RH (NYSE:RH) Price Target Raised to $155.00

RH (NYSE:RH) had its price objective raised by Telsey Advisory Group from $140.00 to $155.00 in a research note released on Friday morning, Marketbeat Ratings reports. Telsey Advisory Group currently has a market perform rating on the stock.

Other equities analysts have also recently issued research reports about the company. Guggenheim reissued a “buy” rating and issued a $200.00 price target on shares of RH in a research note on Friday, June 12th. Bank of America began coverage on RH in a report on Monday, August 3rd. They set an “underperform” rating and a $156.00 price objective for the company. Citigroup lifted their target price on shares of RH from $150.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Robert W. Baird decreased their price target on RH from $165.00 to $160.00 and set a “neutral” rating for the company in a research note on Friday. Finally, TD Cowen reiterated a “buy” rating on shares of RH in a research note on Tuesday, September 1st. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $165.57.

RH Price Performance

Shares of NYSE:RH opened at $133.91 on Friday. The company has a current ratio of 1.12, a quick ratio of 0.37 and a debt-to-equity ratio of 26.57. The firm’s 50 day moving average is $166.32 and its two-hundred day moving average is $149.81. The firm has a market capitalization of $2.53 billion, a P/E ratio of 23.83, a PEG ratio of 3.19 and a beta of 1.85. RH has a 52 week low of $106.30 and a 52 week high of $248.44.

RH (NYSE:RH) last posted its quarterly earnings data on Thursday, September 10th. The company reported $2.70 earnings per share for the quarter, topping the consensus estimate of $0.38 by $2.32. RH had a net margin of 3.23% and a return on equity of 132.79%. The business had revenue of $922.15 million during the quarter, compared to the consensus estimate of $915.09 million. During the same quarter in the prior year, the company posted $2.93 earnings per share. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. Analysts anticipate that RH will post 4.2 earnings per share for the current year.

Insider Activity at RH

In other news, Director Carlos Alberini acquired 11,388 shares of RH stock in a transaction that occurred on Monday, June 29th. The shares were acquired at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the purchase, the director directly owned 32,190 shares of the company’s stock, valued at $5,179,371. The trade was a 54.74% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary Friedman sold 48,238 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $158.66, for a total transaction of $7,653,441.08. Following the transaction, the chief executive officer owned 3,226,337 shares of the company’s stock, valued at approximately $511,890,628.42. This represents a 1.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 132,749 shares of company stock worth $21,856,812 in the last ninety days. Company insiders own 26.90% of the company’s stock.

Institutional Investors Weigh In On RH

Hedge funds have recently modified their holdings of the business. United Services Automobile Association bought a new position in shares of RH during the 1st quarter valued at about $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of RH by 6.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,622 shares of the company’s stock worth $9,053,000 after buying an additional 2,244 shares in the last quarter. Prudential Financial Inc. raised its position in RH by 24.4% in the 2nd quarter. Prudential Financial Inc. now owns 1,593 shares of the company’s stock valued at $301,000 after buying an additional 312 shares during the last quarter. Federated Hermes Inc. raised its position in RH by 30.1% in the 2nd quarter. Federated Hermes Inc. now owns 1,137 shares of the company’s stock valued at $215,000 after buying an additional 263 shares during the last quarter. Finally, California Public Employees Retirement System lifted its stake in RH by 9.5% in the 2nd quarter. California Public Employees Retirement System now owns 19,049 shares of the company’s stock valued at $3,600,000 after acquiring an additional 1,650 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH reported quarterly EPS of $2.70, well above the roughly $0.38–$0.42 analyst consensus. Revenue rose 2.6% year over year to approximately $922.2 million, broadly near estimates. A tariff refund helped lift profitability, while gross profit increased 8.7% to $444.9 million. RH Stock Rallies After Mixed Q2 Print
• Positive Sentiment: Management is positioning the new RH Estates collection and gallery format as a major long-term growth opportunity, saying it could potentially double the company’s addressable market. RH aims for Estates to represent half of its offering within five years. RH Estates: The Strategy Behind the Vision
• Positive Sentiment: Some analysts remain constructive: JPMorgan maintained an overweight rating with a $190 target, TD Cowen kept a buy rating at $190, and Guggenheim reaffirmed its buy rating with a $200 target. Analyst Forecast Revisions

RH Company Profile

RH, formerly known as Restoration Hardware, is a luxury home-furnishings company that offers products for residential and hospitality interiors. Its collections include furniture, lighting, textiles, rugs, bath and hardware, outdoor furnishings, and decorative accessories across a range of design categories.

The company sells through a network of RH Galleries, outlet locations, source books and its digital platforms. Its galleries are designed as immersive retail spaces that showcase coordinated room settings and related collections.