RH (NYSE:RH) Stock Price Down 5.4% – Time to Sell?

Shares of RH (NYSE:RH) dropped 5.4% during trading on Friday . The company traded as low as $149.00 and last traded at $149.7620. Approximately 566,312 shares were traded during trading, a decline of 54% from the average daily volume of 1,241,457 shares. The stock had previously closed at $158.32.

Wall Street Analysts Forecast Growth

RH has been the topic of several recent analyst reports. Citigroup upped their target price on shares of RH from $200.00 to $233.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Stifel Nicolaus decreased their price target on RH from $390.00 to $320.00 and set a “buy” rating on the stock in a research note on Friday, September 12th. Zacks Research downgraded RH from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 16th. Wells Fargo & Company lifted their price objective on RH from $275.00 to $295.00 and gave the stock an “overweight” rating in a report on Monday, September 8th. Finally, Cowen reiterated a “buy” rating on shares of RH in a research report on Friday, September 12th. Ten equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, RH presently has a consensus rating of “Hold” and a consensus target price of $259.69.

RH Stock Down 5.8%

The firm has a market capitalization of $2.80 billion, a P/E ratio of 27.76, a PEG ratio of 0.71 and a beta of 2.21. The business’s 50 day moving average is $192.81 and its two-hundred day moving average is $200.10.

RH (NYSE:RH) last released its quarterly earnings results on Thursday, September 11th. The company reported $2.93 EPS for the quarter, missing analysts’ consensus estimates of $3.22 by ($0.29). The company 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%.The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.69 earnings per share. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts anticipate that RH will post 4.39 earnings per share for the current fiscal year.

Insider Activity at RH

In related news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $236.13, for a total transaction of $472,260.00. Following the completion of the transaction, the director owned 24,616 shares of the company’s stock, valued at $5,812,576.08. This trade represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 27.00% of the company’s stock.

Institutional Investors Weigh In On RH

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Ridgewood Investments LLC lifted its stake in RH by 19.8% in the 2nd quarter. Ridgewood Investments LLC now owns 303 shares of the company’s stock worth $57,000 after acquiring an additional 50 shares in the last quarter. Farther Finance Advisors LLC grew its stake in RH by 67.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 151 shares of the company’s stock valued at $29,000 after acquiring an additional 61 shares in the last quarter. Arizona State Retirement System increased its holdings in shares of RH by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 4,434 shares of the company’s stock valued at $901,000 after purchasing an additional 62 shares during the period. UMB Bank n.a. lifted its position in shares of RH by 53.8% in the second quarter. UMB Bank n.a. now owns 180 shares of the company’s stock worth $34,000 after purchasing an additional 63 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of RH by 12.0% in the second quarter. Steward Partners Investment Advisory LLC now owns 605 shares of the company’s stock worth $114,000 after purchasing an additional 65 shares in the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

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.