RH (RH) to Release Quarterly Earnings on Wednesday

RH (NYSE:RH) will likely be releasing 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 Stock Performance

Shares of NYSE RH opened at $221.30 on Wednesday. RH has a fifty-two week low of $212.04 and a fifty-two week high of $457.26. The firm has a market capitalization of $4.12 billion, a PE ratio of 63.59, a price-to-earnings-growth ratio of 2.65 and a beta of 2.50. The stock’s 50-day simple moving average is $364.18 and its 200-day simple moving average is $352.64.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on RH. StockNews.com lowered RH from a “hold” rating to a “sell” rating in a research report on Wednesday. Stifel Nicolaus raised their target price on RH from $420.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Wedbush reissued an “outperform” rating and set a $500.00 target price on shares of RH in a research report on Tuesday, February 18th. Loop Capital raised their target price on RH from $320.00 to $450.00 and gave the stock a “hold” rating in a research report on Monday, December 16th. Finally, Guggenheim lifted their price target on RH from $425.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, RH has an average rating of “Moderate Buy” and a consensus target price of $423.27.

Insider Buying and Selling at RH

In related news, Director Keith Belling sold 500 shares of RH stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $417.85, for a total value of $208,925.00. Following the sale, the director now directly owns 4,970 shares in the company, valued at $2,076,714.50. The trade was a 9.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Eri Chaya sold 10,000 shares of RH stock in a transaction on Monday, January 6th. The stock was sold at an average price of $416.27, for a total value of $4,162,700.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 66,380 shares of company stock worth $28,922,379. 28.10% of the stock is currently owned by insiders.

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.