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As of close of business last night, RH’s stock clocked out at $245.63, down -2.40% from its previous closing price of $251.68. In other words, the price has decreased by -$2.40 from its previous closing price. On the day, 0.62 million shares were traded. RH stock price reached its highest trading level at $253.6 during the session, while it also had its lowest trading level at $240.27.
Ratios:
To gain a deeper understanding of RH’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.28 and its Current Ratio is at 1.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stifel on July 09, 2024, initiated with a Buy rating and assigned the stock a target price of $315.
On June 06, 2024, Telsey Advisory Group reiterated its Market Perform rating and also upped its target price recommendation from $335 to $320.
Telsey Advisory Group reiterated its Market Perform rating for the stock on March 28, 2024, while the target price for the stock was revised from $285 to $335.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 25 ’24 when FRIEDMAN GARY G bought 34,200 shares for $215.00 per share. The transaction valued at 7,353,041 led to the insider holds 3,339,263 shares of the business.
FRIEDMAN GARY G bought 12,074 shares of RH for $2,646,937 on Jun 26 ’24. The CHAIRMAN & CEO now owns 3,351,337 shares after completing the transaction at $219.23 per share. On May 06 ’24, another insider, Chaya Eri, who serves as the insider of the company, sold 100,000 shares for $279.92 each. As a result, the insider received 27,991,922 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RH now has a Market Capitalization of 4530694656 and an Enterprise Value of 8228820480. As of this moment, RH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 67.86, and their Forward P/E ratio for the next fiscal year is 18.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.50. Its current Enterprise Value per Revenue stands at 2.728 whereas that against EBITDA is 17.819.
Stock Price History:
Over the past 52 weeks, RH has reached a high of $388.48, while it has fallen to a 52-week low of $207.26. The 50-Day Moving Average of the stock is -5.37%, while the 200-Day Moving Average is calculated to be -8.60%.
Shares Statistics:
It appears that RH traded 764.38K shares on average per day over the past three months and 586120 shares per day over the past ten days. A total of 18.32M shares are outstanding, with a floating share count of 14.96M. Insiders hold about 18.89% of the company’s shares, while institutions hold 90.18% stake in the company. Shares short for RH as of 1723680000 were 2045017 with a Short Ratio of 2.68, compared to 1721001600 on 2110422. Therefore, it implies a Short% of Shares Outstanding of 2045017 and a Short% of Float of 26.200000000000003.
