We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
RH (RH) Outperforms Broader Market: What You Need to Know
Read MoreHide Full Article
In the latest close session, RH (RH - Free Report) was up +2.85% at $132.03. The stock's performance was ahead of the S&P 500's daily gain of 1.01%. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 1.22%.
Coming into today, shares of the furniture and housewares company had lost 37.4% in the past month. In that same time, the Consumer Staples sector lost 6.6%, while the S&P 500 lost 2.86%.
Market participants will be closely following the financial results of RH in its upcoming release. It is anticipated that the company will report an EPS of $2.24, marking a 41.77% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $873.05 million, reflecting a 7.46% rise from the equivalent quarter last year.
RH's full-year Zacks Consensus Estimates are calling for earnings of $7 per share and revenue of $3.47 billion. These results would represent year-over-year changes of +29.87% and +9.09%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for RH. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.21% fall in the Zacks Consensus EPS estimate. As of now, RH holds a Zacks Rank of #3 (Hold).
In the context of valuation, RH is at present trading with a Forward P/E ratio of 12.65. This denotes a discount relative to the industry average Forward P/E of 19.35.
Also, we should mention that RH has a PEG ratio of 0.54. 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. As of the close of trade yesterday, the Consumer Products - Staples industry held an average PEG ratio of 3.09.
The Consumer Products - Staples industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 157, this industry ranks in the bottom 36% of all industries, numbering over 250.
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.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
RH (RH) Outperforms Broader Market: What You Need to Know
In the latest close session, RH (RH - Free Report) was up +2.85% at $132.03. The stock's performance was ahead of the S&P 500's daily gain of 1.01%. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 1.22%.
Coming into today, shares of the furniture and housewares company had lost 37.4% in the past month. In that same time, the Consumer Staples sector lost 6.6%, while the S&P 500 lost 2.86%.
Market participants will be closely following the financial results of RH in its upcoming release. It is anticipated that the company will report an EPS of $2.24, marking a 41.77% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $873.05 million, reflecting a 7.46% rise from the equivalent quarter last year.
RH's full-year Zacks Consensus Estimates are calling for earnings of $7 per share and revenue of $3.47 billion. These results would represent year-over-year changes of +29.87% and +9.09%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for RH. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.21% fall in the Zacks Consensus EPS estimate. As of now, RH holds a Zacks Rank of #3 (Hold).
In the context of valuation, RH is at present trading with a Forward P/E ratio of 12.65. This denotes a discount relative to the industry average Forward P/E of 19.35.
Also, we should mention that RH has a PEG ratio of 0.54. 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. As of the close of trade yesterday, the Consumer Products - Staples industry held an average PEG ratio of 3.09.
The Consumer Products - Staples industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 157, this industry ranks in the bottom 36% of all industries, numbering over 250.
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.