Wedbush Analysts Decrease Earnings Estimates for RH

RH (NYSE:RH - Free Report) - Analysts at Wedbush dropped their FY2025 EPS estimates for RH in a report released on Tuesday, February 18th. Wedbush analyst S. Basham now forecasts that the company will post earnings of $4.33 per share for the year, down from their previous estimate of $4.35. Wedbush has a "Outperform" rating and a $500.00 price target on the stock. The consensus estimate for RH's current full-year earnings is $4.39 per share.

Several other equities analysts have also weighed in on the stock. Robert W. Baird increased their price target on shares of RH from $300.00 to $400.00 and gave the company a "neutral" rating in a research report on Friday, December 13th. Guggenheim raised their price target on shares of RH from $425.00 to $550.00 and gave the stock a "buy" rating in a research note on Friday, December 13th. Stifel Nicolaus upped their price objective on RH from $420.00 to $500.00 and gave the company a "buy" rating in a research note on Monday, December 16th. The Goldman Sachs Group raised RH from a "sell" rating to a "neutral" rating and raised their target price for the stock from $261.00 to $374.00 in a research report on Thursday, January 30th. Finally, BNP Paribas restated an "underperform" rating and issued a $253.00 target price on shares of RH in a research note on Wednesday, November 13th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $431.60.

RH Price Performance

Shares of RH stock traded down $25.87 during trading hours on Thursday, hitting $340.06. 844,532 shares of the company's stock traded hands, compared to its average volume of 542,408. The stock has a market capitalization of $6.33 billion, a price-to-earnings ratio of 97.72, a PEG ratio of 2.77 and a beta of 2.42. RH has a 12-month low of $212.43 and a 12-month high of $457.26. The company has a fifty day simple moving average of $408.84 and a 200-day simple moving average of $348.96.

RH (NYSE:RH - Get Free Report) last released its earnings results 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 during the quarter, compared to the consensus estimate of $812.19 million. RH had a net margin of 2.25% and a negative return on equity of 35.72%. The business's revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the company earned ($0.42) earnings per share.

Insider Activity at RH

In other news, Director Keith Belling sold 500 shares of RH stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $415.00, for a total transaction of $207,500.00. Following the completion of the sale, the director now owns 5,470 shares in the company, valued at approximately $2,270,050. This trade represents a 8.38 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Christina Hargarten sold 5,280 shares of the business's stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $447.20, for a total value of $2,361,216.00. Following the transaction, the chief accounting officer now directly owns 484 shares of the company's stock, valued at $216,444.80. The trade was a 91.60 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 66,880 shares of company stock valued at $29,129,879. Corporate insiders own 28.10% of the company's stock.

Institutional Investors Weigh In On RH

Several hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc raised its position in shares of RH by 7,000.0% during the 4th quarter. Versant Capital Management Inc now owns 71 shares of the company's stock valued at $28,000 after buying an additional 70 shares in the last quarter. UMB Bank n.a. increased its stake in RH by 125.8% in the fourth quarter. UMB Bank n.a. now owns 70 shares of the company's stock valued at $28,000 after acquiring an additional 39 shares during the last quarter. GAMMA Investing LLC raised its position in RH by 533.3% during the fourth quarter. GAMMA Investing LLC now owns 76 shares of the company's stock valued at $30,000 after purchasing an additional 64 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in RH by 690.0% during the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company's stock worth $31,000 after purchasing an additional 69 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of RH by 308.3% in the 3rd quarter. Blue Trust Inc. now owns 98 shares of the company's stock worth $33,000 after purchasing an additional 74 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors.

About RH

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.