Short Interest in RH (NYSE:RH) Drops By 12.9%

RH (NYSE:RH) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 3,244,277 shares, a decline of 12.9% from the January 15th total of 3,726,174 shares. Currently, 23.7% of the company’s stock are short sold. Based on an average trading volume of 929,830 shares, the days-to-cover ratio is currently 3.5 days. Based on an average trading volume of 929,830 shares, the days-to-cover ratio is currently 3.5 days. Currently, 23.7% of the company’s stock are short sold.

Insider Buying and Selling at RH

In other news, Director Mark S. Demilio sold 2,254 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $220.00, for a total transaction of $495,880.00. Following the transaction, the director directly owned 19,962 shares of the company’s stock, valued at $4,391,640. This represents a 10.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 5,154 shares of company stock worth $1,100,148 over the last quarter. 27.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Clough Capital Partners L P increased its holdings in RH by 55.1% in the 4th quarter. Clough Capital Partners L P now owns 12,648 shares of the company’s stock worth $2,266,000 after acquiring an additional 4,491 shares during the last quarter. Ardsley Advisory Partners LP bought a new position in RH during the fourth quarter worth about $5,374,000. Armistice Capital LLC increased its stake in shares of RH by 26.8% in the fourth quarter. Armistice Capital LLC now owns 115,000 shares of the company’s stock worth $20,602,000 after purchasing an additional 24,315 shares in the last quarter. Freestone Grove Partners LP bought a new stake in shares of RH in the fourth quarter valued at approximately $32,103,000. Finally, Schonfeld Strategic Advisors LLC lifted its stake in shares of RH by 202.9% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 65,074 shares of the company’s stock valued at $11,658,000 after buying an additional 43,589 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

RH Price Performance

RH opened at $208.64 on Wednesday. RH has a fifty-two week low of $123.03 and a fifty-two week high of $389.20. The firm has a 50-day moving average of $198.51 and a 200 day moving average of $196.23. The company has a debt-to-equity ratio of 944.39, a quick ratio of 0.26 and a current ratio of 1.19. The firm has a market cap of $3.92 billion, a P/E ratio of 37.66, a PEG ratio of 0.86 and a beta of 2.12.

RH (NYSE:RH) last released its earnings results on Thursday, December 11th. The company reported $1.71 earnings per share for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.42). RH had a net margin of 3.22% and a negative return on equity of 161.72%. The company had revenue of $883.81 million during the quarter, compared to analysts’ expectations of $883.65 million. During the same quarter in the previous year, the firm earned $2.48 earnings per share. The firm’s revenue was up 8.9% compared to the same quarter last year. On average, research analysts expect that RH will post 4.39 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of RH in a report on Wednesday, December 24th. Bank of America decreased their price objective on RH from $200.00 to $170.00 and set an “underperform” rating for the company in a report on Friday, December 12th. Zacks Research upgraded RH from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Barclays decreased their price target on RH from $385.00 to $283.00 and set an “overweight” rating for the company in a report on Monday, December 15th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $165.00 price objective (down from $320.00) on shares of RH in a report on Friday, December 12th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, RH currently has a consensus rating of “Hold” and an average price target of $231.19.

RH Company Profile

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.