News stories about RH (NYSE:RH) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. RH earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.8657538285491 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
Shares of RH (NYSE:RH) opened at $93.34 on Tuesday. The company has a quick ratio of 0.28, a current ratio of 1.47 and a debt-to-equity ratio of -48.40. The company has a market capitalization of $1,989.07, a PE ratio of 233.36, a P/E/G ratio of 0.87 and a beta of 1.71. RH has a 12-month low of $25.09 and a 12-month high of $109.53.
RH (NYSE:RH) last announced its quarterly earnings data on Tuesday, December 5th. The company reported $1.04 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.04. The firm had revenue of $592.50 million during the quarter, compared to analyst estimates 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 company earned $0.20 earnings per share. analysts anticipate that RH will post 2.93 EPS for the current year.
Several equities analysts have commented on the company. Deutsche Bank increased their price target on RH from $100.00 to $100.00 and gave the company a “buy” rating in a report on Tuesday, November 14th. Citigroup raised their price objective on shares of RH from $1.37 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday, December 6th. Zacks Investment Research downgraded shares of RH from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Cowen reiterated a “hold” rating and set a $115.00 price target on shares of RH in a research note on Wednesday, November 22nd. Finally, Bank of America lifted their price target on shares of RH from $50.00 to $60.00 and gave the stock an “underperform” rating in a research note on Monday, November 20th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. RH has a consensus rating of “Hold” and an average target price of $76.44.
In related news, insider Karen Boone sold 22,000 shares of the business’s 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 directly owns 25,430 shares in the company, valued at approximately $2,532,828. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary G. Friedman acquired 10,300 shares of the firm’s stock in a transaction that occurred on Tuesday, December 12th. The stock was acquired at an average price of $97.09 per share, with a total value of $1,000,027.00. Following the completion of the transaction, the chief executive officer now directly owns 2,245,710 shares in the company, valued at approximately $218,035,983.90. The disclosure for this purchase can be found here. 18.80% of the stock is currently owned by insiders.
COPYRIGHT VIOLATION WARNING: This article was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/20/rh-rh-given-media-impact-score-of-0-17.html.
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.
Receive News & Ratings for RH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RH and related companies with MarketBeat.com's FREE daily email newsletter.