RH (NYSE:RH) Insider Stefan Duban Sells 4,285 Shares

RH (NYSE:RH) insider Stefan Duban sold 4,285 shares of the firm’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $346.37, for a total value of $1,484,195.45. Following the transaction, the insider now owns 78 shares in the company, valued at approximately $27,016.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

RH Stock Performance

NYSE RH traded down $4.55 during trading on Friday, hitting $344.38. The stock had a trading volume of 955,857 shares, compared to its average volume of 750,557. RH has a 12 month low of $207.26 and a 12 month high of $354.86. The company’s 50-day moving average price is $272.03 and its two-hundred day moving average price is $268.65. The company has a market capitalization of $6.35 billion, a PE ratio of 95.40, a P/E/G ratio of 1.70 and a beta of 2.42.

RH (NYSE:RH) last announced its quarterly earnings data on Thursday, September 12th. The company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.13. RH had a net margin of 1.13% and a negative return on equity of 11.29%. The business had revenue of $829.66 million for the quarter, compared to analyst estimates of $824.52 million. During the same quarter in the previous year, the firm posted $3.93 earnings per share. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. As a group, equities analysts anticipate that RH will post 6.2 earnings per share for the current fiscal year.

Hedge Funds Weigh In On RH

Large investors have recently modified their holdings of the business. Sanctuary Advisors LLC bought a new stake in shares of RH during the 2nd quarter worth approximately $601,000. Creative Planning lifted its stake in RH by 4.2% in the second quarter. Creative Planning now owns 2,426 shares of the company’s stock valued at $593,000 after acquiring an additional 97 shares during the last quarter. Smith Thornton Advisors LLC bought a new position in shares of RH in the 2nd quarter valued at about $283,000. BlackBarn Capital Partners LP raised its holdings in shares of RH by 156.8% in the 2nd quarter. BlackBarn Capital Partners LP now owns 43,655 shares of the company’s stock valued at $10,671,000 after purchasing an additional 26,655 shares during the period. Finally, Point72 DIFC Ltd acquired a new stake in RH in the 2nd quarter valued at about $1,289,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on RH. Robert W. Baird increased their price target on shares of RH from $275.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, September 13th. Wells Fargo & Company lifted their price target on shares of RH from $325.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. JPMorgan Chase & Co. lowered their price objective on shares of RH from $345.00 to $338.00 and set an “overweight” rating for the company in a research report on Monday. The Goldman Sachs Group dropped their price objective on RH from $264.00 to $226.00 and set a “sell” rating on the stock in a research note on Monday, June 17th. Finally, Barclays decreased their target price on RH from $340.00 to $320.00 and set an “equal weight” rating for the company in a research note on Monday. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $322.54.

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.