RH (NYSE:RH) Short Interest Down 12.9% in January

RH (NYSE:RHGet Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 3,244,277 shares, a decrease of 12.9% from the January 15th total of 3,726,174 shares. Based on an average daily volume of 929,830 shares, the short-interest ratio is currently 3.5 days. Currently, 23.7% of the company’s stock are short sold. Currently, 23.7% of the company’s stock are short sold. Based on an average daily volume of 929,830 shares, the short-interest ratio is currently 3.5 days.

RH Trading Up 5.1%

RH opened at $205.15 on Tuesday. The stock has a market capitalization of $3.85 billion, a PE ratio of 37.03, a P/E/G ratio of 0.86 and a beta of 2.11. The firm’s fifty day moving average price is $197.51 and its 200 day moving average price is $196.17. The company has a debt-to-equity ratio of 944.39, a current ratio of 1.19 and a quick ratio of 0.26. RH has a 12-month low of $123.03 and a 12-month high of $389.25.

RH (NYSE:RHGet Free Report) last announced its quarterly earnings data on Thursday, December 11th. The company reported $1.71 earnings per share for the quarter, missing the consensus estimate of $2.13 by ($0.42). The company had revenue of $883.81 million for the quarter, compared to analyst estimates of $883.65 million. RH had a negative return on equity of 161.72% and a net margin of 3.22%.RH’s revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the business earned $2.48 earnings per share. As a group, research analysts expect that RH will post 4.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Morgan Stanley upped their price target on RH from $250.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Jefferies Financial Group reissued a “hold” rating on shares of RH in a research report on Tuesday, January 27th. Zacks Research downgraded shares of RH from a “hold” rating to a “strong sell” rating in a research note on Tuesday, December 30th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of RH in a research note on Wednesday, December 24th. Finally, Telsey Advisory Group cut their price objective on shares of RH from $220.00 to $185.00 and set a “market perform” rating on the stock in a report on Friday, December 12th. Eight investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $231.19.

Read Our Latest Stock Report on RH

Insider Transactions at RH

In other RH news, Director Mark S. Demilio sold 2,254 shares of the business’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $220.00, for a total transaction of $495,880.00. Following the transaction, the director owned 19,962 shares in the company, valued at $4,391,640. The trade was a 10.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders sold 5,154 shares of company stock valued at $1,100,148. 27.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in RH. Arizona State Retirement System raised its position in shares of RH by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 4,434 shares of the company’s stock valued at $901,000 after acquiring an additional 62 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in RH by 12.0% in the second quarter. Steward Partners Investment Advisory LLC now owns 605 shares of the company’s stock worth $114,000 after purchasing an additional 65 shares during the period. Davidson Kahn Capital Management LLC increased its stake in RH by 0.5% during the third quarter. Davidson Kahn Capital Management LLC now owns 12,437 shares of the company’s stock valued at $2,531,000 after purchasing an additional 65 shares during the last quarter. Huntington National Bank increased its stake in RH by 87.8% during the third quarter. Huntington National Bank now owns 139 shares of the company’s stock valued at $28,000 after purchasing an additional 65 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of RH by 45.0% during the fourth quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock worth $44,000 after purchasing an additional 77 shares during the period. Institutional investors and hedge funds own 90.17% of the company’s stock.

About RH

(Get Free Report)

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.

Further Reading

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