RH (NYSE:RH) Trading Up 4.1% – Here’s Why

Shares of RH (NYSE:RH) shot up 4.1% during mid-day trading on Wednesday . The stock traded as high as $146.65 and last traded at $147.0590. Approximately 258,091 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 1,043,558 shares. The stock had previously closed at $141.30.

Analysts Set New Price Targets

RH has been the subject of a number of recent analyst reports. Robert W. Baird increased their price target on RH from $125.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, June 12th. Guggenheim restated a “buy” rating and set a $200.00 target price on shares of RH in a research report on Friday, June 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of RH in a research note on Friday, July 24th. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 target price on shares of RH in a report on Monday, May 11th. Finally, Wells Fargo & Company increased their price target on RH from $175.00 to $225.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $173.36.

RH Price Performance

The firm has a market capitalization of $2.76 billion, a P/E ratio of 28.10, a price-to-earnings-growth ratio of 3.41 and a beta of 1.87. The business has a 50-day moving average of $169.30 and a 200 day moving average of $155.28. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96.

RH (NYSE:RH) last announced its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, beating analysts’ consensus estimates of ($2.12) by $0.15. The business had revenue of $800.33 million during the quarter, compared to analyst estimates of $792.55 million. RH had a net margin of 3.01% and a return on equity of 423.79%. RH’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 EPS. On average, sell-side analysts predict that RH will post 4.2 earnings per share for the current fiscal year.

Insider Activity at RH

In other RH news, CEO Gary G. Friedman sold 69,069 shares of RH stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $169.48, for a total transaction of $11,705,814.12. Following the completion of the transaction, the chief executive officer owned 3,282,268 shares in the company, valued at approximately $556,278,780.64. The trade was a 2.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Carlos Alberini acquired 11,388 shares of the stock in a transaction dated Monday, June 29th. The stock was bought at an average cost of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the purchase, the director owned 32,190 shares of the company’s stock, valued at approximately $5,179,371. The trade was a 54.74% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have sold 132,749 shares of company stock valued at $21,856,812. 26.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On RH

Several hedge funds have recently modified their holdings of the company. Harvest Fund Management Co. Ltd bought a new stake in RH during the third quarter worth $30,000. Wilmington Savings Fund Society FSB increased its position in shares of RH by 200.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock valued at $31,000 after purchasing an additional 116 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of RH during the 3rd quarter worth $31,000. Modus Advisors LLC bought a new stake in shares of RH during the 4th quarter worth $34,000. Finally, Geneos Wealth Management Inc. purchased a new position in shares of RH in the 1st quarter worth about $42,000. Institutional investors own 90.17% of the company’s stock.

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.