$5.46 Earnings Per Share Expected for RH (NYSE:RH) This Quarter

Brokerages expect RH (NYSE:RHGet Rating) to post $5.46 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for RH’s earnings, with estimates ranging from $5.19 to $5.71. RH posted earnings per share of $4.89 during the same quarter last year, which indicates a positive year over year growth rate of 11.7%. The company is expected to report its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that RH will report full year earnings of $26.48 per share for the current year, with EPS estimates ranging from $24.50 to $27.85. For the next fiscal year, analysts anticipate that the company will report earnings of $28.47 per share, with EPS estimates ranging from $25.00 to $32.46. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover RH.

RH (NYSE:RHGet Rating) last posted its quarterly earnings data on Tuesday, March 29th. The company reported $5.66 earnings per share for the quarter, topping analysts’ consensus estimates of $5.59 by $0.07. The company had revenue of $902.74 million during the quarter, compared to analysts’ expectations of $931.50 million. RH had a net margin of 18.32% and a return on equity of 85.67%. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $5.07 earnings per share.

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group upgraded shares of RH from a “hold” rating to a “buy” rating and reduced their target price for the company from $634.00 to $560.00 in a research report on Wednesday, March 30th. The Goldman Sachs Group dropped their price objective on shares of RH from $539.00 to $466.00 and set a “neutral” rating for the company in a report on Thursday, March 31st. StockNews.com started coverage on shares of RH in a report on Thursday, March 31st. They issued a “hold” rating for the company. UBS Group dropped their price objective on shares of RH from $550.00 to $470.00 and set a “neutral” rating for the company in a report on Wednesday, March 30th. Finally, Barclays lowered their target price on shares of RH from $723.00 to $528.00 and set an “overweight” rating for the company in a research note on Wednesday, March 30th. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $587.72.

NYSE:RH opened at $268.60 on Monday. The company has a fifty day moving average of $331.55 and a two-hundred day moving average of $434.24. The stock has a market capitalization of $5.83 billion, a PE ratio of 12.17, a P/E/G ratio of 0.92 and a beta of 2.19. The company has a debt-to-equity ratio of 2.36, a quick ratio of 2.22 and a current ratio of 2.91. RH has a fifty-two week low of $258.02 and a fifty-two week high of $744.56.

In other news, CFO Jack M. Preston sold 2,222 shares of the company’s stock in a transaction dated Tuesday, April 19th. The shares were sold at an average price of $350.00, for a total transaction of $777,700.00. Following the completion of the transaction, the chief financial officer now owns 5,622 shares of the company’s stock, valued at approximately $1,967,700. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Eri Chaya sold 17,150 shares of the firm’s stock in a transaction that occurred on Thursday, March 31st. The stock was sold at an average price of $326.27, for a total transaction of $5,595,530.50. Following the completion of the sale, the insider now directly owns 73,643 shares in the company, valued at $24,027,501.61. The disclosure for this sale can be found here. In the last quarter, insiders have sold 449,608 shares of company stock worth $144,996,637. 33.00% of the stock is owned by insiders.

A number of large investors have recently bought and sold shares of the business. Morgan Stanley increased its stake in RH by 48.8% during the second quarter. Morgan Stanley now owns 87,906 shares of the company’s stock worth $59,688,000 after acquiring an additional 28,841 shares during the last quarter. US Bancorp DE raised its holdings in RH by 8.0% in the third quarter. US Bancorp DE now owns 632 shares of the company’s stock valued at $422,000 after buying an additional 47 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in RH by 77.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,299 shares of the company’s stock valued at $866,000 after buying an additional 566 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in RH during the third quarter valued at approximately $3,803,000. Finally, B. Riley Wealth Management Inc. acquired a new stake in shares of RH in the third quarter worth $212,000. 96.27% of the stock is currently owned by institutional investors.

RH Company Profile (Get Rating)

RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com.

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Earnings History and Estimates for RH (NYSE:RH)

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