.50. RH has a twelve month low of $212.04 and a twelve month high of $457.26.

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RH (NYSE:RH - Get Free Report) last posted its earnings results on Thursday, December 12th. The company reported $2.48 earnings per share for the quarter, missing analysts' consensus estimates of $2.67 by ($0.19). RH had a negative return on equity of 35.72% and a net margin of 2.25%. The business had revenue of $811.73 million for the quarter, compared to analyst estimates of $812.19 million. During the same period in the previous year, the firm posted ($0.42) earnings per share. The firm's revenue was up 8.1% compared to the same quarter last year. Equities research analysts predict that RH will post 4.39 earnings per share for the current fiscal year.

Insider Activity at RH

In other RH news, insider Eri Chaya sold 10,000 shares of the company's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $416.27, for a total value of $4,162,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Keith Belling sold 500 shares of RH 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 directly owns 5,470 shares in the company, valued at approximately $2,270,050. The trade was a 8.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 66,880 shares of company stock worth $29,129,879. 28.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On RH

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. lifted its position in shares of RH by 16.4% in the third quarter. Crossmark Global Holdings Inc. now owns 1,138 shares of the company's stock valued at $380,000 after acquiring an additional 160 shares in the last quarter. Entropy Technologies LP purchased a new stake in shares of RH in the third quarter valued at $870,000. GSA Capital Partners LLP bought a new stake in shares of RH in the 3rd quarter worth about $311,000. KBC Group NV lifted its holdings in shares of RH by 25.8% in the 3rd quarter. KBC Group NV now owns 454 shares of the company's stock worth $152,000 after acquiring an additional 93 shares during the last quarter. Finally, Quest Partners LLC boosted its stake in shares of RH by 57.5% during the 3rd quarter. Quest Partners LLC now owns 898 shares of the company's stock worth $300,000 after purchasing an additional 328 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.

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.