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RH (RH) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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RH (RH - Free Report) ended the recent trading session at $216.61, demonstrating a -6.44% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.24%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq depreciated by 0.67%.
Shares of the furniture and housewares company have appreciated by 8.81% over the course of the past month, outperforming the Consumer Staples sector's gain of 0.54%, and the S&P 500's gain of 1.95%.
Market participants will be closely following the financial results of RH in its upcoming release. On that day, RH is projected to report earnings of $3.18 per share, which would represent year-over-year growth of 88.17%. At the same time, our most recent consensus estimate is projecting a revenue of $907.28 million, reflecting a 9.36% rise from the equivalent quarter last year.
RH's full-year Zacks Consensus Estimates are calling for earnings of $10.76 per share and revenue of $3.53 billion. These results would represent year-over-year changes of +99.63% and +11.01%, respectively.
Any recent changes to analyst estimates for RH should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.01% higher. Currently, RH is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, RH is currently exchanging hands at a Forward P/E ratio of 21.52. This expresses a discount compared to the average Forward P/E of 22.75 of its industry.
It is also worth noting that RH currently has a PEG ratio of 0.65. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Consumer Products - Staples industry was having an average PEG ratio of 3.44.
The Consumer Products - Staples industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 179, placing it within the bottom 28% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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RH (RH) Sees a More Significant Dip Than Broader Market: Some Facts to Know
RH (RH - Free Report) ended the recent trading session at $216.61, demonstrating a -6.44% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.24%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq depreciated by 0.67%.
Shares of the furniture and housewares company have appreciated by 8.81% over the course of the past month, outperforming the Consumer Staples sector's gain of 0.54%, and the S&P 500's gain of 1.95%.
Market participants will be closely following the financial results of RH in its upcoming release. On that day, RH is projected to report earnings of $3.18 per share, which would represent year-over-year growth of 88.17%. At the same time, our most recent consensus estimate is projecting a revenue of $907.28 million, reflecting a 9.36% rise from the equivalent quarter last year.
RH's full-year Zacks Consensus Estimates are calling for earnings of $10.76 per share and revenue of $3.53 billion. These results would represent year-over-year changes of +99.63% and +11.01%, respectively.
Any recent changes to analyst estimates for RH should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.01% higher. Currently, RH is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, RH is currently exchanging hands at a Forward P/E ratio of 21.52. This expresses a discount compared to the average Forward P/E of 22.75 of its industry.
It is also worth noting that RH currently has a PEG ratio of 0.65. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Consumer Products - Staples industry was having an average PEG ratio of 3.44.
The Consumer Products - Staples industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 179, placing it within the bottom 28% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.