RH (RH) Projected to Post Earnings on Wednesday

RH (NYSE:RH - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect RH to post earnings of $1.90 per share and revenue of $828.21 million for the quarter.

RH Trading Down 2.4 %

NYSE:RH traded down $6.29 during trading hours on Tuesday, reaching $251.55. 376,353 shares of the company were exchanged, compared to its average volume of 768,482. The firm has a market cap of $4.68 billion, a PE ratio of 72.59, 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. The stock's 50-day moving average is $350.53 and its 200-day moving average is $352.39.

Analysts Set New Price Targets

A number of research analysts recently weighed in on RH shares. UBS Group decreased their price target on shares of RH from $440.00 to $250.00 and set a "neutral" rating on the stock in a research note on Friday. Wells Fargo & Company lowered their price target on RH from $500.00 to $375.00 and set an "overweight" rating on the stock in a research note on Tuesday, March 18th. The Goldman Sachs Group upgraded RH from a "sell" rating to a "neutral" rating and boosted their price target for the stock from $261.00 to $374.00 in a research report on Thursday, January 30th. Robert W. Baird lifted their target price on shares of RH from $300.00 to $400.00 and gave the stock a "neutral" rating in a research note on Friday, December 13th. Finally, Loop Capital upped their target price on shares of RH from $320.00 to $450.00 and gave the stock a "hold" rating in a report on Monday, December 16th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $412.56.

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Insider Activity

In related news, Director Keith Belling sold 500 shares of RH stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $417.85, for a total value of $208,925.00. Following the completion of the sale, the director now owns 4,970 shares in the company, valued at approximately $2,076,714.50. This trade represents a 9.14 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Eri Chaya sold 10,000 shares of the company's stock in a transaction on Monday, January 6th. The stock was sold at an average price of $416.27, for a total value of $4,162,700.00. The disclosure for this sale can be found here. Insiders have sold a total of 66,380 shares of company stock valued at $28,922,379 in the last quarter. Insiders own 28.10% 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.