RH (NYSE:RH) Issues Earnings Results, Beats Expectations By $0.69 EPS

RH (NYSE:RH) released its quarterly earnings data on Tuesday. The company reported $4.89 earnings per share for the quarter, topping the Zacks’ consensus estimate of $4.20 by $0.69, Briefing.com reports. RH had a net margin of 9.54% and a return on equity of 207.69%. The company had revenue of $860.79 million during the quarter, compared to analyst estimates of $757.74 million. During the same period in the prior year, the firm earned $1.27 earnings per share. The firm’s revenue for the quarter was up 82.0% compared to the same quarter last year.

RH stock traded up $96.48 during mid-day trading on Thursday, hitting $707.81. The company had a trading volume of 116,700 shares, compared to its average volume of 499,801. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.87 and a quick ratio of 0.28. RH has a 12-month low of $226.82 and a 12-month high of $733.05. The firm’s fifty day moving average is $639.71. The stock has a market cap of $14.86 billion, a P/E ratio of 74.11, a price-to-earnings-growth ratio of 1.98 and a beta of 2.50.

A number of analysts recently weighed in on RH shares. Loop Capital upped their price objective on shares of RH from $600.00 to $800.00 and gave the stock a “buy” rating in a research note on Monday, May 10th. They noted that the move was a valuation call. William Blair reaffirmed an “outperform” rating on shares of RH in a research note on Tuesday, April 27th. Citigroup boosted their target price on shares of RH from $634.00 to $770.00 and gave the stock a “buy” rating in a report on Thursday. Telsey Advisory Group boosted their target price on shares of RH from $600.00 to $675.00 and gave the stock an “outperform” rating in a report on Monday. Finally, Wells Fargo & Company upped their price objective on shares of RH from $700.00 to $725.00 and gave the company an “overweight” rating in a report on Thursday. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $644.53.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com.

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Earnings History for RH (NYSE:RH)

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