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RH (RH) Beats Stock Market Upswing: What Investors Need to Know
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RH (RH - Free Report) ended the recent trading session at $179.57, demonstrating a +2.9% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.02% for the day. On the other hand, the Dow registered a gain of 0.51%, and the technology-centric Nasdaq decreased by 0.18%.
The stock of furniture and housewares company has risen by 9.73% in the past month, leading the Consumer Staples sector's gain of 0.3% and the S&P 500's gain of 0.77%.
The upcoming earnings release of RH will be of great interest to investors. In that report, analysts expect RH to post earnings of $0.29 per share. This would mark a year-over-year decline of 90.1%. 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 full year, the Zacks Consensus Estimates are projecting earnings of $4.73 per share and revenue of $3.62 billion, which would represent changes of -24.8% and +5.11%, respectively, from the prior year.
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. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, RH possesses a Zacks Rank of #3 (Hold).
In terms of valuation, RH is currently trading at a Forward P/E ratio of 36.86. This signifies a premium in comparison to the average Forward P/E of 19.2 for its industry.
It's also important to note that RH currently trades at a PEG ratio of 3.62. 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. The Consumer Products - Staples industry currently had an average PEG ratio of 3.46 as of yesterday's close.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 202, putting it in the bottom 18% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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RH (RH) Beats Stock Market Upswing: What Investors Need to Know
RH (RH - Free Report) ended the recent trading session at $179.57, demonstrating a +2.9% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.02% for the day. On the other hand, the Dow registered a gain of 0.51%, and the technology-centric Nasdaq decreased by 0.18%.
The stock of furniture and housewares company has risen by 9.73% in the past month, leading the Consumer Staples sector's gain of 0.3% and the S&P 500's gain of 0.77%.
The upcoming earnings release of RH will be of great interest to investors. In that report, analysts expect RH to post earnings of $0.29 per share. This would mark a year-over-year decline of 90.1%. 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 full year, the Zacks Consensus Estimates are projecting earnings of $4.73 per share and revenue of $3.62 billion, which would represent changes of -24.8% and +5.11%, respectively, from the prior year.
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. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, RH possesses a Zacks Rank of #3 (Hold).
In terms of valuation, RH is currently trading at a Forward P/E ratio of 36.86. This signifies a premium in comparison to the average Forward P/E of 19.2 for its industry.
It's also important to note that RH currently trades at a PEG ratio of 3.62. 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. The Consumer Products - Staples industry currently had an average PEG ratio of 3.46 as of yesterday's close.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 202, putting it in the bottom 18% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.