Wedbush Issues Optimistic Forecast for RH Earnings

RH (NYSE:RH - Free Report) - Stock analysts at Wedbush upped their Q4 2026 earnings per share (EPS) estimates for RH in a research note issued on Friday, December 13th. Wedbush analyst S. Basham now anticipates that the company will post earnings per share of $4.05 for the quarter, up from their prior forecast of $3.90. Wedbush currently 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.

Other equities analysts have also issued research reports about the company. BNP Paribas reaffirmed an "underperform" rating and set a $253.00 price target on shares of RH in a research note on Wednesday, November 13th. Wells Fargo & Company increased their price target on shares of RH from $425.00 to $500.00 and gave the company an "overweight" rating in a research note on Friday. Guggenheim upped their price objective on RH from $425.00 to $550.00 and gave the stock a "buy" rating in a research report on Friday. Stifel Nicolaus lifted their target price on RH from $420.00 to $500.00 and gave the stock a "buy" rating in a report on Monday. Finally, Barclays decreased their target price on RH from $340.00 to $320.00 and set an "equal weight" rating for the company in a research report on Monday, September 16th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $391.07.

RH Stock Down 7.0 %

Shares of NYSE:RH traded down $31.41 on Monday, reaching $414.63. The company had a trading volume of 1,312,869 shares, compared to its average volume of 726,210. The stock has a 50-day moving average price of $347.81 and a 200 day moving average price of $298.20. RH has a twelve month low of $212.43 and a twelve month high of $457.26. The stock has a market capitalization of $7.65 billion, a P/E ratio of 128.17, a P/E/G ratio of 2.73 and a beta of 2.44.

RH (NYSE:RH - Get Free Report) last posted its quarterly earnings data 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 analysts' expectations of $812.19 million. RH had a negative return on equity of 32.76% and a net margin of 2.25%. RH's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.42) earnings per share.

Insider Buying and Selling

In related news, insider Edward T. Lee sold 2,000 shares of the firm's stock in a transaction on Friday, October 18th. The stock was sold at an average price of $353.57, for a total transaction of $707,140.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Stefan Duban sold 4,285 shares of the stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $346.37, for a total value of $1,484,195.45. Following the sale, the insider now owns 78 shares in the company, valued at $27,016.86. The trade was a 98.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,285 shares of company stock worth $2,871,935 in the last quarter. Company insiders own 28.10% of the company's stock.

Institutional Trading of RH

Several hedge funds and other institutional investors have recently modified their holdings of RH. Anomaly Capital Management LP boosted its holdings in RH by 503.6% in the second quarter. Anomaly Capital Management LP now owns 349,227 shares of the company's stock valued at $85,365,000 after acquiring an additional 291,368 shares during the last quarter. Two Sigma Advisers LP lifted its stake in RH by 141.5% in the 3rd quarter. Two Sigma Advisers LP now owns 159,600 shares of the company's stock valued at $53,375,000 after purchasing an additional 93,500 shares during the last quarter. Marshall Wace LLP grew its holdings in RH by 58.6% in the 2nd quarter. Marshall Wace LLP now owns 174,324 shares of the company's stock valued at $42,612,000 after buying an additional 64,423 shares in the last quarter. Victory Capital Management Inc. boosted its stake in RH by 77.0% in the second quarter. Victory Capital Management Inc. now owns 128,711 shares of the company's stock valued at $31,462,000 after buying an additional 55,999 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of 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. 90.17% of the stock is currently 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.