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Restoration Hardware (RH) Gains As Market Dips: What You Should Know
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Restoration Hardware (RH - Free Report) closed the most recent trading day at $641.44, moving +1.09% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.53%.
Prior to today's trading, shares of the furniture and housewares company had gained 30.59% over the past month. This has outpaced the Retail-Wholesale sector's gain of 1.92% and the S&P 500's gain of 5.72% in that time.
Investors will be hoping for strength from RH as it approaches its next earnings release. On that day, RH is projected to report earnings of $4.11 per share, which would represent year-over-year growth of 223.62%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $753.49 million, up 56.03% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $20.80 per share and revenue of $3.38 billion. These totals would mark changes of +16.66% and +18.43%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for RH. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 10.37% higher. RH is holding a Zacks Rank of #2 (Buy) right now.
In terms of valuation, RH is currently trading at a Forward P/E ratio of 30.51. This represents a premium compared to its industry's average Forward P/E of 18.9.
We can also see that RH currently has a PEG ratio of 2.07. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Retail - Home Furnishings stocks are, on average, holding a PEG ratio of 2.09 based on yesterday's closing prices.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 11, which puts it in the top 5% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow RH in the coming trading sessions, be sure to utilize Zacks.com.
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Restoration Hardware (RH) Gains As Market Dips: What You Should Know
Restoration Hardware (RH - Free Report) closed the most recent trading day at $641.44, moving +1.09% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.53%.
Prior to today's trading, shares of the furniture and housewares company had gained 30.59% over the past month. This has outpaced the Retail-Wholesale sector's gain of 1.92% and the S&P 500's gain of 5.72% in that time.
Investors will be hoping for strength from RH as it approaches its next earnings release. On that day, RH is projected to report earnings of $4.11 per share, which would represent year-over-year growth of 223.62%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $753.49 million, up 56.03% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $20.80 per share and revenue of $3.38 billion. These totals would mark changes of +16.66% and +18.43%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for RH. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 10.37% higher. RH is holding a Zacks Rank of #2 (Buy) right now.
In terms of valuation, RH is currently trading at a Forward P/E ratio of 30.51. This represents a premium compared to its industry's average Forward P/E of 18.9.
We can also see that RH currently has a PEG ratio of 2.07. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Retail - Home Furnishings stocks are, on average, holding a PEG ratio of 2.09 based on yesterday's closing prices.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 11, which puts it in the top 5% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow RH in the coming trading sessions, be sure to utilize Zacks.com.