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RH (RH) Registers a Bigger Fall Than the Market: Important Facts to Note
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In the latest close session, RH (RH - Free Report) was down 2.09% at $183.95. This move lagged the S&P 500's daily loss of 0.19%. Meanwhile, the Dow lost 0.59%, and the Nasdaq, a tech-heavy index, lost 0.05%.
Shares of the furniture and housewares company witnessed a gain of 26.87% over the previous month, beating the performance of the Consumer Staples sector with its gain of 2.55%, and the S&P 500's gain of 0.55%.
The investment community will be closely monitoring the performance of RH in its forthcoming earnings report. The company is forecasted to report an EPS of $0.29, showcasing a 90.1% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $914.4 million, indicating a 1.7% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.73 per share and a revenue of $3.62 billion, signifying shifts of -24.8% and +5.11%, respectively, from the 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. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. RH is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, RH is at present trading with a Forward P/E ratio of 39.69. This denotes a premium relative to the industry average Forward P/E of 19.68.
We can also see that RH currently has a PEG ratio of 3.89. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Consumer Products - Staples industry was having an average PEG ratio of 3.39.
The Consumer Products - Staples industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 190, placing it within the bottom 23% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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RH (RH) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest close session, RH (RH - Free Report) was down 2.09% at $183.95. This move lagged the S&P 500's daily loss of 0.19%. Meanwhile, the Dow lost 0.59%, and the Nasdaq, a tech-heavy index, lost 0.05%.
Shares of the furniture and housewares company witnessed a gain of 26.87% over the previous month, beating the performance of the Consumer Staples sector with its gain of 2.55%, and the S&P 500's gain of 0.55%.
The investment community will be closely monitoring the performance of RH in its forthcoming earnings report. The company is forecasted to report an EPS of $0.29, showcasing a 90.1% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $914.4 million, indicating a 1.7% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.73 per share and a revenue of $3.62 billion, signifying shifts of -24.8% and +5.11%, respectively, from the 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. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. RH is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, RH is at present trading with a Forward P/E ratio of 39.69. This denotes a premium relative to the industry average Forward P/E of 19.68.
We can also see that RH currently has a PEG ratio of 3.89. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Consumer Products - Staples industry was having an average PEG ratio of 3.39.
The Consumer Products - Staples industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 190, placing it within the bottom 23% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.