RH (NYSE:RH) released its quarterly earnings data on Tuesday. The company reported $8.48 earnings per share for the quarter, beating analysts’ consensus estimates of $6.58 by $1.90, Briefing.com reports. RH had a net margin of 12.57% and a return on equity of 156.85%. The company had revenue of $989.00 million during the quarter, compared to analysts’ expectations of $972.37 million. During the same quarter in the previous year, the company earned $4.90 earnings per share. The firm’s revenue for the quarter was up 39.3% on a year-over-year basis.
RH opened at $725.00 on Friday. The firm has a market capitalization of $15.25 billion, a PE ratio of 52.35, a PEG ratio of 1.76 and a beta of 2.49. RH has a twelve month low of $330.64 and a twelve month high of $744.56. The firm’s 50-day moving average price is $688.98 and its 200 day moving average price is $633.56. The company has a current ratio of 0.97, a quick ratio of 0.39 and a debt-to-equity ratio of 1.81.
An institutional investor recently raised its position in RH stock. Morgan Stanley raised its position in RH (NYSE:RH) by 48.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 87,906 shares of the company’s stock after purchasing an additional 28,841 shares during the quarter. Morgan Stanley owned about 0.42% of RH worth $59,688,000 as of its most recent SEC filing. 94.22% of the stock is owned by institutional investors.
RH Company Profile
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.
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