RH (RH) to Release Quarterly Earnings on Wednesday

RH (NYSE:RH) is anticipated to release its earnings data before the market opens on Wednesday, March 26th. Analysts expect RH to post earnings of $1.90 per share and revenue of $828.21 million for the quarter.

RH Price Performance

Shares of RH stock opened at $258.52 on Tuesday. The stock has a market cap of $4.81 billion, a PE ratio of 74.29, a price-to-earnings-growth ratio of 2.65 and a beta of 2.50. The stock has a 50-day moving average of $350.53 and a 200-day moving average of $352.39. RH has a one year low of $212.04 and a one year high of $457.26.

Insiders Place Their Bets

In other news, insider Eri Chaya sold 25,000 shares of the stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $450.45, for a total transaction of $11,261,250.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Edward T. Lee sold 600 shares of the firm’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $446.73, for a total value of $268,038.00. The disclosure for this sale can be found here. Insiders sold a total of 66,380 shares of company stock valued at $28,922,379 in the last quarter. 28.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on RH shares. Morgan Stanley raised shares of RH from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $435.00 to $530.00 in a research note on Monday, January 13th. Loop Capital upped their price objective on shares of RH from $320.00 to $450.00 and gave the company a “hold” rating in a research report on Monday, December 16th. Telsey Advisory Group reduced their target price on RH from $500.00 to $420.00 and set an “outperform” rating on the stock in a report on Monday. UBS Group lowered their price target on RH from $440.00 to $250.00 and set a “neutral” rating for the company in a report on Friday. Finally, Wedbush reiterated an “outperform” rating and set a $500.00 price objective on shares of RH in a report on Tuesday, February 18th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, RH currently has an average rating of “Moderate Buy” and a consensus target price of $412.56.

RH Company Profile

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.