RH (NYSE:RH) Releases Earnings Results, Beats Expectations By $0.75 EPS

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.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, 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.

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Earnings History for RH (NYSE:RH)

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