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RH (RH) Declines More Than Market: Some Information for Investors
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In the latest trading session, RH (RH - Free Report) closed at $120.72, marking a -1.99% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.07%. Elsewhere, the Dow saw an upswing of 0.32%, while the tech-heavy Nasdaq depreciated by 0.51%.
Coming into today, shares of the furniture and housewares company had lost 12.67% in the past month. In that same time, the Consumer Staples sector gained 3.7%, while the S&P 500 gained 5.58%.
Analysts and investors alike will be keeping a close eye on the performance of RH in its upcoming earnings disclosure. The company is forecasted to report an EPS of -$1.7, showcasing a 1407.69% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $791.62 million, down 2.74% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.4 per share and revenue of $3.63 billion. These totals would mark changes of +1.75% and +5.49%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for RH. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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. Over the past month, there's been a 8.9% fall in the Zacks Consensus EPS estimate. RH is currently a Zacks Rank #5 (Strong Sell).
Looking at valuation, RH is presently trading at a Forward P/E ratio of 19.26. This denotes a premium relative to the industry average Forward P/E of 18.11.
It's also important to note that RH currently trades at a PEG ratio of 1.89. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Consumer Products - Staples industry stood at 2.92 at the close of the market yesterday.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 171, putting it in the bottom 30% of all 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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RH (RH) Declines More Than Market: Some Information for Investors
In the latest trading session, RH (RH - Free Report) closed at $120.72, marking a -1.99% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.07%. Elsewhere, the Dow saw an upswing of 0.32%, while the tech-heavy Nasdaq depreciated by 0.51%.
Coming into today, shares of the furniture and housewares company had lost 12.67% in the past month. In that same time, the Consumer Staples sector gained 3.7%, while the S&P 500 gained 5.58%.
Analysts and investors alike will be keeping a close eye on the performance of RH in its upcoming earnings disclosure. The company is forecasted to report an EPS of -$1.7, showcasing a 1407.69% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $791.62 million, down 2.74% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.4 per share and revenue of $3.63 billion. These totals would mark changes of +1.75% and +5.49%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for RH. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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. Over the past month, there's been a 8.9% fall in the Zacks Consensus EPS estimate. RH is currently a Zacks Rank #5 (Strong Sell).
Looking at valuation, RH is presently trading at a Forward P/E ratio of 19.26. This denotes a premium relative to the industry average Forward P/E of 18.11.
It's also important to note that RH currently trades at a PEG ratio of 1.89. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Consumer Products - Staples industry stood at 2.92 at the close of the market yesterday.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 171, putting it in the bottom 30% of all 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.