Richelieu Hardware (RCH) Stock Price, News & Analysis

Company Overview

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company's principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories. It manufactures veneer sheets and edge banding products; various decorative moldings and components for the window and door industry; and custom products. The company serves kitchen and bathroom cabinet, storage and closet, home furnishing, and office furniture manufacturers; door and window manufacturers; residential and commercial woodworkers; and hardware retailers, such as renovation superstores. Richelieu Hardware Ltd. was founded in 1968 and is headquartered in Montreal, Canada.

Key Stats

• Today's Range: C$38.01 to C$38.64
• 50-Day Range: C$36.69 to C$40.77
• 52-Week Range: C$36.30 to C$48.27
• Volume: 69,202 shs
• Average Volume: 52,252 shs
• Market Capitalization: C$2.13 billion
• P/E Ratio: 23.90
• Dividend Yield: 1.57%
• Price Target: C$44.75
• Consensus Rating: Hold

Richelieu Hardware Stock Analysis - MarketRank™

Richelieu Hardware scored higher than 59% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Richelieu Hardware has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Richelieu Hardware has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Richelieu Hardware is 23.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.06.

Price to Earnings Ratio vs. Sector

The P/E ratio of Richelieu Hardware is 23.90, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 364.49.

Price to Earnings Growth Ratio

Richelieu Hardware has a PEG Ratio of 0.77. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Richelieu Hardware has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for RCH.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Richelieu Hardware pays a meaningful dividend of 1.54%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Richelieu Hardware does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Richelieu Hardware is 37.50%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for RCH.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.01

News Sentiment

Richelieu Hardware has a news sentiment score of 0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.34 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Richelieu Hardware this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added Richelieu Hardware to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Richelieu Hardware insiders have sold 783.07% more of their company's stock than they have bought. Specifically, they have bought C$49,394.00 in company stock and sold C$436,182.00 in company stock.

Percentage Held by Insiders

Only 7.62% of the stock of Richelieu Hardware is held by insiders.

Percentage Held by Institutions

54.27% of the stock of Richelieu Hardware is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RCH Stock Analysis - Frequently Asked Questions

How have RCH shares performed this year?

Richelieu Hardware's stock was trading at C$47.98 on January 1st, 2024. Since then, RCH stock has decreased by 20.3% and is now trading at C$38.24.
View the best growth stocks for 2024 here.

How were Richelieu Hardware's earnings last quarter?

Richelieu Hardware Ltd. (TSE:RCH) released its earnings results on Thursday, October, 10th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by $0.03. The firm earned $467.75 million during the quarter, compared to the consensus estimate of $468.40 million. Richelieu Hardware had a net margin of 4.97% and a trailing twelve-month return on equity of 10.32%.

How do I buy shares of Richelieu Hardware?

Shares of RCH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Richelieu Hardware own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Richelieu Hardware investors own include Royal Bank of Canada (RY), Alimentation Couche-Tard (ATD.B), Canadian National Railway (CNR), Toronto-Dominion Bank (TD), Alimentation Couche-Tard (ATD), Bank of Nova Scotia (BNS) and Cisco Systems (CSCO).

Company Calendar

• Last Earnings: 10/10/2024
• Ex-Dividend for 11/7 Dividend: 10/24/2024
• Dividend Payable: 11/07/2024
• Today: 11/17/2024
• Next Earnings (Estimated): 1/16/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Cyclical
• Industry: Furnishings, Fixtures & Appliances
• Sub-Industry: N/A
• Current Symbol: TSE:RCH
• CUSIP: N/A
• CIK: N/A
• Web: www.richelieu.com
• Phone: +1-514-3364144
• Fax: N/A
• Employees: 3,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$44.75
• High Stock Price Target: C$45.50
• Low Stock Price Target: C$44.00
• Potential Upside/Downside: +17.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.60
• Trailing P/E Ratio: 23.90
• Forward P/E Ratio: N/A
• P/E Growth: 0.77
• Net Income: C$89.91 million
• Net Margins: 4.97%
• Pretax Margin: N/A
• Return on Equity: 10.32%
• Return on Assets: 6.46%

Debt

• Debt-to-Equity Ratio: 26.31
• Current Ratio: 3.46
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: C$1.81 billion
• Price / Sales: 1.18
• Cash Flow: C$1.09 per share
• Price / Cash Flow: 35.00
• Book Value: C$16.70 per share
• Price / Book: 2.29

Miscellaneous

• Outstanding Shares: 55,680,000
• Free Float: N/A
• Market Cap: C$2.13 billion
• Optionable: Not Optionable
• Beta: 0.94