RH (NYSE:RH) Given Consensus Recommendation of “Hold” by Analysts

RH (NYSE:RH) has received an average rating of “Hold” from the sixteen brokerages that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $278.44.

Several analysts recently commented on the stock. JPMorgan Chase & Co. cut their target price on shares of RH from $510.00 to $250.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. Stifel Nicolaus reduced their price objective on RH from $450.00 to $390.00 and set a “buy” rating for the company in a research note on Monday, April 7th. The Goldman Sachs Group set a $276.00 target price on RH in a research report on Thursday, April 3rd. Wells Fargo & Company reduced their target price on RH from $375.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday, April 3rd. Finally, Loop Capital dropped their price target on RH from $450.00 to $190.00 and set a “hold” rating on the stock in a research note on Friday, April 4th.

RH Price Performance

Shares of NYSE:RH opened at $196.71 on Friday. The stock’s 50 day moving average price is $215.40 and its 200 day moving average price is $323.54. The stock has a market cap of $3.68 billion, a price-to-earnings ratio of 56.53, a PEG ratio of 2.65 and a beta of 2.44. RH has a 12 month low of $123.03 and a 12 month high of $457.26.

RH (NYSE:RH) last announced its quarterly earnings data on Wednesday, April 2nd. The company reported $1.58 earnings per share for the quarter, missing the consensus estimate of $1.91 by ($0.33). The firm had revenue of $812.41 million during the quarter, compared to analyst estimates of $828.21 million. RH had a net margin of 2.25% and a negative return on equity of 35.72%. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.72 EPS. On average, sell-side analysts expect that RH will post 4.39 EPS for the current year.

Institutional Trading of RH

Institutional investors have recently bought and sold shares of the company. LPL Financial LLC raised its stake in shares of RH by 61.3% during the 4th quarter. LPL Financial LLC now owns 9,141 shares of the company’s stock worth $3,598,000 after purchasing an additional 3,473 shares in the last quarter. Sterling Capital Management LLC raised its position in RH by 49.7% during the fourth quarter. Sterling Capital Management LLC now owns 762 shares of the company’s stock valued at $300,000 after acquiring an additional 253 shares in the last quarter. Victory Capital Management Inc. lifted its stake in RH by 0.9% in the fourth quarter. Victory Capital Management Inc. now owns 50,684 shares of the company’s stock valued at $19,949,000 after acquiring an additional 445 shares during the last quarter. L.M. Kohn & Company bought a new stake in RH in the fourth quarter worth approximately $289,000. Finally, Pictet Asset Management Holding SA increased its stake in shares of RH by 16.2% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,257 shares of the company’s stock worth $888,000 after purchasing an additional 314 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

RH Company Profile

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.