RH (NYSE:RH) Trading Up 9% – Here’s What Happened

RH (NYSE:RH) shares rose 9% during trading on Wednesday . The company traded as high as $157.57 and last traded at $154.5650. Approximately 198,871 shares were traded during trading, a decline of 83% from the average daily volume of 1,136,557 shares. The stock had previously closed at $141.74.

Analyst Upgrades and Downgrades

RH has been the subject of a number of recent research reports. Wells Fargo & Company lifted their price target on shares of RH from $160.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, June 12th. Wall Street Zen lowered shares of RH from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Zacks Research raised shares of RH from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price target on shares of RH in a report on Monday, May 11th. Finally, Citigroup increased their price target on RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $172.53.

RH Stock Performance

The stock’s 50-day moving average is $138.94 and its 200-day moving average is $162.17. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of 30.19, a P/E/G ratio of 3.00 and a beta of 1.91. 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 posted its earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, beating the consensus estimate of ($2.12) by $0.15. The business had revenue of $800.33 million for 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%. The business’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, analysts expect that RH will post 4.79 EPS for the current year.

Insider Activity

In related news, Director Mark S. Demilio sold 3,102 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $144.00, for a total value of $446,688.00. Following the completion of the sale, the director directly owned 25,830 shares of the company’s stock, valued at $3,719,520. The trade was a 10.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Eri Chaya sold 11,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total value of $1,517,120.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 16,304 shares of company stock valued at $2,294,108 in the last three months. Insiders own 26.90% of the company’s stock.

Institutional Trading of RH

Hedge funds have recently bought and sold shares of the company. Huntington National Bank grew its position in RH by 87.8% during the 3rd quarter. Huntington National Bank now owns 139 shares of the company’s stock worth $28,000 after purchasing an additional 65 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of RH by 45.0% in the fourth quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock worth $44,000 after buying an additional 77 shares during the period. Public Employees Retirement System of Ohio boosted its position in shares of RH by 1.6% in the third quarter. Public Employees Retirement System of Ohio now owns 5,122 shares of the company’s stock worth $1,041,000 after buying an additional 81 shares during the period. CWM LLC grew its holdings in shares of RH by 22.7% during the fourth quarter. CWM LLC now owns 492 shares of the company’s stock valued at $88,000 after buying an additional 91 shares in the last quarter. Finally, US Bancorp DE grew its holdings in shares of RH by 30.8% during the third quarter. US Bancorp DE now owns 416 shares of the company’s stock valued at $85,000 after buying an additional 98 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors.

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.