RH’s (RH) “Underperform” Rating Reiterated at BNP Paribas Exane

BNP Paribas Exane restated their underperform rating on shares of RH (NYSE:RH) in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a $81.00 price target on the stock, down from their previous price target of $90.00.

RH has been the topic of a number of other reports. The Goldman Sachs Group raised RH from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $86.00 to $155.00 in a report on Wednesday, July 8th. Wells Fargo & Company cut their price objective on shares of RH from $225.00 to $175.00 and set an “overweight” rating for the company in a report on Friday. Zacks Research raised shares of RH from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 16th. Weiss Ratings restated a “sell (d)” rating on shares of RH in a research report on Friday, July 24th. Finally, Guggenheim restated a “buy” rating and set a $200.00 target price on shares of RH in a research report on Friday. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $165.57.

RH Price Performance

NYSE:RH opened at $133.91 on Friday. The company has a quick ratio of 0.37, a current ratio of 1.12 and a debt-to-equity ratio of 26.57. The business’s 50-day simple moving average is $166.32 and its two-hundred day simple moving average is $149.81. The stock has a market cap of $2.53 billion, a PE ratio of 23.83, a P/E/G ratio of 3.19 and a beta of 1.85. RH has a 52 week low of $106.30 and a 52 week high of $248.44.

RH (NYSE:RH) last announced its quarterly earnings data on Thursday, September 10th. The company reported $2.70 EPS for the quarter, beating the consensus estimate of $0.38 by $2.32. RH had a return on equity of 132.79% and a net margin of 3.23%.The business had revenue of $922.15 million for the quarter, compared to the consensus estimate of $915.09 million. During the same period in the previous year, the business earned $2.93 earnings per share. The business’s revenue was up 2.6% on a year-over-year basis. As a group, analysts forecast that RH will post 4.2 EPS for the current fiscal year.

Insider Buying and Selling

In other RH news, Director Mark S. Demilio sold 2,445 shares of the stock in a transaction on Friday, July 10th. The shares were sold at an average price of $168.44, for a total transaction of $411,835.80. Following the completion of the transaction, the director owned 25,680 shares in the company, valued at $4,325,539.20. This trade represents a 8.69% 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, Director Carlos Alberini acquired 11,388 shares of the company’s stock in a transaction on Monday, June 29th. The stock was acquired at an average cost of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the purchase, the director directly owned 32,190 shares in the company, valued at approximately $5,179,371. This represents a 54.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have sold 132,749 shares of company stock worth $21,856,812. Insiders own 26.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Sequoia Financial Advisors LLC grew its position in RH by 7.0% in the second quarter. Sequoia Financial Advisors LLC now owns 14,800 shares of the company’s stock worth $2,438,000 after acquiring an additional 967 shares in the last quarter. Engineers Gate Manager LP increased its stake in RH by 63.8% during the second quarter. Engineers Gate Manager LP now owns 19,337 shares of the company’s stock worth $3,185,000 after acquiring an additional 7,531 shares during the last quarter. Allworth Financial LP raised its position in RH by 80.4% during the second quarter. Allworth Financial LP now owns 516 shares of the company’s stock valued at $85,000 after purchasing an additional 230 shares during the period. Nykredit A S purchased a new stake in RH during the second quarter valued at approximately $123,000. Finally, Corient Private Wealth LP lifted its stake in shares of RH by 54.2% in the 2nd quarter. Corient Private Wealth LP now owns 2,835 shares of the company’s stock valued at $467,000 after purchasing an additional 997 shares during the last quarter. Institutional investors own 90.17% of the company’s stock.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH reported quarterly EPS of $2.70, well above the roughly $0.38–$0.42 analyst consensus. Revenue rose 2.6% year over year to approximately $922.2 million, broadly near estimates. A tariff refund helped lift profitability, while gross profit increased 8.7% to $444.9 million. RH Stock Rallies After Mixed Q2 Print
• Positive Sentiment: Management is positioning the new RH Estates collection and gallery format as a major long-term growth opportunity, saying it could potentially double the company’s addressable market. RH aims for Estates to represent half of its offering within five years. RH Estates: The Strategy Behind the Vision
• Positive Sentiment: Some analysts remain constructive: JPMorgan maintained an overweight rating with a $190 target, TD Cowen kept a buy rating at $190, and Guggenheim reaffirmed its buy rating with a $200 target. Analyst Forecast Revisions

RH Company Profile

RH, formerly known as Restoration Hardware, is a luxury home-furnishings company that offers products for residential and hospitality interiors. Its collections include furniture, lighting, textiles, rugs, bath and hardware, outdoor furnishings, and decorative accessories across a range of design categories.

The company sells through a network of RH Galleries, outlet locations, source books and its digital platforms. Its galleries are designed as immersive retail spaces that showcase coordinated room settings and related collections.