RH (NYSE:RH - Get Free Report) CEO Gary Friedman sold 7,693 shares of RH stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $170.12, for a total value of $1,308,733.16. Following the transaction, the chief executive officer owned 3,274,575 shares in the company, valued at approximately $557,070,699. This represents a 0.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
RH Stock Down 0.6%
RH stock opened at $162.64 on Thursday. The firm has a market cap of $3.07 billion, a PE ratio of 31.40, a PEG ratio of 3.76 and a beta of 1.88. RH has a one year low of $106.30 and a one year high of $257.00. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. The firm's 50 day moving average price is $145.20 and its 200-day moving average price is $162.29.
RH (NYSE:RH - Get Free Report) last released its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, topping analysts' consensus estimates of ($2.12) by $0.15. The business had revenue of $800.33 million during the quarter, compared to analysts' expectations of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.The company's revenue was down 1.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.13 EPS. On average, equities research analysts anticipate that RH will post 4.27 EPS for the current year.
Key Stories Impacting RH
Here are the key news stories impacting RH this week:
- Positive Sentiment: Wall Street sentiment got a boost after an analyst reportedly turned less bearish on RH, adding to recent coverage that has included buy/overweight ratings and a median price target around the current trading range. Article Title
- Positive Sentiment: RH also continues to benefit from brand-building headlines, including a new global design collaboration with Mercedes-AMG Petronas Formula One, which could support customer interest and premium brand perception. Article Title
- Neutral Sentiment: Recent Q1 commentary was mixed but generally solid: RH beat earnings and revenue expectations, though revenue still declined year over year. That leaves investors focused on whether growth can reaccelerate. Article Title
- Negative Sentiment: CEO Gary Friedman’s multiple July sales, including a large block sale, are the clearest bearish overhang and may be weighing on RH shares today. Article Title
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Harvest Fund Management Co. Ltd purchased a new stake in RH in the 3rd quarter valued at about $30,000. Wilmington Savings Fund Society FSB increased its stake in RH by 200.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company's stock worth $31,000 after acquiring an additional 116 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of RH in the 3rd quarter valued at about $31,000. Modus Advisors LLC acquired a new stake in RH during the 4th quarter worth approximately $34,000. Finally, Geneos Wealth Management Inc. purchased a new stake in RH during the first quarter worth approximately $42,000. Hedge funds and other institutional investors own 90.17% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on RH. Guggenheim restated a "buy" rating and set a $200.00 price target on shares of RH in a report on Friday, June 12th. UBS Group reduced their price objective on RH from $160.00 to $155.00 and set a "neutral" rating for the company in a research note on Tuesday, June 9th. Barclays decreased their target price on shares of RH from $283.00 to $202.00 and set an "overweight" rating for the company in a research note on Thursday, April 2nd. Zacks Research raised shares of RH from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 16th. Finally, Wells Fargo & Company raised their price target on RH from $160.00 to $175.00 and gave the company an "overweight" rating in a report on Friday, June 12th. Seven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $171.71.
View Our Latest Research Report on RH
About RH
(
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.
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