RH (NYSE:RH) Receives $171.71 Average Price Target from Analysts

RH (NYSE:RHGet Free Report) has earned an average rating of “Hold” from the twenty brokerages that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $171.7143.

A number of analysts recently weighed in on RH shares. Barclays lowered their price target on shares of RH from $283.00 to $202.00 and set an “overweight” rating for the company in a report on Thursday, April 2nd. The Goldman Sachs Group upgraded RH from a “sell” rating to a “neutral” rating and increased their price objective for the company from $86.00 to $155.00 in a research report on Wednesday, July 8th. Zacks Research raised RH from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Wall Street Zen downgraded RH from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Finally, Guggenheim restated a “buy” rating and set a $200.00 target price on shares of RH in a research report on Friday, June 12th.

Check Out Our Latest Stock Analysis on RH

Insider Buying and Selling

In other news, CEO Gary G. Friedman sold 48,238 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $158.66, for a total value of $7,653,441.08. Following the transaction, the chief executive officer owned 3,226,337 shares of the company’s stock, valued at approximately $511,890,628.42. This trade represents a 1.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Carlos Alberini purchased 11,388 shares of the stock in a transaction dated Monday, June 29th. The shares were acquired at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the transaction, the director owned 32,190 shares in the company, valued at $5,179,371. This trade represents a 54.74% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold a total of 132,749 shares of company stock worth $21,856,812 over the last three months. 26.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On RH

Institutional investors and hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC boosted its stake in RH by 45.0% in the fourth quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock valued at $44,000 after acquiring an additional 77 shares during the last quarter. Public Employees Retirement System of Ohio raised its position 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 valued at $1,041,000 after acquiring an additional 81 shares during the last quarter. CWM LLC raised its position in shares of RH by 22.7% during the 4th quarter. CWM LLC now owns 492 shares of the company’s stock valued at $88,000 after acquiring an additional 91 shares during the last quarter. US Bancorp DE lifted its stake in shares of RH by 30.8% in the 3rd quarter. US Bancorp DE now owns 416 shares of the company’s stock valued at $85,000 after purchasing an additional 98 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its stake in shares of RH by 3.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 3,170 shares of the company’s stock valued at $443,000 after purchasing an additional 100 shares during the period. 90.17% of the stock is owned by institutional investors.

Key Headlines Impacting RH

Here are the key news stories impacting RH this week:

  • Positive Sentiment: RH’s most recent quarterly results modestly exceeded expectations, with revenue of $800.3 million versus an $792.6 million consensus estimate and a loss of $1.97 per share versus an expected loss of $2.12. This offers limited support for the shares, although the results were released in June rather than during the current news window.
  • Neutral Sentiment: The report on Capitol Meridian’s investment in RH Aero Systems does not concern Restoration Hardware Holdings and should not be interpreted as news for RH. Capitol Meridian to invest in aviation services firm RH Aero Systems
  • Neutral Sentiment: Red Hill Minerals’ royalty and exploration update relates to Red Hill Iron Limited (ASX: RHI), not RH. Red Hill Minerals Lifts Royalty Income and Expands Exploration Portfolio
  • Negative Sentiment: RH’s latest reported revenue declined 1.7% year over year, while the company posted a quarterly loss. Those results remain a fundamental overhang, particularly given RH’s premium valuation and elevated leverage, despite the earnings beat.

RH Stock Down 0.3%

Shares of NYSE:RH opened at $177.06 on Monday. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96. The firm has a market cap of $3.35 billion, a P/E ratio of 34.18, a P/E/G ratio of 4.08 and a beta of 1.88. RH has a 12 month low of $106.30 and a 12 month high of $257.00. The company’s 50-day moving average price is $159.54 and its two-hundred day moving average price is $161.05.

RH (NYSE:RHGet Free Report) last announced its earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share 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 previous year, the firm posted $0.13 earnings per share. The company’s revenue was down 1.7% on a year-over-year basis. As a group, research analysts forecast that RH will post 4.27 EPS for the current fiscal year.

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

Analyst Recommendations for RH (NYSE:RH)

Receive News & Ratings for RH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RH and related companies with MarketBeat.com's FREE daily email newsletter.