RH (NYSE:RH) Rating Reiterated by Telsey Advisory Group

RH (NYSE:RH)‘s stock had its “market perform” rating reaffirmed by stock analysts at Telsey Advisory Group in a note issued to investors on Tuesday, Benzinga reports. They presently have a $290.00 price target on the stock. Telsey Advisory Group’s price objective would indicate a potential upside of 17.26% from the company’s current price. Telsey Advisory Group also issued estimates for RH’s Q2 2025 earnings at $1.54 EPS and FY2026 earnings at $12.80 EPS.

Several other analysts have also issued reports on RH. Bank of America lowered their price target on shares of RH from $325.00 to $310.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. Stifel Nicolaus initiated coverage on RH in a report on Tuesday, July 9th. They issued a “buy” rating and a $315.00 price target for the company. BNP Paribas upgraded RH to a “hold” rating in a research note on Friday, June 14th. Robert W. Baird cut their target price on RH from $300.00 to $275.00 and set a “neutral” rating for the company in a research note on Friday, June 14th. Finally, Wells Fargo & Company decreased their price target on RH from $350.00 to $325.00 and set an “overweight” rating on the stock in a research report on Friday, September 6th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $294.25.

RH Stock Performance

NYSE RH opened at $247.31 on Tuesday. The company has a market capitalization of $4.56 billion, a PE ratio of 68.51, a price-to-earnings-growth ratio of 1.07 and a beta of 2.42. RH has a 52-week low of $207.26 and a 52-week high of $354.86. The company has a 50-day simple moving average of $261.59 and a 200 day simple moving average of $265.91.

RH (NYSE:RH) last posted its quarterly earnings results on Thursday, June 13th. The company reported ($0.40) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.32). RH had a negative return on equity of 29.15% and a net margin of 2.72%. The company had revenue of $726.96 million during the quarter, compared to the consensus estimate of $725.15 million. During the same period last year, the firm posted $2.21 EPS. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. As a group, analysts forecast that RH will post 7.4 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Gary G. Friedman purchased 34,200 shares of the stock in a transaction on Tuesday, June 25th. The shares were acquired at an average price of $215.00 per share, for a total transaction of $7,353,000.00. Following the completion of the transaction, the chief executive officer now directly owns 3,339,263 shares of the company’s stock, valued at approximately $717,941,545. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 28.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On RH

A number of hedge funds have recently made changes to their positions in the business. Anomaly Capital Management LP boosted its holdings in RH by 503.6% during the 2nd quarter. Anomaly Capital Management LP now owns 349,227 shares of the company’s stock valued at $85,365,000 after acquiring an additional 291,368 shares during the period. Norges Bank purchased a new stake in shares of RH during the fourth quarter valued at approximately $38,736,000. Granahan Investment Management LLC bought a new position in shares of RH in the fourth quarter worth approximately $24,915,000. Marshall Wace LLP grew its holdings in shares of RH by 58.6% in the second quarter. Marshall Wace LLP now owns 174,324 shares of the company’s stock worth $42,612,000 after purchasing an additional 64,423 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of RH by 10.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 665,383 shares of the company’s stock worth $231,728,000 after buying an additional 62,198 shares during the period. 90.17% of the stock is currently owned by institutional investors.

About RH

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.