RH (NYSE:RH) Shares Gap Up – Still a Buy?

Shares of RH (NYSE:RH) gapped up before the market opened on Tuesday . The stock had previously closed at $197.84, but opened at $204.05. RH shares last traded at $200.37, with a volume of 205,751 shares traded.

Analysts Set New Price Targets

Several research analysts have recently weighed in on RH shares. Stifel Nicolaus reduced their price objective on RH from $390.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, September 12th. Wells Fargo & Company increased their price target on RH from $275.00 to $295.00 and gave the company an “overweight” rating in a research report on Monday, September 8th. UBS Group dropped their price objective on RH from $235.00 to $215.00 and set a “neutral” rating on the stock in a research note on Thursday, June 5th. Robert W. Baird upped their price objective on RH from $215.00 to $230.00 and gave the company a “neutral” rating in a research note on Monday, June 16th. Finally, Citigroup upped their price objective on RH from $200.00 to $233.00 and gave the company a “neutral” rating in a research note on Wednesday, September 3rd. Ten investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, RH currently has a consensus rating of “Hold” and a consensus target price of $259.29.

RH Stock Up 1.0%

The company has a market cap of $3.75 billion, a P/E ratio of 37.10, a price-to-earnings-growth ratio of 0.96 and a beta of 2.15. The stock has a 50 day moving average price of $222.59 and a two-hundred day moving average price of $203.83.

RH (NYSE:RH) last announced its earnings results on Thursday, September 11th. The company reported $2.93 earnings per share for the quarter, missing analysts’ consensus estimates of $3.22 by ($0.29). The firm had revenue of $899.15 million for the quarter, compared to the consensus estimate of $906.58 million. RH had a negative return on equity of 113.58% and a net margin of 3.20%.RH’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter last year, the business posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts anticipate that RH will post 4.39 EPS for the current year.

Insider Buying and Selling

In other RH news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $236.13, for a total transaction of $472,260.00. Following the transaction, the director owned 24,616 shares in the company, valued at $5,812,576.08. This trade represents a 7.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 27.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On RH

A number of hedge funds have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC bought a new position in RH during the 2nd quarter worth $242,000. Thrivent Financial for Lutherans boosted its holdings in shares of RH by 84.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 6,523 shares of the company’s stock valued at $1,233,000 after purchasing an additional 2,990 shares in the last quarter. Neuberger Berman Group LLC acquired a new stake in shares of RH in the 2nd quarter valued at $206,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of RH in the 2nd quarter valued at $397,000. Finally, Marex Group plc acquired a new stake in shares of RH in the 2nd quarter valued at $231,000. Institutional investors own 90.17% of the company’s stock.

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.