Should I buy or sell Richelieu Hardware stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Richelieu Hardware in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RCH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RCH, but not buy additional shares or sell existing shares. View RCH analyst ratings or view top-rated stocks .

What is Richelieu Hardware's stock price target for 2024?

2 Wall Street analysts have issued 1-year price targets for Richelieu Hardware's shares. Their RCH share price targets range from C$45.00 to C$45.50. On average, they anticipate the company's stock price to reach C$45.25 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View analysts price targets for RCH or view top-rated stocks among Wall Street analysts .

How have RCH shares performed in 2024?

Richelieu Hardware's stock was trading at C$47.98 at the beginning of the year. Since then, RCH stock has decreased by 17.4% and is now trading at C$39.63. View the best growth stocks for 2024 here .

When is Richelieu Hardware's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 4th 2024. View our RCH earnings forecast .

How were Richelieu Hardware's earnings last quarter?

Richelieu Hardware Ltd. (TSE:RCH) posted its earnings results on Thursday, July, 6th. The company reported $0.30 EPS for the quarter, hitting the consensus estimate of $0.30. The business had revenue of $243.27 million for the quarter, compared to the consensus estimate of $232.60 million. Richelieu Hardware had a net margin of 6.24% and a trailing twelve-month return on equity of 13.18%.

How often does Richelieu Hardware pay dividends? What is the dividend yield for Richelieu Hardware?

Richelieu Hardware declared a quarterly dividend on Monday, April 15th. Shareholders of record on Thursday, April 25th will be given a dividend of 0.15 per share on Thursday, May 9th. This represents a $0.60 annualized dividend and a yield of 1.51%. The ex-dividend date is Wednesday, April 24th. Read our dividend analysis for RCH .

Is Richelieu Hardware a good dividend stock?

Richelieu Hardware (TSE:RCH) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 1.40%. The dividend payout ratio is 30.30%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for RCH .

What other stocks do shareholders of Richelieu Hardware own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Richelieu Hardware investors own include Alimentation Couche-Tard (ATD.B) , Royal Bank of Canada (RY) , Dollarama (DOL) , National Bank of Canada (NA) , TELUS (T) , Toronto-Dominion Bank (TD) , Bank of Montreal (BMO) , Canadian National Railway (CNR) , Manulife Financial (MFC) and Metro (MRU) .

How do I buy shares of Richelieu Hardware?

Shares of RCH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:RCH

Richelieu Hardware (RCH) Stock Price, News & Analysis

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Free RCH Stock Alerts

C$39.63

-0.15 (-0.38%)

(As of 04/19/2024 ET)

Compare

Today's Range: C$39.39
▼
C$39.82
50-Day Range: C$39.36
▼
C$44.88
52-Week Range: C$38.58
▼
C$48.27

Volume: 49,305 shs
Average Volume: 48,818 shs
Market Capitalization: C$2.22 billion

P/E Ratio: 20.02
Dividend Yield: 1.51%
Price Target: C$45.25

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Richelieu Hardware alerts:

Richelieu Hardware MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 14.2% Upside
C$45.25 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.46
Based on 7 Articles This Week
Insider Trading: Selling Shares
C$175,098 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.78 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
Richelieu Hardware has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Richelieu Hardware has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RCH.

1.7

Dividend Strength

Dividend Yield
Richelieu Hardware pays a meaningful dividend of 1.40%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Richelieu Hardware does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Richelieu Hardware is 30.30%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RCH.

1.4

News and Social Media Coverage

News Sentiment
Richelieu Hardware has a news sentiment score of -0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.35 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Richelieu Hardware this week, compared to 1 article on an average week.
MarketBeat Follows
1 people have added Richelieu Hardware to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Richelieu Hardware insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$175,098.00 in company stock.
Percentage Held by Insiders
Only 7.56% of the stock of Richelieu Hardware is held by insiders.
Percentage Held by Institutions
56.95% of the stock of Richelieu Hardware is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Richelieu Hardware is 20.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Richelieu Hardware is 20.02, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 340.98.
Price to Earnings Growth Ratio
Richelieu Hardware has a PEG Ratio of 0.77. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Richelieu Hardware has a P/B Ratio of 2.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Richelieu Hardware Stock (TSE:RCH)

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company's principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories. It manufactures veneer sheets and edge banding products; various decorative moldings and components for the window and door industry; and custom products. The company serves kitchen and bathroom cabinet, storage and closet, home furnishing, and office furniture manufacturers; door and window manufacturers; residential and commercial woodworkers; and hardware retailers, such as renovation superstores. Richelieu Hardware Ltd. was founded in 1968 and is headquartered in Montreal, Canada.

