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RH (RH) Declines More Than Market: Some Information for Investors
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RH (RH - Free Report) closed the most recent trading day at $137.43, moving -1.94% from the previous trading session. This change lagged the S&P 500's daily loss of 0.52%. Meanwhile, the Dow experienced a drop of 1.24%, and the technology-dominated Nasdaq saw a decrease of 0.21%.
The furniture and housewares company's stock has climbed by 15.65% in the past month, exceeding the Consumer Staples sector's gain of 6.6% and the S&P 500's loss of 1.21%.
Investors will be eagerly watching for the performance of RH in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.67, reflecting a 60.82% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $932.39 million, up 5.5% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.23 per share and revenue of $3.63 billion, indicating changes of -16.85% and +5.39%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for RH. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
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 last 30 days, the Zacks Consensus EPS estimate has moved 3.25% lower. RH is currently a Zacks Rank #3 (Hold).
Investors should also note RH's current valuation metrics, including its Forward P/E ratio of 26.81. This expresses a premium compared to the average Forward P/E of 21.41 of its industry.
One should further note that RH currently holds a PEG ratio of 2.68. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. RH's industry had an average PEG ratio of 3.04 as of yesterday's close.
The Consumer Products - Staples industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 200, placing it within the bottom 19% of over 250 industries.
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.
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RH (RH) Declines More Than Market: Some Information for Investors
RH (RH - Free Report) closed the most recent trading day at $137.43, moving -1.94% from the previous trading session. This change lagged the S&P 500's daily loss of 0.52%. Meanwhile, the Dow experienced a drop of 1.24%, and the technology-dominated Nasdaq saw a decrease of 0.21%.
The furniture and housewares company's stock has climbed by 15.65% in the past month, exceeding the Consumer Staples sector's gain of 6.6% and the S&P 500's loss of 1.21%.
Investors will be eagerly watching for the performance of RH in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.67, reflecting a 60.82% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $932.39 million, up 5.5% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.23 per share and revenue of $3.63 billion, indicating changes of -16.85% and +5.39%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for RH. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
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 last 30 days, the Zacks Consensus EPS estimate has moved 3.25% lower. RH is currently a Zacks Rank #3 (Hold).
Investors should also note RH's current valuation metrics, including its Forward P/E ratio of 26.81. This expresses a premium compared to the average Forward P/E of 21.41 of its industry.
One should further note that RH currently holds a PEG ratio of 2.68. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. RH's industry had an average PEG ratio of 3.04 as of yesterday's close.
The Consumer Products - Staples industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 200, placing it within the bottom 19% of over 250 industries.
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.