Somewhat Favorable News Coverage Somewhat Unlikely to Affect RH (RH) Share Price

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News stories about RH (NYSE:RH) have trended somewhat positive on Friday, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. RH earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.2163780930425 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

RH has been the topic of a number of recent research reports. UBS raised RH from a “market perform” rating to an “outperform” rating in a research report on Wednesday, March 14th. Zacks Investment Research raised RH from a “hold” rating to a “strong-buy” rating and set a $120.00 price target on the stock in a research report on Friday, December 8th. Loop Capital upgraded RH from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research note on Thursday, January 11th. Telsey Advisory Group reduced their target price on RH from $118.00 to $100.00 and set a “market perform” rating for the company in a research note on Wednesday, March 28th. Finally, Deutsche Bank reduced their price target on RH from $140.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, March 28th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $87.05.

NYSE:RH traded down $2.30 on Friday, hitting $88.89. The stock had a trading volume of 1,495,116 shares, compared to its average volume of 1,127,653. The firm has a market cap of $1,890.41, a P/E ratio of 29.14, a PEG ratio of 0.70 and a beta of 1.73. RH has a 52 week low of $41.52 and a 52 week high of $109.53. The company has a debt-to-equity ratio of -148.64, a quick ratio of 0.23 and a current ratio of 1.24.

RH (NYSE:RH) last issued its quarterly earnings results on Tuesday, March 27th. The company reported $1.69 EPS for the quarter, beating the Zacks’ consensus estimate of $1.56 by $0.13. RH had a return on equity of 65.66% and a net margin of 0.09%. The company had revenue of $670.00 million during the quarter, compared to the consensus estimate of $672.39 million. During the same period last year, the business posted $0.68 earnings per share. RH’s revenue was up 14.2% on a year-over-year basis. equities analysts forecast that RH will post 5.78 earnings per share for the current fiscal year.

In related news, Director Mark S. Demilio sold 11,100 shares of RH stock in a transaction on Monday, April 2nd. The stock was sold at an average price of $95.46, for a total transaction of $1,059,606.00. Following the completion of the sale, the director now owns 9,766 shares of the company’s stock, valued at $932,262.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Karen Boone sold 25,000 shares of RH stock in a transaction on Thursday, March 29th. The shares were sold at an average price of $95.54, for a total value of $2,388,500.00. Following the sale, the insider now directly owns 34,306 shares of the company’s stock, valued at approximately $3,277,595.24. The disclosure for this sale can be found here. Company insiders own 18.80% of the company’s stock.

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About RH

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, d├ęcor, outdoor and garden, tableware, and child and teen furnishings. It provides its products through its retail galleries and Source Books, as well as online through rh.com, rhmodern.com, restorationhardware.com, rhbabyandchild.com, rhteen.com, and waterworks.com Websites.

Insider Buying and Selling by Quarter for RH (NYSE:RH)

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