RH (NYSE:RH) has a beta value of 2.50 and has seen 0.44 million shares traded in the last trading session. The company, currently valued at $14.13B, closed the last trade at $678.63 per share which meant it gained $6.63 on the day or 0.99% during that session. The RH stock price is -9.72% off its 52-week high price of $744.56 and 56.97% above the 52-week low of $292.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.43 million shares traded. The 3-month trading volume is 487.14K shares.
The consensus among analysts is that RH (RH) is an Overweight stock at the moment, with a recommendation rating of 2.10. 1 analysts rate the stock as a Sell, while 3 rate it as Overweight. 6 out of 20 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $6.44.
RH (NYSE:RH) trade information
Sporting 0.99% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 09/03/21 when the RH stock price touched $678.63 or saw a rise of 7.1%. Year-to-date, RH shares have moved 51.64%, while the 5-day performance has seen it change -3.95%. Over the past 30 days, the shares of RH (NYSE:RH) have changed -0.20%. Short interest in the company has seen 2.68 million shares shorted with days to cover at 6.05.
Wall Street analysts have a consensus price target for the stock at $733.67, which means that the shares’ value could jump 7.5% from current levels. The projected low price target is $580.00 while the price target rests at a high of $850.00. In that case, then, we find that the current price level is -25.25% off the targeted high while a plunge would see the stock lose 14.53% from current levels.
RH (RH) estimates and forecasts
Figures show that RH shares have outperformed across the wider relevant industry. The company’s shares have gained 53.72% over the past 6 months, with this year growth rate of 29.11%, compared to 21.10% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 31.40% and -6.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be 29.10%.
16 analysts offering their estimates for the company have set an average revenue estimate of $974.12 million for the current quarter. 16 have an estimated revenue figure of $943.19 million for the next quarter concluding in Oct 2021.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 35.80% over the past 5 years. Earnings growth for 2021 is a modest 9.80% while over the next 5 years, the company’s earnings are expected to increase by 19.60%.
RH is expected to release its next earnings report between September 07 and September 13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
RH (NYSE:RH)’s Major holders
Insiders own 10.30% of the company shares, while shares held by institutions stand at 97.90% with a share float percentage of 109.15%. Investors are also buoyed by the number of investors in a company, with RH having a total of 530 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 2.96 million shares worth more than $1.76 billion. As of Mar 30, 2021, FMR, LLC held 14.06% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 1.84 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $1.1 billion and represent 8.77% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Blue Chip Growth Fund and Fidelity Growth Company Fund. As of Apr 29, 2021, the former fund manager holds about 3.43% shares in the company for having 0.72 million shares of worth $496.08 million while later fund manager owns 0.72 million shares of worth $494.48 million as of Apr 29, 2021, which makes it owner of about 3.42% of company’s outstanding stock.