RH (NYSE:RH) Issues Quarterly Earnings Results

RH (NYSE:RH) issued its earnings results on Thursday. The company reported ($1.97) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.07) by $0.10, FiscalAI reports. The business had revenue of $800.33 million during the quarter, compared to analysts’ expectations of $792.55 million. RH had a negative return on equity of 567.82% and a net margin of 3.63%.

RH Stock Performance

Shares of RH stock traded up $11.13 during trading on Thursday, hitting $159.82. The company’s stock had a trading volume of 1,699,544 shares, compared to its average volume of 1,146,212. The business has a fifty day moving average of $134.02 and a 200-day moving average of $162.81. The company has a current ratio of 1.19, a quick ratio of 0.31 and a debt-to-equity ratio of 51.28. RH has a 52 week low of $106.30 and a 52 week high of $257.00. The company has a market cap of $3.02 billion, a PE ratio of 25.33, a P/E/G ratio of 2.68 and a beta of 1.91.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Prediction markets are assigning very high odds that RH will beat Q1 earnings, boosting optimism ahead of the report. Live: Will RH Crush Q1 Earnings After the Market Closes Tonight?
• Positive Sentiment: Investor-focused articles are revisiting RH as a potential buy, which can add to pre-earnings momentum. Is RH (RH) A Good Stock To Buy Now?
• Positive Sentiment: Sector commentary on home-furnishing stocks suggests the industry could outperform even with macroeconomic pressure, indirectly supporting RH sentiment. 3 Home Furnishing Stocks Poised to Thrive Against the Odds

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on RH shares. Zacks Research cut RH from a “hold” rating to a “strong sell” rating in a report on Thursday, April 2nd. Wall Street Zen downgraded shares of RH from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Barclays lowered their price objective on shares of RH from $283.00 to $202.00 and set an “overweight” rating for the company in a research report on Thursday, April 2nd. Telsey Advisory Group lowered their price objective on shares of RH from $165.00 to $140.00 and set a “market perform” rating for the company in a research report on Wednesday, April 1st. Finally, Wells Fargo & Company lowered their price target on shares of RH from $180.00 to $160.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $174.80.

Insider Activity

In other RH news, insider Eri Chaya sold 11,000 shares of the firm’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total value of $1,517,120.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders have sold 25,000 shares of company stock worth $3,370,440. Company insiders own 26.90% of the company’s stock.

Hedge Funds Weigh In On RH

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Durable Capital Partners LP grew its position in shares of RH by 125.1% during the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after acquiring an additional 359,101 shares during the period. Jacobs Levy Equity Management Inc. raised its position in shares of RH by 1,797.7% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 246,355 shares of the company’s stock valued at $44,134,000 after purchasing an additional 233,373 shares during the period. Alliancebernstein L.P. raised its position in shares of RH by 66.1% during the 3rd quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock valued at $116,546,000 after purchasing an additional 228,229 shares during the period. Alyeska Investment Group L.P. raised its position in shares of RH by 200.5% during the 3rd quarter. Alyeska Investment Group L.P. now owns 297,694 shares of the company’s stock valued at $60,480,000 after purchasing an additional 198,615 shares during the period. Finally, Senvest Management LLC raised its position in shares of RH by 30.1% during the 4th quarter. Senvest Management LLC now owns 842,577 shares of the company’s stock valued at $150,948,000 after purchasing an additional 194,773 shares during the period. Hedge funds and other 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.