RCH Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RCH Stock News Headlines

April 15, 2024 | americanbankingnews.com

National Bank Financial Weighs in on Richelieu Hardware Ltd.'s Q2 2024 Earnings (TSE:RCH)

April 14, 2024 | americanbankingnews.com

Richelieu Hardware (TSE:RCH) PT Lowered to C$45.00

April 20, 2024 | Crypto Swap Profits (Ad)

Did You Get Your Free Bitcoin Yet?

April 12, 2024 | finance.yahoo.com

Richelieu reports on shareholders' voting results for the election of directors

April 12, 2024 | msn.com

TSX Today: What to Watch for in Stocks on Friday, April 12

April 11, 2024 | finance.yahoo.com

FIRST QUARTER RESULTS AND CONTINUED EXPANSION FOR RICHELIEU

April 10, 2024 | americanbankingnews.com

Richelieu Hardware (TSE:RCH) Shares Pass Below Two Hundred Day Moving Average of $43.26

April 9, 2024 | finance.yahoo.com

Richelieu to release its Q1 2024 results on Thursday, April 11, 2024

April 20, 2024 | Crypto Swap Profits (Ad)

Did You Get Your Free Bitcoin Yet?

April 5, 2024 | seekingalpha.com

RHUHF Richelieu Hardware Ltd.

April 4, 2024 | seekingalpha.com

Richelieu Hardware: Normalization After A Strong 2022

March 27, 2024 | seekingalpha.com

RCH:CA Richelieu Hardware Ltd.

March 18, 2024 | uk.news.yahoo.com

Playful pine martens have fun on man's backyard swing set

March 18, 2024 | finance.yahoo.com

Calculating The Fair Value Of Richelieu Hardware Ltd. (TSE:RCH)

February 8, 2024 | wsj.com

Richelieu Hardware Ltd.

January 19, 2024 | markets.businessinsider.com

Canadian Market Swinging Between Gains And Losses

January 19, 2024 | msn.com

TSX futures point to subdued open as gold climbs

January 18, 2024 | finance.yahoo.com

RICHELIEU RECORDED SOLID RESULTS FOR THE FOURTH QUARTER OF 2023

December 19, 2023 | markets.businessinsider.com

TSX Posts Fresh 52-week Intraday, Closing Highs

December 15, 2023 | markets.businessinsider.com

TSX Ends Sharply Lower

November 25, 2023 | morningstar.com

Richelieu Hardware Ltd RCH

November 11, 2023 | uk.finance.yahoo.com

Richelieu Hardware Ltd. (3R2.F)

October 17, 2023 | finance.yahoo.com

Richelieu Hardware Ltd's Dividend Analysis

October 13, 2023 | finance.yahoo.com

Richelieu Hardware Ltd. (TSE:RCH) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

October 8, 2023 | finance.yahoo.com

Estimating The Fair Value Of Richelieu Hardware Ltd. (TSE:RCH)

August 29, 2023 | theglobeandmail.com

Closing Bell: Richelieu Hardware Ltd up on Monday (RCH)

August 25, 2023 | finance.yahoo.com

Richelieu Hardware (TSE:RCH) shareholders have earned a 7.2% CAGR over the last five years

See More Headlines

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Company Calendar

Last Earnings: 7/06/2017
Ex-Dividend for 2/15 Dividend: 1/31/2024
Dividend Payable: 2/15/2024
Today: 4/19/2024
Ex-Dividend for 5/9 Dividend: 4/24/2024
Dividend Payable: 5/09/2024
Next Earnings (Estimated): 7/04/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Cyclical
Industry: Furnishings, Fixtures & Appliances
Sub-Industry: N/A
Current Symbol: TSE:RCH
CUSIP: N/A
CIK: N/A
Web: www.richelieu.com
Phone: +1-514-3364144
Fax: N/A
Employees: 3,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$45.25
High Stock Price Target: C$45.50
Low Stock Price Target: C$45.00
Potential Upside/Downside: +14.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.98
Trailing P/E Ratio: 20.05
Forward P/E Ratio: 21.11
P/E Growth: 0.77
Net Income: C$111.47 million
Net Margins: 6.24%
Pretax Margin: N/A
Return on Equity: 13.18%
Return on Assets: 8.15%

