RH (NYSE:RH) issued its quarterly earnings data on Tuesday. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.03. RH had a net margin of 1.33% and a return on equity of 7.09%. The company had revenue of $586.70 million for the quarter, compared to analysts’ expectations of $585 million. During the same quarter in the previous year, the firm posted $0.98 earnings per share. RH’s revenue for the quarter was down 9.3% on a year-over-year basis. RH updated its Q1 guidance to $0.02-0.06 EPS and its FY18 guidance to $1.78-2.19 EPS.
RH (NYSE:RH) traded up 1.74% during mid-day trading on Friday, hitting $48.64. 1,001,119 shares of the stock were exchanged. The firm has a market cap of $1.75 billion, a P/E ratio of 374.15 and a beta of 1.57. The company has a 50 day moving average of $40.66 and a 200 day moving average of $33.17. RH has a 12-month low of $24.41 and a 12-month high of $48.91.
A number of equities research analysts recently weighed in on RH shares. Buckingham Research lowered shares of RH from a “neutral” rating to an “underperform” rating in a report on Tuesday, February 7th. Goldman Sachs Group Inc lowered shares of RH from a “conviction-buy” rating to a “buy” rating and set a $40.00 price target for the company. in a research note on Thursday, January 19th. Vetr lowered shares of RH from a “buy” rating to a “hold” rating and set a $35.67 price target for the company. in a research note on Monday, March 13th. Zacks Investment Research raised shares of RH from a “sell” rating to a “hold” rating in a report on Thursday, January 5th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $45.00 price objective on shares of RH in a report on Thursday, March 23rd. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $40.47.
RH, formerly Restoration Hardware Holdings, Inc, is a luxury retailer in the home furnishings marketplace. The Company offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings. The Company classifies its sales into furniture and non-furniture product lines.
