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RH (RH - Free Report) ended the recent trading session at $206.95, demonstrating a -1.99% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.47%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq added 0.9%.
Shares of the furniture and housewares company witnessed a loss of 3.58% over the previous month, trailing the performance of the Consumer Staples sector with its gain of 14.31%, and the S&P 500's loss of 0.16%.
The investment community will be closely monitoring the performance of RH in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $2.24, reflecting a 41.77% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $873.05 million, indicating a 7.46% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $7 per share and a revenue of $3.47 billion, indicating changes of +29.87% and +9.09%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for RH. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.28% higher. RH is currently a Zacks Rank #5 (Strong Sell).
Digging into valuation, RH currently has a Forward P/E ratio of 20.77. This represents a premium compared to its industry average Forward P/E of 20.63.
Investors should also note that RH has a PEG ratio of 0.89 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. RH's industry had an average PEG ratio of 2.79 as of yesterday's close.
The Consumer Products - Staples industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 173, this industry ranks in the bottom 30% of all industries, numbering over 250.
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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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RH (RH) Stock Sinks As Market Gains: Here's Why
RH (RH - Free Report) ended the recent trading session at $206.95, demonstrating a -1.99% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.47%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq added 0.9%.
Shares of the furniture and housewares company witnessed a loss of 3.58% over the previous month, trailing the performance of the Consumer Staples sector with its gain of 14.31%, and the S&P 500's loss of 0.16%.
The investment community will be closely monitoring the performance of RH in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $2.24, reflecting a 41.77% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $873.05 million, indicating a 7.46% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $7 per share and a revenue of $3.47 billion, indicating changes of +29.87% and +9.09%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for RH. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.28% higher. RH is currently a Zacks Rank #5 (Strong Sell).
Digging into valuation, RH currently has a Forward P/E ratio of 20.77. This represents a premium compared to its industry average Forward P/E of 20.63.
Investors should also note that RH has a PEG ratio of 0.89 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. RH's industry had an average PEG ratio of 2.79 as of yesterday's close.
The Consumer Products - Staples industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 173, this industry ranks in the bottom 30% of all industries, numbering over 250.
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.
You can find more information on all of these metrics, and much more, on Zacks.com.