RH (NYSE:RH) Issues Earnings Results

RH (NYSE:RH) announced its quarterly earnings data on Thursday. The company reported ($1.97) earnings per share for the quarter, beating analysts’ consensus estimates of ($2.07) by $0.10, FiscalAI reports. RH had a negative return on equity of 567.82% and a net margin of 3.63%.The company had revenue of $800.33 million for the quarter, compared to analyst estimates of $792.55 million.

RH Stock Up 7.5%

RH stock traded up $11.13 during trading on Thursday, reaching $159.82. 1,561,591 shares of the company’s stock were exchanged, compared to its average volume of 1,143,460. The company’s 50-day moving average is $134.02 and its two-hundred day moving average is $162.81. The company has a debt-to-equity ratio of 51.28, a quick ratio of 0.31 and a current ratio of 1.19. RH has a 52-week low of $106.30 and a 52-week high of $257.00. The firm has a market cap of $3.02 billion, a price-to-earnings ratio of 25.33, a PEG ratio of 2.68 and a beta of 1.91.

Key RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: Prediction markets are assigning very high odds that RH will beat Q1 earnings, boosting optimism ahead of the report. Live: Will RH Crush Q1 Earnings After the Market Closes Tonight?
• Positive Sentiment: Investor-focused articles are revisiting RH as a potential buy, which can add to pre-earnings momentum. Is RH (RH) A Good Stock To Buy Now?
• Positive Sentiment: Sector commentary on home-furnishing stocks suggests the industry could outperform even with macroeconomic pressure, indirectly supporting RH sentiment. 3 Home Furnishing Stocks Poised to Thrive Against the Odds

Insiders Place Their Bets

In other RH news, insider Eri Chaya sold 11,000 shares of the company’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total value of $1,517,120.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders have sold 25,000 shares of company stock valued at $3,370,440. Corporate insiders own 26.90% of the company’s stock.

Hedge Funds Weigh In On RH

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Senvest Management LLC raised 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 valued at $150,948,000 after buying an additional 194,773 shares during the last quarter. Durable Capital Partners LP raised its holdings in shares of RH by 125.1% during the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after buying an additional 359,101 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of RH by 66.1% during the third quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock valued at $116,546,000 after buying an additional 228,229 shares during the last quarter. Two Sigma Investments LP raised its holdings in shares of RH by 40.9% during the third quarter. Two Sigma Investments LP now owns 359,093 shares of the company’s stock valued at $72,953,000 after buying an additional 104,154 shares during the last quarter. Finally, Morgan Stanley raised its holdings in shares of RH by 0.8% during the fourth quarter. Morgan Stanley now owns 353,996 shares of the company’s stock valued at $63,419,000 after buying an additional 2,658 shares during the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on RH shares. Zacks Research lowered RH from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 2nd. Weiss Ratings lowered RH from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, April 29th. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price target on shares of RH in a report on Monday, May 11th. BNP Paribas Exane dropped their price objective on RH from $130.00 to $96.00 and set a “strong sell” rating for the company in a report on Wednesday, April 1st. Finally, TD Cowen dropped their price objective on RH from $265.00 to $200.00 and set a “buy” rating for the company in a report on Monday, March 30th. Seven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, RH has a consensus rating of “Hold” and a consensus target price of $174.80.

About RH

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.