RH (NYSE:RH) Price Target Raised to $225.00

RH (NYSE:RH) had its price target boosted by Wells Fargo & Company from $175.00 to $225.00 in a research report released on Tuesday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

Several other analysts have also recently commented on RH. Robert W. Baird raised their target price on shares of RH from $125.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, June 12th. TD Cowen reiterated a “buy” rating on shares of RH in a research note on Monday. Morgan Stanley restated an “overweight” rating and issued a $240.00 price objective on shares of RH in a research report on Monday, May 11th. The Goldman Sachs Group raised RH from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $86.00 to $155.00 in a report on Wednesday, July 8th. Finally, UBS Group dropped their target price on RH from $160.00 to $155.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 9th. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $174.29.

RH Trading Down 0.4%

NYSE:RH opened at $179.62 on Tuesday. RH has a 12-month low of $106.30 and a 12-month high of $257.00. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96. The stock’s 50 day simple moving average is $167.48 and its 200-day simple moving average is $157.70. The firm has a market cap of $3.39 billion, a P/E ratio of 34.68, a PEG ratio of 4.22 and a beta of 1.87.

RH (NYSE:RH) last issued its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, topping the consensus estimate of ($2.12) by $0.15. RH had a return on equity of 423.79% and a net margin of 3.01%.The firm had revenue of $800.33 million during the quarter, compared to the consensus estimate of $792.55 million. During the same period last year, the company earned $0.13 earnings per share. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. Equities analysts anticipate that RH will post 4.27 EPS for the current year.

Insider Transactions at RH

In related news, CEO Gary G. Friedman sold 69,069 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $169.48, for a total value of $11,705,814.12. Following the completion of the sale, the chief executive officer owned 3,282,268 shares in the company, valued at $556,278,780.64. This trade represents a 2.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Carlos Alberini acquired 11,388 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The shares were bought at an average cost of $160.90 per share, for a total transaction of $1,832,329.20. Following the acquisition, the director owned 32,190 shares of the company’s stock, valued at $5,179,371. This represents a 54.74% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold a total of 132,749 shares of company stock valued at $21,856,812 in the last ninety days. 26.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On RH

Hedge funds and other institutional investors have recently modified their holdings of the stock. Belpointe Asset Management LLC grew its holdings in shares of RH by 3.5% in the 2nd quarter. Belpointe Asset Management LLC now owns 2,217 shares of the company’s stock worth $365,000 after acquiring an additional 75 shares during the period. Farther Finance Advisors LLC raised its holdings in RH by 45.0% during the fourth quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock worth $44,000 after purchasing an additional 77 shares during the last quarter. D.B. Root & Company LLC raised its holdings in RH by 0.9% during the second quarter. D.B. Root & Company LLC now owns 8,413 shares of the company’s stock worth $1,386,000 after purchasing an additional 78 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in RH by 1.6% during the third quarter. Public Employees Retirement System of Ohio now owns 5,122 shares of the company’s stock worth $1,041,000 after purchasing an additional 81 shares in the last quarter. Finally, CWM LLC boosted its position in RH by 22.7% during the fourth quarter. CWM LLC now owns 492 shares of the company’s stock worth $88,000 after purchasing an additional 91 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wells Fargo reportedly expects strong appreciation for RH stock, providing a potentially supportive analyst outlook and counterbalancing near-term bearish sentiment. Wells Fargo & Company Forecasts Strong Price Appreciation for RH Stock
• Neutral Sentiment: RH’s latest quarterly results modestly exceeded expectations, with revenue of $800.3 million versus the $792.6 million consensus and a loss of $1.97 per share versus the expected $2.12 loss. However, revenue declined 1.7% year over year, leaving investors focused on whether the company can return to sustained growth.
• Negative Sentiment: RH was identified among the market’s most-shorted stocks. Heavy short positioning highlights concerns about the luxury home-furnishings retailer’s valuation, demand trends and execution, while also increasing the risk of continued volatility and pressure from bearish traders. Short Sellers Attack Ondas, Avis Budget, RH: Here Are the 10 Most Shorted Stocks

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.