RH (NYSE:RH – Get Free Report) had its price objective upped by research analysts at Wells Fargo & Company from $175.00 to $225.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential upside of 22.44% from the stock’s previous close.
A number of other equities analysts also recently weighed in on the stock. Guggenheim restated a “buy” rating and set a $200.00 target price on shares of RH in a report on Friday, June 12th. Robert W. Baird boosted their price target on RH from $125.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, June 12th. Weiss Ratings reissued a “sell (d)” rating on shares of RH in a report on Friday, July 24th. The Goldman Sachs Group raised RH from a “sell” rating to a “neutral” rating and raised their price target for the company from $86.00 to $155.00 in a report on Wednesday, July 8th. Finally, Citigroup upped their price objective on shares of RH from $150.00 to $166.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, RH currently has a consensus rating of “Hold” and an average price target of $174.29.
Check Out Our Latest Stock Analysis on RH
RH Stock Down 6.3%
RH (NYSE:RH – Get Free Report) last posted its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, topping analysts’ consensus estimates of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The company had revenue of $800.33 million during the quarter, compared to the consensus estimate of $792.55 million. During the same period in the prior year, the business posted $0.13 EPS. The company’s quarterly revenue was down 1.7% on a year-over-year basis. Research analysts anticipate that RH will post 4.85 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, CEO Gary G. Friedman sold 69,069 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $169.48, for a total transaction of $11,705,814.12. Following the completion of the sale, the chief executive officer owned 3,282,268 shares of the company’s stock, valued at $556,278,780.64. This represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Mark S. Demilio sold 3,102 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $144.00, for a total transaction of $446,688.00. Following the completion of the transaction, the director directly owned 25,830 shares in the company, valued at approximately $3,719,520. This represents a 10.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 132,749 shares of company stock worth $21,856,812 in the last 90 days. Company insiders own 26.90% of the company’s stock.
Institutional Investors Weigh In On RH
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Citizens Financial Group Inc. RI bought a new position in shares of RH in the 2nd quarter valued at $503,000. B & T Capital Management DBA Alpha Capital Management boosted its stake in RH by 6.9% in the second quarter. B & T Capital Management DBA Alpha Capital Management now owns 20,163 shares of the company’s stock valued at $3,321,000 after buying an additional 1,299 shares in the last quarter. BlackRock Inc. grew its position in RH by 41.7% in the second quarter. BlackRock Inc. now owns 1,978,271 shares of the company’s stock valued at $325,881,000 after acquiring an additional 581,710 shares during the last quarter. Deutsche Bank AG grew its position in RH by 526.0% in the second quarter. Deutsche Bank AG now owns 19,019 shares of the company’s stock valued at $3,133,000 after acquiring an additional 15,981 shares during the last quarter. Finally, Capital Financial Group Inc. Co. ADV raised its stake in RH by 5.3% during the second quarter. Capital Financial Group Inc. Co. ADV now owns 2,300 shares of the company’s stock worth $379,000 after acquiring an additional 115 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors.
Trending Headlines about RH
Here are the key news stories impacting RH this week:
- Positive Sentiment: RH’s latest quarterly results modestly exceeded expectations: revenue was $800.3 million versus the $792.6 million consensus, while the loss of $1.97 per share was narrower than the expected $2.12 loss.
- Neutral Sentiment: RH shares opened at $183.76, above both their 50-day moving average of $165.87 and 200-day moving average of $158.74, indicating a relatively strong technical position despite the recent bearish commentary.
- Negative Sentiment: The latest quarter showed weakening underlying performance: revenue declined 1.7% year over year and the company swung to a loss from $0.13 per share in the prior-year period. RH also carries substantial leverage, with a debt-to-equity ratio of 54.96, while its P/E ratio of 35.47 leaves less room for execution disappointments.
- Negative Sentiment: A recent commentary piece explicitly presented “3 reasons to sell RH,” reinforcing concerns about valuation, operating momentum and the risk-reward balance. 3 reasons to sell RH and 1 stock to buy instead
About RH
RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.
Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.
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