RH (NYSE:RH - Free Report) - Investment analysts at Telsey Advisory Group increased their Q3 2026 earnings estimates for RH in a research note issued to investors on Thursday, December 19th. Telsey Advisory Group analyst C. Fernandez now expects that the company will post earnings of $4.50 per share for the quarter, up from their prior forecast of $4.44. Telsey Advisory Group has a "Outperform" rating and a $500.00 price objective on the stock. The consensus estimate for RH's current full-year earnings is $5.63 per share.
RH (NYSE:RH - Get Free Report) last released its earnings results on Thursday, December 12th. The company reported $2.48 earnings per share for the quarter, missing the consensus estimate of $2.67 by ($0.19). RH had a negative return on equity of 32.76% and a net margin of 2.25%. The business had revenue of $811.73 million for the quarter, compared to the consensus estimate of $812.19 million. During the same quarter in the previous year, the company earned ($0.42) earnings per share. The firm's revenue for the quarter was up 8.1% on a year-over-year basis.
Several other analysts have also recently commented on RH. Guggenheim upped their target price on RH from $425.00 to $550.00 and gave the company a "buy" rating in a report on Friday, December 13th. Barclays decreased their price objective on shares of RH from $340.00 to $320.00 and set an "equal weight" rating for the company in a research report on Monday, September 16th. Wells Fargo & Company boosted their target price on shares of RH from $425.00 to $500.00 and gave the company an "overweight" rating in a report on Friday, December 13th. TD Cowen lifted their price objective on RH from $325.00 to $350.00 and gave the stock a "buy" rating in a research report on Friday, September 13th. Finally, Bank of America upped their target price on RH from $310.00 to $359.00 and gave the company a "buy" rating in a research report on Friday, September 13th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $402.40.
Get Our Latest Stock Analysis on RH
NYSE:RH opened at $388.02 on Friday. The stock's 50-day moving average is $354.37 and its 200-day moving average is $301.53. RH has a 1-year low of $212.43 and a 1-year high of $457.26. The stock has a market cap of $7.22 billion, a P/E ratio of 111.50, a price-to-earnings-growth ratio of 2.73 and a beta of 2.44.
In other RH news, Director Keith Belling sold 500 shares of the firm's stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $415.00, for a total transaction of $207,500.00. Following the sale, the director now 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Edward T. Lee sold 2,000 shares of the stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $353.57, for a total value of $707,140.00. The disclosure for this sale can be found here. Insiders own 28.10% of the company's stock.
Several hedge funds have recently made changes to their positions in the company. Texas Permanent School Fund Corp raised its holdings in RH by 25.3% in the 2nd quarter. Texas Permanent School Fund Corp now owns 16,765 shares of the company's stock worth $4,098,000 after purchasing an additional 3,387 shares in the last quarter. Virtu Financial LLC purchased a new stake in RH in the third quarter worth about $4,268,000. Lisanti Capital Growth LLC bought a new position in shares of RH in the 3rd quarter worth approximately $3,251,000. Invst LLC purchased a new position in shares of RH in the 3rd quarter valued at approximately $752,000. Finally, Cerity Partners LLC grew its stake in RH by 139.7% in the third quarter. Cerity Partners LLC now owns 2,584 shares of the company's stock worth $864,000 after purchasing an additional 1,506 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider RH, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RH wasn't on the list.
While RH currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.