RH (RH) Stock Price Hits Yearly Low Today

RH (NYSE:RH) Logo

Investors sentiment increased to Infinity in Q4 2018. Its up Infinity, from 0 in 2018Q3. It improved, as 0 investors sold RH shares while 0 reduced holdings. 0 funds opened positions while 1 raised stakes. 16,568 shares or 100.48% more from 8,264 shares in 2018Q3 were reported.
First Bancshares Of Omaha invested in 8,200 shares or 0.35% of the stock. Gemmer Asset Mngmt Lc, California-based fund reported 84 shares.

The stock of RH (NYSE:RH) hit a new 52-week low and has $91.37 target or 3.00 % below today’s $94.20 share price. The 6 months bearish chart indicates high risk for the $1.93B company. The 1-year low was reported on May, 17 by Barchart.com. If the $91.37 price target is reached, the company will be worth $57.87M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 2.95% or $2.86 during the last trading session, reaching $94.2. About 856,319 shares traded. RH (NYSE:RH) has risen 79.00% since May 17, 2018 and is uptrending. It has outperformed by 74.63% the S&P500.

Analysts await RH (NYSE:RH) to report earnings on June, 10. They expect $1.54 earnings per share, up 15.79 % or $0.21 from last year’s $1.33 per share. RH’s profit will be $31.54 million for 15.29 P/E if the $1.54 EPS becomes a reality. After $3.00 actual earnings per share reported by RH for the previous quarter, Wall Street now forecasts -48.67 % negative EPS growth.

RH (NYSE:RH) Ratings Coverage

Among 7 analysts covering RH (NYSE:RH), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. RH had 14 analyst reports since November 27, 2018 according to SRatingsIntel. As per Tuesday, December 4, the company rating was maintained by Wedbush. The rating was maintained by Wells Fargo with “Buy” on Thursday, March 21. The company was maintained on Monday, March 25 by J.P. Morgan. The rating was maintained by Citigroup on Monday, April 1 with “Buy”. The rating was downgraded by Deutsche Bank on Friday, March 29 to “Hold”. The firm has “Buy” rating given on Tuesday, December 4 by Deutsche Bank. Citigroup maintained it with “Buy” rating and $200 target in Tuesday, December 4 report. The firm has “Outperform” rating given on Tuesday, December 4 by Wells Fargo. Robert W. Baird maintained RH (NYSE:RH) rating on Friday, March 29. Robert W. Baird has “Neutral” rating and $120 target. The rating was maintained by Wells Fargo on Friday, March 29 with “Outperform”.

More notable recent RH (NYSE:RH) news were published by: Gurufocus.com which released: “Bill Miller: Stocks Will Keep Going Up – GuruFocus.com” on April 22, 2019, also Seekingalpha.com with their article: “RH: Disappointing Results And Guidance With $350 Million In Debt Due In Less Than 3 Months – Seeking Alpha” published on March 29, 2019, Fool.com published: “Here’s Why Shares of RH Are Plunging on Friday – The Motley Fool” on March 29, 2019. More interesting news about RH (NYSE:RH) were released by: Investorplace.com and their article: “10 Stocks That Could Squeeze Short Sellers, Including CGC – Investorplace.com” published on May 10, 2019 as well as Seekingalpha.com‘s news article titled: “RH: We Bought When There Was ‘Blood In The Streets’ – Seeking Alpha” with publication date: April 10, 2019.

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company has market cap of $1.93 billion. The firm offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. It has a 16.58 P/E ratio. It provides its products through its retail galleries and Source Books, as well as online through rh.com, rhmodern.com, restorationhardware.com, rhbabyandchild.com, rhteen.com, and waterworks.com Websites.

RH (NYSE:RH) Ratings Chart

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