Debt

Debt-to-Equity Ratio: 23.05
Current Ratio: 3.62
Quick Ratio: 0.72

Sales & Book Value

Annual Sales: C$1.79 billion
Price / Sales: 1.24
Cash Flow: C$1.13 per share
Price / Cash Flow: 35.00
Book Value: C$16.13 per share
Price / Book: 2.46

Miscellaneous

Outstanding Shares: 56,120,000
Free Float: N/A
Market Cap: C$2.23 billion
Optionable: Not Optionable
Beta: 0.94

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Key Executives

Mr. Richard Lord
CEO, President & Executive Director
Mr. Antoine Auclair C.A.
VP & CFO
Mr. Georges C. Forest
Founder
Mr. Yannick Godeau
Head of Legal Affairs & Corporate Secretary
Ms. Marjolaine Plante
Vice President of Human Resources
Guy Grenier
VP of Sales and Marketing Industrial
Denis Gagnon
VP of Information Technologies
Craig Ratchford
VP of General Manager, U.S.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

RCH Stock Analysis - Frequently Asked Questions

Should I buy or sell Richelieu Hardware stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Richelieu Hardware in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RCH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RCH, but not buy additional shares or sell existing shares.
View RCH analyst ratings or view top-rated stocks.
What is Richelieu Hardware's stock price target for 2024?: 2 Wall Street analysts have issued 1-year price targets for Richelieu Hardware's shares. Their RCH share price targets range from C$45.00 to C$45.50. On average, they anticipate the company's stock price to reach C$45.25 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price.
View analysts price targets for RCH or view top-rated stocks among Wall Street analysts.
How have RCH shares performed in 2024?: Richelieu Hardware's stock was trading at C$47.98 at the beginning of the year. Since then, RCH stock has decreased by 17.4% and is now trading at C$39.63.
View the best growth stocks for 2024 here.
When is Richelieu Hardware's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, July 4th 2024.
View our RCH earnings forecast.
How were Richelieu Hardware's earnings last quarter?: Richelieu Hardware Ltd. (TSE:RCH) posted its earnings results on Thursday, July, 6th. The company reported $0.30 EPS for the quarter, hitting the consensus estimate of $0.30. The business had revenue of $243.27 million for the quarter, compared to the consensus estimate of $232.60 million. Richelieu Hardware had a net margin of 6.24% and a trailing twelve-month return on equity of 13.18%.

How often does Richelieu Hardware pay dividends? What is the dividend yield for Richelieu Hardware?: Richelieu Hardware declared a quarterly dividend on Monday, April 15th. Shareholders of record on Thursday, April 25th will be given a dividend of 0.15 per share on Thursday, May 9th. This represents a $0.60 annualized dividend and a yield of 1.51%. The ex-dividend date is Wednesday, April 24th.
Read our dividend analysis for RCH.
Is Richelieu Hardware a good dividend stock?: Richelieu Hardware (TSE:RCH) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 1.40%. The dividend payout ratio is 30.30%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for RCH.
What other stocks do shareholders of Richelieu Hardware own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Richelieu Hardware investors own include Alimentation Couche-Tard (ATD.B), Royal Bank of Canada (RY), Dollarama (DOL), National Bank of Canada (NA), TELUS (T), Toronto-Dominion Bank (TD), Bank of Montreal (BMO), Canadian National Railway (CNR), Manulife Financial (MFC) and Metro (MRU).
How do I buy shares of Richelieu Hardware?: Shares of RCH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:RCH) was last updated on 4/20/2024 by MarketBeat.com Staff

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Richelieu Hardware (RCH) Stock Price, News & Analysis

Richelieu Hardware MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Richelieu Hardware Stock (TSE:RCH)

RCH Stock Price History

RCH Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

RCH Stock Analysis - Frequently Asked Questions

Overall MarketRank^™