RH (NYSE:RH – Get Free Report) has been assigned a consensus rating of “Hold” from the twenty research firms that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $259.6875.
Several equities research analysts recently issued reports on RH shares. TD Cowen raised their target price on shares of RH from $235.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Weiss Ratings reiterated a “hold (c-)” rating on shares of RH in a report on Wednesday, October 8th. Zacks Research cut shares of RH from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 16th. Wells Fargo & Company increased their target price on RH from $275.00 to $295.00 and gave the stock an “overweight” rating in a research report on Monday, September 8th. Finally, Barclays reduced their target price on RH from $436.00 to $385.00 and set an “overweight” rating on the stock in a report on Friday, September 12th.
Read Our Latest Stock Report on RH
RH Stock Performance
RH (NYSE:RH – Get Free Report) last released its earnings results on Thursday, September 11th. The company reported $2.93 earnings per share for the quarter, missing the consensus estimate of $3.22 by ($0.29). RH had a negative return on equity of 113.58% and a net margin of 3.20%.The business had revenue of $899.15 million for the quarter, compared to analysts’ expectations of $906.58 million. During the same quarter last year, the company posted $1.69 earnings per share. The business’s quarterly revenue was up 8.4% compared to the same quarter last year. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts forecast that RH will post 4.39 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $236.13, for a total value of $472,260.00. Following the transaction, the director owned 24,616 shares of the company’s stock, valued at approximately $5,812,576.08. This trade represents a 7.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 27.00% of the stock is currently owned by company insiders.
Institutional Trading of RH
Several large investors have recently added to or reduced their stakes in RH. Advisory Services Network LLC acquired a new position in shares of RH during the third quarter worth about $31,000. Keystone Financial Group boosted its holdings in RH by 26.4% in the 3rd quarter. Keystone Financial Group now owns 9,810 shares of the company’s stock worth $1,993,000 after acquiring an additional 2,046 shares during the period. Jacobs Levy Equity Management Inc. grew its position in RH by 13.2% in the third quarter. Jacobs Levy Equity Management Inc. now owns 12,982 shares of the company’s stock valued at $2,637,000 after acquiring an additional 1,509 shares in the last quarter. Armistice Capital LLC grew its position in RH by 306.8% in the third quarter. Armistice Capital LLC now owns 90,685 shares of the company’s stock valued at $18,424,000 after acquiring an additional 68,393 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its position in shares of RH by 6.7% during the third quarter. CANADA LIFE ASSURANCE Co now owns 11,507 shares of the company’s stock worth $2,279,000 after purchasing an additional 727 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.
About RH
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.
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