RH [NYSE: RH] jumped around 52.35 points on Thursday, while shares priced at $725.00 at the close of the session, up 7.78%. The company report on September 9, 2021 that RH Reports Record Second Quarter Results and Raises Fiscal 2021 Outlook.
RH (NYSE: RH) has released its financial results for the second quarter ended July 31, 2021, in a shareholder letter from Chairman and Chief Executive Officer Gary Friedman, available on the Investor Relations section of its website at ir.rh.com.
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As previously announced, RH leadership will host a live conference call and audio webcast at 2:00 pm Pacific Time (5:00 pm Eastern Time). The conference call may be accessed by dialing 866.940.6255 or 270.215.9567 for international callers. The call and replay can also be accessed via audio webcast at ir.rh.com.
RH stock is now 62.00% up from its year-to-date (YTD) trading value. RH Stock saw the intraday high of $733.99 and lowest of $692.01 per share. The company’s 52-week high price is 744.56, which means current price is +76.02% above from all time high which was touched on 08/12/21.
Compared to the average trading volume of 500.70K shares, RH reached a trading volume of 2010480 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about RH [RH]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RH shares is $731.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RH stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Gordon Haskett have made an estimate for RH shares, keeping their opinion on the stock as Accumulate, with their previous recommendation back on June 10, 2021. While these analysts kept the previous recommendation, Jefferies raised their target price from $335 to $500. The new note on the price target was released on March 26, 2021, representing the official price target for RH stock. Previously, the target price had yet another raise from $550 to $600, while Telsey Advisory Group kept a Outperform rating on RH stock.
The Average True Range (ATR) for RH is set at 26.31, with the Price to Sales ratio for RH stock in the period of the last 12 months amounting to 4.68. The Price to Book ratio for the last quarter was 25.62, with the Price to Cash per share for the same quarter was set at 11.02. Price to Free Cash Flow for RH in the course of the last twelve months was 26.77 with Quick ratio for the last quarter at 0.40.
How has RH stock performed recently?
RH [RH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.88. With this latest performance, RH shares gained by 0.74% in over the last four-week period, additionally plugging by 52.85% over the last 6 months – not to mention a rise of 125.80% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RH stock in for the last two-week period is set at 59.16, with the RSI for the last a single of trading hit 62.55, and the three-weeks RSI is set at 57.42 for RH [RH]. The present Moving Average for the last 50 days of trading for this stock 689.01, while it was recorded at 682.51 for the last single week of trading, and 585.00 for the last 200 days.
RH [RH]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and RH [RH] shares currently have an operating margin of +17.15 and a Gross Margin at +46.62. RH’s Net Margin is presently recorded at +9.54.
Return on Total Capital for RH is now 24.69, given the latest momentum, and Return on Invested Capital for the company is 15.93. Return on Equity for this stock inclined to 116.74, with Return on Assets sitting at 10.17. When it comes to the capital structure of this company, RH [RH] has a Total Debt to Total Equity ratio set at 362.88. Additionally, RH Total Debt to Total Capital is recorded at 78.40, with Total Debt to Total Assets ending up at 55.97. Long-Term Debt to Equity for the company is recorded at 338.51, with the Long-Term Debt to Total Capital now at 73.13.
Reflecting on the efficiency of the workforce at the company, RH [RH] managed to generate an average of $54,363 per employee. Receivables Turnover for the company is 46.62 with a Total Asset Turnover recorded at a value of 1.07.RH’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 1.00.
Earnings analysis for RH [RH]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for RH go to 19.60%.
Insider trade positions for RH [RH]
There are presently around $14,575 million, or 96.50% of RH stock, in the hands of institutional investors. The top three institutional holders of RH stocks are: FMR LLC with ownership of 2,897,229, which is approximately -2.029% of the company’s market cap and around 1.20% of the total institutional ownership; BERKSHIRE HATHAWAY INC, holding 1,791,967 shares of the stock with an approximate value of $1.3 billion in RH stocks shares; and VANGUARD GROUP INC, currently with $1.11 billion in RH stock with ownership of nearly -2.221% of the company’s market capitalization.
Positions in RH stocks held by institutional investors increased at the end of September and at the time of the September reporting period, where 245 institutional holders increased their position in RH [NYSE:RH] by around 2,956,149 shares. Additionally, 196 investors decreased positions by around 3,256,223 shares, while 60 investors held positions by with 13,891,491 shares. The mentioned changes placed institutional holdings at 20,103,863 shares, according to the latest SEC report filing. RH stock had 93 new institutional investments in for a total of 1,642,988 shares, while 53 institutional investors sold positions of 527,777 shares during the same period.