Robert W. Baird Lowers RH (NYSE:RH) Price Target to $160.00

RH (NYSE:RH) had its price target dropped by Robert W. Baird from $165.00 to $160.00 in a research report issued on Friday, Benzinga reports. The firm presently has a “neutral” rating on the stock. Robert W. Baird’s price target would indicate a potential upside of 19.50% from the company’s current price.

A number of other equities research analysts have also recently weighed in on RH. Telsey Advisory Group set a $140.00 price objective on shares of RH in a report on Tuesday. Stifel Nicolaus upped their price target on RH from $110.00 to $130.00 and gave the stock a “hold” rating in a research note on Friday, June 12th. Bank of America started coverage on RH in a research note on Monday, August 3rd. They set an “underperform” rating and a $156.00 price objective for the company. KeyCorp reissued a “sector weight” rating on shares of RH in a research note on Friday, June 12th. Finally, Guggenheim reissued a “buy” rating and set a $200.00 price objective on shares of RH in a research report on Friday, June 12th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $174.07.

RH Price Performance

RH opened at $133.89 on Friday. 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 company has a market cap of $2.53 billion, a price-to-earnings ratio of 25.85, a price-to-earnings-growth ratio of 3.32 and a beta of 1.85. The stock has a fifty day simple moving average of $167.02 and a two-hundred day simple moving average of $150.20. RH has a 12-month low of $106.30 and a 12-month high of $248.44.

RH (NYSE:RH) last announced its earnings results on Thursday, September 10th. The company reported $2.70 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $2.32. The firm had revenue of $922.15 million for the quarter, compared to analysts’ expectations of $915.09 million. RH had a net margin of 3.01% and a return on equity of 423.79%. The company’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.93 EPS. Research analysts predict that RH will post 4.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other RH news, Director Carlos Alberini purchased 11,388 shares of the firm’s stock in a transaction dated Monday, June 29th. The stock was purchased at an average price of $160.90 per share, for a total transaction of $1,832,329.20. Following the completion of the purchase, the director directly owned 32,190 shares of the company’s stock, valued at $5,179,371. This trade represents a 54.74% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Mark Demilio sold 2,445 shares of the company’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $168.44, for a total value of $411,835.80. Following the transaction, the director directly owned 25,680 shares in the company, valued at approximately $4,325,539.20. The trade was a 8.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 132,749 shares of company stock valued at $21,856,812. Corporate insiders own 26.90% of the company’s stock.

Hedge Funds Weigh In On RH

A number of hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System grew its stake in shares of RH by 16,138.1% in the second quarter. California State Teachers Retirement System now owns 2,835,168 shares of the company’s stock worth $467,037,000 after acquiring an additional 2,817,708 shares during the period. BlackRock Inc. boosted its holdings in RH by 41.7% in the second quarter. BlackRock Inc. now owns 1,978,271 shares of the company’s stock worth $325,881,000 after purchasing an additional 581,710 shares during the last quarter. Alyeska Investment Group L.P. grew its position in RH by 4.4% in the 2nd quarter. Alyeska Investment Group L.P. now owns 1,708,997 shares of the company’s stock worth $281,523,000 after purchasing an additional 72,674 shares during the period. Senvest Management LLC grew its position in RH by 30.1% in the 4th quarter. Senvest Management LLC now owns 842,577 shares of the company’s stock worth $150,948,000 after purchasing an additional 194,773 shares during the period. Finally, Durable Capital Partners LP raised its stake in RH by 125.1% during the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after buying an additional 359,101 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Key Stories Impacting RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Quarterly earnings beat expectations: RH reported adjusted EPS of $2.70, well above the roughly $0.38-$0.42 consensus estimate. Revenue was approximately $922 million, up 2.6% year over year and broadly in line with estimates. Gross profit increased 8.7%, while operating cash flow reached $145.2 million. RH quarterly earnings report
• Positive Sentiment: RH Estates creates a potential growth catalyst: CEO Gary Friedman said the new RH Estates collection could potentially double RH’s total addressable market. Management aims for Estates to represent 50% of the company’s offering within five years, with the first freestanding gallery now open in Connecticut. RH Estates growth outlook
• Positive Sentiment: Full-year outlook exceeded expectations: RH projected fiscal 2026 revenue of $3.6 billion to $3.7 billion, above the approximately $3.5 billion analyst consensus, implying revenue growth of about 5.5% to 7%. This helped reinforce expectations for a stronger second half. RH fiscal 2026 results
• Neutral Sentiment: Near-term execution remains important: Third-quarter revenue guidance of $928 million to $936.8 million was below the roughly $964 million consensus, suggesting that much of the recovery is weighted toward the fourth quarter. RH mixed quarterly results
• Negative Sentiment: Quality of the earnings beat is a concern: Reports indicated that a tariff refund provided a substantial boost to second-quarter profitability. Operating profit declined year over year, and revenue growth remains modest, raising questions about the durability of the earnings improvement. RH tariff refund impact

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.