RH (NYSE:RH) Stock Price Up 9% – Here’s What Happened

RH (NYSE:RH) rose 9% on Wednesday . The company traded as high as $157.57 and last traded at $154.5650. 198,871 shares traded hands during trading, a decline of 83% from the average session volume of 1,136,557 shares. The stock had previously closed at $141.74.

Analyst Upgrades and Downgrades

RH has been the subject of several research reports. Zacks Research raised RH from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 16th. The Goldman Sachs Group lowered their price objective on RH from $101.00 to $88.00 and set a “sell” rating on the stock in a research report on Tuesday, April 7th. Wall Street Zen downgraded RH from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. Guggenheim reissued a “buy” rating and set a $200.00 target price on shares of RH in a report on Friday, June 12th. Finally, Robert W. Baird boosted their target price on shares of RH from $125.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, June 12th. Seven 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. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $172.53.

RH Stock Up 2.4%

The firm has a market cap of $3.03 billion, a price-to-earnings ratio of 30.93, a P/E/G ratio of 3.20 and a beta of 1.91. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. The stock has a 50-day moving average of $140.13 and a 200-day moving average of $162.14.

RH (NYSE:RH) 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. The firm had revenue of $800.33 million for the quarter, compared to analyst estimates of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.The company’s revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the company earned $0.13 EPS. Sell-side analysts predict that RH will post 4.79 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Mark S. Demilio sold 3,102 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $144.00, for a total value of $446,688.00. Following the completion of the transaction, the director owned 25,830 shares of the company’s stock, valued at $3,719,520. The trade was a 10.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Eri Chaya sold 11,000 shares of the company’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $137.92, for a total transaction of $1,517,120.00. The SEC filing for this sale provides additional information. Insiders sold 16,304 shares of company stock worth $2,294,108 in the last 90 days. 26.90% of the stock is owned by company insiders.

Institutional Trading of RH

Institutional investors and hedge funds have recently made changes to their positions in the company. Huntington National Bank boosted its holdings in shares of RH by 87.8% in the 3rd quarter. Huntington National Bank now owns 139 shares of the company’s stock valued at $28,000 after purchasing an additional 65 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of RH by 45.0% during the 4th quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock worth $44,000 after buying an additional 77 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of RH by 1.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 5,122 shares of the company’s stock worth $1,041,000 after buying an additional 81 shares in the last quarter. CWM LLC lifted its position in shares of RH by 22.7% during the 4th quarter. CWM LLC now owns 492 shares of the company’s stock worth $88,000 after buying an additional 91 shares during the last quarter. Finally, US Bancorp DE boosted its stake in RH by 30.8% in the third quarter. US Bancorp DE now owns 416 shares of the company’s stock valued at $85,000 after buying an additional 98 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

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.