RH (NYSE:RH) Trading 10.1% Higher – Still a Buy?

RH (NYSE:RH) traded up 10.1% during trading on Wednesday . The stock traded as high as $134.93 and last traded at $134.4410. 813,891 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 1,180,633 shares. The stock had previously closed at $122.14.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Citigroup decreased their price target on shares of RH from $183.00 to $150.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. Jefferies Financial Group restated a “hold” rating on shares of RH in a report on Tuesday, January 27th. Wall Street Zen downgraded shares of RH from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. UBS Group lowered their price target on shares of RH from $188.00 to $160.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 17th. Finally, Zacks Research cut shares of RH from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 2nd. Seven investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $175.13.

RH Trading Down 1.9%

The company has a market cap of $2.58 billion, a P/E ratio of 21.63, a PEG ratio of 2.04 and a beta of 1.89. The company has a current ratio of 1.19, a quick ratio of 0.31 and a debt-to-equity ratio of 51.28. The business has a 50 day moving average price of $130.01 and a 200-day moving average price of $163.67.

RH (NYSE:RH) last issued its earnings results on Tuesday, March 31st. The company reported $1.53 earnings per share for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.68). RH had a negative return on equity of 567.82% and a net margin of 3.63%.The firm had revenue of $842.62 million for the quarter, compared to analyst estimates of $873.48 million. During the same quarter in the previous year, the firm posted $1.58 earnings per share. RH’s quarterly revenue was up 3.7% on a year-over-year basis. Analysts forecast that RH will post 6.39 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Eri Chaya sold 11,000 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total value of $1,517,120.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have sold 25,000 shares of company stock valued at $3,370,440. 26.90% of the stock is currently owned by corporate insiders.

Institutional Trading of RH

A number of hedge funds have recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in shares of RH by 166.5% during the 1st quarter. Bank of America Corp DE now owns 238,681 shares of the company’s stock worth $33,372,000 after acquiring an additional 149,127 shares during the last quarter. RBF Capital LLC bought a new position in RH during the first quarter worth $1,735,000. Lodge Hill Capital LLC acquired a new position in shares of RH in the first quarter valued at $13,283,000. California State Teachers Retirement System raised its position in shares of RH by 23.0% in the first quarter. California State Teachers Retirement System now owns 17,460 shares of the company’s stock valued at $2,441,000 after purchasing an additional 3,262 shares during the period. Finally, Quantinno Capital Management LP raised its position in shares of RH by 138.1% in the first quarter. Quantinno Capital Management LP now owns 24,999 shares of the company’s stock valued at $3,495,000 after purchasing an additional 14,500 shares during the period. 90.17% of the stock is owned by institutional investors and hedge funds.

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.