RH (NYSE:RH) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of RH (NYSE:RH) have been given a consensus rating of “Moderate Buy” by the sixteen analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $431.60.

Several research analysts have issued reports on the stock. Wedbush restated an “outperform” rating and set a $500.00 price target on shares of RH in a report on Tuesday, February 18th. Loop Capital raised their price target on shares of RH from $320.00 to $450.00 and gave the stock a “hold” rating in a report on Monday, December 16th. Morgan Stanley upgraded shares of RH from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $435.00 to $530.00 in a report on Monday, January 13th. StockNews.com lowered shares of RH from a “hold” rating to a “sell” rating in a report on Saturday, December 21st. Finally, Telsey Advisory Group upgraded shares of RH from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $485.00 to $500.00 in a report on Thursday, December 19th.

Insiders Place Their Bets

In other RH news, insider Eri Chaya sold 10,000 shares of the company’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $416.27, for a total transaction of $4,162,700.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Christina Hargarten sold 5,280 shares of the company’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $447.20, for a total transaction of $2,361,216.00. Following the transaction, the chief accounting officer now owns 484 shares in the company, valued at approximately $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 have sold 66,880 shares of company stock worth $29,129,879. Insiders own 28.10% of the company’s stock.

Institutional Trading of RH

Institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc grew its stake in shares of RH by 7,000.0% in the 4th quarter. Versant Capital Management Inc now owns 71 shares of the company’s stock worth $28,000 after acquiring an additional 70 shares in the last quarter. UMB Bank n.a. grew its stake in shares of RH by 125.8% in the 4th quarter. UMB Bank n.a. now owns 70 shares of the company’s stock worth $28,000 after acquiring an additional 39 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of RH by 533.3% in the 4th quarter. GAMMA Investing LLC now owns 76 shares of the company’s stock worth $30,000 after acquiring an additional 64 shares in the last quarter. Sunbelt Securities Inc. grew its stake in shares of RH by 690.0% in the 4th quarter. Sunbelt Securities Inc. now owns 79 shares of the company’s stock worth $31,000 after acquiring an additional 69 shares in the last quarter. Finally, Blue Trust Inc. grew its stake 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 acquiring an additional 74 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

RH Trading Down 7.1 %

RH opened at $340.06 on Monday. The company’s 50 day moving average is $406.73 and its 200-day moving average is $350.99. RH has a 1-year low of $212.43 and a 1-year high of $457.26. The company has a market cap of $6.33 billion, a P/E ratio of 97.72, a PEG ratio of 2.65 and a beta of 2.42.

RH (NYSE:RH) last posted its earnings results on Thursday, December 12th. The company reported $2.48 EPS for the quarter, missing the consensus estimate 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 quarter in the prior year, the business earned ($0.42) earnings per share. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. On average, equities analysts forecast that RH will post 4.39 EPS for the current year.

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.