RH (NYSE:RH) issued its quarterly earnings data on Tuesday. The company reported $4.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.14 by $0.75, Briefing.com reports. The firm had revenue of $860.79 million during the quarter, compared to the consensus estimate of $757.74 million. RH had a return on equity of 207.69% and a net margin of 9.54%. The company’s quarterly revenue was up 82.0% on a year-over-year basis. During the same period last year, the company earned $1.27 EPS.
RH stock opened at $611.33 on Thursday. The stock’s 50 day simple moving average is $639.71. The stock has a market capitalization of $12.84 billion, a PE ratio of 64.42, a price-to-earnings-growth ratio of 1.98 and a beta of 2.50. RH has a fifty-two week low of $226.82 and a fifty-two week high of $733.05. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.28 and a current ratio of 0.87.
RH has been the subject of several research reports. Zacks Investment Research downgraded RH from a “buy” rating to a “hold” rating and set a $660.00 target price for the company. in a research report on Wednesday, May 19th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell initiated coverage on RH in a research report on Monday, March 15th. They issued a “buy” rating and a $560.00 target price for the company. Cowen lifted their target price on RH from $600.00 to $680.00 and gave the company an “outperform” rating in a research report on Wednesday, April 14th. Wells Fargo & Company lifted their target price on RH from $575.00 to $700.00 and gave the company an “overweight” rating in a research report on Tuesday, May 25th. Finally, JPMorgan Chase & Co. lifted their target price on RH from $750.00 to $770.00 and gave the company an “overweight” rating in a research report on Thursday. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. RH has a consensus rating of “Buy” and an average target price of $612.63.
RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, dÃ©cor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com.
Recommended Story: What is an overbought condition?
Receive News & Ratings for RH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RH and related companies with MarketBeat.com's FREE daily email newsletter.