Media stories about RH (NYSE:RH) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RH earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.0238994630566 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
Several equities research analysts have recently commented on RH shares. Zacks Investment Research upgraded RH from a “hold” rating to a “buy” rating and set a $117.00 price target for the company in a research note on Monday, November 20th. Citigroup upgraded RH to a “buy” rating in a research report on Sunday, November 26th. Buckingham Research reiterated a “buy” rating on shares of RH in a research report on Wednesday, November 15th. Deutsche Bank upped their target price on RH from $100.00 to $100.00 and gave the company a “buy” rating in a report on Tuesday, November 14th. Finally, Loop Capital raised RH from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a report on Thursday, January 11th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $76.44.
RH (NYSE:RH) opened at $88.85 on Tuesday. The company has a market capitalization of $1,890.00, a PE ratio of 211.55, a PEG ratio of 0.81 and a beta of 1.71. The company has a quick ratio of 0.28, a current ratio of 1.47 and a debt-to-equity ratio of -48.40. RH has a twelve month low of $24.54 and a twelve month high of $109.53.
RH (NYSE:RH) last announced its earnings results on Tuesday, December 5th. The company reported $1.04 EPS for the quarter, meeting the consensus estimate of $1.04. The business had revenue of $592.50 million for the quarter, compared to the consensus estimate of $592.46 million. RH had a return on equity of 20.04% and a net margin of 0.45%. The company’s revenue was up 7.9% on a year-over-year basis. During the same period last year, the business posted $0.20 EPS. equities research analysts anticipate that RH will post 2.93 earnings per share for the current year.
In other news, insider Karen Boone sold 22,000 shares of RH stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $99.60, for a total value of $2,191,200.00. Following the completion of the transaction, the insider now owns 25,430 shares in the company, valued at approximately $2,532,828. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Gary G. Friedman bought 10,300 shares of the firm’s stock in a transaction dated Tuesday, December 12th. The stock was purchased at an average price of $97.09 per share, with a total value of $1,000,027.00. Following the transaction, the chief executive officer now owns 2,245,710 shares in the company, valued at approximately $218,035,983.90. The disclosure for this purchase can be found here. Company insiders own 18.80% of the company’s stock.
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RH Company Profile
RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.
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