Stifel Nicolaus Has Lowered Expectations for RH (NYSE:RH) Stock Price

RH (NYSE:RH) had its price target lowered by equities research analysts at Stifel Nicolaus from $390.00 to $320.00 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 46.36% from the company’s previous close.

Several other brokerages also recently issued reports on RH. Barclays reduced their price target on shares of RH from $436.00 to $385.00 and set an “overweight” rating on the stock in a report on Friday. Telsey Advisory Group downgraded shares of RH from an “outperform” rating to a “hold” rating and set a $220.00 price target on the stock. in a report on Friday. Wells Fargo & Company upped their price target on shares of RH from $275.00 to $295.00 and gave the company an “overweight” rating in a report on Monday, September 8th. Wall Street Zen raised shares of RH from a “sell” rating to a “hold” rating in a research note on Thursday, May 22nd. Finally, UBS Group reduced their price objective on shares of RH from $235.00 to $215.00 and set a “neutral” rating on the stock in a research note on Thursday, June 5th. Nine investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $259.29.

RH Price Performance

Shares of NYSE RH opened at $218.64 on Friday. RH has a 12-month low of $123.03 and a 12-month high of $457.26. The company has a market capitalization of $4.09 billion, a PE ratio of 40.71, a price-to-earnings-growth ratio of 2.18 and a beta of 2.15. The firm’s 50-day moving average is $218.37 and its two-hundred day moving average is $208.14.

RH (NYSE:RH) last announced its quarterly earnings results on Thursday, September 11th. The company reported $2.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.22 by ($0.29). RH had a net margin of 3.20% and a negative return on equity of 92.81%. The business had revenue of $899.15 million during the quarter, compared to analysts’ expectations of $906.58 million. During the same period last year, the company earned $1.69 EPS. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts forecast that RH will post 4.39 EPS for the current fiscal year.

Hedge Funds Weigh In On RH

A number of large investors have recently bought and sold shares of the stock. Thrivent Financial for Lutherans raised its stake in RH by 84.6% during the second quarter. Thrivent Financial for Lutherans now owns 6,523 shares of the company’s stock worth $1,233,000 after purchasing an additional 2,990 shares during the period. Neuberger Berman Group LLC purchased a new position in RH during the second quarter worth approximately $206,000. Newbridge Financial Services Group Inc. purchased a new position in RH during the second quarter worth approximately $397,000. Marex Group plc purchased a new position in RH during the second quarter worth approximately $231,000. Finally, Hollencrest Capital Management raised its stake in RH by 18.2% during the second quarter. Hollencrest Capital Management now owns 650 shares of the company’s stock worth $123,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors 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.