RH (NYSE:RH) Receives Buy Rating from Guggenheim

Guggenheim reiterated their buy rating on shares of RH (NYSE:RH) in a research report released on Friday,Benzinga reports. Guggenheim currently has a $300.00 target price on the stock.

Other equities analysts also recently issued research reports about the company. Citigroup raised their price target on RH from $200.00 to $233.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Barclays dropped their price target on RH from $436.00 to $385.00 and set an “overweight” rating for the company in a research report on Friday. The Goldman Sachs Group downgraded RH from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $199.00 to $179.00 in a research report on Tuesday, June 24th. Wells Fargo & Company raised their price target on RH from $275.00 to $295.00 and gave the stock an “overweight” rating in a research report on Monday, September 8th. Finally, UBS Group decreased their price objective on RH from $235.00 to $215.00 and set a “neutral” rating on the stock in a report on Thursday, June 5th. Nine analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $259.29.

RH Price Performance

NYSE RH opened at $218.64 on Friday. The business has a 50 day moving average price of $218.37 and a 200 day moving average price of $209.15. The company has a market capitalization of $4.09 billion, a P/E ratio of 40.71, a PEG ratio of 2.18 and a beta of 2.15. RH has a 1-year low of $123.03 and a 1-year high of $457.26.

RH (NYSE:RH) last released its quarterly earnings results on Thursday, September 11th. The company reported $2.93 earnings per share for the quarter, missing the consensus estimate of $3.22 by ($0.29). The company had revenue of $899.15 million for the quarter, compared to analysts’ expectations of $906.58 million. RH had a negative return on equity of 92.81% and a net margin of 3.20%.The business’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts expect that RH will post 4.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RH. Cambridge Investment Research Advisors Inc. increased its stake in RH by 146.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 3,986 shares of the company’s stock worth $934,000 after acquiring an additional 2,371 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of RH by 607.9% during the 4th quarter. Deutsche Bank AG now owns 9,464 shares of the company’s stock worth $3,725,000 after purchasing an additional 8,127 shares during the period. Wellington Management Group LLP grew its holdings in shares of RH by 14.0% during the 4th quarter. Wellington Management Group LLP now owns 44,880 shares of the company’s stock worth $17,664,000 after purchasing an additional 5,506 shares during the period. Cetera Investment Advisers grew its holdings in shares of RH by 81.7% during the 4th quarter. Cetera Investment Advisers now owns 3,856 shares of the company’s stock worth $1,518,000 after purchasing an additional 1,734 shares during the period. Finally, Trexquant Investment LP purchased a new stake in shares of RH during the 1st quarter worth about $9,575,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

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.