Somewhat Favorable Press Coverage Somewhat Unlikely to Impact RH (RH) Share Price

News articles about RH (NYSE:RH) have trended somewhat positive on Saturday, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RH earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the company an impact score of 47.3401308157435 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment’s analysis:

Shares of NYSE:RH opened at $85.39 on Friday. RH has a 12-month low of $41.52 and a 12-month high of $109.53. The company has a debt-to-equity ratio of -148.64, a current ratio of 1.24 and a quick ratio of 0.23. The firm has a market cap of $1,848.21, a price-to-earnings ratio of 28.00, a P/E/G ratio of 0.69 and a beta of 1.73.



RH (NYSE:RH) last posted its quarterly earnings results on Tuesday, March 27th. The company reported $1.69 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.56 by $0.13. RH had a return on equity of 65.66% and a net margin of 0.09%. The firm had revenue of $670.00 million during the quarter, compared to analysts’ expectations of $672.39 million. During the same quarter in the previous year, the business earned $0.68 earnings per share. The company’s revenue was up 14.2% on a year-over-year basis. research analysts anticipate that RH will post 5.76 EPS for the current year.

Several equities research analysts recently weighed in on the company. Cowen restated a “hold” rating and set a $95.00 price target on shares of RH in a research report on Thursday. Wolfe Research upgraded RH from a “peer perform” rating to an “outperform” rating and set a $119.00 price target on the stock in a research report on Thursday, March 29th. Zacks Investment Research lowered RH from a “buy” rating to a “hold” rating in a research report on Thursday, March 29th. Deutsche Bank dropped their price target on RH from $140.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, March 28th. Finally, Telsey Advisory Group dropped their price target on RH from $118.00 to $100.00 and set a “market perform” rating on the stock in a research report on Wednesday, March 28th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the stock. RH presently has an average rating of “Hold” and a consensus price target of $85.99.

In other news, Director Mark S. Demilio sold 11,100 shares of the business’s stock in a transaction on Monday, April 2nd. The stock was sold at an average price of $95.46, for a total value of $1,059,606.00. Following the completion of the transaction, the director now owns 9,766 shares in the company, valued at $932,262.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Karen Boone sold 25,000 shares of the business’s stock in a transaction on Thursday, March 29th. The stock was sold at an average price of $95.54, for a total value of $2,388,500.00. Following the completion of the transaction, the insider now owns 34,306 shares of the company’s stock, valued at approximately $3,277,595.24. The disclosure for this sale can be found here. 18.80% of the stock is owned by insiders.

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About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. 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.

Insider Buying and Selling by Quarter for RH (NYSE:RH)

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