During the last session, RH (NYSE:RH)’s traded shares were 1.04 million, with the beta value of the company hitting 2.49. At the end of the trading day, the stock’s price was $282.72, reflecting an intraday loss of -5.24% or -$15.64. The 52-week high for the RH share is $406.38, that puts it down -43.74 from that peak though still a striking 26.69% gain since the share price plummeted to a 52-week low of $207.26. The company’s market capitalization is $5.18B, and the average intraday trading volume over the past 10 days was 1.56 million shares, and the average trade volume was 650.30K shares over the past three months.
RH (NYSE:RH) trade information
RH (RH) registered a -5.24% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.24% in intraday trading to $282.72, hitting a weekly high. The stock’s 5-day price performance is -4.80%, and it has moved by 5.40% in 30 days. Based on these gigs, the overall price performance for the year is 16.91%. The short interest in RH (NYSE:RH) is 1.82 million shares and it means that shorts have 4.13 day(s) to cover.
RH (RH) estimates and forecasts
Statistics show that RH has outperformed its competitors in share price, compared to the industry in which it operates. RH (RH) shares have gone up 11.50% during the last six months, with a year-to-date growth rate more than the industry average at 36.54% against 4.80. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -107.20% this quarter and then drop -5.90% in the quarter after that. In the rating firms’ projections, revenue will increase 6.90% compared to the previous financial year.
Revenue for the current quarter is expected to be $725.5 million as predicted by 15 analyst(s). Meanwhile, a consensus of 15 analyst(s) estimates revenue growth to $863.35 million by the end of Jul 2024.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 2.91%. While earnings are projected to return 31.25% in 2024, the next five years will return 0.25% per annum.
RH Dividends
RH is due to release its next quarterly earnings between March 27 and April 01. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
RH (NYSE:RH)’s Major holders
RH insiders own 18.76% of total outstanding shares while institutional holders control 91.08%, with the float percentage being 112.12%. FMR, LLC is the largest shareholder of the company, while 513 institutions own stock in it. As of Jun 29, 2023, the company held over 1.92 million shares (or 10.44% of all shares), a total value of $633.33 million in shares.
The next largest institutional holding, with 1.77 million shares, is of Lone Pine Capital Llc’s that is approximately 9.64% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $584.39 million.
Also, the Mutual Funds coming in first place with the largest holdings of RH (RH) shares are Fidelity Blue Chip Growth Fund and Vanguard Total Stock Market Index Fund. Data provided on Jul 30, 2023 indicates that Fidelity Blue Chip Growth Fund owns about 0.76 million shares. This amounts to just over 4.15 percent of the company’s overall shares, with a $296.34 million market value. The same data shows that the other fund manager holds slightly less at 0.52 million, or about 2.82% of the stock, which is worth about $170.82 million.
