RH (NYSE:RH) Trading 8.8% Higher – Here’s What Happened

RH (NYSE:RH)’s stock price traded up 8.8% on Friday . The stock traded as high as $141.36 and last traded at $140.9030. 306,927 shares were traded during trading, a decline of 76% from the average session volume of 1,271,092 shares. The stock had previously closed at $129.49.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on RH. Wells Fargo & Company lowered their price target on RH from $225.00 to $180.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Morgan Stanley cut their price target on RH from $275.00 to $240.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Barclays decreased their price objective on shares of RH from $283.00 to $202.00 and set an “overweight” rating on the stock in a report on Thursday, April 2nd. Zacks Research cut shares of RH from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 2nd. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of RH in a research note on Monday, March 23rd. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $176.47.

RH Trading Up 8.7%

The company has a debt-to-equity ratio of 51.28, a quick ratio of 0.31 and a current ratio of 1.19. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of 22.28, a P/E/G ratio of 1.77 and a beta of 2.10. The business has a 50 day moving average of $153.56 and a two-hundred day moving average of $172.73.

RH (NYSE:RH) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $1.53 EPS for the quarter, missing the consensus estimate of $2.21 by ($0.68). The business had revenue of $842.62 million for the quarter, compared to analysts’ expectations of $873.48 million. RH had a negative return on equity of 567.82% and a net margin of 3.63%.The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.58 EPS. Equities analysts predict that RH will post 4.39 EPS for the current year.

Insider Activity

In other news, insider Eri Chaya sold 11,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $137.92, for a total value of $1,517,120.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders sold 25,000 shares of company stock valued at $3,370,440. 27.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On RH

Institutional investors have recently added to or reduced their stakes in the company. Integrated Financial Solutions Inc. lifted its holdings in shares of RH by 133.3% during the 4th quarter. Integrated Financial Solutions Inc. now owns 15,375 shares of the company’s stock valued at $2,754,000 after buying an additional 8,785 shares during the period. Dynamic Technology Lab Private Ltd grew its holdings in shares of RH by 481.1% in the third quarter. Dynamic Technology Lab Private Ltd now owns 10,169 shares of the company’s stock worth $2,066,000 after acquiring an additional 8,419 shares during the period. Greatmark Investment Partners Inc. increased its position in RH by 8.6% during the third quarter. Greatmark Investment Partners Inc. now owns 81,015 shares of the company’s stock valued at $16,459,000 after acquiring an additional 6,412 shares during the last quarter. Barclays PLC increased its position in RH by 93.6% during the third quarter. Barclays PLC now owns 146,247 shares of the company’s stock valued at $29,712,000 after acquiring an additional 70,702 shares during the last quarter. Finally, Westfield Capital Management Co. LP bought a new position in RH in the third quarter valued at about $67,632,000. Institutional investors own 90.17% of the company’s stock.

About RH

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.