RH [NYSE: RH] loss -3.21% on the last trading session, reaching $241.50 price per share at the time.
If compared to the average trading volume of 827.47K shares, RH reached a trading volume of 320058 in the most recent trading day, which is why market watchdogs consider the stock to be active.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Here is what top equities market gurus are saying 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 $302.94 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 2.32. 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.
Telsey Advisory Group have made an estimate for RH shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on June 06, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $285 to $335. The new note on the price target was released on March 28, 2024, representing the official price target for RH stock. Previously, the target price had yet another drop from $325 to $285, while Telsey Advisory Group kept a Market Perform rating on RH stock. On December 05, 2023, analysts decreased their price target for RH shares from 365 to 325.
The Average True Range (ATR) for RH is set at 13.00, with the Price to Sales ratio for RH stock in the period of the last 12 months amounting to 1.48.
Trading performance analysis for RH stock
RH [RH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.18. With this latest performance, RH shares dropped by -12.19% in over the last four-week period, additionally sinking by -15.52% over the last 6 months – not to mention a drop of -27.21% 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 47.36, with the RSI for the last a single of trading hit 49.17, and the three-weeks RSI is set at 46.44 for RH [RH]. The present Moving Average for the last 50 days of trading for this stock 259.42, while it was recorded at 242.53 for the last single week of trading, and 264.46 for the last 200 days.
RH [RH]: A deeper dive into fundamental analysis
RH’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.28 and a Current Ratio set at 1.16.
RH [RH]: An earnings per share (EPS) analysis
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 -6.30%.
An analysis of Institutional ownership at RH [RH]
The top three institutional holders of RH stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in RH stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in RH stock with ownership which is approximately 5.1238%.
