RH (RH) Stock Closes down -7.22% on Tuesday’s Trading

RH (NYSE: RH) closed the day trading at $310.58 down -7.22% from the previous closing price of $334.75. In other words, the price has decreased by -$24.17 from its previous closing price. On the day, 1533877 shares were traded.

Ratios:

For a better understanding of RH, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 1.23.

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, Telsey Advisory Group on March 28, 2024, Reiterated its Market Perform rating but revised its target price to $335 from $285 previously.

On December 08, 2023, Telsey Advisory Group reiterated its Market Perform rating and also upped its target price recommendation from $325 to $285.

Telsey Advisory Group reiterated its Market Perform rating for the stock on December 05, 2023, while the target price for the stock was revised from $365 to $325.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 04 ’24 when Lee Edward T sold 2,624 shares for $264.50 per share. The transaction valued at 694,058 led to the insider holds 0 shares of the business.

Belling Keith sold 500 shares of RH for $152,783 on Dec 20 ’23. The Director now owns 5,423 shares after completing the transaction at $305.57 per share. On Dec 15 ’23, another insider, Preston Jack M, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 33,399 shares for $312.09 each. As a result, the insider received 10,423,497 and left with 1 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 5.69B and an Enterprise Value of 9.28B. As of this moment, RH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.65, and their Forward P/E ratio for the next fiscal year is 20.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 222.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.88. Its current Enterprise Value per Revenue stands at 3.06 whereas that against EBITDA is 17.73.

Stock Price History:

Over the past 52 weeks, RH has reached a high of $406.38, while it has fallen to a 52-week low of $207.26. The 50-Day Moving Average of the stock is 277.49, while the 200-Day Moving Average is calculated to be 294.31.

Shares Statistics:

Over the past 3-months, RH traded about 631.19K shares per day on average, while over the past 10 days, RH traded about 1.62M shares per day. A total of 18.32M shares are outstanding, with a floating share count of 14.86M. Insiders hold about 18.85% of the company’s shares, while institutions hold 90.02% stake in the company. Shares short for RH as of Mar 15, 2024 were 1.82M with a Short Ratio of 2.88, compared to 2.07M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.98% and a Short% of Float of 12.32%.

Earnings Estimates

Current recommendations for the stock of the company come from 18 analysts. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of $0.37 and a low estimate of -$0.41, while EPS last year was $2.21. The consensus estimate for the next quarter is $3.74, with high estimates of $4.86 and low estimates of $2.69.

Analysts are recommending an EPS of between $12.72 and $7.57 for the fiscal current year, implying an average EPS of $9.18. EPS for the following year is $14.98, with 19 analysts recommending between $21.68 and $10.93.

Revenue Estimates

16 analysts predict $723.12M in revenue for the current quarter. It ranges from a high estimate of $739M to a low estimate of $687.42M. As of the current estimate, RH’s year-ago sales were $726.57M, an estimated decrease of -0.50% from the year-ago figure.

A total of 20 analysts have provided revenue estimates for RH’s current fiscal year. The highest revenue estimate was $3.27B, while the lowest revenue estimate was $3.15B, resulting in an average revenue estimate of $3.23B. In the same quarter a year ago, actual revenue was $3.03B, up 6.70% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $3.55B in the next fiscal year. The high estimate is $3.74B and the low estimate is $3.42B. The average revenue growth estimate for next year is up 9.90% from the average revenue estimate for this year.

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