RH (NYSE:RH) has a beta value of 2.49 and has seen 0.48 million shares traded in the recent trading session. The company, currently valued at $4.94B, closed the recent trade at $269.39 per share which meant it lost -$19.31 on the day or -6.69% during that session. The RH stock price is -50.85% off its 52-week high price of $406.38 and 23.06% above the 52-week low of $207.26. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.63 million shares traded. The 3-month trading volume is 677.73K shares.
RH (NYSE:RH) trade information
Sporting -6.69% in the red today, the stock has traded in the red over the last five days, when the RH stock price touched $269.39 or saw a rise of 11.31%. Year-to-date, RH shares have moved -7.58%, while the 5-day performance has seen it change -9.71%. Over the past 30 days, the shares of RH (NYSE:RH) have changed -4.41%. Short interest in the company has seen 1.71 million shares shorted with days to cover at 2.09.
RH (RH) estimates and forecasts
Figures show that RH shares have outperformed across the wider relevant industry. The company’s shares have gained 9.67% over the past 6 months, with this year growth rate of 32.17%, compared to 4.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -107.70% and -5.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be 6.90%.
16 analysts offering their estimates for the company have set an average revenue estimate of $724.97 million for the current quarter. 16 have an estimated revenue figure of $860.42 million for the next quarter concluding in Jul 2024.
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 2.91% over the past 5 years. Earnings growth for 2024 is a modest 30.44% while over the next 5 years, the company’s earnings are expected to increase by 0.25%.
RH Dividends
RH is expected to release its next earnings report in May 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 18.76% of the company shares, while shares held by institutions stand at 91.04% with a share float percentage of 112.06%. Investors are also buoyed by the number of investors in a company, with RH having a total of 512 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 1.92 million shares worth more than $633.33 million. As of Jun 29, 2023, FMR, LLC held 10.44% of shares outstanding.
The other major institutional holder is Lone Pine Capital Llc, with the holding of over 1.77 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $584.39 million and represent 9.64% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Blue Chip Growth Fund and Vanguard Total Stock Market Index Fund. As of Jul 30, 2023, the former fund manager holds about 4.15% shares in the company for having 0.76 million shares of worth $296.34 million while later fund manager owns 0.52 million shares of worth $170.82 million as of Jun 29, 2023, which makes it owner of about 2.82% of company’s outstanding stock.
