Key Points
- RH Director Carlos Alberini bought 11,388 shares for about $1.83 million at $160.90 apiece, increasing his direct stake by 54.74% to 32,190 shares. The purchase was disclosed in an SEC filing and may signal insider confidence.
- RH shares were trading around $164.20, near their 200-day moving average of $162.32, with the stock having ranged from $106.30 to $257.00 over the past year. The company’s market cap is about $3.10 billion.
- RH recently reported quarterly EPS of ($1.97), topping estimates, and revenue of $800.33 million, also ahead of expectations. Despite the beat, revenue was still down 1.7% year over year, and Wall Street currently has a consensus Hold rating on the stock.
RH (NYSE:RH - Get Free Report) Director Carlos Alberini bought 11,388 shares of the company's stock in a transaction on Monday, June 29th. The shares were acquired at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the acquisition, the director directly owned 32,190 shares in the company, valued at $5,179,371. This represents a 54.74% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
RH Stock Performance
Shares of RH opened at $164.20 on Thursday. RH has a 12-month low of $106.30 and a 12-month high of $257.00. The stock has a market cap of $3.10 billion, a P/E ratio of 31.70, a PEG ratio of 3.78 and a beta of 1.87. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96. The company has a 50-day moving average of $142.30 and a two-hundred day moving average of $162.32.
RH (NYSE:RH - Get Free Report) last released its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, beating the consensus estimate of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The business had revenue of $800.33 million for the quarter, compared to analyst estimates of $792.55 million. During the same period in the prior year, the business earned $0.13 earnings per share. The company's quarterly revenue was down 1.7% on a year-over-year basis. As a group, research analysts predict that RH will post 4.27 EPS for the current fiscal year.
Trending Headlines about RH
Here are the key news stories impacting RH this week:
- Positive Sentiment: Director Carlos Alberini bought 11,388 RH shares for about $1.83 million, boosting his holdings by more than 54%, which may signal insider confidence in RH’s outlook. SEC filing
- Neutral Sentiment: Recent media coverage highlighted RH’s London gallery opening and celebrity attendance, which may help brand visibility but is not a direct financial catalyst.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Senvest Management LLC boosted its holdings in shares of RH by 30.1% during the fourth quarter. Senvest Management LLC now owns 842,577 shares of the company's stock worth $150,948,000 after purchasing an additional 194,773 shares during the last quarter. Durable Capital Partners LP increased its stake in RH by 125.1% in the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company's stock valued at $122,119,000 after purchasing an additional 359,101 shares during the last quarter. Alliancebernstein L.P. lifted its position in RH by 66.1% during the third quarter. Alliancebernstein L.P. now owns 573,666 shares of the company's stock worth $116,546,000 after buying an additional 228,229 shares during the period. Two Sigma Investments LP lifted its position in RH by 40.9% during the third quarter. Two Sigma Investments LP now owns 359,093 shares of the company's stock worth $72,953,000 after buying an additional 104,154 shares during the period. Finally, Morgan Stanley boosted its stake in RH by 0.8% in the 4th quarter. Morgan Stanley now owns 353,996 shares of the company's stock worth $63,419,000 after buying an additional 2,658 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company's stock.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on RH shares. UBS Group cut their price target on RH from $160.00 to $155.00 and set a "neutral" rating for the company in a report on Tuesday, June 9th. TD Cowen decreased their price objective on RH from $265.00 to $200.00 and set a "buy" rating on the stock in a research note on Monday, March 30th. Robert W. Baird lifted their price objective on RH from $125.00 to $150.00 and gave the stock a "neutral" rating in a research report on Friday, June 12th. Wells Fargo & Company boosted their target price on shares of RH from $160.00 to $175.00 and gave the company an "overweight" rating in a research note on Friday, June 12th. Finally, Zacks Research upgraded shares of RH from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 16th. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $172.53.
Get Our Latest Stock Report on RH
RH Company Profile
(
Get Free Report)
RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH's product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.
Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.
Further Reading
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