RH (NYSE:RH) Stock Price Up 4.1% – Still a Buy?

Shares of RH (NYSE:RH) traded up 4.1% during trading on Wednesday . The stock traded as high as $146.65 and last traded at $147.0590. 258,091 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 1,043,558 shares. The stock had previously closed at $141.30.

Analyst Ratings Changes

A number of research firms have recently weighed in on RH. KeyCorp reissued a “sector weight” rating on shares of RH in a research report on Friday, June 12th. JPMorgan Chase & Co. dropped their price objective on RH from $225.00 to $212.00 and set an “overweight” rating on the stock in a research note on Monday, August 17th. Guggenheim reissued a “buy” rating and set a $200.00 price objective on shares of RH in a report on Friday, June 12th. Citigroup boosted their target price on RH from $150.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Finally, Bank of America began coverage on RH in a research report on Monday, August 3rd. They set an “underperform” rating and a $156.00 price target on the stock. Seven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $173.36.

RH Trading Up 3.2%

The stock has a market cap of $2.76 billion, a PE ratio of 28.10, a P/E/G ratio of 3.41 and a beta of 1.87. The firm has a 50-day simple moving average of $169.30 and a 200-day simple moving average of $155.28. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96.

RH (NYSE:RH) last announced its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, beating the consensus estimate of ($2.12) by $0.15. RH had a return on equity of 423.79% and a net margin of 3.01%.The company had revenue of $800.33 million during the quarter, compared to analysts’ expectations of $792.55 million. During the same period in the previous year, the business earned $0.13 earnings per share. The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. Equities analysts forecast that RH will post 4.2 earnings per share for the current year.

Insider Buying and Selling at RH

In other news, CEO Gary G. Friedman sold 69,069 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $169.48, for a total value of $11,705,814.12. Following the completion of the transaction, the chief executive officer directly owned 3,282,268 shares in the company, valued at approximately $556,278,780.64. This trade represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Carlos Alberini bought 11,388 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The shares were purchased at an average cost of $160.90 per share, for a total transaction of $1,832,329.20. Following the acquisition, the director directly owned 32,190 shares in the company, valued at $5,179,371. This trade represents a 54.74% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold 132,749 shares of company stock valued at $21,856,812 in the last quarter. 26.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in RH. Harvest Fund Management Co. Ltd purchased a new stake in shares of RH in the third quarter worth $30,000. Wilmington Savings Fund Society FSB increased its stake in RH by 200.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after acquiring an additional 116 shares during the last quarter. Advisory Services Network LLC bought a new position in RH in the 3rd quarter worth about $31,000. Modus Advisors LLC purchased a new stake in shares of RH in the 4th quarter valued at about $34,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of RH in the 1st quarter valued at about $42,000. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

RH Company Profile

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.