RH (NYSE:RH) Rating Increased to Outperform at Telsey Advisory Group

Telsey Advisory Group upgraded shares of RH (NYSE:RH) from a market perform rating to an outperform rating in a research note released on Thursday, Marketbeat Ratings reports. Telsey Advisory Group currently has $500.00 target price on the stock, up from their previous target price of $485.00. Telsey Advisory Group also issued estimates for RH’s Q3 2026 earnings at $4.50 EPS.

Other equities analysts have also recently issued reports about the company. Loop Capital boosted their price target on RH from $320.00 to $450.00 and gave the stock a “hold” rating in a report on Monday. Barclays cut their target price on shares of RH from $340.00 to $320.00 and set an “equal weight” rating for the company in a research note on Monday, September 16th. Guggenheim lifted their price target on shares of RH from $425.00 to $550.00 and gave the stock a “buy” rating in a report on Friday, December 13th. JPMorgan Chase & Co. cut their price target on RH from $345.00 to $338.00 and set an “overweight” rating for the company in a report on Monday, September 16th. Finally, Robert W. Baird upped their price objective on shares of RH from $300.00 to $400.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $402.40.

RH Trading Down 2.1 %

Shares of RH opened at $388.02 on Thursday. The company’s 50 day simple moving average is $354.37 and its 200-day simple moving average is $301.53. RH has a 12-month low of $212.43 and a 12-month high of $457.26. The firm has a market cap of $7.22 billion, a PE ratio of 111.50, a price-to-earnings-growth ratio of 2.73 and a beta of 2.44.

RH (NYSE:RH) last posted its quarterly earnings results on Thursday, December 12th. The company reported $2.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.67 by ($0.19). The business had revenue of $811.73 million during the quarter, compared to analysts’ expectations of $812.19 million. RH had a net margin of 2.25% and a negative return on equity of 32.76%. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.42) earnings per share. As a group, equities research analysts forecast that RH will post 5.63 EPS for the current fiscal year.

Insider Activity at RH

In other RH news, insider Edward T. Lee sold 2,000 shares of the stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of $353.57, for a total value of $707,140.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Keith Belling sold 500 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $415.00, for a total transaction of $207,500.00. Following the completion of the transaction, the director now directly owns 5,470 shares in the company, valued at $2,270,050. This trade represents a 8.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 28.10% of the company’s stock.

Institutional Trading of RH

A number of institutional investors have recently added to or reduced their stakes in RH. Inspire Trust Co. N.A. lifted its position in shares of RH by 8.6% during the 3rd quarter. Inspire Trust Co. N.A. now owns 5,065 shares of the company’s stock worth $1,694,000 after purchasing an additional 400 shares during the last quarter. Blankinship & Foster LLC bought a new position in shares of RH during the 3rd quarter worth about $846,000. Sanctuary Advisors LLC raised its position in shares of RH by 55.6% during the third quarter. Sanctuary Advisors LLC now owns 3,755 shares of the company’s stock valued at $1,382,000 after buying an additional 1,341 shares during the last quarter. Virtu Financial LLC bought a new position in shares of RH during the 3rd quarter worth approximately $4,268,000. Finally, Invst LLC acquired a new stake in RH in the 3rd quarter valued at $752,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

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, 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.